Jun 7, 2022
The largest companies in the world spend millions of dollars every year in an effort to eliminate waste and improve efficiencies; they do this because the cost of not doing it, is greater.
As a small business owner, you might not have millions of dollars to spend, but you can leverage the same principles, to make sure your business is running as lean as possible and to guarantee the largest return on your investment. I’ve worked with some of the world’s leading companies to help ensure their businesses are running as lean as possible and now I help small business owners achieve the same results, helping them retain as much profit and time as possible.
In Episode 75, I show you five main areas that business owners leave time and profit on the table. This episode is taken from the Lean Out Method’s limited series podcast Do Less, Scale Faster, which goes into great detail on how you can simplify and scale your business and where I introduce you to our Lean Business Scaling System. If you are ready to stop wasting hundreds of hours a month and want to make sure you aren’t leaving money and time on the table, visit www.scalingpodcast.com to learn more about this series and to get notified when it goes live.
Show topics include:
1:38 details on The Lean Out Method’s limited series podcast
2:04 ways consulting, coaching and service based businesses waste hundreds of hours and leave profit on the table
3:57 average amount of hours each person in a your business wastes a week
5:14 how you can improve your profit margin without more hustle
5:51 top ten things that drain profitability and time
6:02 examples of unnecessary complexity - why you need to start working smarter not harder
8:30 why you should leaning out your business by looking at unnecessary complexity
8:49 the truth about creating new offers
12:17 determining when starting something new makes sense for your business versus when you are allowing it to be a distraction
12:21 examples of underutilizing your time and resources
12:59 the biggest miscommunication about systems
14:16 defining your operating model
15:21 what is visionary-itis and how is it negatively impacting your business
16:50 an introduction to the Lean Strategic Planning System
17:14 the cost of not being able to find things in your business
19:29 the greatest benefits from putting systems in place for you and your team
Links from Today’s Episode:
Need help creating a lean business model that allows you to save time and make more money? Visit www.scalingpodcast.com and sign up to be notified when our limited series podcast is released.
Learn the top 10 things that drain profitability/time and receive key actions you can take now to improve your profitability by visiting www.leanoutmethod.com/waste.
Work with Crista:
If you’re ready to reimagine your business but aren’t sure where to start, book a free consultation call at scalingstrategycall.com
Ready to build your signature, scalable offer? Join our 90-day Build to Scale incubator program.
Apply to join the Simplify to Scale Business Accelerator program, a program for those who have completed Build to Scale or who already have a proven scalable signature offer. It helps you grow and scale that offer and then develop your full scalable signature offer suite.
Want to start your strategic planning? Order your 90 Day Planner to help you create and execute your plan, remembering to plan "just in time."
If you have a plan but are struggling to execute, are not getting your desired results or are wondering if your vision needs some fine tuning, your book your 1:1 business intensive session with Crista and start getting the outcomes you knew you could.
If you loved this episode then you won't want to miss the opportunity to join like minded, high achieving women at the Lean Out, Level Up Retreat. Reserve your spot today!
Love this podcast? Then you want to join the Lean Out Method community on Facebook for weekly mini trainings with Crista.
Interested in working with Crista privately or not sure which program is the best fit? Book a consult call for your opportunity to explore options.