Hitting numbers past your target and an increase in demand for your products or services. These are some signs you should upscale your business. Doing that entails a long and tedious process that you should physically and mentally prepare for.
You need to hire people to handle more tasks the upscaling requires. Even hiring the right candidates for the job will require a lot of your attention and time. Remember that when you hire people, you are hiring them for their expertise and the value they can add to your business. So, choose wisely.
You will also need to develop more ideas for your products or services. Think about ways to keep your business profitable. You have to sit and plan carefully for all this.
In short, it’s gonna be difficult. And processes as tedious as this requires that you are prepared emotionally, mentally, and physically. Before you dive deep into the upscaling process, you need to make sure that you have established good relationships around you. You don’t want to start paying attention to these things when you are already busier.
1. Your relationship with yourself
The main mover in your business is you. You are the think tank. So if there is some sort of problem with you, it can seriously affect your business.
People hungry for sales, success, and recognition, often think that these things matter above all else. But if you really think about it, it’s counterproductive to head on a journey when you are not prepared for it.
That is why you have a checklist of things to check in your car before you go on a long drive. Running out of gas in the middle of your journey will be frustrating. You will end up blaming yourself for not checking before you left or for not preparing a backup plan.
So before you set your mind into the process of going big for your business, you should also have a checklist of things to accomplish. Do you have a healthy routine? Do you have a work-life balance as early as now? Is there a hobby you turn to let out stress?
2. Your relationship with your family
You’ve seen it in movies. A lot of people fail in parenthood because they had to choose between two roles: a present parent or a parent who can provide. But what if you don’t have to choose? What if there is a semblance of balance between these two roles? You may find it if you start as early as now.
When you started your business, what was your goal? To give your kids a bright future? To make sure they have a roof over their head and food on the table? If you had these reasons when you first started out, then don’t forget them.
Your family is the reason you are doing all this, but they need more than a roof over their head and food on the table. Parenting is a great factor in children’s development.
So before you get drowned in more work, establish the roles you are required to do for your child. You shouldn’t be working 24 hours every day. Allot time to be with your kids. Help them with homework when you get home. Bring them to their kid’s dentist appointment for their check-up. Clear your schedule for their birthday.
Your kids will be happy that you are a present parent and a great provider. It’s not impossible. Exert extra effort so that the business can run without your being physically there all the time. Your kids will appreciate you and you will thank yourself.
3. Your relationship with others
A huge part of doing business is networking. It’s about who you know. But you don’t have to be looking up all the time at all the successful people above you.
You will be hiring employees when you upscale. This means you will be forging new relationships. Even if you currently have just one person helping you in your startup, show appreciation to them. Practice open communication.
Talking to people you are working with will inform you of their struggles, preferences, and goals. This will help you make better decisions in the future about how to make your workplace a healthy one.
Establishing these things early in the game will provide for a smoother journey later on. You will be working on a lot of tasks and you don’t have to be stressed about not being a present parent or being a bad boss. All in all, relationships are a good investment whether you are just starting out or turning your business into a multi-million dollar company