As a business consultant of some repute for getting things done and transforming businesses I work with, one of the most frequent questions I get asked is this: “how do I grow my business?” in the context of… my business operation is small, need to make it bigger.
Indeed, this is a top-of-the-mind question for Entrepreneurs and business owners, especially after running the business for a couple of years.
Not everyone realises this, but funding is never the primary reason for failure to scale up a business. Serious.
Money is important in starting a business and keeping it running of course, I will never deny that. What I am really saying is that getting access to huge financing will not automatically fix your business challenges and make the company bigger.
Some things are more important than money in building a business. Some critical life skills are among them.
To transform your small business in to a big one, be ready to get organised.
Yes, so simple. Yet one of the biggest challenge small business owners face is the challenge of getting organised.
If you cannot organise yourself and manage your time effectively, you cannot grow bigger. This is simple logic.
You have only 24 hours in a day, within 24 hours… you must generate all the money you want to generate, there is no extra time anywhere else.
In order to do that, you must learn how to use your own 24 hours most effectively.. round the clock optimisation and how to also “borrow” the time of others so that together you can achieve more than if you guys worked individually.
You must learn how to organise yourself… then you must learn how to build, and manage an organization.
You cannot lead others if you cannot lead yourself, that is a major disaster brewing.
If you do not take these first steps, you might just be never able to realise your dream of converting your smaller business operation into a larger one.
