Wim GE De Vos

Small businesses with a BIG impact

Why start a business?

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inspirational-smll-business-quotes

Why start a business?

Simple question, so let´s look for a simple answer.

You want to

  1. make lots of money 💵
  2. be free and work less 🏄‍♂️
  3. have impact 💥

Pick one and organise your business in accordance.

Brutally. No compromise.

You have to pick one – the others will be a consequence of your choice.

And then when you succeed you will become either:

  1. rich
  2. free
  3. change agent

My take: choose impact 💥 and have a shot at being all 3…

Closing with this video, a Pearl of Wisdom from Apple´s history:

Here’s to the crazy ones, the misfits, the rebels, the troublemakers, the round pegs in the square holes… the ones who see things differently — they’re not fond of rules… You can quote them, disagree with them, glorify or vilify them, but the only thing you can’t do is ignore them because they change things… they push the human race forward, and while some may see them as the crazy ones, we see genius, because the ones who are crazy enough to think that they can change the world, are the ones who do.

S. Jobs (1955-2011)

Thunder Lizard - IMPACT, this is why we play
Impact, this is why we play

the domino effect 🁳

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ICE Cinema “sherlock”

Let me start todays post with the answer first: The Domino Effect. 🁉

And now the 3 questions to which the domino effect is the answer…

Why do some simple habits trigger other more powerful ones?

The domino effect proves it is within your power to spark a chain reaction of good habits by building new behaviours that naturally lead to the next successful action. There is an astounding interconnectedness between the systems of life and human behaviour is no exception.

The inherent relatedness of things is a core reason why choices in one area of life can lead to surprising results in other areas, regardless of the plans you make.

Why do I blog?

When a friend of mine asked why I started blogging daily I explained: the domino effect it has on how I live my day.

By blogging daily I am creating a self-discipline and consistency around daily learning moments. I start from the premise there must be something interesting to learn and share every day.

So I created a habit of reading, observing and analysing at least 1 thing every day that is worth learning. So I keep my mind and eyes wide open so I am more aware and conscious for this daily learning moment.

And then I write it down and share it publicly. This implies I have to think the learning moment through and structure it into small understandable tasty pieces 🍕.

How do you create a successful channel business?

An example. Today I spent half a day with Mr S., a new sales partner for ICE cinema (one of the cool ventures I am deeply involved with – mixed reality spaces etc…).

I passionately explained everything I know on the subject. Transmitted not just my knowledge on the product but also on the market, clients and logic behind why people an ICE cinema.

While I share my passion for how an ICE cinema really delivers on the promise of the suspension of disbelief and how it becomes the families favourite room in the house I am actually applying the power of the domino effect. I am helping to create yet another domino that will have a positive effect. Another small business that will have a BIG impact.

That is how you build a successful channel business. One domino at a time.

✌🏼 out. W

 

 

Unlimited bowling 🎳

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unlimited bowling
unlimited bowling

Just turned 45 and so reviewed my score in the small business unlimited bowling 🎳 league.

  • I set up businesses that i ran
  • I set up businesses that i did not run
  • I ran businesses that i did not set up
1 went bust
2 I exited and doing well
2 I exited with a nice profit
2 where I am an active investor. Enjoying the solid returns until I can exit.
2 are in start up phase and looking promising
2 are knocking it out of the park and starting to scale
3 in embryonic phase putting the pieces together
🎳
I will keep doing unlimited bowling, and practice various shots. Get better every few games. Work on the risky splits.
🎳
And above all bowl without remorse…

7 Questions to assess your business model

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To make sure you are going somewhere, you better start by knowing where you are.

In order to look at your business from all sides and then map where you are I strongly recommend to use the following checklist. It can be a harsh confrontation but truth brings insight if you face it head on.

This insight will help you to move beyond mere differentiation of products or services and craft superior business models instead. Just having a product or a service people want is simply not enough anymore.

Great value propositions need to be embedded in great business models. Start building yours today.

Growth strategy 2019 – Genesis, home technology architects

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write it down
on Wall street – watching the craze

For us at Genesis wanting to make an impact implies growth 🚀. And growth has many dimensions. Continuous learning, improvements, more resources, more responsibilities for stakeholders,…

And being serious about growth means to have a plan for growth. Such a plan needs to be written down, shared, discussed, reviewed and adapted as we progress along our journey.

As an exercise in transparency and example here you have Genesis Technologies operational growth plan for 2019. It has 4 pillars and they come in order of priority.

Grow Market Share

  • WOW our customer. We focus on simplifying matters and exceptional service to do so. You can see us apply #theARTof SIMPLE and #makeWOWthestandard every day.
  • Share the experience of what can be. Everyone passing by our VIPLounges gets a taste of what is possible in homes of today and tomorrow. From end-clients over to the FEDEX guy.
  • System design service. We compile knowledge and standardise best practices in designing world class systems. Only to share this again with our partners and guarantee superior systems to home owners.

Make our Partners Stronger

  • Training and support mechanisms. As we continue to build our knowledge and training resources our partners will benefit daily in delivering better systems and serving their clients.
  • Toolbox for success. Our PartnerZone platform is growing in terms of tools and features to make our partners more successful in their own business.
  • Marketing and sales. Genesis Technologies partners get free access to the VIPlounges.club network and benefits. This helps them sell more and better solutions.

Expand share of Project

  • Audio and Video. Has always been our passion and this is where we started out. Music is our religion and cinemas where we go to church…
  • Control and Comfort. Since a few years we have successfully added home control of AV, light, comfort,… to our portfolio.
  • Networked infrastructure. The true foundation of technology in the home. Control systems, AV distribution over IP, wireless. Everything has become network centric.
  • KNX lighting control. Light is the next frontier for us. We have a laser-focussed approach in this competitive market.

Develop new partners and channels

  • AV and CI expert installers. This is the market we all come from and believe in long term. Every day we still onboard new partners to grow together. Especially in larger markets like France and Italy.
  • KNX and HVAC engineering companies. Companies with a strong engineering foundation that offer complete solutions. All wanting to differentiate from electricians and retail electronic outlets.

So now 3 things can happen…

First, that our clients and suppliers perfectly understand why we do what we do every day of 2018. Second, that internally we as a team are focussed on executing our growth plan. Thirdly, that the competition will copy or sabotage us.

I´ll take my chances and will keep you informed on all 3 accounts 🏄‍♂️.

May the Force be with you.