
Entrepreneurs and HTG
HTG Established Process
Entrepreneurs need a tried-and-true process, tailored to your goals and timeline, with regular evaluation and update.
What you’ve built is ready for the next chapter in your journey from “entrepreneur” to “enterprise”.
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You have unique goals!
A temptation exists to assume everyone’s goals are similar — grow and maximize value, expand into profitable lines, buy companies, etc.
That may not be what you’re hoping to accomplish. You might be looking to add more family time. You may actually want to downsize. Maybe you want to put the 80/20 rule into effect.
Whatever your ambition, you need listeners who are seeking to understand and document what YOUR desires are.
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You’ll need honest conversations and assessment to identify and evaluate obstacles facing your organization.
Perhaps supply chain issues are complicating your business.
Are you the only leader? What if something happens to you?
You may be feeling the effects of inflationary pressures on your cost and profit margins.
Or maybe your product is riding a roller coaster in a volatile industry.
You can lean on HTG to discuss the challenges that are affecting your organization. You might be surprised how many opportunities arise just from participating in open and challenging conversation.
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You have identified obstacles. Now transform them in to opportunities.
If you’re having supply chain issues, maybe we need to prepare for critical conversations with suppliers, explore other suppliers or even look at potential expansion alternatives.
Has your product found its way into a volatile industry? Opportunity rises in the form of diversification: what other industries can you expand into?
You can uncover an array of opportunities as you utilize HTG’s experience and innovative solution style.
And we’ll be with you the entire way.
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Let’s develop your action plan and timeline and get to work!
We will help you list and prioritize 3 opportunities. Then we’ll agree on your approach: Am I going to implement 1, 2, or all 3? Do they happen successively or do some strategies need to happen simultaneously?
HTG helps you identify each step and will work with you to determine your best application.
Your situation may call for a nuanced approach, and HTG will be there to guide you through it.
Next, we move to action items. In our example, maybe contact the supplier and seek your answer through existing relationships.
-Can we agree to an annual contract to increase our priority?
-Do we need to expand into the supplier space?
>Partner
>Purchase-Logistics of critical conversatons — Zoom, phone, face-to-face location.
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Are we on the right track?
At this point, we’ll revisit your original objective and timeframe in order to establish progression objectives and identify milestones along the way that will show us whether we are moving at the right pace to meet your goals.
As we progress, we may need to make changes to implementation in order to stay on track.
At the final milestone, did we succeed or fail? Can we put this to bed, or do we need to reevaluate next steps and set new goals?
Maybe we need to explore some of the opportunities that weren’t initially included, such as logistical changes or even strategic alliances.
We’ve accomplished what we set out to do. What’s next?
Your organization is always on the move, and HTG is here to help you plan for your success.