Business Builders with Pavlo Phitidis

← Business Builders with Pavlo Phitidis16. Sept. · 5 Min.

Get Out of the Engine Room and Lead Your Business

Get Out of the Engine Room and Lead Your Business16. Sept.5 Min.

<p>Subscribe to receive weekly emails https://aurik.com/businessbuilders/Follow on Linkedin: https://www.linkedin.com/in/pavlophitidis/A ship adrift is a shipwreck in waiting.And right now, many business owners are working harder than ever but spending most of their time below the waterline, in the engine room, dealing with sales, delivery, people, suppliers, cash, costs and the next problem demanding attention.The engine room matters. But if the captain spends all day there, who is navigating the ship?In this Business Builders episode, I look at how established business owners can lead through persistent uncertainty without allowing every new storm to change the destination.The answer is not to become better at predicting what happens next. It is to build a business that can navigate through uncertainty.That requires three things:Set a long-term destination. Define where the business needs to be in seven to ten years, what it must become, who it will serve, what it will be known for and what it must be worth.Build shorter growth waypoints. Make each stage of growth deliberately add the markets, capabilities, systems, teams, channels, customers and assets needed to reach that destination.Stabilise the engine room. Create clear routines, measures and accountability so that the business depends less on the owner to keep everything moving.Uncertainty is not going away. Your job is not to remove the storm. Your job is to build a business that can navigate through it.Subscribe to Business Builders for practical, operator-level insights on business growth, leadership, scaling and building an Asset of Value™.#BusinessBuilders #BusinessGrowth #Leadership #BusinessStrategy #ScalingBusiness #Entrepreneurship #PavloPhitidisChapters 00:00 Why businesses are drifting00:30 When owners get trapped in the engine room01:07 Who is navigating the ship?01:40 Stop trying to predict the storms02:05 Set the destination and growth waypoints02:38 Stabilise the engine room03:08 Are you on the bridge or in the engine room?</p>