Episode 32: Business Like A Bicycle: Building Growth and Team Engagement w/ Rich Allen

Uncategorized Feb 05, 2019


      

Rich Allen, the founder of Tour De Profit, is an expert in making it easy to understand exactly what makes businesses thrive. Through his eye-opening bicycle framework, he is going to guide us on how we can get a clear focus and generate profit in our own businesses.

The Conversation:

  • 08:35 - Rich's Journey from very humble beginnings.
  • 19:26 - View your bicycle like a business.
    • 1) Handlebars: Vision and Leadership.
    • 2) The Frame: Organization structure, job responsibilities, and accountability systems.
    • 3) The Wheels - The front is our ability to win new customers. The back is our ability to serve those customers and deliver on your promise.
    • 4) The Brakes: Our financial controls
    • 5) Monitor: Your Metrics... Your indicators
    • 6) The seat: Our people programs... compensation, communication plans, incentives, and rewards.

 

  • 26:04 - The power of building a community, trust, friendship.
  • 34:20 - Two things for every business needs to drive engagement faster than anything else.
  • 40:31 - Find your routine and rhythm, every day.

 

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