I work with many people who are running their own businesses. Those businesses are growing and they’re now expanding beyond that initial very manageable place. What happens when a founder reaches the threshold where she stops just having a grand purpose and now has to actually run a growing business?
Here are a few issues I commonly hear from my founder/owner clients who are at that tipping point.
What you’ll learn from this episode:
- The importance of having accountability structures in place.
- Understanding that not everybody will have the same level of commitment that you do and that’s okay.
- The necessity of keeping your finances and earnings separate from the agreements you’ve made to compensate your employees. Their pay should not be contingent upon your success.
Featured On The Show:
- I’m going to do another podcast on a similar topic. I’ll discuss how founders often have certain players and they modify the game based on the players they have instead of defining the game they have and finding the right players.
- I would love your feedback if you’re a founder or owner of your own business. Please email me at firstname.lastname@example.org and let me know. I’d also be interested to hear other topics you’d like me to discuss on upcoming podcasts.
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