How to bring scale and growth into your business
There are three fundamental qualities that contribute to bring scalability to any business.
Listen here as I talk about them by sharing an experience in my family…and how the principles show up in the common household task….of meal preparation :).
How do you measure business growth?
Growing your business can be fun, challenging, rewarding and all-encompassing. It can also feel frustrating, never-enough and like spinning your wheels.
An interesting question to consider if you have aspirations to expand is: how are you measuring growth?
There’s the traditional metrics of using revenue and profit. Those are great measures.
However, measuring growing using only the metric of growing top-line sales is using a very narrow lense.
AND these metrics are lagging indicators. They are the result of the activities you’re engaging in.
What are your leading indicators? (These are the actions you’re taking that LEAD TO the results you’re looking for.)