335: Navigating the Challenges as You Scale and Multiply
The BizChix Podcast: Female Entrepreneurs | Women Small Business | Biz Chix - A podcast by Natalie Eckdahl, MBA
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Shelli Warren, our Chief People Officer, joins me to recap the stages of small business, with a special focus on the Scale and Multiply stages. These stages are all about building and growing a team, and letting go of control. In the Scale and Multiply stages, focus on creating a stable, replicable business model. We discuss the importance of finding a guru or coach who resonates with you, and who can help you achieve your goals - and sticking with them! These stages are also for you to build and grow your team. Shelli takes us on a deep dive of the challenges surrounding hiring, on-boarding, and managing team members, and her tips for tackling these aspects. As your business grows, recognize that you require different expertise at different levels of your business. Don't be afraid to let someone go if they're no longer a fit. Shelli and I talk about low-performing teams and teams that run their leaders, and how that can hold you back. We also deal with numbers - profits, revenue, costs and more! And as with any stage of business, be sure to ask for help if you need it. Get your Free BizChix Entrepreneur Growth Framework Resource Packet Books or Tools or Events Mentioned: Voxer Kolbe Assessment Books by Patrick Lencioni Five Dysfunctions of a Team, by Patrick Lencioni Built to Sell, by John Warrillow Profit First, by Mike Michalowicz Simple Numbers, Straight Talk, Big Profits, by Greg Crabtree Other Links Mentioned: Hiring Resources from Shelli Warren Patrick Lencioni on YouTube BizChix Episodes Mentioned: 326: The Stages of Small Business – The BizChix Entrepreneur Growth Framework 241: Learn How to Profit First with Mike Michalowicz Stacking Your Team Episodes Mentioned: SYT 10: Lessons from Our Best Bosses (Featuring BizChix Community Members) Work With Natalie: One Day Mastermind CEOCHIX Mastermind ProfitChix Mastermind Strategy Session Work with Shelli: One Day Mastermind EliteChix Mastermind Strategy Session Join the BizChix Community This episode was first published at BizChix.com/335. Subscribe to our sister podcast, Stacking Your Team, on your podcast app or listen at http://bizchix.com/category/team/.