BNI Pitch

Adding Value?

Do I already need to be a dick in order to buy a BMW, or do I become a dick once I own it? Pondering the mysteries of the universe, yet again.

This post is about one of my 45-second pitches at my BNI Chapter, BNI City Business. You can read the introduction to this collection here.

An almost no-effort this week. The image dropped into my feed the week before, and (in my mind at least) aligned well with my planned topic of Business Valuation.

There is a direct link between a business that adds value to their clients and the value of that business.

I have been reading Shannon Pratt’s hefty tome, Valuing a Business: The Analysis and Appraisal of Closely Held Companies. This is a meaty cornerstone text in the Business Valuation space. Very ‘nuts and bolts’ in approach. Despite the US-centric view of the world, the book nonetheless serves as a great starting point to understand the complexities and approaches of valuing closely-held businesses. Objectively, it is not as useful when valuing small New Zealand businesses, but does a great job of laying out the theory and practice in general.

That’s another way of saying I had valuation on my mind.

If you are not adding value for your client, doing something they want or need, then you are not really in business. Adding value, in a way that resonates with customers, adds value to your business.

Want to Know More?

Contact us if you would like to know more about BNI (Business Networking International) or my chapter BNI City BusinessWe welcome visitors.

We meet weekly on Friday mornings 6.30 – 8.30 am. There are other chapters across Auckland that meet on other days, and some at different times.

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