Your Dream Business

The challenges of scaling your business and how to overcome them

11.08.2021 - By Teresa Heath-WareingPlay

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In today’s episode of the podcast I talk about scaling up – what it looks like and what the challenges are to hopefully help anyone who is wanting to scale their business.

KEY TAKEAWAYS COVERED IN THE PODCAST

When you first start your business, it may just be you but as you scale you will need to manage a team.

You need to be able to manage and trust your team.

When you manage people, even if they are doing work for you, you need to still oversee what they are doing.

Before you start working with a team, you have to come up with the process and brief them before they can do it.

You NEED to have systems and processes in your business in order to scale.

Start putting processes into your business, even if it is just you.

You will be juggling lots of different things when you start to scale, focusing on different areas all the time.

You have to be organised if you want to scale and plan out your days/weeks/years.

It is really important to keep reviewing what you and your team are doing.

Use systems such as Slack and Trello to help you stay organised.

You invest a lot of the money you make back into you and your business.

You should be coached by people you look up to and are ahead of you.

It is sometimes easy to look at someone else’s membership or business income and compare – but what you can’t see is their outgoings.

The more you make, the more you spend.

When you do scale and get more well known, it is harder to celebrate the wins and be proud of what you have done.

No matter what level, you will still look at your competitors and compare!

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THE ONE THING YOU NEED TO REMEMBER ABOVE ALL ELSE…

No matter what level you are, you may still get imposter syndrome!

HIGHLIGHTS YOU SIMPLY CAN’T MISS

Managing people in your business 07:14

Processes and systems for your business 10:23

Juggling everything as a business owner 11:29

Getting organised 12:25

Investing more in your business 13:30

Things that won’t change 16:15

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