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The Biggest Scale Traps for Business Owners
Manage episode 453735598 series 2834060
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In this episode of Advance Your Wealth, we dive deep into the challenges of scaling a business and how to navigate the common pitfalls entrepreneurs face. Joining us is Joe Shrutz, Chief Operating Officer of the PSBLTY Company, who brings a wealth of experience and actionable insights.
Joe shares his expertise on the biggest mistakes business owners make when attempting to scale, from operational inefficiencies to misaligned growth strategies. Together, we explore how to balance ambitious goals with sustainable practices, the importance of building the right team, and the critical role of clear communication during periods of rapid change.
Whether you’re preparing to scale your business or currently navigating the growth phase, this episode is packed with practical advice to help you avoid costly missteps and achieve long-term success.
Chapters:
0:00 - Introduction
1:41 - Growth vs. Scale
9:07 - Distractions
17:47 - Employees thinking like owners
22:20 - Scaling successfully
26:24 - Complimentary Growth Session
28:04 - Closing remarks
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