What Nobody Tells About Growing Your Business
Manage episode 360964942 series 3461758
Everyone knows that growing a business is challenging. There are a lot of long nights and uncertainty around it. But you need to be aware of a whole other conversation about growth.
First of all, you have to ask yourself if you really want to grow your business. Maybe you don’t want to do it. And in this episode, we’ll explain why it’s OK to be satisfied with having a lean (but successful) company.
Sometimes, after a meteoric rise, you can experience a plateau. That’s when you must analyze if you need to enroll some A-players for your team or if it’s time to step aside and let someone else take the wheel.
Besides hard work, there is a mindset that you need to develop to achieve an epic rise. Keep your ego in check to identify if you are being truthful to your desires or just want what everyone else wants.
Give yourself permission to change. Your goals change. And there’s nothing wrong with it.
“If I can’t define where I wanna be, how do I actually know if I ever gonna get there?” - Bob Thompson
In this episode:
- How to deal with the plateaus in business
- Importance of asking yourself if you want to keep growing
- Joining organizations that will help you scale up
- The danger of micromanaging everything in your organization
- Why you should get someone who knows finance
- Developing skills to have a significant impact early on
- Building a solid team as part of your exit strategy
Resources:
- Book “Scaling Up: How a Few Companies Make It...and Why the Rest Don't” by Verne Harnish - https://www.amazon.com/Scaling-Up-Companies-Rockefeller-Habits/dp/0986019526
- Book “Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity” by Frank Slootman - https://www.amazon.com/Amp-Unlocking-Hypergrowth-Expectations-Intensity/dp/1119836115
- Book “Rocket Fuel: The One Essential Combination That Will Get You More of What You Want from Your Business” by Gino Wickman and Mark C. Winters - https://www.amazon.com/Rocket-Fuel-Essential-Combination-Business/dp/1942952317
Connect with Bob:
- Facebook- https://www.facebook.com/bob.thompson.1232
- Instagram- https://www.instagram.com/iambobthompson/
- LinkedIn- https://www.linkedin.com/in/robertthompsonlegion/
- YouTube- https://www.youtube.com/@smallinputs-bigoutcomes
Connect with Angelo:
- Facebook- https://www.facebook.com/AngeloPerone21/
- Instagram- https://www.instagram.com/ceo_angelop/
- LinkedIn- https://www.linkedin.com/in/angelo-perone-909b2a128/
- TikTok- https://www.tiktok.com/@ceo_angelop
- Website- https://legalcaseconnect.com/
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