Ep 399 - The 5 Ps of Business (Promise, Product, Process, People, Profit) With Pete Mohr
August 14, 2023
The Simplifying Entrepreneurship podcast, hosted by Kim Thompson-Pinder and Peter Mohr, offers valuable strategies and insights to help entrepreneurs transform their frustrations into freedoms. Through the framework of the 5 P's of Business - Purpose, People, Processes, Profit, and Performance - they provide practical advice for running a successful and fulfilling business. They emphasize the importance of aligning business goals with personal goals and creating a turnkey business that supports one's dreams and allows for a better work-life balance. The podcast covers various topics, including goal setting, planning, team involvement, process improvement, and maximizing profitability. With a focus on empowering business owners, Simplifying Entrepreneurship provides resources, tools, and assessments to help entrepreneurs take control of their businesses and create a plan that aligns with their personal aspirations.
Description:
The Simplifying Entrepreneurship podcast, hosted by Kim Thompson-Pinder and Peter Mohr, offers valuable strategies and insights to help entrepreneurs transform their frustrations into freedoms. Through the framework of the 5 P's of Business - Purpose, People, Processes, Profit, and Performance - they provide practical advice for running a successful and fulfilling business. They emphasize the importance of aligning business goals with personal goals and creating a turnkey business that supports one's dreams and allows for a better work-life balance. The podcast covers various topics, including goal setting, planning, team involvement, process improvement, and maximizing profitability. With a focus on empowering business owners, Simplifying Entrepreneurship provides resources, tools, and assessments to help entrepreneurs take control of their businesses and create a plan that aligns with their personal aspirations.
Episode Outline:
(00:00:00) The 5 P's of Business
Episode Outline:
(00:00:00) The 5 P's of Business
(00:06:15) The Importance of Aligning Business Goals
(00:11:19) The Promise of Freedom
(00:16:34) Importance of Aligning Products, Processes, and
People
People
(00:21:52) The Importance of People in Business
(00:27:11) Maximizing Profit through Process Improvement
(00:32:24) Simplifying Entrepreneurship
Pete helps entrepreneurs transform their frustrations into freedoms by using a variety of frameworks that help them cut through the chaos and overwhelm of running a business. With over 27 years as a business owner, he's refined many of his tips, tools, and techniques in the trenches within his own businesses.
Pete started coaching others in business because of his belief that, ‘You own your business; it shouldn't own you’.
It's time to start using frameworks that allow you to have a turnkey business so hat you can live the life you deserve!
Pete helps entrepreneurs transform their frustrations into freedoms by using a variety of frameworks that help them cut through the chaos and overwhelm of running a business. With over 27 years as a business owner, he's refined many of his tips, tools, and techniques in the trenches within his own businesses.
Pete started coaching others in business because of his belief that, ‘You own your business; it shouldn't own you’.
It's time to start using frameworks that allow you to have a turnkey business so hat you can live the life you deserve!
Go to my website and click "Take the Assessment" to see How Healthy Your Business Is!