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537 | Growing Your Business Without Dying For It

537 | Growing Your Business Without Dying For It
Aug 29, 2023 · 36m 54s

Use the timestamps below to guide you better as a leader or individual: - How much are you willing to sacrifice to grow your business? https://otter.ai/u/6-3-UvA9niWPS4S_CGvhdQW8D-k?tab=summary&t=0s - Three things leaders...

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Use the timestamps below to guide you better as a leader or individual:
  • How much are you willing to sacrifice to grow your business? 0:00
    • Three things leaders need to do to avoid overinvesting in their business.
    • Growth is important.
  • Why growth is an absolute must. 2:07
    • Growth is an absolute must, not counting the cost.
    • Comparing yourself to other businesses.
    • Why top-line numbers are not important.
    • Why opening up another location is a mistake.
  • Don’t take energy away from your business. 6:55
    • Duplicate the process and take energy away from the money-making process.
    • Make a business run really well.
  • How much is too much? 9:40
    • Maintaining harmony is as important to growth and synergy as pressing for something new.
    • The three things to hit.
    • Finding harmony and harmony in the right season.
    • Hiring the right team members.
  • Take a hard look at your strategic structure. 14:21
    • Take a hard look at the current season.
    • Take a look at strategic structuring.
    • Paying too much or not paying enough.
    • Treating clients well.
  • The problem with leaders who choose not to get rid of people. 18:31
    • How to get someone off the team.
    • The importance of moving people around.
  • Ask yourself how much can you grow in a year? 20:24
    • How to grow 45% in a year without negative consequences.
    • Research on growth percentages.
    • Taking a look at capacity in a year's time.
    • Growth without negative consequences.
  • Redefining success and redefining profit. 25:00
    • Growth of 45% is not amazing.
    • Redefining success, redefining success.
  • The importance of having a profitable business. 27:13
    • Profit is the top priority, but everything else comes after.
    • Debt is not a focus.
    • Having priorities right will help mitigate the risks.
    • Finding a healthy balance between work and life.
  • The blue zone communities. 32:24
    • Example of blue zone communities.
    • Blue zones have more centenarians than any other place on the planet.
    • Business owners and leaders live stressed out lives.
    • Next level life event.
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Author Chris LoCurto
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