The EntreLeadership Podcast Our Business Growth Is Creating a Major Problem
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Feb 17, 2025 A business owner grapples with the challenges of outgrowing his space. Experts share strategies for finding flexible, functional rental spaces that can adapt to growth. A deep dive into partnership dynamics reveals the complexities of ownership and equity retention. Customer service hurdles are examined, emphasizing the need for empathy and boundary-setting. Finally, insights on client acquisition in tech highlight the power of subscription models and digital marketing tools for boosting revenue.
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Lease, Don't Buy (Initially)
- Avoid going into debt to buy a warehouse for your growing business.
- Lease a larger warehouse with an option to purchase to maintain flexibility.
Dave's Real Estate Story
- Dave Ramsey had a similar situation.
- He leased with an option to buy.
Finding the Right Warehouse
- Find a suitable, large warehouse to rent; prioritize safety and dryness over location.
- Negotiate an option to purchase with the owner if possible.
