895: Strategy Sprints: Get Your Time and Energy Back, Enjoy Less Stress, More Revenue, Scaling, and Freedom with Simon Severino

There are so many situations in business and life where a small amount of reconfiguration is the solution. Perhaps there is no need to start over from scratch after discarding everything you've accomplished in your life. A slight reconfiguration may do instead of something more drastic, and that can entail reconfiguring your priorities, schedule, and finances. 

Simon Severino is the Founder of Strategy Sprints, a company that helps business owners in SaaS and services run their companies more effectively. He is the author of the book "Strategy Sprints: 12 Ways to Accelerate Growth for an Agile Business," which provides a framework for entrepreneurs to improve their decision-making, increase sales, and achieve their goals. Today, Simon discusses the importance of writing things down, measuring key metrics, and having a clear process for making decisions.

Quotes

“If you don't write down your assumptions, you treat them as if they were reality.” - Simon Severino

“If you don't know your numbers, your decisions are not based on data—they're based on rumors.” - Simon Severino

“When the tide goes out, you see who's swimming naked. Whenever there's a recession-type situation, the mindset that gets me through is that the weak hands are just being weeded out. All these businesses might not even have had any business making money.” - Simon Severino

Takeaways

02:49 Documenting your assumptions and testing them through experiments is crucial for making informed business decisions.

07:51 Tracking a few key metrics regularly can help you quickly identify and adapt to changes in your business or industry.

18:30 Simplifying your business offerings and focusing on one core solution can lead to a more efficient and profitable operation.

22:17 Connecting your daily work to the tangible results and feedback from clients can help overcome the perceived "boredom" of repetitive tasks.

23:49 Reducing the number of "parts" or components in your business can make it easier to maintain and improve over time.

Resources

Podcast: Play in new window | Download (Duration: 33:18 — 46.0MB) | Embed

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Filed in: Archive 4: 2020-2023 • Interview • Podcast • Uncategorized

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