- What must be your Role as a Leader?
- To Create Vision | New Revenue Streams | Valuable Services | Cost Effectiveness | Expansion | Talent Management
- You need an Effective Management and Team to achieve the vision.
- Product/Service – Need, Market potential Study?
- Understanding of Time, Cost, Resources & Risk: What if you create & it has little or no demand?
- How Profitable are the returns of your product?
- Undefined roles? Are all your resources on same task?
- Communication & Roles: Clear Expectation from employees
- Ways to Fund the Project?
- Creative ways you can cut project cost and overhead?
- Do you fail to collect timely payments?
- How full proof is your contracts, payment and delivery terms?
- How awesome are you/your team in negotiations? A Key element for cost cutting
- Do you have the apt experience about technology needed to build the product?
- Is the organization people dependent or process dependent?
- Do you just have product development focus
Or Do you give similar Importance to product sales? - Do you have an investor or do you fund by self?
- Have you tested the pilot or do you want to launch perfection?
- Do you keep track of monthly earning /expenses so you have a track of how do you fair in terms of return?
- You think you are profitable
- Are you aware of different cost heads and actual profitability?
- Creativity as a differentiation?
- Where is the Demand for the project coming from?
- Effective Use of Time & Cost :
- Lot of Time: Use your skill set, learn & build.
- Less Time : Build Team & Execute.
- Value of Filing, Compliances, Audits and Taxes building an Organization with Strong Fundamentals & Growth.
- Avoiding Penalty.
- Strong Growth System
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- Perception Called Money.
- Understanding Wealth and How to build your wealth?
- Design your portfolio to tackle inflation and build corpus growth
- Right way to hedge risks & insurance to tackle uncertainty?
- Life Risks and Planning.
- Effective Monitoring systems & Progress reports to understand the Execution of the Vision & Business Goals?
- Key Questions to help you to Hire:
- Certain task which I hate doing?
- Organization Roles/ Task I don’t want to do?
- Tasks i find it very hard & boring to do?
- Task boring but necessary?
- Certain thing I wish someone else does it for me?
- Aspects of Business i find challenging?
- Do you strive to do all by Self : Source of Stress?
- Delegate / Earn / Spend
- Role of Self Care & Inner Mastery in Organization & Self Success
What Entrepreneurs wish they knew when they started?- Taking care of self-whilst creation
- Take care of health
- Enjoying Self
- Time for diverse things
- It’s a long process enjoy it.
- The phase of struggle isn’t forever fight on.
- Every phase has a value – teaches authenticity & humility
- Learn to Ask & Receive.
Regards,
Jayesh Suri,
Founder,
Root Cause,
www.yourrootcause.com.
