SUPPORT INNOVATIVE IDEAS FOR COMPANY GROWTH WITH THE SCALEit METHOD™
As I’ve said on numerous occasions, scaling a business is no easy task for small business owners and entrepreneurs. The road to expansion is bumpy and riddled with mental and strategic pitfalls that cause revenue bottlenecks and expansion headaches.
Relax. Take a deep breath. Below you’ll discover a “Signature Roadmap of Scaling” that can guide you toward your achieving your goals and dreams and help smooth the asphalt along your scaling journey.
DON’T “WING IT”—SCALEit!
There is no reason for you to feel like you are in a chaotic fog as you grow your business. Sure, at times it will get messy and occasional failure is part of the grind, but you can get through the morass by following the five simple steps to achieve scale in the SCALEit Method™.
Through this business coaching process, you will learn to multiply your growth across a variety of assets, including:
- Retaining and recruiting the best talent;
- Creating a collaborative, efficient, and satisfying workplace environment;
- Developing new products and services and/or building your core customer base;
- Producing an ever-flowing stream of cash flow with consistent profits; and
- Building a business that has deeper meaning for you—and one that can impact the world in a positive way.
You can back up your innovative ideas for company growth with a method used by so many small-business owners to reach the next level of success!
THE FIVE COMPONENTS OF SCALE
In future blog installments, we will delve in greater detail into each of the five components of the SCALEit Method™. For now, here is a breakdown of the steps to achieve scale:
S: STRATEGIC VISION
Knowing where you are headed is crucial to figuring out how to get there. Yet, most business owners don’t have a clear destination — and this is a big reason why they flail about instead of remaining steadily on course. Your Strategic Vision—or “Big Picture Vision”—is your personal Yellow Brick Road to the Emerald City. It is the inspiration that keeps you determined to put new ideas for company growth into place and move forward, regardless of the obligatory rejections and brick walls you will face.
C: CASH FLOW
Cash flow is the life force of your company. It ensures you are pumping blood to the core systems of your business so they will thrive and grow. You must build a revenue-driven business that creates cash for your business on a daily basis. Applying SCALEit cash flow practices will give you the vital funding you need to invest in your Big Picture Vision.
A: ALLIANCE OF THE TEAM
You, as the company 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. You need to take the lead to build a culture that aligns your team with your Big Picture Vision and feeds off your passion and energy.
Guiding your team on your Big Picture Vision journey means you must become the best possible version of yourself. If you want to expand your business by 50%, then you must grow personally by at least 60% to attain that station, carry the weight, and then have the emotional, physical, and intellectual reserves to lead it.
Execution, or taking action, is where the magic comes to life. Action is where you apply and perfect your Big Picture Vision, implementing your innovative ideas for company growth so you can leap higher and higher in both profits and impact. Contrary to popular belief, perfection is not the true measure of how well you executed your best-laid plans. Miscalculations, mistakes, and course corrections are among the best assets in your business.
SCALEit!—OR YOU’LL KEEP RUNNING IN CIRCLES
To get out of scaling nowhere land, you must upsize your strategic practices, implement new ideas for company growth, find more ways to build your team, and expand your mindset to break through whatever fog is keeping you stuck at the same level.
I believe that you can achieve your dreams—and you will. Simply follow the implementation steps of the SCALEit Method™ in my next few blog posts and you will fulfill a vision greater than you ever imagined.
SCALEit!—OR YOU’LL KEEP RUNNING IN CIRCLES
Ever wonder “What are some innovative business ideas?” The following can all be jumping-off points for a new strategy or a potential opportunity to discuss with our business coaches:
- Invest in CRM: Customer relationship management (CRM) software gives you deeper insight into interactions with the people who buy your products and services.
- Automate processes: You can hand off important but tedious and repetitive manual tasks to software designed for the job, saving you valuable time to focus on more complex issues.
- Focus on the customer experience: Look for every opportunity to reduce friction in the buying process and when customers use what you have to offer. CRM can provide some valuable insight here!
- Hire top talent: Bring the best possible team members on board.
- Deliver great customer support: Make it as easy as possible for customers to get the information and guidance they need, when they need it.
- Provide product training to your employees: Empower your staff to be experts on everything your business offers.
ARE YOU READY TO SCALE YOUR BUSINESS?
Start working smarter, not harder! Download our 17 Ways to Scale Your Company Fast. This includes a free download and as well as a video training with Pinnacle CEO Allison Maslan!
Want to take advantage of expert coaching to take your business to the next level? Contact us today!
Allison Maslan, CEO of Pinnacle Global Network, is the Wall Street Journal Best Selling Author of Scale or Fail, which is endorsed by Daymond John and Barbara Corcoran of Shark Tank. Allison’s built 10 successful companies starting out at age 19.
Now she and her team of CEO Mentors pay it forward by helping business owners scale their companies, fast-track their success, and create a more meaningful life. Pinnacle Global Network, a world leader in scaling companies and empowering business leaders has guided thousands of CEO's and Founders to success over the past decade. Allison’s been featured in Inc., Success, Fortune, Fast Company, and Forbes Magazines, is a regular contributor to Entrepreneur Magazine, and a featured expert on ABC, CBS, NBC, CNN, and Fox across the US. She is also the host and producer of The Scale or Fail Show podcast, and the Women Who Own it Podcast in partnership with WBENC, the largest certifier of women-owned businesses in North America.