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Becoming A Millionaire: How These 8 Professionals Are Key
Dr. Curtis A. Merriweather, Jr. discusses various government contracting and entrepreneurship topics. Dr. Curtis was named a Game-changer by the White House Policy Advisor for Entrepreneurship and Innovation in 2020. He has secured more than $1B+ in contract ceiling. Dr. Curtis will provide practical techniques, tips, and tricks that you aid your entrepreneurial journey on this channel.
In the video, Dr. Curtis discusses the 3Ps of effective management and five business tools that government contractors should consider adopting as their businesses grow. Effective management requires entrepreneurs to focus on three key areas: people, processes, and products. To successfully manage these aspects, entrepreneurs must be intentional and strategic.
It is crucial to leverage data to create a competitive edge and advantage. Businesses can gain valuable insights into market trends, customer preferences, and competitor strategies by analyzing and utilizing data effectively. This information can then be used to develop innovative approaches and solutions that differentiate the business from its competitors. Tools will be adopted during various stages of the business line cycle based on the complexity, size, and scope of business operations.
Chapters:
00:00:00 Introduction
00:03:42 The Eight Professionals You Need
00:07:32 The Importance Of A Coach & Accountant
00:14:38 Insurance Brokers
00:16:17 Health Insurance Broker And Commercial Bankers
00:18:43 Alternative Financing
Key Takeaways:
1. Accountants with knowledge of cost accounting and government contracting is essential
2. Government contract accountants should handle tasks such as analysis, bank reconciliations, budget preparation, cost segregation, financial statement preparation, and rate calculations
3. Alternative finance options may be necessary for fast-growing businesses in government contracting
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Please feel free to follow me on other platforms:
Follow me on Instagram (IG):
https://www.instagram.com/cmerriweatherjr/
Follow me on Medium to read my blog posts: https://medium.com/@cmerriweatherjr
To take a government contracting class, please use the following link:
http://www.8figuregovcon.com/
To go directly to our course store library, please use the following link:
http://www.8figuregovcon.com/store
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This YouTube channel is a news reporting and educational site covered under Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. No copyright infringement intended.
#governmentcontracting #govcon #federalcontracting #drcurtismerriweatherjr #businessmanagement
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