4 Steps to Scale-up Your Business Successfully
Scaling-up business is a dream of every Entrepreneur. Yet only 4% of Business Owners are able to grow and scale-up their businesses.
Seemingly there’s no lack of intent. Then what’s preventing Entrepreneurs and Business Owners from scaling-up their Business?
Working with Entrepreneurs, Business Owners and CEOs for more than 17 years helping them scale-up their businesses, I have seen and experienced that Scale-up is a possibility for every business – if we get certain basic aspects right in the business! I am sharing those in this article.
6 Leadership Coaching tips to improve business performance
Leading the team and business to optimal performance is a continuing challenge to CEOs and Business Leaders – especially in these VUCA times.
The good news is that today we have multiple support systems available to create, build, and enhance our leadership skills that are appropriate to face the respective challenges – including one-on-one leadership coaching with the help of a Business Leadership Coach.
Leadership Coaching helps leaders enhance their leadership presence, and helps them gain clarity to do what’s needed.
7 Ways CEOs Could Enhance Their Leadership Presence
Leadership presence helps leaders heighten their influence, their impact. Growing leadership presence therefore makes immense sense; and it’s possible for CEOs and Business Leaders to enhance and grow their leadership presence working with experienced Leadership Coaches.
Working with a variety of CEOs and Business leaders, I’ve seen developing leadership skills, growing leadership as a conscious process, is a possibility. Often it involves practicing enhanced leadership presence.
Here are 7 ways one could enhance their leadership presence:
- Being present: first and foremost is ‘to be there’ – in whole; every moment. ‘Wherever you are, make sure you’re there’ said Dan Sullivan.
- Listening: Ability to listen enhances leadership
How Leaders Could Benefit From Working With A Business Leadership Coach!
Business leaders have the potential, and more importantly possibilities, to create significant positive impact on their businesses, their people, and the society at large. Yet many feel they are not able to create the impact that they want to create.
What’s preventing us from creating the impact that we want to create? What’s preventing us from doing what we know we need to do? What’s preventing us from being ‘the Leader’ that we want to be?
Reasons vary. Often, they’re internal.
One of the key aspects is that Business Leaders feel lonely at the top – not having any one to freely express their ideas, thoughts, challenges; to share their views, fears,…
Leading a Scale-up Business
Recently a Business Leader asked me how’s it different to lead a Scale-up business vis-a-vis a normal (growing) business?
It’s like driving in a highway vis-a-vis driving within the city.
- A moment of distraction can cause havoc in the highway (for self and others), whereas in the city one may manage to get away with a few dents and bruises. Scale-up requires increased levels of focus, attention, and ability to manage distractions.
- A drive in the highway requires higher levels of preparation, at multiple levels – the vehicle readiness, robust mechanical condition, well-lubricated joints, proper fluid levels, ability to refuel. Scale-up requires adequate and thorough preparation at multiple levels. (For a drive in the city, one may manage with lesser levels of preparation).
CEO Coaching - How CEOs, Business Owners Could Make Use Of It
Often Business Owners and CEOs feel lonely at the top! Rarely do they get to share their deeper thoughts, and inner feelings with someone; seldom they get a chance to express their original thoughts, or bounce-off their ideas with any one.
At the same time, they are faced with multiple challenges on a daily basis. On varied fronts, of different types.
CEO trainings, peer network, books and journals may help to some extent understand different perspectives discuss, debate, understand; a safe environment because the CEO Coach is un-vested and non-judgmental, and Coaching conversations are held at high levels of confidentiality.
Working with a CEO Coach, CEOs are able to:
- explore their original thoughts (without inhibitions)
- reflect themselves, ‘look at the mirror’
Where to play? Insights from a Scaleup Coach
One of them is choosing ‘Where to play’. Choosing where to play, or Positioning, is one of the key enablers for a successful scaleup.
Scaleup leaders need to be strategic here. As a Business Owner one may seem to have a choice to play anywhere. Scaleup Leadership is about making that choice. Consciously. With care.
As a business owner, am I prepared to Scale-up?
figure out for yourself!
Simplify! Get things done!
And many more…