Scaling up a Business with Nick Bradley

<p>Many businesses are facing the adverse effects of Covid -19. Some have collapsed, others are on the verge of collapsing and others are having a boom. Investors are buying companies that have the potential for growth and scalability. </p> <p>In this episode, we have Nick Bradley joining us on the show.  Nick and I will be talking about scaling up a business.</p> <p>Listen in and learn</p> <p>Characteristics of a great business and versus a good business</p> <p>Great businesses have a very clear purpose, mission and direction. They also have a plan aligned to the objectives and goals which come out of that. Quite often, they might have a three to a five-year vision of what they're trying to achieve, but they work to sort of a 90-day cadence. When they’re monitoring the stuff they do daily, weekly, you know, in this kind of three-month 90-day formula, which means they're not giving themselves any outs if you like to relax. There’s power in threes. Focus on three things that are going to get you the results; the best three. Don't focus on the five that are going to kind of get you distracted. </p> <p>They have a clear proposition that solves an identifiable market problem. Great businesses focus on the niche and have a predictable way of bringing in those customers, thus driving recurring revenue. Also, they have processes that underpin the joint ups across all various functions within an organization. </p> <p>They have a designed intentional culture that is underpinned by exact values, and more important behaviours. They hire to that culture; they have a high capacity, high calibre, high capacity professionals, in the areas where it matters most.</p> <p> </p> <p>Definition of a Business Empire</p> <p>Business empires are essentially scaled businesses. They're beyond corporates. They are groups of large entities, which are not only generating a heap of value in terms of profitability, or any of those things, but they're also making a bigger impact.</p> <p>Qualities of Great Leaders</p> <p>They have comp