How to avoid the five pitfalls before scaling a business
Learn the five pitfalls before scaling a business In this conversation, Adam Strong discusses when to scale a business and the common pitfalls to avoid. He emphasises the importance of revenue and suggests looking for ways to improve revenue streams, such as monthly recurring revenue and affiliate marketing. He also talks about the need to productise and diversify offerings to attract a wider audience. Strong highlights the significance of mindset and thinking like a seven or eight-figure business owner. He advises understanding the capacity of the business and finding ways to increase it. Lastly, he emphasises the importance of creating a strong company culture. Learn how to scale your business by joining our waitlist here for early access to our next cohort for the game changers inner circle programme: https://bit.ly/business-mastermind-waitlist Takeaways Focus on improving revenue streams, such as monthly recurring revenue and affiliate marketing. Productise and diversify offerings to attract a wider audience. Develop a mindset of a seven or eight-figure business owner to effectively implement scaling strategies. Understand the capacity of the business and find ways to increase it. Create a strong company culture to support business growth. Chapters 00:00 Introduction 05:07 Improving Revenue Streams 10:54 Developing the Mindset of a Seven or Eight-Figure Business Owner 15:39 Understanding and Increasing Business Capacity 🙏 How To Support The Business Strategist 🎙️ Subscribe, listen and leave a review on 👉 Apple, Spotify Help us to make a bigger impact by buying me a cup of tea 👉 https://www.buymeacoffee.com/thebusinessstrategist Tag us and share the show with your network Have you got a plan for scaling up? If not, take the business growth quiz here for FREE: https:/howtogrowabusiness.scoreapp.com ABOUT THE HOST LinkedIn: https://www.linkedin.com/in/adamistrong Have you got a plan for scale in 2024? If not, take the business growth quiz here: https://howtogrowabusiness.scoreapp.com Get early access to the game changers inner circle business mastermind go to https://bit.ly/business-mastermind-waitlist for more info Learn more about your ad choices. Visit megaphone.fm/adchoices