How big are you thinking your business should be?
Author: Russell SmithJuly 6, 2012
I have a friend with a very big business. Millions of pounds turnover, hundreds of team members, a very successful business.
If you were to listen to our conversations where I would be talking to him about my own business issues and questions you would be struck by two things. Firstly, my friend is never surprised by anything I say and secondly, he has had the same problem at some stage in his business life. If he hasn’t completely solved the problem he usually has a good idea of what the solution might be.
The big difference though is that my friend is operating at a totally different level. His problems are in millions whereas mine would be in thousands. At any one time, he could have multiple customer issues, supplier issues, team issues, that’s just the level that he is playing at.
When my business had just 2 employees, I asked him how he slept at night knowing he had to pay hundreds of employees. He told me that because he had hundreds of employees he could happily sleep at night.
Since then, I know what he means but at the time. He has never said this but I’m sure that when I tell him my problems, he must think that the level I am playing at is so easy and straightforward.
How do I know this?
Because I feel the same if I am talking to someone who is first starting a business. They will have lots of questions and to me it does seem so straightforward. To them, they are huge issues that have to be resolved. It’s because I know how to play at that level, I have done it before. A person just starting self-employment may look at me and say ‘wow, you’ve got 10 employees’. Whereas I look at my friend and say ‘wow, you’ve got 100 employees’.
How big do you want your business to be? What level do you want to play at? Make sure you have people around you who are that step ahead to give you that inspiration and keep you going forward.