The next death by another little cut:
Trying to Scale Chaos
If you try to scale chaos, you only get more chaos. And, eventually your business will implode.
When you are small, i.e. less than $750,000 in revenues, you probably can do it yourself. You know exactly what is going on.
Growing past this point begins the first step of no man’s land. To get out of no man’s land, you have to hire people and TRUST them to do their jobs the way you want them to. You have to tell them what you expect – they can’t read your mind!
Sometimes that’s the hardest part…trust.
Even when you are a multimillion dollar business, you have to trust the people you put in place to do their jobs.
Can you get to a multimillion dollar business without trust? No. Trying to micromanage leads to burn out and business implosion.
If your business is chaotic and is totally dependent on you, then don’t try to scale.
First, if you think you want to scale, answer these questions:
- Why do you want to grow?
- Are you willing to lead, manage and get out of the way?
Leadership is inspiration – why should people join your team? What are the goals for the company? Management means letting your team members do their jobs and ensuring they are meeting their goals.
If you know why you want your company to grow and you are willing to lead and manage, then here’s how to get rid of the chaos:
- Processes and procedures.
- Finding competent team members and giving them the authority, responsibility, and accountability to do their jobs.
- Tracking metrics and communicating the results to the team members
- Weekly communications meetings.
- Tracking billable hours.
- Reviewing financial statements
If your business is chaotic, you still have to grow in 2026. You have to grow at least by the rate of inflation. If your suppliers increase their costs, you have to grow by at least those increases. If you give your employees wage increases, you have to raise prices by at least the amount of those increases times 1.3.
So yes, you’re going to grow a little. And, if your business is chaotic, it will still be chaotic because nothing’s changed in this growth.
But, do you want to grow by 10%, 20% or more? Get rid of the chaos.
Get the process and procedures in place, follow them, and trust the people you hire to do those jobs.
Next week – my Thanksgiving message to you – what I discovered during my trip to Portugal and Spain.
Thanks again for reading Financially Fit Business. I appreciate you!
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