So you look at a grow your business? I love it. I'm all about business growth. In
this video, I'm going to share a few things that have made my path to
business growth just a little bit easier. Stay tuned.
Growth can mean a lot of different things, Does it mean locations? Is it more
people? Is it more Sales? I'm going to assume that you're saying more sales which
ultimately I'm assuming you want to equal more profit, right? So, if we're
talking about sales and profit then it's gonna really come down to one main thing.
Is customers and how are you gonna get more customers.
But before you run and just try and throw money at marketing and leads and
sales people. And/or just yourself go out there and bring in more business, I
really recommend that you think about this: Someone told this to me once it
really stuck with me. They said, "Joe, you need to grow inside
before you grow outside." That really stuck with me and I can't tell you how
important that's been. And I'll explain what that means so don't worry. What I
mean by that is you have to focus on people process and obviously profit. If
you don't the right people, you don't have the right processes in place, then
it's going to be extremely difficult to grow. You might be able to bring in more
but you might wind up making less profit. If you don't have the processes and the
people to handle all that increased volume. To make this easy, break your
business out in 3 different chunks. Sales and marketing operations and
accounting. It makes it a lot easier if you focus on these 3 different areas
and then the processes and the people that you're going to need in order to
increase your sales, book that business and earn more profit. So sales and
marketing, that's pretty clear. What are you gonna do for marketing and who are
going to handle those sales. Operations depending on your business. That can be
in a number of different things. It's all the mechanics and everything that will
go on in order to help get that sale complete. And then accounting, is the
bookkeeping, the payroll the account receivables, the accounts payables.
Someone needs to manage that and it shouldn't be you. If you're really
looking to grow your business, it's impossible to do it all. You can't do it
all. You're going to need to build a team of people that can help you accomplish your
mission. Which leads me to my next thing is delegation. To really grow your
business and to be a better leader, a better business owner. You got to get
really good with delegating. And delegating out every task that you
shouldn't be doing. I'm sure there's plenty of things that you're thinking of
right now that you'll probably say to yourself, "There's no way that anyone can
do this only. I can do this in my business." I challenge you right back and
I say that you're wrong. Everything that you do in your business, you can train
and teach someone else to do or hire someone that's been there and
done it before and could probably even do certain things better than you can.
And if you're really looking to grow, it's going to usually take money. Whether
it's money in marketing, whether it's money in infrastructure. Whether it's
money in people. Whether it's money in a bigger better location. Whatever it is, it
usually is going to take money. Make sure that you're reviewing your finances and
ensure that you have the right amount of money in order to do so and can handle
the increased expenses that you're about to take on. And defiances are the only
thing that holds you back and you truly believe in your growth planning your
growth strategy. And you see the opportunity in your business then don't
let capital or money be would hold you back from growing. There's a number of
different business financing options that are available today for small
business owners. And you need to get that right financing in place. Financing is
actually a great thing and utilize the right way can be instrumental in growing
your business. As we wrap up here I'm going to leave you with one last thing.
And that's fall in love with the process. Building and growing your business is a
process. Building a successful company does not happen overnight. So, fall in
love with the process of building your company. I know it's not easy. I know it's
hard and I know at times it can be extremely frustrating. Late nights,
sleepless nights. But if you focus in the right areas, put the right people in
place, build out the right systems and the right teams. You can build whatever
it is that you'd like. Get focused and stay committed. And again, if financing is
the only thing that's holding you back from growing your business, then check
out the link below. My company National Business Capital And Services has helped
small business owners all across the country obtain 1 billion dollars now in
financing in order to help grow their businesses. My team and I would love to
help you obtain the right financing that you need in order to help grow your
business. Thanks for tuning the Grow By Joe. If you enjoyed my video, make sure to
subscribe to my channel. And please I'd love your feedback, I love your questions.
Make sure you comment below. I wish you nothing but success and growing your
business. Knock it out of the park. All the best and take care.