15 Minutes To Action: Preparing Your Start-Up For Scale-Up
Many start-ups are keen to begin scaling up, but what’s the best way to make sure you business is ready to do so? In this week’s ’15 Minutes To Action’ episode, Nick talks you through the areas you need to look at in order to make sure your business is fit and ready for growth.
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KEY TAKEAWAYS
The fundamental elements to making sure your start-up is in a good position to scale, are systems and processes that can grow with you. Ensure you have as much automation in place as possible. These areas can include marketing, training, performance metrics, payroll and invoicing. Marketing cannot be overstated. No one can invest in your brand if they’re not aware of it. Outsource if needs be, but make sure you’re marketing effectively and perpetually. Bring in the right people and only the right people. Take the time to put the interests of the business first, and put aside personal feelings. Hire the people that you know will make your business better.
BEST MOMENTS
‘You can’t spend enough time making sure that you have the automation things in play’
‘Word-of-mouth is not a scaleable solution’
‘You want to be able to use this as a tool to sell your story’
‘A business is only scaleable when it has the right people on board'
ABOUT THE HOST
Nick Bradley is a renowned entrepreneur, investor, speaker, and business growth expert.
His background is growing and scaling Venture Capital and Private Equity backed businesses globally. Over the last decade, he has completed 117 acquisitions and 25 business exits with a combined valuation of over $5bn dollars.
His mission is to help business founders build valuable businesses and create life-changing exits so they can realise freedom, wealth, and impact.
CONTACT METHOD
Nick’s Facebook page: https://scaleup.vip/FB
Nick’s LinkedIn: https://scaleup.vip/LI
Nick's Instagram: https://scaleup.vip/IG
Scale Up Your Business, coaching/consulting: https://suyb.global
