Worried about a recession in 2023? π
Worried about a recession in 2023? π
Buy yourself a copy of this book.
An inspirational but extremely practical guide to growing a business that can thrive in any market.
5 lessons I took from the Flight Centre story:
1οΈβ£ Give employees the chance to buy-in and share the profits - βBusiness Ownership Schemeβ.
2οΈβ£ Organise people in to families (3-7), villages (3-5 teams), and tribes (25 teams). This structure improves culture, visibility and accountability.
3οΈβ£ Recessions are a fantastic time to grow a business - IF you have the right mindset.
4οΈβ£ Internal services (I.T., accounting) can run as profitable commercial entities, not just loss makers.
5οΈβ£ Failures (like an $80m software project) are just part of the journey.
Iβm curious, have you read this book?
What have you been reading lately?