The Step Backwards Is Better Than the Step Forward

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"I always keep a long list of all of these debts. I've even got one without product that I call detailed debt, right? Which is all of these tiny little details," he said. "You don't need to solve them all now, but you need to keep record of them." The main thing that takes down like software companies is tech debt, he added.

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