579: This One Idea Will Make Your Business Scalable

Do you want to build a business that you can double, triple, or even quadruple in size?

 

In a word, do you want to make your business scalable?

 

I am going to share with you where this idea came from. Hint: it’s not mine; it’s actually something that Bezos requires all of his executives to learn.

 

In this episode we will cover:

1. The Theory of Constraints;
2. 3 Examples of Constraints in brokers businesses; and
3. The Finger Snap Question

 

The Goal: A Process of Ongoing Improvement by Eliyahu Goldratt

 

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I Love Mortgage Brokering: ilovemortgagebrokering.com

Find out more about BRX Mortgage: www.whybrx.com

 

I Love Mortgage Brokering is brought to you by Finmo. 

To learn more, visit: www.finmo.ca/ilmb 

 

In this episode, I dive into strategies for identifying and eliminating business constraints to achieve growth. Drawing inspiration from Jeff Bezos and Eliyahu Goldratt’s book, “The Goal,” I share practical advice for mortgage professionals on streamlining operations and enhancing workflow efficiency. Hear real-life examples from top mortgage brokers and discover actionable steps to tackle issues like underperforming staff, inefficient processes and poor time management.

 

In this episode, we will cover: 

• Importance of pinpointing constraints in your business operations.
• Insights from Jeff Bezos and the book, “The Goal” by Eliyahu Goldratt.
• Practical methods to address and eliminate identified constraints.
• Real world tactics for improving workflow efficiency.
• Compelling stories from high performing mortgage brokers who overcame their unique challenges.
• Example of Dion, who optimized his file submission process to lenders.
• Development of tailored action plans to reduce stress and foster sustainable business growth. 
• How treating your mortgage process like a factory line can enhance workflow.
• Asking the right questions to uncover business constraints.
• Strategies for training staff and maintaining consistent prospecting efforts.