There is Bisola the Tailor who works 8am – 6pm everyday and can never go on holidays while barely making enough money to keep her head above the water… On the other hand, you have Bukola who runs a fashion company with 5 fashion designers and up to 20 tailors working with her. It seems like her only work is to count the money that is flowing in.
You see where I am going with this?
There is a cap, there is a limit to which you can grow your business. The good news is that the limit is dependent upon your own capacity and your decision to build a business system.
It is all a decision.
You must decide to build a business system around your skill or talent that will facilitate the kind of business you want.
I am tired of contract-preneurs and freelancers (and fundraisers too, BTW) posing as legit business builders.
The defining trait of a business are the processes and structures that are in place to facilitate a smooth running of operations every single day. If you do not have systems in place, you are an artisan… a freelancer. And just like Bisola, you will work round the clock without huge returns.
If you are serious about growing your business into millions, you have to start taking these things to heart.
Prepare your multi-million Naira business plan, start setting up defined processes to handle separate areas of the business and then you can genuinely scale up the business into the sky!
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N.B.
The Business Builders Hangout will hold in Lagos on January 27 and Akure on January 31. We will be glad if you could join us in any of the cities. Ask me for full details.