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Episode 21 | The Impact of business Strategy
Manage episode 397574598 series 3512664
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Join us today on the 7X Growth Podcast as we cover the importance of strategy in business and how to implement it. The hosts, Gerold Joubert and Christian Nyembue, discuss what strategy is and why it is so important for businesses. They also share tips on how to develop and implement a strategy.
Here are the key takeaways from the video:
* Strategy is more than just a plan; it is a way of thinking. It is about how you are going to approach your goals and how you are going to get there.
* A good strategy is essential for business success. It can help you to make better decisions, avoid mistakes, and achieve your goals.
* There are different levels of strategy, and each level needs a different approach. For example, the strategy you use to grow your company from $1 million to $10 million will be different from the strategy you use to grow your company from $10 million to $100 million.
* It is important to develop a strategy that is based on your numbers. What are your goals? What are your resources? What are your strengths and weaknesses? Once you know the answers to these questions, you can start to develop a strategy that will help you achieve your goals.
* It is also important to be flexible with your strategy. The business landscape is constantly changing, so you need to be able to adapt your strategy as needed.
To listen to this PODCAST on your favourite podcast channel click here:
https://7xgrowth-podcast.buzzsprout.com
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In this podcast, we talk about all things Business Growth. This podcast helps you UNLOCK your business growth and take your business to the next level. We add value and help you identify new ways and areas to grow your business. So, whether you are a Corporate CEO, Serial Entrepreneur, or small business owner, we will have something new you can learn and apply to your business, team, and yourself.
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