Episode 24 – Four Reasons A Small Business Is A Stupid Business
I know this will sound a little aggressive, and some people might get offended by this, but I’ll say it anyway.
A small business is a stupid business.
Yes, I said it. And I won’t be apologizing because I believe thinking small in business is a sure-fire way to miss out on the growth your business truly deserves.
The number one thing I see preventing business owners from achieving their goals is their unwillingness to think bigger. They always have an excuse. From growth means too many people to manage, to I’ll go up a tax bracket.
Many people find comfort in thinking small. But here’s the thing, thinking small stunts business growth. And the only real limits in your business are the ones you create inside your head. Once you stop thinking of yourself as a little underdog and see yourself as an established business with a long-term strategy to match, that’s when you experience true business success.
If it’s time for you to start playing on a bigger scale, then you need to drop that small-scale way of thinking. In this episode, Seth tells you why a small business is a stupid business and breaks down the barriers many entrepreneurs face when trying to think bigger.
What You’ll Learn:
[01:40] Excuses Business Owners Make to Stay Small
[03:44] Small is Dangerous: Don’t Sabotage Your Greatness With Small Thinking
[07:48] Mistakes Business Owners Make When Navigating the Messy Middle
[08:48] Problems with Non-Strategic Growth
[09:47] Why Running a Small Business is Harder Than Running a Big Business
[12:35] Running a Small Business is Time Consuming
[15:40] How to Save Both Time and Money in Business
[17:35] Small Business = Big Problems
[22:05] Understanding that Small Businesses are Built on Fear and Selfishness
[23:14] Get Rid of Small Business Thinking, Once and For All
[23:35] Parting Thoughts