Scaling Up or Staying Small: The Truth About Business Growth

Episode Transcript

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Hello, everyone. Welcome to another edition of the Empowering Entrepreneurs Podcast. I’m Glenn

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Harper. Julie Smith. What’s going on, Julie? It’s been a bit since we’ve been in

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these seats. Couple weeks. Life keeps happening, you know. Yeah. You

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got some hurdles we gotta overcome, and here we are, you know, just like

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everybody else. There’s always something, a little pothole in the road you

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gotta navigate through. Which brings me to our topic of today with. Do

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tell. You know, is bigger better or

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better better as far as the context? Well, you know, growing and

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scaling a company business. Yeah, I wasn’t talking about your hair. I know this.

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If I had my mullet, I’d be in. No, I think

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that’s a great question because it seems to me that

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everybody always says you got to take your business and scale it and grow it

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to this monstrosity of a company. And the question is, well, should we even do

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that or not? And so I always ask the question back to our clients. Is,

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is bigger better or is better better? You just stole that from me.

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I know, but it’s the question, right?

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Is it better to be a better company, more profitable,

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less time involved, more profitable clients, or is it better to be this

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massive company that is just keeping you up all night and doing all

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the things to. But I don’t necessarily think that, you know,

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sometimes when people go bigger, they figure out how to do it without

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staying up all night. Right, well, just to be devil’s advocate over here,

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of course you are. That’s what you. That’s what you do. I think the

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key to that is when you’re ready to scale, you can’t do it

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by yourself. You have to have a team to do that, and you have to

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know what is you’re trying to sell, what you’re trying to do with your products

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and services, and who are the people and the roles. And you have to have

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somebody help you. If you try to do on your own, it’s going to be

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very hard. Unless you’re musk. That guy could do anything. But ultimately, the rest of

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the. I think he’s got some good people, he’s got great people. But if you

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don’t have the right people, it’s really hard to scale by yourself. So,

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you know, back to the question. I think it goes back to, like, what is

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your vision? What is your goal? Where. What do you want to do with

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the business? Right. Well, again, most people don’t think that far

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ahead. They’re trying to do this task. They’re trying to do their job. They’re trying

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to service their client, and they’re not thinking, is this what I want to

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be doing a month from now, five months from now, a year from now, ten

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years from now? It’s really hard to project that out because they’re just trying to

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get through the day to solve those tasks, hand and solve those problems.

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So how does one decide? You got to have some quiet time. You got to

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separate yourself from the business, go on top of the mountain, chill out and

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try to do that deep thinking and decide, what is it that I want this

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company to be? Do I want it to be this big monstrosity?

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Do I want to run this multinational organization, or do I want

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to just have a nice little boutique little thing and make things happen at the

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small level that I’m doing? And once you decide that, it’s easy to come back

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and implement it. So what questions do people ask themselves during this

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quiet time to get to that, you know, answer? Well, again, the

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hard part is you’re listening to the noise out there, telling you what you should

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be doing. And then you have to get to your true self to figure out

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what is it that you really want to be doing? What makes you happy?

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What gives you the most joy, satisfaction, what makes you get up in

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the morning. And most of the time, what makes you happy

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is not what everybody else is telling you you should do. So you have to

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go figure that out. That’s the algorithm. You got to solve that noise. It’s.

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It’s loud. It’s. Especially in today’s society. Well, you can be judged

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so quickly from social media, your peers, colleagues, family, everybody, that

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if you make one wrong move, you’re going to be judged. So it’s hard to

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just put it out there and say, this is what I want to do, and

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go do it. And those people we all know are the most successful people ever.

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They’re the happiest. They’re being the most productive. They’re living their best

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life, and it doesn’t matter. Again, it could be just to have one client do

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one thing or have hundreds and thousands of clients. Doesn’t matter. Once they figured out

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it’s. They’re the happiest people. Sounds like we all need to book a trip to

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the mountains or the beach or something and have some quiet time. And not the

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beach. Figure this out. Distractions, the sand, it’s sunscreen.

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You really got to go to the mountain because there’s really nothing to see but

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just openness. It’s really the place to be. All

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right. Well, hopefully that’ll help all of you try to figure that out. Again, find

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your quiet time. And when you do find that quiet time and you, you kind

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of get a plan, hire a consultant. Hire somebody that has done it before

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and can help you navigate how to get that. Because trying to do it

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yourself is so, so hard. There you have it, another edition of

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the Empowering Entrepreneurs Podcast. I’m Glenn Harper. Julie Smith.

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