The entrepreneur always searches for change, responds to it, and exploit it as an OPPORTUNITY.
- Peter Drucker
However, a lack of skill can be made up for with brute force.
Now, this isn't something that I'm recommending, I'm just not like it, my preference is elegance, leverage to get more done with less, but every now and then I have to be okay with a brute force approach, and building software.
The...
What are the two times to execute systems? Yesterday, we covered the fundamentals of systems, the four components that the system itself the processes of that system, the templates that are in a system, and of course, most importantly, the results.
And one thing that was not possible to cover in...
What are the fundamentals of a system? Like just the fundamentals?
If you're going to look at a system, what comes to mind for you? Do you know what a system is? Do you know? What makes up a system? Do you know the purpose of a system?
I thought we would just return back to...
Why systems under strain often fail.
This is an interesting topic right now because you're in New South Wales, or I'm actually up in Queensland at the moment, spending a night in a hotel with my wife, which has been awesome.
But the interesting thing about New South Wales is that they have had a...
A Tale of Two whitelists weightless, like how important could weightless be.
But I want to share an interesting story.
In fact, both of these are stories.
Let's get that cleared that I have had no direct experience with either of these stories, but it's important.
It's important to get that...
So Merry Christmas 2021 I am at the end of a very good Christmas just been up here with my family in Queensland made across the border without a problem.
The Gold Coast Highway which was a small diversion was all of one minute delay and then back and up to Brizzy with no problems been wonderful...
Why even if you've got a process for processes, you're going to struggle.
Like, check this out, even if you have a process for processes, which makes sense.
Like, if you're going to build out your business to run on systems, you're going to need to have a way of documenting your processes.
So you...
Why do systems protect in chaotic times? Here in Australia, we are entering into, once again, some more chaos.
It is two days before Christmas.
The governments here were very keen to open up and get families back together, which has been awesome.
Extremely high vaccination rates 93% Double Vax.
...
As we come to the end of 2021, it has once again been a year full of upheaval and challenge.
But the fundamentals of the business remain!
A business's primary function is to make a profit.
It must produce more cash in sales more than it consumes.
Profit is a “Good Thing,” representing...
Why is a systems lag time important? Let's start off by talking about well, what is the system's lag time.
And what I mean by this is how long does it take for you to get the results of that system.
So a system's got some inputs, it's got some kind of raw materials, or whether that's ideas or...
What to do when you don't want to do what must be done.
I've been putting this episode off for a couple of hours now, it's relatively late in the day, it's about 945 946, something like that, for whatever reason, I just did not want to do this episode.
And the reason that I'm choosing to talk...
is saving time all that systems do, I want you to consider two businesses there have work that shows up every let's call it three weeks, every three weeks, there's a bunch of work that has to be done.
And so business a says, you know, what we're going to do this work takes about an hour and 15...