Is it better to stay a lean business making good money, or risk it all to achieve greatness and setting you and your loved ones for life.
Well this is the journey I am on as we speak, but as always more staff more problems, more offices more problems and certainly more businesses more problems.
So how do you know when the time is right to give it that push if you want to go bigger, or to stay as lean as possible for as long as possible.
There are many factors to this, a bigger client base may force the growth, new technology could take you in a new direction line it has with me, or seizing an opportunity that comes your way may be a factor.
Whatever it is you will know if you have the hunger in your belly to drive forwards with it.
And be ruthless if people are not performing as you are only prolonging the inevitable.
Just be sure you have the right management in place or business partners that you trust and are capable, ensure you have vision of everything that’s going on so you can keep an eye of KPI’s and performance figures throughout the business with snap shot reporting.
SSR- I will talk more about this in a post coming soon.