Strategic Leaders Can Learn from Shark Tank 6-6-18

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Strategic Leaders Can Learn from Shark Tank 6-6-18

What Strategic Leaders Can Learn from Shark Tank ASCENSIONSTRATEGY.COM Driving consistent growth in competitive markets requires asking tough questions about your business ASCENSIONSTRATEGY.COM No one knows more about asking tough, objective questions than the Shark Tank panelists ASCENSIONSTRATEGY.COM The hit program premiered on ABC in 2009 and just entered its 10th season ASCENSIONSTRATEGY.COM It features aspiring entrepreneurs pitching business ideas and seeking funding from a panel of Shark investors ASCENSIONSTRATEGY.COM The current 5 Shark Tank panelists have a collective net worth of almost $5.0 billion ASCENSIONSTRATEGY.COM If you watch the program you’ll note the Sharks typically ask highly strategic questions about each business they evaluate ASCENSIONSTRATEGY.COM Strategic leaders could learn from the Sharks and should consider asking some of the following questions about their own businesses ASCENSIONSTRATEGY.COM #1 What has the top line revenue performance been for the business since inception? #2 What is the profile of your target customer? #3 What is the cost to acquire a new customer? #4 What is your split between repeat and new customers each year? #5 What is your plan to add vitality and interest in your product line going forward? #6 Where do you see exploitable “gaps” in the marketplace that your business can fill? #7 What does your sales process look like today… and could it be improved? #8 How will you improve your profit margins going forward without losing customers? Ascension provides strategic and tactical support to sharpen marketing + sales activities to accelerate revenue growth ASCENSIONSTRATEGY.COM Ascension Jump Start℠ is a focused data + insight driven approach to improved business performance ASCENSIONSTRATEGY.COM Thank You! For more information on how Ascension can help your organization contact Craig Apatov, Managing Partner at [email protected] or call 404-250-4547 ASCENSIONSTRATEGY.COM.

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