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S6|E18 Scale Later? Why “Small” is Your Business Superpower
Season 6 Episode 18
Explore the strategic advantage of staying small before scaling up. Discover how testing ideas, minimizing risk, and understanding your financial impact can set a foundation for sustained growth and innovation. This episode emphasizes the importance of a childlike curiosity and adaptability in the business world 🚀.
In This Episode:
00:00 The Importance of Staying Small
02:00 Testing Ideas with Minimal Risk
04:00 Learning Through Experience
06:00 Understanding Financial Impacts
08:00 The Balance of Research and Action
Key Takeaways:
- 💡 Test new ideas while remaining small to minimize financial and reputational risk.
- 📊 Analyze your P&L statement to understand the true financial impact of your business decisions.
- 🌱 Embrace a learning mindset to build upon tested ideas and improve your product or service.
- ⏱️ Set timelines for research and development to avoid paralysis by analysis in a fast-paced market.
- 🤸 Stay curious, innovative, and playful to explore new possibilities and designs in your industry.
- Well Why Not Workbook: https://bit.ly/authormauricechism
- Podmatch: https://bit.ly/joinpodmatchwithmaurice
- Maurice Chism: https://bit.ly/CoachMaurice
- Website: https://bit.ly/mauricechism
- To be a guest: https://bit.ly/beaguestonthatwillnevrworkpodcast
- Business Email: mchism@chismgroup.net
- Business Address: PO Box 460, Secane, PA 19018
- Spreaker: https://bit.ly/TWNWSpreaker
- Purchase our apparel: https://bit.ly/ThatWillNevrWorkPodcastapparel
Resources:
- Well Why Not Workbook: https://bit.ly/authormauricechism
- Podmatch: https://bit.ly/joinpodmatchwithmaurice
- *FREE* 5 Bold Shifts to help you silence doubt and start moving: https://bit.ly/5boldshifts
- Maurice Chism: https://bit.ly/CoachMaurice
- Website: https://bit.ly/mauricechism
- To be a guest: https://bit.ly/beaguestonthatwillnevrworkpodcast
- Business Email: mchism@chismgroup.net
- Business Address: PO Box 460, Secane, PA 19018
- Spreaker: https://bit.ly/TWNWSpreaker
- Purchase our apparel: https://bit.ly/ThatWillNevrWorkPodcastapparel
Published on 8 months, 4 weeks ago