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Add mechanisms that support (and accelerate) expansion to avoid the growing pains of scaling a business.
MY NAME IS EZRA!
I’ve created $185 million in revenue across three businesses in the previous six years while managing a workforce of over 150 people.
But it wasn’t always like that. I began my career as a sole proprietor, just like you.
I started my company in a tiny NYC flat, where I handled everything from marketing to support to fulfillment.
However, as the company and my team grew, I ran across several severe growing pains that prevented me from hitting the 8-figure mark:
Days can be stressful and chaotic.
Projects were chaotic and never completed on time.
I had no knowledge how to manage my company’s money or legal issues.
To put it another way, I knew how to promote smartly but not how to run a smart business.
All of that changed when I discovered that repetition is the key to scaling.
You can scale a process when you can repeat it with predictable results, whether you’re managing a new launch or onboarding your next ten workers.
You Can Benefit From Scalable Business Systems:
Prevent burnout.
The number one reason I see entrepreneurs fail is burnout. They overwork themselves and the company by doing too much for too long. If you want to achieve long-term success, you must master the art of employing people, teaching them to become specialists, and delegating jobs.
Attract top talent and reduce employee turnover.
A chaotic environment is bad for you, but it’s also bad for your team, which means you’ll have a hard time keeping employees, attracting the appropriate individuals, and getting the best out of your top performers.
Stop causing bottlenecks.
You’re not assisting your business if you’re bogged down in day-to-day activities like creating copy or responding to support tickets. You may get more done by doing less by learning how to efficiently establish teams and delegate work.
Limit Risk and Protect Your Business
As a business owner, you can do everything properly, but one financial or legal error can ruin your firm. Simple errors can cost you millions when scaling to 8 figures, but small discoveries can make you millions.
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Ezra Firestone – Smart Business Systems
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Ezra Firestone – Smart Business Systems
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