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Successfully grow you business

Successfully grow your business

Looking to scale your business? Many leaders rightly focus on improving their systems and teams, but you must also scale yourself to meet the new demands on your time and attention. 

There are three fundamentals to successfully growing your business: having a clear organisation structure, having comprehensive systems, and developing great leadership. 

Many leaders focus on their systems and teams when looking to scale, which is important, but they must also focus on growing themselves. 

This article focuses on growing great leadership skills:

Most reasons why businesses fail, directly and indirectly, point to leadership failure. 

From poor planning to poor hiring, poor delegation, poor communication to poor process, poor capacity to poor execution – most things can be fixed with great leadership. 

Scaling the business will make new demands on a leader’s time and attention and it’s critical that these are both focused on the right things: 

1. Planning. 
Setting a clear vision and relevant business goals, regularly reviewing progress, and resetting goals to drive performance improvement. 

2. Inspiring. 
Motivating others to achieve more than before; showing them their potential to make an impact. 

3. Empowering. 
Enabling your team to find their own solutions by guiding them with your support, trust and encouragement. 

4. Culture. 
Demonstrating allegiance to the team and standing for the business’s core values. 

5. Innovating. 
Continuous improvement in people, product, and process. 

6. Personal growth. 
Developing and supporting your future leaders with mentoring and guidance. 

Great leadership is about influencing others in the direction of a common goal. 

While there can only be one leader of a business, there are several departments that need individual leaders. People can lead multiple departments initially but, as the business grows, should look to empower others and delegate the leadership of some departments.

In the book “The Emyth revisited” by Michael E.Gerber he talks about creating an organisational chart and giving each job a job title and a job description. Your name may be at the top of these at the beginning but as you scale these are the roles you will need to recruit for. It is important that you understand your strengths and grow as a person, so you can delegate effectively. 

On a scale from 1 to 10, how well do you rate your performance on the above six categories? Where can you scale your leadership? Need help? Get in touch. 

1. Book a call with me: https://debbiebaileymoney.co.uk//contact-us/

2. Download our free guide on “7 mistakes to avoid – to stop your fitness business running out of cash” https://debbiebaileymoney.co.uk//fitness-ebook/

3. Download our free Coronavirus support guide: https://debbiebaileymoney.co.uk//coronavirussupport/

4. Connect with me on social media:

https://www.linkedin.com/in/southbourneaccountancy/

https://www.facebook.com/debbie.hancockSA

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Business tips

What does Coronavirus and hair have to do with mindset?

What does coronavirus and hair have to do with mindset?

During the lockdown I am sure you have either complained about your hair or seen other people sporting some home cuts on Zoom. The point is that you wouldn’t normally notice how fast your hair grows. As it is constantly growing a tiny amount at a time, so small and insignificant you don’t notice it from one day to the next. However, during lockdown we have all noticed how much our hair has grown, we can see what a difference those tiny changes each day makes. 

Our success in life depends largely on our mindset. If you are chasing “get rich quick” schemes or giving up after a few weeks of effort you will never reach that end goal, the big dream. You will give up just as you are about to reach the peak.  

Those that succeed make small progress every single day, if you can do the same thing every day you will begin to see change. It may take 6 months, but you will be reward for taking positive action. Have you considered the compound effect of making small changes each day? How an extra 1% a day can cause a compound effect on your results? 

It is like a snowball. It starts off small but keeping building that snowball and then push it down a hill….it will grow and grow and grow.  

Don’t always aim for those massive changes which scare the pants off you, work on something small every day and you will see momentum and your confidence will soon be flying. 

Do you need perspective on how you can work smarter? We can help! 

1. Book a call with me: https://debbiebaileymoney.co.uk//contact-us/

2. Download our free guide on “stopping your fitness business running out of cash” https://debbiebaileymoney.co.uk//fitness-ebook/

3. Download our free Coronavirus support guide: https://debbiebaileymoney.co.uk//coronavirussupport/

4. Connect with me on social media:

https://www.linkedin.com/in/southbourneaccountancy/

https://www.facebook.com/debbie.hancockSA