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Decide What You Are

You’ve laid some great groundwork for your business, and that is critical work. Well done! However, based on your score, something is still missing from your approach. At this stage, it might feel like your business owns you. And when you’re so tied up in it, failure can be a scary proposition. That is, of course, if you only consider yourself a simple business owner. If you consider yourself an entrepreneur, you should embrace failure as an opportunity to grow and scale your business. 

Failure is a result of action, and in business action is usually better than stasis. That’s not to say you should be reckless—calculated risk is everything—but paralysis by fear is one way to make failure permanent. So, decide what you want to be: a business owner playing it all too conservatively and incapable of growth, or an entrepreneur who takes risks that could fail (but teach you a lot along the way) but could pay off and make your business soar? 

If you consider yourself an entrepreneur, these questions are of immediate importance for you: 

  • Are you content with your quality of life? 
  • Do you think you have work-life balance?
  • What is your dream workday?
  • When was the last time you took a risk, and how did you handle it?
  • How do you handle failure? 
  • Are there any small failures you’re willing to accept to facilitate broader growth goals?
  • Do you need to hire a business coach? 
  • Do you have the support you need to achieve your goals?

Once you’re clear with yourself on those points, look inward at your business. Are the systems you’re using to operate resilient enough to handle risks? When you take the time to systematize your processes, you make them predictable, repeatable, and scalable. Essentially, you add a layer of control to a chaotic environment that enables you to take risks, go after what you want, and maybe come up short, but you can do so with the confidence that you and your business will survive. 

To learn about the proven strategies used by Tony DiSilvestro to scale his own businesses and that you can use to scale yours, take a look inside his book The Business Scaling Blueprint: Building a Foundation to Grow Your Brand.

If you think you need a more hands-on approach or that your company needs to learn about its growth potential directly from a proven authority,  reach out to Tony today!

For Tony’s latest thoughts on what it takes to build a scalable business that doesn’t own you, check out his podcast.