Join Whitney Johnson for an in-depth discussion in this video Documenting processes, part of Entrepreneurship Foundations.
- As a start-up, everything you do is…in essence an experiment.…Frequently, it is a messy process of trial and error.…With some things working well, others poorly.…As you start to figure things out,…and are ready to scale your business to it's ideal size,…it's essential that you transition…from messy trial and error to well oiled machine.…Scaling is simpler when a business is running efficiently.…Efficiency frees up money, time and resources…that can then be plowed back in to grow your business.…
The best way to become efficient is to…codify or document your processes.…Outlining the critical tasks…that take place at your company.…A process document explains how you do what you do.…It eliminates confusion amongst your employees…and as you articulate your current practices,…you will unearth flaws.…This will allow you to improve.…As you codify your processes,…you'll want to start with just one process,…rather than the entire workings of the organization.…
And I'd recommend starting with the process…that's in a reasonably good working order.…
- Finding your idea/problem to solve
- Finding your first customer
- Writing a business plan
- Deciding on a legal structure
- Building a team of employees and advisors
- Marketing your business
- Building a website
- Minding cash
- Managing stress
- Funding growth
- Balancing entrepreneurship and life
Skill Level Appropriate for all
Financial Literacy: Reading Financial Reportswith Rudolph Rosenberg1h 25m Appropriate for all
Management Foundations (2013)with Britt Andreatta2h 9m Appropriate for all
1. Finding Your Big Idea
2. Starting Your Business
3. Building a Team
4. Marketing Your Business
5. Scaling Your Business
6. Funding Growth
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