Structure Challenges As Your Business Grows

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Күн бұрын

What challenges can a solopreneur, a small business and a micro business face when trying to grow?
If running a business was easy, then everyone would have a mega-successful business - but unfortunately, business ownership isn’t for everyone and it does come with many CHALLENGES.
Some of these challenges can be so detrimental and can be a matter of life and death for the business!
But if you’re aware of what challenges can occur, you can plan for them. And I always say PLAN TO FAIL, even if you don’t fail.
The ability to plan for failure is what makes or breaks a business. Trust me on this one…
In this video, I list the many challenges that a solopreneur, micro business or small business could face when trying to scale. You’ll be surprised how similar they are to each other!
Don’t forget to hit that big red button if you haven’t already! kzfaq.info...
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If you missed the other videos in this series go watch them here:
🎬 Business Structure And Essential Functions For Micro Businesses | Part 1: Micro Business - • Scale your Micro Busin...
🎬 Business Structure And Essential Functions For Small Businesses Part 2 Solopreneurs - • Understanding The Role...
🎬 Business Structure And Essential Functions For Small Businesses | Part 1: Solopreneurs - • What Are Business Stru...
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Check out these other videos in similar areas of entrepreneurship:
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ABOUT ME
Hi! I’m Dr. Tamer Shahin, the Founder & CEO of CEO Entrepreneur, where we help small business owners scale their businesses, without sacrificing their lifestyle, wellbeing, or freedom. I’m also a Serial Entrepreneur, TEDx speaker, Executive Coach, Consultant, Author, Speaker, Investor, and now… I'm a ‘KZfaqr.’
I’ve grown several multi-million-dollar businesses from scratch. Some of these businesses were massively successful and others turned out to be catastrophic failures! Nonetheless, I picked myself up and learned a lot from all of my extraordinary success and catastrophic adversity.
Now, I’m taking everything I’ve learned and leveraging it to create this KZfaq channel and help people like YOU scale your business to astronomical heights. Each week, I’ll be sharing tactics, tips, tools, and insights to help transform you into a “cool as a cucumber” CEO.
*Disclaimer*
Results are not typical nor guaranteed. You are responsible for your own actions and decisions. Neither Tamer Shahin nor CEO Entrepreneur can be held liable for any results you may or may not get as a result of decisions you take during or after watching these videos.
#BusinessStructure #BusinessEssentialFunctions #MicroBusiness #CEOEntrepreneur #ScaleYourBusiness #HowToScaleYourBusiness

Пікірлер: 28

@CEOEntrepreneur 2 жыл бұрын

What are the top 2 challenges that you are having in your business right now?

@Trdorcas 2 жыл бұрын

From previous recordings am working on the strategy. Am done with the mission and vision

@RReck-ll4wf 2 жыл бұрын

My 2 challenges: Finding the right customers fit into my business (I think it is how to communicate outwardsl. And where to start with systems (to find the point with leverage). I still have my system for systems.

@boristekeusso746 2 жыл бұрын

My two top challenges now are: 1) finding an integrator to offload tasks. 2) Building a business strategy to navigate through the obstacles/challenges of a solo entrepreneur.

@CEOEntrepreneur 2 жыл бұрын

It’s great to identify these early on!

@samyaibrahim2156 2 жыл бұрын

Fabulous as usual. Your videos are better than any academic learning . I recommend it to top universities.

@CEOEntrepreneur Жыл бұрын

Thank you!

@boristekeusso746 2 жыл бұрын

Thanks @Tamer! I am about to launch my business this year. During my preparation phase I was already feeling overwhelmed without understanding why. Then, I discovered your channel and it explained where all my pains were coming from and what was ahead waiting for me. Thanks to you I am preparing a strategy to "navigate through the coming obstacles/challenges".... This channel is a game changer for me so far 👌

@CEOEntrepreneur 2 жыл бұрын

You’re welcome and thank YOU for your kind comment. Best of luck with your business.. what is it?

@timelesssuccess 2 жыл бұрын

I think David Baker pointed out that 95% of people aren't the irrationally self-confident people who can charge high prices right out of the gate. Everyone else has to start low and raise our fees as we gain confidence and competence. Its all part of the process!

@CEOEntrepreneur Жыл бұрын

Indeed it is. It’s just for most of us, this journey takes a lot longer than it should 😉😅

@daved5023 Жыл бұрын

Yup..

@daijardindd Жыл бұрын

Strategy...the big one...do you have a video on the subject on how to establish a great strategy? Love your videos..No B.S

@CEOEntrepreneur Жыл бұрын

Thanks your comment and kind words. Have you seen this video yet? Why you NEED a strategy for your small business kzfaq.info/get/bejne/aa6qppCnvpnNj2Q.html ?

@pigversity Жыл бұрын

Thank you very much, Dr. I'm learning as much as I can from your channel. Keep more coming as I'm taking my MBA right here

@CEOEntrepreneur Жыл бұрын

You're welcome! Glad the channel and content is helping you

@Trdorcas 2 жыл бұрын

I listen to you and at times I laugh at myself 🤣 the mistakes I do but am glad am learning and you give solutions

@CEOEntrepreneur 2 жыл бұрын

🙈 don’t worry. I’ve been there too!

@samyaibrahim2156 2 жыл бұрын

Thanks

@CEOEntrepreneur Жыл бұрын

You’re welcome!

@deepakgaur187 2 жыл бұрын

Awesome Always

@CEOEntrepreneur 2 жыл бұрын

Thank you!

@tdkyyyy 2 жыл бұрын

Love your Videos. They all packed with golden insights within the short time frame. When I first started watching your video last year, I overcome the hurdle of hiring someone to help me instead of doing everything by myself and delegating. Now the team is growing to 2 full timer and three part timer, I find myself Disorganized in managing them. I don’t like that feeling, but don’t know how to get out it. Help!! Please! My second challenge now is the quality of employees. I call it my employee 2.0. I know if I am at employee 5.0, my business will be considered successful in my mind. At the moment, I am struggling with needing more quality staff, but can only hire staff I can afford. I am waiting for the business to grow more, but in the meant time, I feel more quality staff can help me grow faster. How do I do to get out this circle? Thank you so much🙏🙏

@CEOEntrepreneur 2 жыл бұрын

Thank you for your comment. Sony worry. This is normal and I hear his a lot. The trick is to 1) focus on cashflow so you can stay in business as you learn through the mistakes you make and 2) try to get processes documented so it’s easy for others to follow so that the work can always be at the same expected standards. Plus of course all the other stuff such as strategy and the likes but let’s focus on one thing at a time. Btw.. Best of luck! Btw…We are planning to develop a programme later this year that is for early stage businesses (The Firestarter Programme we currently have is for scaling from six figures). Would be interested to know what you would potentially like to see in a programme like this?

@tdkyyyy Жыл бұрын

@@CEOEntrepreneur yes, I hear you.We started working on how to systemize the business, one step at a time, and also focusing on marketing and quality advertising. Strategy, yes, realized how important it is, learning also how to run business like a boss from top down instead of bottom up. Would definitely interested in the fire starter program. Please keep me posted.

@knucleballfreedom 9 ай бұрын

It has been a year since your comment, how is business and your path to better employees and systems? When I read your statement of "grow faster" I could not help but think of what you may have meant by "Profiting faster/more" Is your focus on growth or profit. Hope all is well.