Business
You can wait to fall into the common traps that will make your business struggle and stifle your growth, or you can learn from the mistakes other entrepreneurs have already made. In this episode, Chris shares the eight big mistakes he made when scaling his first company. You’ll learn what you need to avoid when it comes to hiring and training a team, how you need to spend your day as the CEO of your business, and what you need to do to ensure you’re built to grow. Chris also digs into specific exercises you can try in the next year to see how they impact your organizational structure and profit. You don’t have time to run into these expensive problems yourself. Take time to prepare yourself today so that you’re not slowed down tomorrow. “The speed at which we grow is directly determined by how fast we can learn lessons and then systematize those lessons so that we're not doomed to keep repeating those lessons over and over again.” -Chris Guerriero In this Episode: - Why you need to avoid software cycle so you can focus on your zone of genius - Are you hiring used or new? Find out what Chris learned the hard way about bringing in talent - Why you need to focus on training leaders instead of building teams - The biggest mistake you can make with your employees that will destroy your team’s culture and trust - The one thing you must measure in your business (hint: it’s not revenue) - One exercise you need to do in the next year to improve your organization and increase your revenue - How to effectively study your competition so you can differentiate yourself and your company - How to seek advice from mentors at each stage of growth so you can scale faster and more effectively Resources: - Part 1 of the Board Series: How to Start and Manage a Board of Directors: https://i.ytimg.com/an_webp/HnPzV9taltk/mqdefault_6s.webp?du=3000&sqp=CMqRvO4F&rs=AOn4CLAreo99-a_nuiyHHqi-e6kPN7oRxw Connect with Chris: - YouTube: https://www.youtube.com/channel/UC08IA_CVgpA2dwTNB3mnw9A - LinkedIn: https://www.linkedin.com/in/chrisguerriero/ - Twitter: https://twitter.com/ChrisGuerriero_ - Instagram: https://www.instagram.com/chrisguerriero_/?hl=en - ChrisGuerriero.com: https://chrisguerriero.com/