In 16, I was doing 18 mill a year on a one person like million dollar a year infrastructure. So then in 17, I made sure that we got like a Lamborghini chassis to match the Lamborghini motor. That required me to go back a bit, paying back the debt, sorting it out. But then in 18, that enabled me to go up like this again. And so I'll just put in here if we were like 2 million, then here was 18 million and then at the end of 17, we're like like maybe like 13 million or something, which is back. Then here we got to like 34 million or something,. And this was in 18,
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