Scaling Your Business For Success

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Scaling is not about speed. It is about purpose. Do not scale your business if you don’t have a purpose, if you do not know what you want, who your customers are, or what you stand for.

When it comes to ‘scaling for success,’ Jan Cavelle writes, ‘Business without any purpose may advance in many ways in life, perhaps financially or socially, or by providing external validations of power, money and fame. They will not authentically advance you or give you a feeling that you have achieved something that truly matters.’

Always be clear where your business is going and why it matters to you.’

Business that have not clarified the correct problem will ultimately fail.’

‘Connect with the people running the course and get to know them; look at the companies who have been through the course before.’

‘Be alert to, and ready to grab all opportunities.’

‘As a leader, you need to surround yourself with people who are good at what they do. You cannot micromanage everything yourself.’

‘Work out where you want to go. Seek mentors who are expert in one field, not in everything. Surround yourself with experts in their own lanes.’

‘Have clarity, be it on vision or expectations, and share openly. Inboarding is critical. Get rid of internal terrorists, however well they perform, as fast as possible.’

‘Help employees figure out where they want to go and support them to get there.’

‘Be authentic, be real and treat your customers the same to create real fans.’

‘Develop a need in your customer by providing meaningful experiences.’

Source:

Jan Cavelle (2021). Scale for Success: Experts Insights into Growing Your Business

10 Powerful Practical Business Wisdom From Dave Ramsey

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When it comes to getting better, to knowing more, you do not know what you do not know.

To know more, to learn from other people’s mistakes, you must be willing to learn from others.

To do that, according to Dave Ramsey, ‘We don’t make decisions based on fear.’

You can count on criticism if you do anything of scale that matters. You can’t be afraid of criticism. It comes with the territory.’

‘You will only sacrifice when you passionately believe in the outcome.’

When you pour out yourself and your company in the marketplace you will begin to win, and as you win, expect criticism and complaints.’

‘Activity and success make rejection and nonfatal failure easier to work through emotionally.’

‘When you work with fired-up, talented people who love what they do, you have more fun than trying to gather a bunch of turkeys together and whip some work out of them.’

‘When someone is failing you should start by determining the root cause of the failure.’

Always treat people with dignity and be generous as you set them free, but have the courage to do so and you will actually be friends with some of the people you go through that process with.’

We don’t shoot our wounded. When we have mercy and give kindness to our team members who is legitimately hurting, we build huge loyalty with the rest of the team.’

‘Every day every behavior, attitude, and execution has to be led well by a courageous, loving leader.’

‘Have the courage to do the right thing, the right way, at the right time, and you will be on your way to becoming an EntreLeader.’

Source:

Dave Ramsey (2011). EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches