There's a very real chance that your business may fail as it begins to grow. That sounds counterintuitive but it's not. Handling 
growth and the changes that come along with it is THE one critical survival skill for business owners. For small business owners who are used to bootstrapping everything the danger of crashing and burning is very real.
You might ask why your business may fail right when it's starting to make more money. This 3-minute video lists several reasons that all fall into mindset changes and personal development for business owners. Take a look and see if you recognize your habits.
Watch this:
I talk more about what it takes to have the solid ground needed to grow and keep a business going in this video, too. And you can find more about developing your business owner and leadership skills by reading this blog post. But meanwhile, I'd love to hear what you think about why your business may fail as it begins to grow. Do you think that's a possibility? If so, it's time fix that now!
Sue I think the word “systems” is key. I really agree with what you have to say here including the need to be able to hand off as you grow.
Sage advice about delegating, business systems and letting go of doing it all yourself – the old time versus money and asking for help mindset come up for many women in our leading ladies groups (and in my own)
Thanks for shedding a light on needing to build your mindset too!
Control freaks should watch this video!!
Sounds like a great way to start out the New Year!
Thanks for the reminder that you have to have a willingness to delegate. When you’re used to wearing all the hats all the time it’s not always easy to let go.
SUCH a good point, Sue! You have to do DIFFERENT things to be successful at the next level than what you do at a smaller level. <3 Katherine.
This blog post really hits home for me and it’s where I am right now. I think I may need some coaching from you on this. I really need some help in this area as I get busier and busier
Hi Trudy – anytime, just let me know. 🙂
Hi Sue! It can be challenging to grow and prosper as a new business and I can see how new businesses can fail even when they start growing. One of the challenges I’ve had is having the money to invest in my business for the things I know I need as my business starts growing. It can be challenging to ‘be all and do all’.