When starting your company, you probably heard that there’s no ceiling when it comes to business success. The sky is quite literally the limit, and there’s nothing stopping you from growing your company into an international phenomenon. That is what drams are made of.
Whilst it would be great to imagine this is the case, the truth is that is something putting a limit on your business growth…, that’s YOU!.
Recognising Your Limitations
In life, we’re shaped by our experiences. We use these past experiences to create values for our present existence. Our current practices are very much developed as a result of our experiences when growing up, and even our attitude towards business is a direct result of our past.
However, this past influence can be problematic. It can determine how you manage your team. It can dictate how you approach risky situations, and how you deal with crisis. Your past experiences can influence how you view a situation and how you tackle obstacles. In short, they govern pretty much every aspect of how you manage your company.
Many of our past experiences provide us with a certain level of business acumen, entrepreneurial skills and expert knowledge. But it’s important to realise that you may well be limiting the growth of your company, just by virtue of being yourself.
Overcoming the Limitations
Every single successful entrepreneur has managed to overcome this limitation in order to get to where they are today. Here’s how you do it.
1. Surround yourself with ‘achievers’. In business, it’s not a good idea to be a control-freak. Work with people who excel in areas that you do not. Hire those who have the ability to work on an aspect of your company that you struggle with. Surround yourself with smart, inspirational people, who will work with you to take the business further.
2. Outsource. Don’t be afraid to hire external people to bring new skills and expertise to your business. In fact, see it as a great opportunity – a chance to utilise their talents without having to invest in the cost of a full-time salary. You’re literally paying for what you need, nothing more and nothing less.
3. Delegate. Remember, not every task needs to be personally overseen by yourself. Put trust in your team, and allow them to show you just what they’re capable of.
Get Someone Who can Help
If you’re ready to grow your business but don’t want to hire a full-time person to manage it, then a great alternative is to hire a business coach. A business coach will work with you to help you develop more effective ways of running your company, and they’ll focus on increasing your turnover.
By hiring a business coach, you’ll get to achieve a lot more with your existing resources. If you’d like to find out about my services and how I can help your business to grow, simply contact me today.