Daniel Marco is the CEO and Co-Founder of Growth Institute, the leading online executive education company for C-level executives at fast-growing firms. He is a keynote speaker and a CEO Coach, with a mission to help one million entrepreneurs scale their companies faster and with less drama. Tune in as Gabe interviews Daniel and they discuss some of the common pitfalls entrepreneurs end up falling into when they begin to scale their business in this week’s episode!

 

Key Takeaways:

• Who is Daniel and what does he do?
• What are some of the biggest mistakes that entrepreneurs are constantly making?
• A daily team meeting is huge.
• More doesn’t always equal better.
• You can scale down, make more money, and be happier!
• The ideal sweet spot for profit is between eight and 12 employees.
• Every growth stage your business goes through, you have to go through the “valley of death.”
• Usually, when you have between 20 and 50 employees, you are having a horrible time.
• Daniel was happiest when he had four employees.
• What is Daniel’s “why”? Why does he keep creating companies?
• Daniel shares some of the growing pains he’s currently experiencing.
• When you’re thinking about growing, what should you be aware of?
• What’s Daniel’s BHAG right now?
• What’s Daniel’s process to help you scale effectively?
• It all starts with defining what you believe success is.
• Whenever there is no trust, there is no commitment. No commitment means no accountability.
• What are some of Daniel’s favorite books this year?
• Daniel shares what he wishes he’d learned sooner about his career.

 

Resources:

Freedomblueprintshow.com

Danielmarcos.co

Impact X

Daniel on LinkedIn

The Automatic Customer: Creating a Subscription Business in Any Industry, by John Warrillow

The Challenger Sale: How To Take Control of the Customer Conversation, by Brent Adamson and Matthew Dixon