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Planning for growth
Or how to build growth into your business from the ground up
#GrowBrisbane #UBGM16
By: Daniel E. Smith
Program
5 Keys to growth
Establish the baseline
Understand the journey
Formulate Ideas
Test, Test, Test
Analyse results
#GrowBrisbane #UBGM16
5 Keys to growth
#GrowBrisbane #UBGM16
1.Crystal clear purpose
#GrowBrisbane #UBGM16
2.Crystal clear niche
#GrowBrisbane #UBGM16
SEARCH
#GrowBrisbane #UBGM16
CONSUMER
ELECTRONICS
#GrowBrisbane #UBGM16
?????
#GrowBrisbane #UBGM16
3.Ideal customer persona
#GrowBrisbane #UBGM16
#GrowBrisbane #UBGM16
4.Valuable proposition
#GrowBrisbane #UBGM16
MOST RELEVANT
ANSWERS
#GrowBrisbane #UBGM16
MOST
INNOVATIVE
PRODUCTS
#GrowBrisbane #UBGM16
5.Impossible goal
#GrowBrisbane #UBGM16
INDEX THE
WORLD’S INFO
IN 100 YEARS
#GrowBrisbane #UBGM16
Establish the baseline
#GrowBrisbane #UBGM16
Growth = Have - Had
Defined period of time
#GrowBrisbane #UBGM16
What can you measure to see
progress toward your goal?
#GrowBrisbane #UBGM16
How much do you have now?
#GrowBrisbane #UBGM16
#GrowBrisbane #UBGM16
Had
Period of time
Have
+ Growth
- Growth
Have
Understand the journey
#GrowBrisbane #UBGM16
Levers
Acquisition
Activation
Revenue
Referral
Retention
#GrowBrisbane #UBGM16
Acquisition
#GrowBrisbane #UBGM16
Discovery and exploration of your product/service
Activation
#GrowBrisbane #UBGM16
Conversion and experience
Revenue
#GrowBrisbane #UBGM16
How do you get paid, how easy is it to pay
Referrals
#GrowBrisbane #UBGM16
Shareability of your product/service
Retention
#GrowBrisbane #UBGM16
Opportunities for repeat business
Formulate ideas
#GrowBrisbane #UBGM16
Growth is a team sport
#GrowBrisbane #UBGM16
How can your team contribute
their growth ideas?
#GrowBrisbane #UBGM16
#GrowBrisbane #UBGM16
I.C.E. Scores
#GrowBrisbane #UBGM16
Impact, Confidence, Ease
#GrowBrisbane #UBGM16
I + C + E / 3 = Score
#GrowBrisbane #UBGM16
5 + 3 + 4 / 3 = ICE Score 4
#GrowBrisbane #UBGM16
1 = Bad 10 = Do it right now, don’t wait
Test, Test, Test
#GrowBrisbane #UBGM16
Fastest growing companies test
#GrowBrisbane #UBGM16
At least three experiments / week
#GrowBrisbane #UBGM16
Choose growth lever
#GrowBrisbane #UBGM16
Test the highest scoring ideas
#GrowBrisbane #UBGM16
Monitor the progress continually
#GrowBrisbane #UBGM16
Analyse
#GrowBrisbane #UBGM16
What worked? What didn’t?
#GrowBrisbane #UBGM16
Why?
#GrowBrisbane #UBGM16
What can you learn?
#GrowBrisbane #UBGM16
In the real world
#GrowBrisbane #UBGM16
#GrowBrisbane #UBGM16
IMPLEMENTED DECERRS
#GrowBrisbane #UBGM16
IMPLEMENTED DECERRS
#GrowBrisbane #UBGM16
#GrowBrisbane #UBGM16
IMPLEMENTED DECERRS
#GrowBrisbane #UBGM16
IMPLEMENTED DECERRS
#GrowBrisbane #UBGM16
IMPLEMENTED DECERRS
#GrowBrisbane #UBGM16
/savvysuecooper
/sue.z.cooper
/GrowthHackerAU
/GrowthHackerAU
@GrowthHackerAU
DanielE.Smith
SueCooper

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