EMPIREPRENEUR BUSINESS ASSESSMENT RESULTS:
CONSTRAINT: SCALING
Build your portfolio and research scaling strategies to launch your business to new heights.
Your organization is in the fifth stage: Scaling.
Congratulations! You’ve managed to reach a rare level of success that most small businesses never get to see. You are completely free of the day-to-day responsibilities of your business, and you’ve built a great leadership team that drives your business forward. Your role is primarily to act as the visionary. The position you’re in right now is exactly what most business owners dream of.
But, your success doesn’t have to stop here at being a highly successful business. You have the capacity to build an empire—think Apple, Coca Cola, or other massive, instantly recognizable brands. All you need to get there is the right strategies.
At this stage, you need to start picking the right scaling strategy for your vision, purpose, and business model. You should consider several models of scaling: franchising, licensing, additional verticals, and portfolio expansion strategies.
Please watch this video to hear the founder, Pete Piranio, explain where you’re at and how to break through to the next stage.
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Objectives:
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Expand Your Portfolio
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Pick the Right Scaling Strategy
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Develop Deal Finding, Buying, and Analysis Processes
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Stop Relying on Outside Funding
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Build a 5-10 Year Roadmap
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Get a Mentor
“Control -
Everything, Own Nothing”
Recommended Next Steps
Here are some highly recommended steps you can take to help you conquer the Systems stage and get moving with building your empire.
Build a 5-10 Year Strategic Roadmap
Having a long-term plan is essential for proper expansion. Build a strategic roadmap that plans out the next 5-10 years of your scaling plan.
Understand & Selecting The Right Scaling Models & Strategies
To make the right business moves in the upcoming future, you’re going to need a lot of information you probably don’t have yet. Research franchising, licensing, corporate structures, stocks, and buying and selling businesses.
Develop a Portfolio Growth Strategy
Learn how to build your portfolio of businesses with the strategic acquisitions of complementary businesses, vertical and horizontal growth strategies, and ensure long-lasting growth, year after year.
Stop Struggling With Systems and Start Building Your Empire With Pete Piranio. Book a Consultation Today.
Book a ConsultationDevelop a Deal-Finding Process
Develop a strategy to locate the best deals so you can start taking advantage of them consistently and stop relying on a passive, uncontrolled process of waiting to get lucky.
Develop Deal Analysis and Buying Processes
Finding deals is one thing, taking advantage of them is another. Create an effective, replicable analysis and buying process to ensure you filter out the bad deals and know how to take advantage of the good ones, while also reducing risk.
Develop Self-Funding (and No-Funding) Strategies
It’s time to let go of outside funding sources and start developing a way to be entirely self-sufficient. This will give you more overall control on the trajectory of your business.
Learn to “Own Nothing, But Control Everything”
Learn how to position yourself so that you can keep control over how your business operates without being directly liable and you protect your empire. Put a degree of distance between you and your assets and keep a tight ship from behind the curtains.
Get a Mentor to Help You See Blind Spots
The territory you’re in right now is almost certainly uncharted waters for most people. Find someone who’s been there before so they can stop you from making costly mistakes that could take you back to ground 0.
