09/08- 4:44 Dealmaker's Digest Newsletter

Author

Mark Evans DM
September 08, 2024

Hey, Dealmaker!

What’s really holding you back from growing to the next level? 🤔 Is it a business you don’t love anymore or maybe something else you’re hanging onto that’s slowing you down? Here’s the question you should be asking: “What’s my enterprise value?” Stop thinking like an operator, and start thinking like an owner. Shift your focus to building systems that don’t rely on you. That’s where the magic happens.

Want to know more about how to make this shift and unlock real growth? Check out my latest blog for some eye-opening insights! →

4 Thoughts to Kickstart Your Day

  1. Know When to Let Go: Holding onto something that no longer serves you can hold you back. Be ready to pivot when necessary.

  2. Think Beyond the Dollar: Don’t just chase the quick cash. Focus on what adds long-term value to your business.

  3. Build to Scale: Your business should work without you. Start documenting processes and delegating tasks today.

  4. Mindset Matters: Shifting from being the worker to being the owner can change everything. Think big, act bigger!

4 Lessons Learned

  1. Exit Strategy Matters: Even if you’re not planning to sell, having an exit plan keeps you prepared for anything.

  2. Systems Are Key: Create processes that anyone can follow. The more your business can run without you, the more valuable it becomes.

  3. Time is Your Biggest Asset: Don’t waste time on low-value tasks. Focus on activities that drive growth and enterprise value.

  4. Look for the Bigger Problem: If you’re stuck in the small stuff, you’re missing the bigger picture. Look for the $10 problem hiding behind every $1 problem.

4 Challenges to Conquer Today

  1. Audit Your Tasks: List out your daily tasks and identify the ones you can delegate or eliminate. Focus on high-value activities.

  2. Document One Process: Pick one process in your business and document it. Make it so clear anyone can follow it.

  3. Create an Exit Plan: Start thinking about what your exit would look like. What steps do you need to take to make it happen?

  4. Shift Your Mindset: Take a few minutes today to reflect on how you can think more like an owner, not just an operator.

🔥 Ready to Make Your Business Work for You? 🔥

Tired of being stuck in the weeds? It’s time to shift gears and think like an owner. Come join the DM Alliance, where we’re all about creating businesses that run without you, grow beyond you, and build wealth for the long haul. Don’t just build a business—build a legacy. Let’s do this together!

Quote of the Day

"The secret of change is to focus all your energy not on fighting the old, but on building the new.”

- Socrates

Let’s break those barriers and build something that lasts!

Until Tomorrow,

Mark Evans DM

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