How to Decide Which Problem to Fix First

0:00All right. So, if the value acceleration method is a checklist of what to do, what's the checklist to decide how many things to do at one time? Cuz like I'm I'm itching to go. I'm like ready to I'm chomping at the bit over >> So, you have to prioritize. >> I don't want to do everything and then fail. >> Yeah, don't. Yeah, prioritize. So, this is why like hopefully hopefully a big big disclaimer is Vegas flashing lights.

0:25That took years. So, you're not going to do these in 6 weeks or even 6 months. It takes time to do that. Like even the first one for revenue, it's like all right, well, we're at 3 million. To make this a sellable enterprise, we probably have to hit at least 10, depending on your margins, maybe 20. Um and you're in government contracting, though. Yeah, yeah. Well, you you have decent size. I mean, do you want to sell the company? What do you want to do? >> Oh, yeah. Oh, yeah. >> Okay. Well, I mean, you're you're probably close to sellable right now. >> Yeah.

0:52>> Um >> We're [clears throat] getting offers already. >> Yeah, so yeah, I mean, you have a you have but you could just juice the hell out of the offers by looking at which of these risk factors are the ones that I'm getting discounts on. So, fun fun fun side benefit of if you ever go to market or just entertain some of these offers, it's just free business consulting. All the people will tell you all the things that are wrong with your business, then you'll be like, cool. >> Okay. >> I'll go fix that and then come back. >> Awesome. >> Yeah. But no, I think you're you're already on the right path. Just pick the one that's the easiest to do that gets you the most. Like fundamentally, this is the orientation of what's my return on on resources. Right? Okay, well, this one, if we fix this one problem, it adds two to our multiple.

1:30Okay, how much does it cost us in time and effort? It'll take us 9 months. Okay, that means that at our current EBITDA five, it's worth $10 million for me to solve this problem in 9 months. Can I allocate less than $10 million in order to solve it? Probably. And you just do that. >> Awesome. Thanks. >> Yeah, you bet. Okay, if you like this video and you're business owner who wants to break through your current revenue ceiling, I distilled every lesson from scaling 10 businesses past 10 million and three businesses past 100 million into completely free scaling road map that I've used to go from zero to one, zero to 10, and zero to 100 plus. And so, you can click here and you can check it out. Again, absolutely free. And since you're a business owner, appreciate you, and enjoy.