The untold truth to growing your business, replace yourself | Finding 10,000 Ways | Ep017
April 21, 2021
Do you want to run a business or have the business run you?
Whether you’re a freelancer or running a successful multi-million dollar small-business, at some point you will come to toe with the threshold of the Founder’s Dilemma.
Do you want to be king? Or do you want to be rich?
Each time your business transitions through a stage of growth you will need to make a decision on what your role is moving forward.
Are you going to micromanage every detail? Or…
Are you going to improve as a leader, increase capacity, and increase revenue?
More often than not, your role as the leader of the business will evolve at each milestone.
And, the trick to continued growth?
Having a vision of what you want to spend your time on and to build a business around that.
Susan Fennema, the Chaos Eradicating Officer at Beyond the Chaos, and I chatted about how a challenge for most small business owners is identifying when and how to remove themselves from roles that limit their capacity.
In other words, stop giving your time and attention to things that limit your growth.
Instead, write everything down. Document a process. And train someone to do it.
Remove yourself as the bottleneck to continued growth and success.
In this episode of Finding 10,000 Ways, we explore about:
The natural flow of the world is towards chaos, and your business is no exception.
Where you spend your time and focus is what will grow (so be aware).
No one is going to do it exactly like you do it but that’s ‘ok’ because the goal is about the end result.
Treat your plans like a hypothesis. They’re a roadmap of where you’re going but ultimately will evolve with experience.
Your opinion and feedback matters! 🙏🏼
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Enjoy episode 017 of “Finding 10,000 Ways”- interviews to enable aspiring Business Leaders and Industry Experts to learn from the reflections of their peers’ mistakes and failures along their on-going journey to success.
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INFLUENCES AND REFERENCES
Our reading and listening list from this episode: