The Problems Get More Expensive

4 Thoughts

  1. Success creates different problems.
    Getting the business working doesn't mean the questions disappear. The questions change.

  2. Revenue doesn't automatically create certainty.
    You can build a successful company and still face decisions you've never made before.

  3. Experience becomes more valuable as the stakes increase.
    A mistake on a bigger decision can become an expensive lesson.

  4. Your network should grow with your business.
    The people you needed when you started may not be the only people you need for what comes next.

4 Lessons

  1. Don't confuse success with knowing everything.
    Nobody has experience with every situation they're going to face.

  2. Build relationships before the big decision arrives.
    It's a lot easier when you already know who to call.

  3. Get another perspective before making expensive moves.
    Someone with relevant experience may see something you've overlooked.

  4. Pay attention to more than the operating business.
    As you grow, conversations around investments, partnerships, taxes, health and wealth become part of the bigger picture too.

4 Challenges

  1. Think about the biggest decision sitting in front of you right now.
    Do you actually know who you'd call for perspective?

  2. Look at your network.
    Has it grown alongside your business?

  3. Identify one area where you're still figuring things out alone.
    Who has experience there that you could learn from?

  4. See what business owners inside the Deal Maker Alliance have to say.
    Read their experiences and get a better idea of what being around the right people can look like.

Quote of the Week

"If I have seen further, it is by standing on the shoulders of giants." - Isaac Newton

The funny thing about growing a business is you don't eventually reach a point where you know everything.

You just start dealing with different questions.

And when those questions involve bigger opportunities, more money and decisions you've never made before, knowing the right person to call becomes pretty freaking valuable.

You can learn every lesson yourself.

Or you can get around people who've already learned a few of them for you ;)

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