Is it financially dangerous to scale fast?

 

The short answer is yes, especially if you’re not prepared.

 

It’s a cash-sucking machine. There are more plates to spin. And more ways for small errors to balloon into catastrophic problems.

 

Here’s the good news though.

 

In today’s episode, we’re covering 4 key steps in place to manage a fast-growing company.

 

One of our favorite sayings is, "You can't scale chaos". There’s a way to grow faster with less chaos and today, we show you how. 

 

Join Marti and Owen as they talk about the 4 key steps to managing a fast-growing company:

• Step 1: Crafting a clear vision to guide your team towards success (02:26)

• Step 2: Mastering key metrics to understand your company's financial health (05:57)

• Step 3: Investing in systems, people, and processes to reclaim your time (10:01)

• Step 4: Focusing on high-margin activities and protecting your downside (12:51)

 

We also talk about two skills you need as a business owner while your company grows:

• How to evolve your skills and identity as you scale up (15:30)

• The importance of accountability and difficult conversations (17:47)

 

BONUS! Download and use this FREE resource to protect your downside: https://tp-b.com/60-protect-profit-ep92

 

At The Builder's Ladder Podcast, we're your partners in building a thriving construction business. Subscribe now for weekly episodes packed with actionable tips.

 

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