The Fear Of Growth

(Image courtesy ft.com)

Last week, I stumbled upon this article by Ravi Mattu from ft.com.

It touches one of the fears entrepreneurs experience, when starting out:

What if the business grows (and I kind of want that) too fast?

Ravi Mattu words it like this:

"Setting up a company is hard. You need to come up with a business plan, find investment, sort out legal and regulatory issues and then find enough customers or clients to pay the bills. And that is just the start.

But what happens when a company grows? It requires more structure and processes, making it harder to remain nimble and innovative. This is especially the case in the internet age, when companies can scale up so quickly that it is hard to manage the process."

Experts suggest keeping a business as small as possible as long as it goes. Ravi Mattu shares their insights as well as a couple of case studies, how successful large companies manage their growth to stay innovative and flexible. Continue reading here.

Now, you have some knowledge about how to handle the potential growth of your business. And I hope this makes your fear around it less intense.

If it is still substantial and holding you back from even creating your new business, please, don't hesitate to schedule a free call with me here to deal with it.

17 Ways of Building a Six-Figure Business for Less Than $100

Are you broke or almost there? Or even in debt?
Do you have a business idea, but no money for the start-up?
Are you helping people, but don't know, how to monetize your gifts?

Then you are on the right place.

Today, I want to share with you this article buy Chris Guillibeau, who visited every country in the world and studied more than 1,500 micro-businesses.

In the intro Chris writes: "I wanted to hear from all kinds of businesses–both offline and online–to decipher what made them so successful. How did they get started? What helped them grow into significant, reliable sources of income? How can you increase odds of success?

After much effort, a small team and I narrowed down the case studies to a subset of 70 that I focused on for final analysis. All 70 people had created freedom for themselves: new income and a completely new way of life. There are formulas."

In this article on Tim Ferriss' blog, Chris shares a list of 17 most important lessons learned from that analysis.

I'm pretty sure, you can use a couple of them to start your own micro-business TODAY, that might change your whole life.

After you reed it feel free to share your ideas and questions in the comments.

Still reluctant? Schedule a session with me and let's talk!