How to Tackle Business Growth Challenges Like a Pro

TRAVEL THE WORLD ON $15
Why I DON'T BELIEVE IN AFFILIATE MARKETING
TEN THINGS I ALWAYS HAVE IN MY SUITCASE
NOW TRENDING...
We're Selfmade!

Selfmade is a membership geared at giving women the tools, resources, community, and coaching they need to launch and grow their businesses. 

Photo by Luke Chesser

Business growth comes with its own set of highs and lows. Sure, growth means more customers, bigger revenue, and a stronger brand. But, let’s keep it real; there’s also the anxiety of waiting for ROI on heavy investments, potential loss of control, and the risk of stretching your resources too thin. So, how do you know you made smart moves as you dive into the exciting (and sometimes tricky) world of business growth?

When you’ve got a business up and running…the next step is exploring how to make your small business digital ready. But if you’re hitting a wall when it comes to scaling, guess what? The biggest roadblock might just be your own mindset. 

Tweaking your thinking can help you tackle those expansion challenges and take your business to the next level. And when you’re feeling disheartened, just remember – some of the most famous brands today came from small businesses.

Here are 5 ways you can shift your mindset to help you scale your small business.

🧐 Ditch the Fear of Failure

Scaling up means taking risks, but being scared of failing can freeze you in your tracks.

Mindset shift: See challenges as chances to learn and grow. Celebrate your small wins and keep moving forward, even if things aren’t perfect.

🧐 Get Out of Your Comfort Zone

The familiar routine of running a small business can feel safe, but sticking to the same old ways can hold you back. Embrace change: Be open to new ideas, tech, and business models. Encourage your team to try new things and innovate.

🧐 Drop the “Solopreneur” Mentality

Running everything yourself can only take you so far. It may be time to empower your team. Delegate tasks, trust your crew, and invest in their development. A strong team is key to growing your business.

🧐 Think Long-Term

It’s easy to get caught up in the day-to-day grind, but without a big-picture plan, growth can be chaotic. Think strategically. Create a clear vision for your business’s future; set long-term goals; and break them down into actionable steps.

🧐 Don’t Be Afraid to Ask for Help

There’s pride in doing it all yourself, but sometimes you need outside expertise to grow.

Seek mentorship or connect with experienced entrepreneurs and other business advisors for guidance. Consider outsourcing tasks to free up your time and resources.

Many people equate growth with going or having a more “corporate” feel or structure. Newsflash: Growing your business doesn’t mean losing its soul. 

Adopting a growth mindset helps you scale successfully while staying true to the values and culture that make your venture special. Challenge your limiting beliefs, take calculated risks, and watch your small business transform into something amazing.

Need more guidance in planning the trajectory of your business growth or navigating the growth challenges at this stage of your entrepreneurial journey? Book a mentor session today!

Not yet a member? Try Selfmade free for 7 days.

July 30, 2024

Emily Oberman

By:

Recommended