Disruptors 7 EPIC Business Fails That Kill Your Growth [Business, mindset, entrepreneur, disruptors]
In this episode Rob lists 7 mistakes you can make in business and the impact these have on your ability to grow and scale.
KEY TAKEAWAYS
- Mistake no1 - Not doing enough partnerships or collaborations, you aren't then exercising leverage and you are attempting to do everything alone. You see everyone as competition rather than working with people in the same space as you.
- Mistake no2 -Not building a team is a sure way to fail to scale! You need talented people around you to help build you business to the next level.
- Mistake no3 - Not prioritising. You don’t know what tasks you should be focusing on and what you should be delegating and outsourcing.
- Mistake no4 - Not being on enough platforms. Which means you don’t have enough distribution, ads or audience.
- Mistake no5 - Not generating prospects. You might feel like you are doing what you are supposed to be but there will be a reason you are not converting interest into income! Make sure you are turning engagement into a way to make money.
- Mistake no6 - Not having proper processes and systems.
- Mistake no7 - Lack of profit. You have to focus on profit, revenue is mostly vanity, profit is sanity! The smaller you are the bigger your profit margins should be, as you scale they will become smaller but you should still be lean and very profitable!
BEST MOMENTS
“If you want to properly scale you need outsourcers, staff, you need to build a team”
“You need to be on multiple platforms increasing your distribution”
[Business, mindset, entrepreneur, disruptors]
VALUABLE RESOURCES
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “Disruptors”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979