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EachPod

A Framework That Gives You Flexibility

Author
Salim Omar
Published
Mon 28 Nov 2022
Episode Link
https://straight-talk-about-small-business-success.simplecast.com/episodes/a-framework-that-gives-you-flexibility-kM7yImE7

[00:01 - 05:25] Opening Segment

  • Welcoming Peter Mohr to the show
  •  How to run several businesses:
  • Aligning everything using the 5 Ps framework


[05:26 - 19:32] Unpacking the 5 Ps

Peter shares about the 5 Ps:

  • It all starts with the right promise and the promise to the client
  • Understanding your promise
  • Understanding what the problem that they have:
  • What problem are you solving
  • How are you uniquely are you solving the problem than anybody else
  • The product or service
  • Just because you've offered a product or service for a very long period doesn't mean you have to keep doing it, and it doesn't imply that your customers still value it
  • Process in the business
  • Why we really need to dig back all the processes
  • What is the process to those things? 
  • How does it lay out?
  • Is everybody following them?
  • Decisions should be made always at the lowest possible level of every organization
  • 3 different categories of people
  • Your ideal client
  • Your ideal teammate
  • The outsource suppliers that help deliver your promise to your clients
  • Profit giving us freedom
  • Honing your profit
  • How the business owner's freedom comes from profit, which is more than just money


[19:33 - 27:08] What Entrepreneurs Need to Know

  • Why entrepreneurs and business owners need to provide clarity to everyone within their sphere of influence
  • Having a benchmark to work with
  • Why repetition is the mother of skill 
  • Why communication is important
  • A meeting framework on a regular basis:
  • Meeting once a month as a management team for a half day
  • Meeting weekly for an hour
  • Using a voice app called Voxer on a daily basis to vox each other the 3 priorities for the day 


[27:09 - 29:10] Closing Segment

  • Reach out to Peter!


Ready to transform the sales experience and close more deals? Connect with Peter and join their program at https://simplifyingentrepreneurship.com/.


LinkedIn: https://ca.linkedin.com/in/petermohr


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Tweetable Quotes


 “I think the big thing that happens here is entrepreneurs, business owners need to provide clarity to everybody within their sphere of influence.” - Peter Mohr


“The idea around if it's only in your head and it's not communicated throughout, everybody that needs to know, then that's a problem.” - Peter Mohr

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