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Strategy For Scaling in Business
by Alvin Poh
Category: Business . Entrepreneurship
Course length: 11 video lessons, 2h 38m
Audio: English Subtitle: English
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About Your Instructor
Alvin Poh is a Singaporean entrepreneur, angel investor, philanthropist, and self-made tech millionaire. He is best known for co-founding Vodien Internet Solutions, growing it to be the largest hosting company in Singapore—which he eventually sold to Dreamscape Networks for SGD30 million, merging with the Australian Stock Exchange listed company in July 2017. Today, the Singapore Management Alumni wants to pay it forward, with hopes of inspiring and guiding the next generation of entrepreneurs through hard earned lessons so that they can effectively surpass the challenges for scaling up businesses.
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Lesson Plan
Lesson 1: Finding Your Purpose
Meet your instructor: best known for co-founding the largest hosting provider in Singapore and self-made millionaire, Alvin Poh. Alvin opens with his early experiences that shaped his entrepreneurship journey, and explains how he came about to finding his true purpose.
Lesson 2: The Roadmap to $30 million
Started from the bottom, Alvin talks about the painstaking years of trial-and-error lessons, distractions, and focus that eventually led him to turnaround his business—which he sold for $30 million at just the age of 33.
Lesson 3: Why Entrepreneurs Fail
Scaling is hard. Here’s how Alvin did it. Alvin draws on his experience to discuss 7 critical reasons as to why most entrepreneurs fail, unknowingly self-sabotaging and hurting their business.
Lesson 4: Building a Business in Scale Mode
Alvin outlines the relevance of a sellable business and defines what scaling is—and what it is not. He cautions entrepreneurs of the burnt out when driving growth instead of scale.
Lesson 5: Systemise to Monetise With Ease
In this lesson, find out if your business has the capacity to scale. Learn how to replicate Alvin’s systems and infrastructure so as to increase the productivity and efficiency of your business.
Lesson 6: Leading When Scaling
Alvin introduces the distinctive CEO mindset, which he uses to guide many of his decisions in scaling his business. He believes entrepreneurs of small businesses remain stuck because they often get in their own way.
Lesson 7: How to Identify & Remove Bottlenecks
If your business is not operating at its full capacity to maximise performance, Alvin believes that you have not identified what is hindering growth Here, he shares his framework for overcoming these issues to scale faster.
Lesson 8: Envision What The Future Looks Like
The path to scale is often filled with confusion and self-doubt. In the early days, this was no different for Alvin. He later describes how he validates his business vision, which quickly became the spark for his success.
Lesson 9: Translate Your Vision into Reality
Great businesses have great leaders. Behind the success is how Alvin sets the tone and rallies his team with a compelling vision. The end result is that everyone works towards a common goal with passion and purpose.
Lesson 10: Create a Hiring Machine
Alvin opens up about fostering a company identity and culture. He describes his hiring philosophy to retain and attract the right talents who will help take your business to the next level.
Lesson 11: Build Engaged, High-Performing Teams
Now that you assembled your team, but how do you get the most out of them? Alvin shares three areas to take note if you want to get things done and running at a high standard—without micro-managing all the time.