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Showing posts with the label Growth

Business Scaling vs Business Growth: All The Little Details

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  Pexels Image by Kindel Media How about we share a personal story of yours?  Once upon a time, your business was a few months old and you were as enthusiastic as ever about it. You put in the work and that natural drive to build your own thing (product or service) led you on nonstop. Then came your first traffic, customer, or partnership - a blithering sign that you truly exist and your stars are aligning.  Your pulse raced as your eyes watered and a good dose of dopamine rushed through you. At this point, the world seemed to stop - even your wall clock that ticks so loud - and all you could think of was how to grow your business. There's no way you'd let this good feeling slide, especially since more of it means that your business and finances are thriving!  The end.  The moral of that short story is that you used the word "growth" when you may have been thinking about "scaling". Trivial? Perhaps so - until you realise how the little details change everyth...

How To Know When To Scale Your Business

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  Pexels Image by Lucas We’re dead certain that you’ve come across an article or two that talks about scaling your business. Y ou see, those articles all speak about the “how” of business scaling. What to do, precisely. But rarely will you find an article telling you when scaling is right for your business. Luckily enough, that’s what you’ll be reading about here; knowing when it is the right time to scale your business.  Why Do Entrepreneurs Want to Scale? At any given point in time, an entrepreneur could have several things inspiring them to scale. It could be one, two, or five things - the numbers don’t matter. What matters most is having a tangible “why”.  As you read this, you may be contemplating if your reason for scaling is valid or whether it is even important that you do so. We want to first of all affirm that scaling is okay. And to talk about whether your reasons make any sense, we’ll let you decide that after reading through this section. The Mere Opportunity...