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How to Identify and Prioritize the Right Opportunities for Your Business
Manage episode 402370548 series 3468756
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When you investigate your construction business, you often find multiple things you either don’t like or that excite you as an opportunity. But not all problems and bottlenecks that you see as opportunities are created equal.
Identifying the right opportunities to prioritize is where you can screw everything up. You might need to address something first because it has a more significant impact on your business right now. Or you might need to fix a specific problem first because of its domino effect on other areas down the line.
In part two of this Strategic Growth Flywheel series on the Contractor’s Daughter podcast, you’ll learn how to figure out which problem or bottleneck to concentrate on first and which has the most effect on your business. I’ll dive into the second phase of the flywheel with a couple of strategies to help you zone in on where to put your focus next.
3:32 - The impact of critical decision-making on 85% of business owners
5:22 - One model that can help you filter out where you should focus
7:37 - A tactic to try if you have a bias that keeps you in your comfort zone
10:10 - A red flag that signals you’re slipping into your comfort zone
How to Identify and Prioritize the Right Opportunities for Your Business
Find Your Vital Need Assessment
“How to Be a Better Decision Maker (& Why It Matters)”
Fix This Next by Michael Michalowicz
Conference Success Series: Part 1, Part 2, Part 3
Follow Jeani Ringkob on LinkedIn for more resources, strategy videos, tips and news from the Blacktop Banter Network
You can also schedule a call with Jeani to learn more about building and marketing your heavy highway construction business and access videos and free resources on the StoryBuilt.Marketing website.
Take the Growth Strategy Assessment here! It only takes a few minutes to determine the roadblock between you and the next big growth of your business.
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