Growing a business is supposed to create more freedom.
So why do so many owners end up working more, making more decisions, managing more problems, and carrying more of the business on their shoulders?
Kenneth Kollasch joins Galen Hair to break down the difference between growing a business and actually building one that lasts.
Kenneth is a third-generation entrepreneur, certified business coach, former franchise operator, author, and creator of the Small Business Flight Plan. His approach focuses on giving growing businesses the systems, structure, and leadership needed to scale without everything continuing to run through the owner.
More revenue doesn't necessarily mean more freedom.
Highlights:
Why growing revenue and building a lasting business aren't the same thing
How systems transformed Kenneth's family's business
Why experienced employees should help build the systems
How to turn employee knowledge into repeatable processes
Why businesses need to think about the future when hiring
How owners can begin "duplicating themselves" inside the company
Creating intentional budgets for experimentation and reinvestment
Why business growth can create more chaos instead of more freedom
Kenneth's annual decision-making calendar
How to get the important decisions out of your head
Why too many systems can create bureaucracy
How quickly employees can realistically adopt new processes
Why business owners need to account for the learning curve
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