Why You Shouldn't Innovate, Right?

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

"The only way you can beat that person at their thing is if they start screwing it up, which is very common," he says. "You want to rethink all of the assumptions that this person who is currently leading has made and then quite often there's a new paradigm or a new philosophy [that] enables you to make a product that's superior" He adds: "To innovate it takes an extreme amount of attention, energy, time and focus."

Scaling a business is an awesome topic, cleaning up the mess and paying back the debt from scaling is not. This is a tricky thing to balance. Most entrepreneurs get it wrong. If you don't grow fast, a competitor might overtake you —but— grow too fast and you'll make a mess and accumulate too much debt for the company to get out of. Finding the perfect balance between these two extremes is an art-form that lies at the core of an entrepreneur's ability. This podcast teaches you how to think about three things: scale, mess, debt, and how they're all parts of the same "growth cycle". I share practical tips to handle these issues in your business today + share personal stories of the rollercoaster ride I've been on to date.

Full blog post here: https://www.consulting.com/channel/scale-mess-and-debt