Why a Big Enough Business Is Key to a Business & Life You Love
You’ve seen the hype about small business and entrepreneurial success out there. It’s unreal! Not a day goes by when I don’t see photos of fancy cars, vacations, oodles of cash, and the typical success catch phrases that come with them on my social media. Here’s the conundrum, though: when your business crosses into the territory of making seven or eight figures, it can quickly become less about doing what you love and more about grinding things out as an entrepreneur to meet demand. So does bigger actually mean better for you? Or is big enough... enough? In today’s episode, I talk about why I believe in creating a big enough business to create an actual business and life you love. On this episode of Promote Yourself to CEO: 5:54 - I discuss what it was like growing up around entrepreneurs, and the surprising information I recently learned from my mother. 8:16 - Why should you beware of creating a business that grows too fast? I tell you what I’ve seen from businesses that experienced hyper growth. 10:02 - I retell a parable about a CEO and a fisherman that illustrates my point. 12:47 - I describe the time I was at a crossroads when I first heard the parable and the realization I came to after some reflection. 15:30 - The big questions I want you to ask about your revenue goals, and defining a Big Enough Business, the kind that loves you back. 17:10 - An early lesson in my business that serves as an example of why NOT to model your version of success after someone else. 20:05 - An example of what my "Big Enough Business" looks like and why it serves me in creating a business and life I love. 23:55 - How being intentional allows me to succeed without sacrificing my life and without causing me to be in a constant state of emergency in my business. 25:20 - How a big enough business allows you to live in your business sweet spot, and stop dreading Monday morning. 27:50 - How a big enough business and building a business and life you love will mean you must know your non-negotiables. 29:40 - Does focusing on a big enough business, mean you lack ambition? 34:00 - The questions I want you to ask to define your big enough business. Show Links The CEO Collective Racheal on Instagram Leave a review on iTunes