Manage episode 230960544 series 2415370
One of the most common errors real estate entrepreneurs make is the idea of never slowing down and always growing. While that in itself is a great business strategy, there is also such a thing as growing too big, too fast, and in too many places. If not handled properly, scaling too quickly can make you lose your business focus.
How exactly do you know when to pause and when to continue?
Today, Don and Ryan explain some of the reasons why you shouldn’t always try to chase bigger money. They share some of the lessons they learned when it comes to scaling their businesses and why they sometimes felt the need to slow it down. They also discuss the difficulty in handling “bad apples” in small and big organizations.
“I'm all about having overhead, but I'm also about having data, systems, and processes that back up the team at a high level.” - Ryan Scialabba
This Week on FlipTalk’s Rookie PlayBook:
- Sticking to your core competencies and never overlooking the bigger picture.
- When to branch out and when to just stay on track.
- How to know if your business is dialed in and what to do when it isn’t.
- Holding your team accountable to follow the systems and processes in place.
- What most entrepreneurs lack when it comes to scaling their business.
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