Are you REALLY Ready to Scale?

Episode Summary

“Scaling your business is not about speed – it’s about readiness.”  Dr. Darnyelle Jervey Harmon

This past week, my company, Incredible One Enterprises, celebrated 16 years generating revenue as a business. I’ve shared that to say – we’ve seen lots of businesses come and go in an attempt to “scale” a business before it’s actually ready.  In full transparency, we, too, have tried to scale before we were ready and that caused some of the delay we experienced in our earlier years as well as why we took a step back from 7 figures in 2016 to right the foundation of the business so that as we scaled it would be life-giving instead of soul-sucking.

The fact is Scaling is a buzzword that is misused and causing operational havoc in businesses. The truth is, most businesses are NOT ready to scale. They don't even truly understand what scaling means. Scaling, is a business operational process that should only be entered into when you business has laid a sold foundation upon which multiplying, duplicating and replicating is actually going to create more of what you desire – income, influence and impact.  Scaling has absolutely NOTHING to do with speed or even quantum leaping a business. Scaling requires time, attention and tried and true operational infrastructure that can withstand the economy and industry dynamics. That’s right, when you attempt to scale before you are ready, you create an undesirable business that you will likely burnout from and attempt to burn down.

I know there are many talking about scaling to 6 figures, but they are giving bad advice. There is no need to scale to cross the 6-figure mark.  Low six figures in a lot of ways are a trial and error period for a business to validate their framework or methodology and client delivery systems for producing a result for their pinnacle clients.  Once you have certain keys, which I will share in this episode in place, you can begin the journey to consider the feasibility of scaling.

In this episode, my goal is simple – to let you know what you need to have in place if you desire to scale. As you listen, I want you to determine if you are REALLY scale ready. Grab your Move to Millions Podcast notebook and your favorite beverage and listen in to discover:

• Why attempting to scale too soon can cause business failure
• The key differences between growing and scaling and how to determine which is your next best move
• 5 strategies to master before scaling and why
• The key elements required for scaling
• And so much more

Powerful Quotes During the Episode:

1. "Scaling is about multiplying, duplicating and replicating an operational infrastructure that supports a business making, impacting and creating more."
2. "Hiring is critical to the scaling process – you’ll need key strategic hires before, during and after you scale."
3. "When you haven't crossed the six-figure mark, momentum is your key goal, not scaling."
4. "You might not be ready to scale yet because you might not have the right infrastructure that will allow you to move up instead of crumple down."
5. "The first year is really about getting the things in place and setting a foundation. We don't even really start talking about scale until year three."

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 Links Mentioned in the Episode:

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