Level Two Advanced Stage:
Building a Systems - Reliant Company with a Winning Management Team
Focus: Increasing your capacity and scaling your business
Key Leverage Point: Your key team members' time, talent, skills, and focus
Characteristics of a Typical Advanced Stage Level Two Business:
As you begin to transition into Advanced Stage Level Two, your business will commonly have the following characteristics, which become your starting point:
- It's becoming more and more systems driven. (At least one or two of the five main areas of your business are managed by people other than you.)
- Your revenue is starting to climb.
- Your business may feel like it's bursting at the seams.
The Level Three Shift
An essential piece in building a Level Three business is enrolling your team in building the systems, controls, and scalable solutions with you.
Rather than regarding the team around you as a form of leverage that magnifies your personal reach and production, instead see them as partners in taking the business to the next level.
As management guru Peter Drucker once said, "The founder has to learn to become the leader of a team rather than a 'star' with 'helpers.'"
Advanced Stage Level Two Case Study: Tom Santilli
Tom cut his working hours in half and still managed to grow his businessThree years ago, an introverted ex-engineer turned successful entrepreneur attended one of our business owner workshops. Like many business owners who find their way to one of our live events, Tom was burned out. He owned and ran a highly successful wholesale business, but he built his company to revolve around himself, which meant long hours, high stress, and sacrifices at home. In fact, it was Tom's wife who enrolled him in the workshop and even bought him the airline ticket to attend! Tom felt he couldn't afford several days out of the office, but he listened to his wife and went anyway.
What happened when he took the concepts and strategies from the workshop home and applied them in his business? Here's what he said:
"I've always been one of those driven people who believed in working hard to reach their goals. Before I began working with David and the Maui team, I'd been fortunate enough to build a successful business (thisoldstore.com) and real estate portfolio that generated a seven-figure income. But I had to work long hours tied to my computer, phone, and email to do it - or so I thought.
"Using the Level Three approach, I've cut my working hours in half and still make the same income. Only now I don't come into the office until after 10 a.m., and I take every Friday off to be with my family for the weekend. This sure feels a lot more like wealth and freedom to me.
"For anyone who owns a successful business, I strongly recommend you use the Level Three business system to help you make it better. Who knows, you just might get your personal life back like I did."
Tom Santilli, Thisoldstore.com
Resources For Advanced Stage Level Two Business Owners:
Reports:
- Crafting Your Business's Strategic Plan (PDF)
Home Study Courses:
Web Links:
- The Business Owner Success Conference
- The Business Owner Endgame (Workshop - Coming Soon!)
- The Consulting Program
Level One » Level Two » Level Two - Early » Level Two - Middle » Level Two - Advanced » Level Three
