Scaling is one of the most uncomfortable things you’ll ever do, because you have very little control. You only have influence. The owners who accept that build companies. The ones who can’t give up control stay the bottleneck forever.
@officialchadpetermanTranscript
owner has the day when they realize I'm the bottleneck. We've all been there. We're fighting to grow this company and yet we're not seeing the results. And when we take a step back, it's potentially because we're wearing so many hats or worse yet, we don't trust in those around us to carry out their duties. Now, how do we combat that? Well, the first thing is is documenting your processes and procedures, verbalizing expectation, letting everybody know that this is how we're going to operate and then empowering those people to carry that out all while checking to make sure that things are getting done. Trust, but verify. Again, you can't do it all. The biggest mistake I see with most owners that we coach is that they do not trust the team around them and they don't want to give up control. Scaling a company is one of the most uncomfortable things you will ever do because you have very little control. You only have influence. How are you going to support the the people around you to grow the company that you know you're capable of growing.
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