Are You Holding Your Own Business Back? copertina

Are You Holding Your Own Business Back?

Are You Holding Your Own Business Back?

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TL;DR:Corporate construction executive-turned-SME growth expert Nicola Anderson explains why when you're scaling, ambition isn't enough. If you're serious about it, there are brave decisions to be made, both personally and structurally. Discover how to protect your health and wellbeing, your business and your relationships as you reshape your inner and outer reality. Sometimes the key to progress is knowing when to stop, so you can build the capacity you need to grow.Full Show Notes:Are you the person holding your business back? How would you know, and what can you do about it?In this episode, we talk to Nicola Anderson, founder of Capacity to Grow, about SME growth strategies that work. In her journey from a high-end corporate role in construction to consultant for ambitious founders, she's developed a keen eye for when a leader is heading for burnout. And she has an ingenious approach for dealing with it.So if you're the hub that all decisions (and questions) pass through, but you long to spend more time with your family and friends, now's the time to pause and tune in to the conversation.Discover:• Why the freedom some people give up their financial security for gradually disappears — until they're left wondering why they left paid employment for entrepreneurship in the first place. Don't worry, you can get it back again; find out how.• Why it's normal to feel frustrated, and why many founders find themselves in this position. It's not because you've done something wrong, but it is a signal that things have to change.• The reasons why it's not just about growth. To stay the same, something has to give — and it shouldn't be your health.• The practical framework designed to get you out of the day-to-day grind, and thinking (and acting) strategically again.• The difference between relationships in a corporate role and the deep connections you need when you're a business owner.• Why your job descriptions might be stalling your hiring successes — founders attract people just like them in the beginning, but this mentality doesn't necessarily drive the business forward.• Why the structure that worked yesterday won't work today, and how the bolt-on people process many companies use leads to problems down the line.• What's really behind a founder's reluctance to let go, and how to recognise these things in yourself.• The new reasons why many people choose to step back from their business — it's not all about the exit strategy anymore.• The one thing you should do right now if you're close to burnout — or risk losing everything.As usual, host Phil Rose wraps by asking Nicola what she'd tell her younger self, and it's just what everyone in business needs to hear right now:• Be reassured, you can do this.• Build your network by reaching out and making real connections.• Learn from others (listening to podcasts is a particularly good way of doing this).• Remain open-minded.• Stay curious in business and the wider world around you.• Don't be afraid.“When you're earning your own salary, it makes you do things that perhaps make you feel a bit uncomfortable — but the more you do them, the more comfortable they become.”There's a key message here for everyone, regardless of where you are on your journey.For Sparkers (founders starting out): your energy matters. It's hard work at the beginning, and everything relies on you. If you had to step back for personal or health reasons, could others pick up the slack, or would it all collapse? Who's in your team?For Scalers (next-stage entrepreneurs): don't go too fast. If it's all about winning work and signing off projects without a strategy in place, cash flow may come back around and bite you — if overwork doesn't first.For Sustainers (those who want to protect and embed what they've achieved): it doesn't have to be all about you anymore. Release the trust issues holding you back by uncoupling your identity from the business, but at a pace that makes sense to you. What do you want your legacy to be?It's a great episode, packed with solid, down-to-earth but fresh and inspirational SME growth strategies that work. Please like and share so that other business owners just like you can benefit — and of course, drop us a message; we love feedback.🎧 You'll love listening to this episode as much as we loved recording it. Remember to like and subscribe to get the word out to others and drop us a comment too. We'd love to hear what you think.♻️ Feel good about sharing this podcast with someone who'll find it helpful; that would mean so much to us and them.More about NicolaNicola Anderson is the founder of Capacity to Grow, a business growth and recruitment partner for founder-led businesses. After 37 years in business — more than 25 of them in senior commercial and operational leadership roles ...
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