Episode 19: The Right Size For Your Business

Scaling A Business 

When it comes to scaling a business, it is sometimes hard to know when the right time is to scale. Some indicators of the need for a scale up can be determined within your market or based on the schedule, etc. Once you have determined that you think it is time to look into scaling a business, you may be wondering how to scale. In some instances, especially when it comes to owner-operator trades businesses, you may have tried a scale up and it failed. But, that doesn't mean it can't be done. What went wrong? What did you put into place before beginning your attempt to scale? Have you considered franchising?

In this episode, we are discussing how to know what the right size is for you business, how to determine when it is time to scale a business, how to know when growth is not right for your business model, and how to get help scaling! 

Episode Breakdown - 

00:40 Different Sizes Of Trades Businesses

01:55 Life Of Owners At Stages

04:33 Wearing All The Hats

05:55 How Do You Know It’s Time To Scale?

08:35 Uncertain Of Unknown

10:27 What Does It Take To Get To The Next Truck?

12:25 What To Do First

13:10 Foundation = Desire & Hunger

14:03 Parable Of The Pipeline

15:42 Becoming A Leader

16:36 Teach The Pipeline To Others

17:18 Looking At Final Result Vs. Work

18:57 Knowing When Growth Isn’t Right Fit

22:00 Removing Fear

26:19 The Right Size For Your Business

29:00 Thinking Past What’s In Front Of Your Face

31:19 Don’t Get It Perfect Before You Hire

33:10 Tried To Grow & Failed

35:25 Get A Coach/Mentor/Buy A Franchise

37:05 A Different Path – Blue Collar

38:15 Franchising Success

39:45 Third Truck In Year 1

41:00 Franchise Removes Fear

42:00 But… It’s Not Easy

46:00 Vision Of Growth Beyond The Growth

49:35 When We Realized We Needed To Grow

53:54 Keeping Good Tradesman Through Opportunity

55:22 Laid Groundwork For Franchising