Having access to privileged information, even for free, where we can learn for our personal and professional growth, as well as for our business initiatives.
The cases from Shark Tank series in the US, UK, Mexico, Colombia, etc., on YouTube, as well as thousands of websites and even ChatGPT to help classify types of businesses or propose a disruptive model for 2030, offer invaluable access to information.
In the context of this week’s events, from BYD becoming the world’s largest electric vehicle company to the international ransomware hack affecting over 500,000 businesses, as well as the OECD’s global growth forecast of 2.4%, the question arises: What type of businesses should we collaborate with or seek partnerships with? What business units can we bet on to sell or invest in high-growth companies? The financial strategy in a digital context is very different during a recessionary period than during an expansive one.
In this session, we covered the different business valuation methods so you can defend yourself when you go to Shark Tank or look for alliances among your Shareholders (internal stakeholders: Shareholders, Suppliers, Employees). Valuations aren’t only for buying a company; they’re also for adding internal allies. Moreover, they allow us to present with clarity the numbers and value of initiatives when pitching to Stakeholders (Clients, Governments, Universities, etc.).
I’m sharing the summary of this topic in this brief video and the template that is part of the Growth Strategy System.
Next Friday, we will continue with Module 2 on Financial Strategy, where we will dive deeper into evaluating investment projects. I’ve asked the executives who are part of the online sessions every Friday to review various businesses owned by public figures and sports celebrities in order to run simulations on how they invest. I can share in advance that we’ll be reviewing how the English rock band Coldplay makes money and where they invest. We will also look at Cristiano Ronaldo, Thalía, and boxer Canelo Álvarez, among others. We’ll learn how, in the “Montessori School of Playing and Learning,” we evaluate Investment Projects so that you feel comfortable arguing and projecting the P&L.
Finally, I invite those who want to join the “Growth Strategy Fridays”, which are 2-hour online workshops held every week from 8:00 to 10:00 AM Chicago/CDMX time. These workshops cover corporate growth strategy topics through an annual program that reviews methodologies and case studies of the most iconic brands in the world.