I have written multiple times about selling my previous company and starting a new endeavor. Often times with starting this new endeavor, I feel like I need to start growing right away, to get it producing like the company I just sold. I have to remind myself daily of the process I took in my first business and the time it took, to grow it to the size it was, when I sold. I have time to do the same thing with the new business I am starting and I need to remind myself of that.
So, over the past few weeks, after our mastermind retreat where it was all about growth and hiring, I decided to not rush into anything. We have nothing but time. We are going to grow as the company develops. If we need to add an employee or a couple employees because of demand, we will do so. However, that is not our goal or focus. We are going to provide value, grow naturally, and be patient with the process.
This does not mean we are going to slack off or inhibit growth. We simply want to grow as the demand comes and not force our growth. We are doing this to build a strong foundation within our company, allowing us to survive the inevitable turbulence, that lies ahead for small business owners. After all, I am 27 and my brother is 29. Unless there is an unexpected tragedy, we have nothing but time to perfect our craft, bring value to our customers and team, and build a strong foundation to place our company on.
Now it is time to work with a purpose and grow naturally. It is more important for me to be around in business and still growing in 20+ years, than it is to make a quick dollar by trying to force growth. The longer you can be in something, tends to have exponential growth. Look at Warren Buffet, he gained the majority of his wealth, around 97%, after he was of retiring age (65). Which helps support the case, the longer you can be in the business, the greater likelihood a company has for exponential growth.
I look forward to what the future has to hold for us.
Your life Tutor