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Aug. 4, 2022

How to Scale Your Business Effectively

How to Scale Your Business Effectively

Do you want to scale your business? How big do you want to be, and how quickly can you get there? Co-hosts Hannah Robinson and Melissa Honan share insights into the most important aspects of scaling a business and how to dodge the vulnerabilities that...

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Do you want to scale your business? How big do you want to be, and how quickly can you get there? Co-hosts Hannah Robinson and Melissa Honan share insights into the most important aspects of scaling a business and how to dodge the vulnerabilities that arise from super-fast growth.

  • Hannah asks Melissa about the exact moment she decided it was time to scale her business.
  • Hannah explains why she believes the first step to scaling a business is bridging the gap between where you are and where you want to be.
  • Melissa illustrates how having a consistent business process is all you need to achieve consistent results.
  • Hannah and Melissa go through the benefits of consistently showing up in your business, even when you don't feel like it.
  • Melissa explains why sometimes it's okay to just "wing it" in your business and figure things out as you grow.
  • Hannah describes why she feels having a well-defined business process makes it easier to identify the cogs in your systems that need changing or updating.
  • For Melissa, learning never stops when running a business - sometimes you learn lessons the hard way, but the trick is not making the same mistake twice.
  • Melissa goes through why your objective as a business owner is to go after explosive growth - however, super fast growth can come with its own set of struggles, which you should be prepared for.
  • Hannah and Melissa agree that the key to maintaining business growth is to have scalable and replicable processes at all levels of the business.
  • Melissa explains that growing a business means working with more clients, data, and resources - your business should be able to handle all these new responsibilities before you decide to scale.
  • Hannah reveals that one of the most painful parts of scaling a business is acknowledging that the business will outgrow some employees, and you'll have to let them go.
  • Melissa shares how hard it can be to let go of employees, no matter the reason - but letting go of people has to be done nonetheless.
  • Hannah asks Melissa if she has a business coach to guide her through the process of scaling her business.

 

 

Mentioned in this episode:

success@ilovebookkeeping.com