System Execution explores the strategy and system behind today’s successful companies. Systems can make or break a company but here we’ll solve physical, technological, and psychological systems issues by connecting listeners with experts who have overcome these challenges in their business.
Gary Bizzo is an expert in business. He has been a mentor for 1,000+ business entrepreneurs and in 2013 authored his book “How to Start a Successful Business – The First Time.” He founded his company, Kickstart Business Catalyst, to help young entrepreneurs incubate and accelerate their businesses.
“I’ve been involved with startups probably since 2000, so it’s been quite the ride,” Bizzo said.
Bizzo talked to SE about his business strategy execution, and says execution is all based on results. He was advised by a friend that a business will grow and succeed if you plan and place systems with the mindset that your business will be big.
Bizzo says he chose business strategy execution as his area of focus because it is at the core of the company and drives sales. He has eight partners in the company, and they had to come up with a system to be on the same page.
“Everything has to be very concise, and since we’re working with finance, there’s a lot of securities, requirements, legal, so it took us about a month and a half just to come up with the folders,” he said. “It sounds crazy, but everything has to be very succinct and planned to a point where you’re not wasting any time and everybody’s on the same page.”
To keep up with the chaotic demands, Bizzo and his partners came up with a simple seven-folder system. The files are broadly defined, such as “HR,” or “Finance,” but Bizzo says it’s kept all of them on the same page.
Each (digital) folder includes an Excel sheet with a breakdown of tasks and deadlines. The team reviews the tasks through bi-weekly Skype meetings.
Still to be figured out is a better calendar scheduling tool. Google Calendars works for them at the moment, Bizzo says, but he hopes to find something better.
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