Why Hasn't Business Grown?

Do you ever feel like you have grown your business to a certain point, and no matter what you do or what advise you take, you still can’t seem to get over the hump?

Business has phases of growth, and even though we all want to have the next big idea that brings us overnight success. The reality is, it takes work to grow a business to every level of success. I will never forget the day, the levels were spelled out for me, by the one and only Alex Charfen is his Billionaire Code, suddenly I discovered what was confounding me, became clear.

The Billionaire Code that Alex created is worth taking a look at, it’s basically a chart of the levels and layers of success and the things that stop businesses from evolving to the next level. I found that there is a lot of truth in the layers he lays out, but it’s also not a straight line of doing, implementing or understanding- unfortunately.

Because a business, when launched, grown, and systemized becomes a living breathing creature all it’s own. You get a special tax ID from the government for your business, and your business pays taxes like you and your employees pay. When done correctly, your business keeps running without you needed in the day to day operations, and in the best case scenario cases outlives you, (for service based businesses, it’s a harder thing to accomplish, but certainly not impossible.)

Because your business is an entity of its own, it also means that you can expect certain things along the growth spectrum, there are always variables at play, normally due to human error. So as you grow your business and look at the person next to you, making it happen with ease, know this-

Everyday is an adventure, full of unexpected twists and turns.

The one thing every growing business has in common, is each leaders (you) ability to see the problems, create solutions, and implement them.

I remember early on in business, I thought that meant that only I could implement changes before I passed the new changes onto my staff. Where I got it wrong, I didn’t have to be the person doing all the heavy lifting, that is why you hire people, and why you bring on a staff you pay to do a very specific job.

The problem is, most business owners, especially first time business owners are a mess at delegating work, making sure it gets done, and rewarding success.

Normally how is the whole scenario plays out:

  • Hire someone, delegate work to them

  • Take the work back, do it yourself, because nobody can do it better that you, and you have to make sure it gets done.

  • Get frustrated and burned out, because having a team is more of a problem than it’s worth.

  • If you don’t fix it, many business owners, especially coaches, consultants and creatives shrink their business down to where it’s just them again, and end up owning a job not a business.

The common denominator in this chaos here, is YOU. YOU THE BUSINESS OWNER.

You and your micromanager tendencies, inability to ask for help, and ensure that you are effectively getting the help you need.

The only thing stopping you from taking your business to the next level is you, it will always be you, and as soon as YOU realize that you are your businesses greatest strength you are also your businesses greatest weakness.

Your business will change when you understand those weaknesses, ask for help diagnosing the blind spots and change how you lead people.

For me, early on in my career as an entrepreneur, changing how I led people was the hardest and messiest part, because by nature I may possess leadership qualities, but that doesn’t mean I was inherently gifted with knowing how to lead others. Chances are you are the same.

The mistakes I made while learning how to lead is what makes this such a big topic for me.

The mistakes you make while leading others, can literally ruin the lives of the people who work for us by either creating a false sense of security or be so brutal, they end up having to spend years in counseling after having worked for a person like you. I know that seems a little melodramatic, but the power you have as business owner, and leader is something that you must respect.

Your blind spots in knowing where your weaknesses lie as a leader and actively seeking solutions for them is slowing your team down, business growth , and the impact your company is capable of making in this world.

If you are ready to get deep, beyond the basics growing your business, and ready to take a look inside you, your business, and truly gaining the skill of discovering your blindspots, moving through them quickly, and creating the income and impact you have always envisioned, but feels somehow out of reach, it’s time to schedule your Smart Business Audit.

When you schedule your Smart Business Audit, you will be taken to a short questionaire so that I can be more familiar with your business, and we can waste less time getting to know each other, and more time problem solving.

On this call we will diagnose your blindspots preventing you from growing your company, now and into the future and create a plan to move forward and thru these blindspots quickly so that you can gain the leverage, growth, and sense of peace in owning your business that has been eluding you up til now. That changes today.

If this blog was valuable to you, let me know in the comments, and subscribe to my newsletter to get all the updates.

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20 Lessons from 2020

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Are you failing as a leader?