Toilet Paper Entrepreneurs: The “Three Sheet” Strategy
If you’ve ever been in a restroom and the toilet paper is low, say only 3 sheets left, what do you do? You panic, you begin to search, you begin to gather bits and pieces in an attempt to build upon – basically, you do whatever it takes.
Many entrepreneurs can relate to this because the manner in which they’ve built their business has been much the same as the example above. Thus, giving birth to the “Toilet Paper Entrepreneur.”
Michael Michalowicz, author of Toilet Paper Entrepreneur, along with host, Anita Campbell and special co-host Ivana Taylor, walk you through the 3 sheet strategy that youâll need to make every year a banner year, regardless of the current economy.
Join the ranks of the Toilet Paper Entrepreneurs! Here’s a brief overview of Michael’s 3 Sheet Strategy:
- Prosperity Plan — This is your vision, your final destination that you’d like to see your business reach. Write it down and spell it out.
- Quarterly Plan — This is where you need to consider all the variables that will be obstacles along the way. Every 90 days realign your company and figure out how to maximize these obstacles to continue to push forward and make your adjustments accordingly.
- Daily Metrics — This is where you check and then recheck specific numbers to measure the day to day “health” of your business and stay alert for potential problems that may be on the rise.
Ready to learn more about the 3 sheet strategy for becoming a bonafide “Toilet Paper Entrepreneur?” Listen to Michael’s full interview by clicking the red and yellow player below now.
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January 21st, 2009 at 7:22 am
Toilet Paper has become very interesting symbol in business. Thanks to you Michael. I would like to ask, what more specific steps we can do with the 3rd sheet – Daily Metrics?
Thanks!
January 21st, 2009 at 8:14 am
I will read this book sometime in the future. I look forward to listen to the interview.
January 22nd, 2009 at 1:58 am
You can save it in your mp3 player or ipod, Martin. You can download it’s mp3 version. I really love this feature.
January 22nd, 2009 at 10:43 pm
Michael, I just remembered this post is perfect for my small business goal blog. đ
January 23rd, 2009 at 6:49 am
Yes, it is a nice feature. I have to get a new MP3 player in the near future.
February 7th, 2009 at 5:26 pm
Thanks for posting such a wonderful interview. I heard Michael on another podcast yesterday and have fallen in love with his message. As soon as I finish listening to this podcast, I’m headed downtown to buy the book tonight! This information is fantastic and there’s no time to waste in applying it to my business.
September 21st, 2009 at 3:30 pm
[…] I recommend are of Birthing the Elephant author Karin Abarbanel, Toilet Paper Entrepreneur author Michael Michalowicz and Laurel Delaney of The Global Small Business blog. Find more ways to partner […]