You’ve been working, planning, making connections, and streamlining your finances. After all of that, your business is growing faster that you expected. That’s great news, right? You have a workflow; you have a plan. So, why do you feel like you’re in the weeds all of the time? Everyone knows that entrepreneurs are some of the hardest working folks in business, but—listen up, this is important—you are only one person.
Growth is hard! When an entrepreneur experiences growth, it can feel like carrying the weight of the world on your shoulders. One person can no longer fulfill every role. You need more support, but it can be difficult to determine how much support you need. Anyway, who has the time to hire and train?
The truth is that if you want your business to continue growing, you are going to have to make the time. Just like the old adage says, “it takes money to make money,” you need to invest in support staff.
There are four easy ways to determine the amount and type of support you need:
- Pinpoint the reason for the growth. Perhaps you got a big client, launched a new product, or are so good at what you do that you are overwhelmed with referrals. Determine what caused the growth before you take the next step.
- Sketch out your current needs and what the next level looks like. How much support do you need right now? At what point will it max out?
- Gather a support team. You’ve pinpointed the reason for the growth and sketched out your current needs. You know what you want to hire for right now. Look for someone that can support you at the next level. Take this step very seriously. You are not looking for a temporary solution. Carefully select the players so that they can grow with you. The people you hire will comprise your team, and they will need to clearly understand each role and what is expected.
- Systematize your process. Having procedures in place helps your workflow become more consistent. You might have survived the early stages of entrepreneurship by pulling up your bootstraps and running out there, guns blazing, but the Wild West approach to entrepreneurship does not work in an organization. You’re going to have to learn to love checklists.
You’ve got the knowledge and tools to get it done. Put down that six-shooter. It’s time to give up the Wild West and become what you have been working toward: a successful organization with clearly defined policies and projections that can handle the next growth spurt. Trust me, another one is just around the corner.