EP. 32

@openresidency

12.4K followers · usually 980 views a post

Views

3.7K

Likes

55

Comments

1

Shares

0

Why it worked

The content provides actionable business advice in a concise, easily digestible format, presented through a series of numbered slides. This structure appeals to founders seeking quick insights and practical strategies for growth.

Summary

This is a slideshow presentation of 15 learnings from Dom Iacovone, CEO/Partner of TQG, a holding company that owns Raw Nutrition, Bum Energy, and more. The learnings cover business strategy, finance, marketing, and team building.

Structure

1Introduction of Dom Iacovone and his companies
2Learning 1: Be the smallest person in the room
3Learning 2: Finance dictates marketing strategy
4Learning 3: Founder's presence impacts team thinking
5Learning 4: Sell on the way up, not at the plateau
6Learning 5: Business independence is key for acquisition
7Learning 6: Prioritize and cut ruthlessly
8Learning 7: Strategic models prevent shiny object syndrome
9

Original caption

Most founders are the bottleneck 👀👇 #business #entrepreneur #founder #growth #startup

More from @openresidency

Their other posts in the index, biggest breakout first.

Learning 8: 80% is sufficient if core tasks are right

10Learning 9: Track CMI weekly, others monthly

11Learning 10: Audit financials before process implementation

12Learning 11: Partner for growth, not just the highest bid

13Learning 12: The second opportunity is life-changing

14Learning 13: TikTok as a D2C channel strategy

15Learning 14: Value irreplaceable team members with equity

16Learning 15: Build and stick to a functional system

On-screen text

EP. 32 Dom IACOVONE DOM IACOVONE IS THE AMERICAN CEO/PARTNER OF TQG, A HOLDING COMPANY THAT OWNS RAW NUTRITION, BUM ENERGY, AND MORE. HERE ARE MY 15 LEARNINGS... OPEN-RESIDENCY 01. The best rooms to be in are the ones where you're the smallest person there. OPEN-RESIDENCY 02. If your numbers are off, your marketing strategy is already irrelevant. Finance sees everything first. OPEN-RESIDENCY 03. When the founder's in the room, everyone agrees. Get out so real thinking can happen. OPEN-RESIDENCY 04. Sell on the way up. Everyone waits for the plateau and by then it's already too late. OPEN-RESIDENCY 05. If the business can't run without you, that's not a feature, it's a red flag in any acquisition conversation. OPEN-RESIDENCY 06. Four priorities, locked in January, and everything else gets cut — that's the system. OPEN-RESIDENCY 07. A strategic growth model isn't a plan. It's a fence around your shiny object syndrome. OPEN-RESIDENCY 08. 80% is enough. If they're doing the right things most of the time, leave it alone. OPEN-RESIDENCY 09. CMI is the number that matters most on your P&L. Track it weekly, everything else monthly. OPEN-RESIDENCY 10. Two years of audited financials before you run a process. Whatever you skip upfront, you pay for later. OPEN-RESIDENCY 11. Don't chase the highest bid. Find the partner who can actually take you somewhere. OPEN-RESIDENCY 12. The second bite of the apple is the one that changes your life. OPEN-RESIDENCY 13. TikTok is the new D2C. Seed product, run TikTok, let it spill to Amazon, then push to retail. OPEN-RESIDENCY 14. Give equity to the people who can't be replaced. You wouldn't have the business without them. OPEN-RESIDENCY 15. Build the system right and it works anywhere. Then stick to the fucking system. OPEN-RESIDENCY