Starting a business is Easy, Scaling a Business is Hard.
There are many barriers that prevent small businesses from growing.
For today I want to focus on two that are vital.
The first one is clarity and understanding exactly what stage your business is in. If you ask 10 different people what is a small business you will get 10 different answers. This is in no way about asking others when it comes to your business. Your business is personal. The question that needs to be answered – Do you know what stage your business is in? Can you answer the question? If not, don’t be too hard on yourself as most small business owners can’t.
The second issue is that if you understand the stage of your small business you may have the awareness of what is the critical factor to move your business to the next level. Knowing is not enough, you need to be able to focus. In this day and age, this is indeed a challenge. The Centers for Disease Control and Prevention reports that 6.1 million children have been diagnosed with ADHD. How many business owners are out there with the inability to focus on what is important at this stage of their business?
Starting a business is definitely easy, but if you don’t know what stage your business is in or have the ability to focus on the critical factor to move your business to the next level, you will never grow your business.
Are you ready to go from where you are to where you want to be?
Until next time,