top of page
XCEL Xcelerate Badge™
The XCEL Xcelerate Badge™ was created to help entrepreneurs take their business to the next level of performance. The coaching exercises in this series are designed to transform your business into a scalable organization through differentiation, elimination of key dependencies, financial fitness, and innovative business models.
Fit-To-Grow
One of the first steps to perform before expanding your business is to make sure you have enough cash to play. Many small businesses out grow their cash because they never took the time to establish effective working capital management. As a result they run out of cash just when they need it the most. Like an athlete preparing for a competition, the savvy business owner should make sure their organization is financially fit before beginning a new growth initative.
Diversify
Many small businesses have dependencies they must deal with. Whether this is a customer or sales person that is responsible for key sales; a vendor that exerts control over your supply chain; or even the business owner themselves, who dominate the decision making process--all are risks that can be exposed while trying to expand your business. A growth initiative is an excellent opportunity to diversify away from these risks.
Differentiate
Once sales of your existing products and services begins to plateau, it is time to consider new alternatives. It is important that you consider all your options and weigh the highest potential opportunities against their associated risk and investment.
Scale Up
In the Differentiation module, growth opportunities are identified and ranked based on potential and risk. In the Scale Up module we will further evaluate these opportunities based on their ability to scale.
Innovate
Up to this point, the modules in the practice area have focused on existing and adjacent products, services, markets, and customers. The Innovation module focuses on utilizing a different business model as a way to expand and optimize your business for the long term.
Satisfaction Guarantee
Each coaching session is guaranteed - if you feel the time we spend together does not create value you will not pay.
bottom of page