The Business Strategist With Adam Strong

Growing Vs Scaling a Business


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When should you scale or grow your business?


This conversation explores the difference between growing and scaling a business. Growing a business focuses on increasing revenue and taking on more clients or customers, while scaling a business focuses on increasing revenue and profit simultaneously. Scaling involves finding ways to increase operational efficiency and streamline processes. The key to scaling is identifying the area of the business that needs scaling and implementing a framework or system to support it. Timing is crucial when it comes to scaling a business, and seeking advice from those who have successfully scaled their businesses can be helpful.

Learn how to scale your business by joining our waitlist here for early access to our next cohort for the game changers inner circle programme: https://bit.ly/business-mastermind-waitlist


Takeaways
  1. Growing a business involves increasing revenue and taking on more clients or customers.
  2. Scaling a business involves increasing revenue and profit simultaneously.
  3. To scale a business, identify the area that needs scaling and implement a framework or system to support it.
  4. Timing is crucial when it comes to scaling a business.
  5. Seeking advice from those who have successfully scaled their businesses can be helpful.

  6. Chapters


    00:00 Understanding the Difference Between Growing and Scaling a Business

    02:59 The Challenges of Growing a Business and the Importance of Resources

    04:50 The Key Questions to Ask When Considering Scaling a Business

    08:23 Examples of Scaling a Business and Increasing Operational Efficiency

    09:48 The Role of Mindset in Scaling a Business

    13:42 Identifying the Area of the Business That Needs Scaling and Investing in It

    21:08 Outro business strategist.mp3


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      ABOUT THE HOST


      LinkedIn: https://www.linkedin.com/in/adamistrong

      Have you got a plan for scale in 2024? If not, take the business growth quiz here: https://howtogrowabusiness.scoreapp.com

      Get early access to the game changers inner circle business mastermind go to https://bit.ly/business-mastermind-waitlist for more info

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      The Business Strategist With Adam StrongBy Adam Strong

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