Episode 410
Does Scale Matter? - S8 E17
Takeaways
- You're not doing something wrong, you're doing something different.
- Finding the right mentor is crucial for entrepreneurs.
- Small giants face unique challenges in scaling their businesses.
- The size of a business is relative to its industry.
- Leadership plays a key role in cultural transformation.
- Companies must be willing to let go of control to succeed.
- Established companies often know they need to change but resist doing so.
- Sometimes, businesses must let go of the past to move forward.
- Many companies are too far gone to implement necessary changes.
- Fighting in a competitive market can lead to stagnation.
📖 Buy "Small Giants: Companies That Choose to Be Great Instead of Big" by Bo Burlingham
Sponsors
🌱 S.E.E.D. Planning Group - https://www.seedpg.com/
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🎙️ One Big Thing Podcast - https://www.youtube.com/@stevecampbellpr
Chapter Markers:
00:00 - The Entrepreneurial Journey: Embracing Differences
01:48 - Finding the Right Mentorship
02:10 - The Challenge of Scaling Small Giants
04:08 - The Relative Nature of Business Size
06:02 - Leadership and Cultural Transformation
08:04 - Navigating Industry Changes and Resistance