Scaling a Business: Crushing It or Getting Crushed | S2E9
In this episode, Keaton Turner kicks off with feedback from Jared Kuepfer, followed by the launch of the Per Diem hotline. He shares insights into his packed schedule and the Dirt Crew, emphasizing the importance of community memberships and self-investment. A shoutout to Luke Eller and the Turner Mining live podcast precedes a deep dive into business growth challenges and expansion strategies. Keaton discusses aligning values with customers, the pitfalls of rapid growth, and the complexities of profitable scaling. He navigates topics like managing cash flow, geographic expansion, and leadership communication, wrapping up with reflections on scaling's challenges and benefits, encouraging listener engagement. USE THIS CODE TO SIGN UP FOR THE DIRT CREW: https://www.skool.com/bluecollarbuilders/about?ref=3f525c8c1456484898723df767a0b048
Key Points
- Growing a business requires understanding the true reasons behind your desire to expand and recognizing that larger revenues often come with exponentially more challenges.
- It's crucial to maintain a solid reputation and ensure that cash flow and operational processes are stable before attempting rapid growth, as scaling too quickly can exacerbate existing issues.
- Expanding into new geographic regions introduces additional complexities, requiring strong leadership, effective communication, and a deep understanding of local nuances to succeed.
Chapters
0:00 | |
2:03 | |
4:09 | |
6:26 | |
11:33 | |
13:16 | |
21:15 | |
29:59 | |
31:08 | |
33:08 | |
34:33 | |
36:33 | |
39:01 | |
41:05 | |
42:10 |
Transcript
Loading transcript...