Genetically Entrepreneur - Jim Haviland - The Entrepreneur Gene - Ep # 24
What does six generations of entrepreneurship get you? Find out in this episode with Jim Haviland, an experienced entrepreneur, Partner and Business Operating System Coach at Impact Architects and Chief Operating Officer at CallPlease. Jim shares his insights on building and exiting organizations, the entrepreneurial gene, and the importance of exit planning. He discusses the significance of having a clear purpose, the necessity of mentors and operating systems, and offers advice on long-term planning for entrepreneurs. Tune in for valuable lessons and inspiration for both budding and experienced entrepreneurs.
Takeaways:
- Implementing a structured operating system can greatly enhance your business's efficiency and success rate. It helps you grow faster and minimizes the risk of business failure.
- Define what 'done' looks like for your projects. Be clear and specific about your objectives to ensure everyone in the organization is aligned.
- Regularly dedicate time to long-term planning. Consider both a 10-year and a 3-year horizon and actively work towards those goals.
- Aim to build a business that is not just profitable but also a valuable asset that can be transferred or sold in the future. This includes minimizing owner dependency and investing in aspects that increase business value.
Quote of the Show:
- “ If you want to build something that's really valuable, you can do that but you have to be serious about it. You don't just show up and punch the clock.” - Jim Haviland
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LinkedIn: https://www.linkedin.com/in/jimhaviland/
Website: https://www.impactarchitects.io/
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