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Thirty Essentials: Sustainable Success
Get the most out of owning a business with these thirty practical steps to attaining financial and personal freedom and business success.
When your business depends on your management to survive, it often means compromising your lifestyle in favour of success. But what business owners don’t often realise is that this dependence not only limits their freedom, but it also limits the growth and development of the business itself.
Top business coach and ex-CEO of a multi-billion dollar company, Andrew Laurie, explains how you can release yourself from day-to-day management, so as to reap the benefits of business ownership.
A simple and effective guidebook, Thirty Sustainable Success outlines the steps of handing over the management of a business and, crucially, guides you through the challenges that will inevitably arise. It also assists you in deciding how to spend your time after stepping back; both in appropriate continuing involvement in the business and in other activities external to it.
Thirty Sustainable Success is an invaluable guide to attaining the freedom that business ownership offers and to ensuring that your business can truly achieve its potential.
When your business depends on your management to survive, it often means compromising your lifestyle in favour of success. But what business owners don’t often realise is that this dependence not only limits their freedom, but it also limits the growth and development of the business itself.
Top business coach and ex-CEO of a multi-billion dollar company, Andrew Laurie, explains how you can release yourself from day-to-day management, so as to reap the benefits of business ownership.
A simple and effective guidebook, Thirty Sustainable Success outlines the steps of handing over the management of a business and, crucially, guides you through the challenges that will inevitably arise. It also assists you in deciding how to spend your time after stepping back; both in appropriate continuing involvement in the business and in other activities external to it.
Thirty Sustainable Success is an invaluable guide to attaining the freedom that business ownership offers and to ensuring that your business can truly achieve its potential.
156 pages, ebook
Published March 1, 2019
3 people want to read
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Displaying 1 of 1 review
July 15, 2021
Summary:
A good succinct distillation of how to take a step back from your business and transition to a broader more strategic role. Not super relevant to me at moment, but would definitely be a valuable read for business owners looking to free up their time and find capacity to grow their business. The main focus of the book is on transitioning out by becoming a chairperson and inducting your replacement in the form of a general manager or CEO of your business. It’s a pretty narrow scope for a niche audience, but is well laid out with some compelling examples. Particularly the success stories of people who stepped back and were able to pursue other passions, set their own schedule and still have their businesses operate effectively. Kudos to the author for living that dream!
I would recommend this book to business owners looking to work on their business rather than in it.
The main message I took from this book is how many business owners get stuck working in the business and are thus unable to grow the business.
The essentials:
- Accountabilities and responsibilities are properly and clearly allocated.
- Processes are clearly codified.
- Ensure the culture is ‘strong’.
- Appropriate financial controls are in place.
- Appropriate business dashboard is in place.
- Necessary meeting and communication rhythm is in place.
- What role are you looking to fill?
- Filling the role.
- Onboarding the role.
- The chairperson role.
- Appointing an appropriate general manager/CEO and holding them accountable.
- Building a great general manager/CEO.
- Defining and monitoring the execution and strategy of the long-term plan.
- The state of the balance sheet and the value of the company.
- Chairing the board.
- The shareholder role.
- Tangible steps in the transition.
- Systematic interaction between the general manager or CEO and the chairperson.
- Tracking time and value as chairperson.
- Intangible steps in the transition.
- Financial management skills.
- Larger-scale business growth options.
- The ability to develop the general manager.
- A longer time horizon.
- Greater uncertainty.
- Focusing more externally than internally.
- A more flexible approach to time.
- Becoming comfortable as a shrinking fish.
- Who you value most.
- How you value your time.
A good succinct distillation of how to take a step back from your business and transition to a broader more strategic role. Not super relevant to me at moment, but would definitely be a valuable read for business owners looking to free up their time and find capacity to grow their business. The main focus of the book is on transitioning out by becoming a chairperson and inducting your replacement in the form of a general manager or CEO of your business. It’s a pretty narrow scope for a niche audience, but is well laid out with some compelling examples. Particularly the success stories of people who stepped back and were able to pursue other passions, set their own schedule and still have their businesses operate effectively. Kudos to the author for living that dream!
I would recommend this book to business owners looking to work on their business rather than in it.
The main message I took from this book is how many business owners get stuck working in the business and are thus unable to grow the business.
The essentials:
- Accountabilities and responsibilities are properly and clearly allocated.
- Processes are clearly codified.
- Ensure the culture is ‘strong’.
- Appropriate financial controls are in place.
- Appropriate business dashboard is in place.
- Necessary meeting and communication rhythm is in place.
- What role are you looking to fill?
- Filling the role.
- Onboarding the role.
- The chairperson role.
- Appointing an appropriate general manager/CEO and holding them accountable.
- Building a great general manager/CEO.
- Defining and monitoring the execution and strategy of the long-term plan.
- The state of the balance sheet and the value of the company.
- Chairing the board.
- The shareholder role.
- Tangible steps in the transition.
- Systematic interaction between the general manager or CEO and the chairperson.
- Tracking time and value as chairperson.
- Intangible steps in the transition.
- Financial management skills.
- Larger-scale business growth options.
- The ability to develop the general manager.
- A longer time horizon.
- Greater uncertainty.
- Focusing more externally than internally.
- A more flexible approach to time.
- Becoming comfortable as a shrinking fish.
- Who you value most.
- How you value your time.
This entire review has been hidden because of spoilers.
Displaying 1 of 1 review