ANSWERS
Questions founders ask Ivanka Menken
These are the questions founders of growing businesses ask Ivanka Menken most often, answered from her own method: what a mentor costs and does, why cash gets tight while the business grows and payroll starts to feel heavy, how to let go and when to hire a general manager, how to price and which clients to stop serving, how to align a leadership team and make the decision you keep putting off.
By Ivanka Menken, Strategic Mentor · Updated
- 01
How much does a business mentor cost?
What each way of working with Ivanka costs, and what you are paying for.
- 02
What is the difference between a business coach and a mentor?
Coaching, mentoring, consulting and therapy are different jobs. Here is how they differ.
- 03
What does a strategic mentor actually do in a session?
What happens in 60 minutes with Ivanka, and between sessions.
- 04
How do I stop being the bottleneck in my business?
A practical method for founders whose business waits for them.
- 05
When should a founder hire a general manager?
How to tell whether you need a general manager, or need to let go first.
- 06
My managers have titles. Why does every decision still come to me?
When the org chart has changed and the founder's week has not.
- 07
How do I get what is in my head written down for the team?
When the same questions come back to you every week.
- 08
Why is cash tight when my business is growing?
Why more work can mean less cash, and where to start fixing it.
- 09
How do I raise my prices without losing clients?
Where to start when you know your prices are too low.
- 10
Why do I dread payroll every fortnight?
When checking the bank before every pay run has become a habit.
- 11
How do I pay staff when clients take 90 days to pay?
When the business is profitable on paper and short in the bank.
- 12
How do I free up cash tied up in stock?
When the warehouse is fuller and the bank account is emptier.
- 13
Which clients should I stop serving?
When revenue is up, profit is flat and you suspect some clients cost more than they pay.
- 14
How do I make a hard business decision I keep putting off?
Four steps to a decision that has been circling for too long.
- 15
How do I get my leadership team aligned?
Why good people pull in different directions, and how to fix it.
- 16
What is identity risk for founders?
When the business becomes who you are, and what it does to your decisions.
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