In order to take the leap from entrepreneur to an enterprise, you must be willing to tear the pieces of your business apart and reconstruct them at a higher level that drives your growth.
You must be willing to get out of your comfort zone and jump. Sure, it is scary, but these strategies will help you separate real fears from imagined ones, assess them carefully, and ultimately choose growth over staying still.
The Five Components of the SCALEit Method®
There are five components that are central in scaling your company: strategic vision, cash flow, alliance of the team, leadership, and execution.
S – Strategic Vision: Knowing where you are headed is crucial in order to figure out how to get there, yet most business owners don’t have a clear destination in mind and — as you might imagine — this is a big reason why they flail about instead of remaining steadily on course. Your strategic vision — or “Big Picture Vision,” as I call it — is your personal Yellow Brick Road to the Emerald City. It is the inspiration that keeps you determined and moving forward, regardless of the obligatory rejections and brick walls you will face. Creating the right Big Picture Vision is the key to being able to successfully scale your business.
C – Cash Flow: Think of cash flow as the life force of your company. It ensures you are breathing and pumping blood to the core systems of your business so that they will thrive and grow. You must build a revenue-driven process that creates cash for your business on a daily basis.
A – Alliance of the Team: You, as the leader, are the visionary. It is up to you to attract and surround yourself with creative talent and how-to experts who can transform your vision into reality. That includes taking the lead to build a culture that aligns your team with your Big Picture Vision and feeds off your passion and energy.
L – Leadership: Guiding your team along with you on your Big Picture Vision journey means you must become the best possible version of yourself. If you want to expand your business by fifty percent, then you must grow personally by at least sixty percent to be able to attain that station, carry the weight, and then have the emotional, physical, and intellectual reserves to lead. Your own personal growth fuels the courage necessary to lead this mission.
E – Execution: Action is where all of your magic comes to life. Action is where you apply and perfect your Big Picture Vision so you can leap higher and higher in both profits and impact. Action, not perfection, is the true measure of how well you executed your best-laid plans. Contrary to what most entrepreneurs believe, miscalculations, mistakes, and course corrections are among the largest assets in your business. Failures are never really failures; they are doorways into much better things, if you react properly to them.
Here’s the deal. To get out of nowhere land, you must upsize your strategic practices, implement new marketing strategies, find new ways to build your team, and expand your mindset to break through whatever is keeping you stuck at the same level. You must believe in the deepest part of your being that you can build your enterprise, regardless of whether or not you know exactly how to get there at this moment. Then, you must be willing to take the leap into the giant unknown — to make your impossible possible.
Now, it’s time for you to develop the structure, systems, roadmap, and mindset you need to propel you to the next level of growth. Once you let go of what is no longer working and what’s holding your organization back, you will be able to enter into a whole new world of remarkable opportunities.
Source: Swaay.com
