Welcome to the third issue of the Business Building series, where we'll continue diving deeper into the world of CEO business coaching and introduce Verne Harnish's Scaling Up Method.

This method is based on the principles and strategies used by John D. Rockefeller and other successful business leaders. It is focused on scaling up businesses, and claims to double cash flow, triple profitability, and 10X valuation.

Estimated read time: 3 minutes

What is unique with Verne?

This method works well for all industries and all sizes of businesses; it focuses on scaling them up in the same way that Rockefeller did.

Verne's book contains dozens of stories about how his method has been used to scale businesses across industries.

It has a special focus on strategy that no other method has, introducing four tools for that, while others cover it briefly and focus on execution.

He also provides options for tools to use based on the size of your business and ideas based on how fast you are scaling.

While Mochary uses the OKR (Objectives and Key Results) system, Verne uses a simpler system that Gino also adopts in his EOS method; it is a system that is based on:

1- Setting the critical number, i.e., what moves the needle

2- 3-5 rocks that support the critical number ranked for the quarter

3- A quarterly theme and celebration/reward to the employees who bring the critical number to life

4- An emphasis on posting the critical number to the whole company so that employees are aware of the progress towards it every week

Additionally, the forms used in the scaling-up method are accessible using a form where you get the links sent via email.

Here is a link to the forms.

The Scaling Up Method is divided into four components:

The scaling-up method is divided into four components: drivers, demands, disciplines, and decisions, referred to as the "4D Framework." The 4D framework is designed to help companies achieve and maintain strategic and scalable growth.

TLDR

In the third issue of the business building series, we shed some light on the Scaling Up Method, a business coaching method developed by Verne Harnish.

It's unique in that it extracts the secret scaling formula of the Rockefeller Habits, which can be applied to all industries and all sizes of companies. It focuses on strategy and provides options for the tools to use based on the size of the business and the growth rate.

In the next issue, we'll dive into the EOS method. Stay tuned for more insights on how to navigate the world of CEO business coaching.

If you found this issue useful, share it with your fellow business owners and invite them to subscribe to the business builder.

Download your FREE eBook

If you want to learn more about building a successful business, be sure to check out my free ebook on the topic, available now on my website: luqmanshantal.com

Hit reply and let me know!

- Luqman