Many businesspeople find it challenging to grow their businesses because they get so busy with the day-to-day functioning. In the course titled, “Busyness Hai Business Growth ka Dushman – Janiye Kaise?” (Busyness is the Enemy of Business Growth – Learn How?) Bada Business Professor Paritosh Sharma talks about what strategies entrepreneurs can implement in order to shift out of the day-to-day mundane tasks, and develop long-term growth strategies. The course explores a variety of different approaches such as designing a scalable business system, creating available time, and using efficient tools of management to grow. So, to assist entrepreneurs in shifting from busyness to business, let’s summarize the most important takeaways from the course.

 How to Build a Repeatable Business Model

In the course’s sessions, one of the core lessons is about the repeatable business model, a business plan that revolves around systemization. Your business alone will not drive growth; with scalability in mind, it needs to be built around a systematic process. If you own a single outlet to a small business, your prospects for growth are limited unless you are willing to expand to more locations.

To put it in simple terms, you have to construct a sophisticated business plan that is flexible enough to cater for expansion activities. The products or services you offer in the market does not matter, what matters is how structured the business processes and steps are designed to facilitate duplication without significantly increasing the costs of doing so. It is worth mentioning that having a repeatable business model in place makes an integral part of business strategy and opens up the doors to greater online and offline customer engagement.

 Unlocking Time for Business Growth

From this lesson, another important tip is unlocking your time. In the case study of Mr. Sanjeev Bikhchandani; the founder and CEO of Naukri.com, his strategic decision to step away from the daily business operations helped him focus on and pursue other opportunities. When Mr. Hitesh Oberoi was appointed as the CEO, Bikhchandani was able to invest his time into other businesses like Zomato.com.

The lesson here is pretty evident. Business owners tend to get caught in all minute details which makes it hard for them to focus on higer-level opportunities. By unlocking your time, you can invest in new business plans, nurture innovation, and expand your online presence. Spending money may hurt, but investing using tech such as Zoom for meetings or simply delegating tasks to your team will result in you reaping the benefits. Effective time management ensures that your business propels to greater heights.

 Smart Tools for Business Expansion

According to Prof. Paritosh Sharma, using certain services can help optimize your business processes. An example that some business owners might find useful is Zoom for video calls. For those companies that have troubles expanding due to cumbersome business processes, the adoption of Zoom as an online tool could significantly enhance communication, boost productivity, and minimize the expenses inflicted by travel and physically attending meetings.

Using these tools seem to be essential to promoting managerial proficiency and making sure that time spent on meetings and calls does not obstruct the overall progress a business is trying to achieve.

 Urgent-Important Matrix for Better Decision Making

Business owners tend to have a hard time picking the decision that’s best suited for them and their business in a given time frame and that’s where they make mistakes. In the course, Prof. Sharma covers the Urgent-Important Matrix, an advanced upper-level thinking strategy that indicates how to define tasks in order of its urgency and importance. This tool is meant to assist business owners by allowing them to concentrate on the most pressing matters while respectively delegating or postponing less urgent matters helping them be the best version of themselves.

Grasping the Urgent-Important Matrix allows for the effective management of time, narrowing in on areas that require resources. This strategic blueprint is able to assist you in discerning whether a task needs immediate attention or can either be postponed or assigned to a subordinate, elevating the quality of service and management received.

 Recruiting Intelligent People for Business Expansion

A business owner should not be putting in $18 hour days, and should instead be focusing on effectively growing and managing the company. According to Prof. Sharma, entrepreneurs must seek to hire smart people who would run the business operations and, in turn, help the owner focus on expansion plans.

The example with Sanjeev Bikhchandani bringing on Mr. Hitesh Oberoi to take charge of the daily autoruns at Naukri.com serves to show how having a strong management team in place stores time and sustains growth. Spending time and energy to recruit the right people is what will pay dividends in the long run for your business. With this decision, you can graduate away from being self employed and move into the position of a strategic leader of the business creating new opportunities.

 From Busyness to Business: The Path Forward

Staying on top of your daily tasks can hinder your business growth potential. Throughout the course, Prof. Sharma stresses the idea of Focusing More On Strategy And Less On Daily Operations. This implies that you should focus more on strategy and less on operations entire business unit.

With solid business models in place, effective optimization with time management and smart hiring of competent individuals, a business can be set up that runs like a well oiled machine with little supervision. This, in turn, will enable you to shift your focus to offline and online business growth strategies.

 Conclusion:

Design Intelligent Approaches to Drive Growth

To sum up, growing your business takes form with a detailed plan that aims towards developing systems that are repeatable, freeing up your time, and including the appropriate management tools. The utilization of the lessons learned from Prof. Paritosh Sharma’s course can help you escape the busy work trap that so many people fall into creating a model that can grow sustainably. From running a small retail store to increasing your online business, these approaches will help you create a self-sustaining, high-performing business. Start implementing these principles now and shape the future of your business!

Categories: Busyness To Business