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Business owners love scalability!

We just hosted our first webinar focused on helping business owners scale their business. We focused on a number of ways to scale your business including:

  • Optimizing your activities
  • Finding gaps in your processes
  • Elevating your team
  • Checking up on your data
  • Expanding the technology you use.

1 Day Seminar

Our attendees walked away with five useful tools to help guide their thinking and a strong list of action items to scale their business. They were also able to meet and chat with other like-minded business owners.

We had a strong turn out for the seminar including 11 signups by 8 different companies. These companies were diverse in terms of industry (including food manufacturing, mental health, food safety, and more) and size (ranging from $1 to $25 million in revenue)

Although we were super excited to deliver this content to our customers, I’d say we were equally nervous. This was our first time presenting The Scalability Navigator System™ in a seminar style format and we weren’t exactly sure what to expect. Even with this uncertainty, we received extremely positive feedback – business owners really want help scaling their businesses! Here are some words that the attendees used to describe their experience:

SeminarWordCloud

Three Key Insights

While we were delivering the content, we payed close attention to what topics seemed to resonate the most with our guests. Here are three key insights:

#1) Leaders see value in becoming strengths based

It’s no secret that leaders in businesses are very busy. Often times, they have their hands in many (if not all) parts of the business. But in order to scale the overall business, they must first learn how to scale themselves first. You simply can’t help your team if you’re consumed each day by putting out fires.

Leaders need to define their strengths, spend more time working on them, and delegate anything else that they can. If you scale yourself, you’ll naturally start scaling the business and creating a culture based on strengths.

#2) Teams also benefit by becoming strengths based

Okay now that the leader is taken care of, it’s time to turn our attention to our team members. Just like the leader, the more time our teams can spend on their strengths, the better! Employees who spend more time working on their strengths are more effective, fulfilled, and generally happier. Over time, as you shift your team to focusing on their strengths, you’ll build an efficient scalable team.

But what do you do with all the tasks that your team doesn’t want to do? Well, tasks that someone doesn’t want to do can be someone’s dream job. Take those tasks and see if you can create a new job description for someone.

#3) Structuring your data is important

In this modern age, it’s pretty easy to collect data. You probably have data on your website, accounting, operations, and more. While collecting data is great, it’s useless if you don’t know how to interpret it. During the seminar we introduced a simple framework to think about your data. This included classifying data as either ‘executive’, ‘performance’, or ‘process’ data. As a business owner, you’ll want to focus on executive data while your team members focus on performance and process data.

What’s Next

We’re still decompressing from the seminar but due to the positive feedback and value we were able to deliver, we’ll definitely be hosting one again.

Business Owners out there – are there any topics out there that you’d like to be covered? Is there a specific format that you find the most useful?

Stay tuned for our next seminar!