Disruptors How to Survive the Chaos in Business [Business, mindset, entrepreneur, disruptors]
Have you ever wondered how you would survive in business? Have you ever considered how to grow your company whilst avoiding the chaos and breakages every start-up faces? Well, in today’s episode of Disruptors, you’re about to find out! Tune in to hear Rob dive into business survival and discuss the things that break the disruption of growth. Discover how to overcome the challenges and difficulties your business will inevitably face as you grow in size and influence and learn how to focus on surviving and thriving regardless of the chaos around you.
KEY TAKEAWAYS
The Growth Paradox
- Growth is the thing all entrepreneurs strive for. It’s what drives us forward each year but when is it ever enough? Because the faster you grow the more things break and the faster they break. However, if you’re okay with dealing with the breakages of growth it’s okay to grow aggressively
- The harder you grow the more chaos and disruption there is so, balance your growth plans with something that realistic and achievable but that’s also exciting.
Overwhelm & Delegation
- As you grow you need to begin to delegate and outsource all of the things that you used to do because now you will be overwhelmed. But whatever you do, don’t overgrow and under delivery, ensure you plan throughout your growth so you’re prepared for the overwhelm when it comes.
- Always be proactive to growth and not reactive, but regardless, always grow.
- Sometimes it’s better to launch a campaign without the planning and cause the growth without any order or plan in place. If you have the right team around you, the order will come afterwards. Growth is followed by order and vice versa, it’s the cycle of a growing business.
Culture Shifts
- Train help and support other members of staff. You can’t be selfish anymore and you need to build a team around you with systems and documents to run the day-to-day business so you can focus on the growth.
- As you grow and embrace your team you’ll discover a level of leverage and management, now it’s important to save time by hiring and training others, however, with this mean you’ll need to have performance plans, management KPI’s and go through a culture change as your business grows.
Layers Of Management
- As you get bigger you need layers of management in your business and you need to begin to work less but watch and observe more. Avoid the natural entrepreneur tendencies to always work and begin to work on your business rather than in your business.
- With the growth and the layers of management, you start to find staff that hide and do not necessarily pull their weight for the business.
- Always be prepared for the culture shifts and ready for growth but don’t lose your one-man-band, innovative feel because that’s your growth area.
Freedom
- Ultimately you have freedom by owning the business however you’re responsible for the business, your brand, your online presence and the careers of those that work with you to achieve the businesses goals.
- People don’t work for you, everyone works for themselves and they use you in their life if you meet there values and needs. If this is the case, loyalty will be created. Therefore, if you understand your employee’s and their motivations the chance of a fruitful working relationship increases and breeds longevity.
- Always look to hire ambitious people that are invested in their career growth and try to meet their needs and relate to their values.
Management Of Your Emotions
- Become a leader by owning your business and inspiring your staff. You can't manage with your emotions.
- Don’t let your emotions control your actions and instead focus on your business, train your staff and develop systems in your business. Often we react emotionally because something has touched a nerve and we act before we can speak.
- Most of the time the best way to handle a situation with critics, trolls and haters is to say nothing and simply focus on your business and serving your customers.
Competitors
- Don’t hate your competitors be obsessed about learning from them, but don’t let it compromise your own focus and vision for your business to grow.
- Your competitors should energise you and your business so focus on your clients more than your competition. Always look to serve your customers to the best of your ability.
- See your competition as someone that keeps you lean, motivated and hungry to grow and improve your product offering.
- Increased competition in your market place is a good thing, it pushes the industry forward and increases exposure for everyone operating in the market place.
BEST MOMENTS
“When growing your business you’ll face chaos, breakages, challenges and difficulties”
“There’s a great upside to knowing all of the challenges you’ll face in business, the legalities, the competition and how to innovate through difficult markets and grow through recessions.”
“I work for my team and provide them with what they need.”
“Discipline equals freedom and hardcore accountability leads to freedom”
[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