Business Growth Examples to Scale Your Business
Are you looking for new business growth examples to use? Find out what we’ve been doing at Formula Done that have helped our business grow!
Quick Links:
- TIP: How to implement new business growth examples [Infographic Download]
- Episode Overview – Business Growth Strategy
- Personal Note from Jenn Neal on Business Growth Examples
- Episode audio [Podcast on Spotify]
- Blog Post – Business Growth Examples to Scale Your Business
- Related Posts
TIP: How to implement new business growth examples
Time needed: 5 minutes
TIP: Name from tip graphics
- Niche down
It can’t be said too many times – narrow the scope of your offering and your audience
- Invest
Smart investments are worth it – training, networking, and the right team members will make the difference
- Focus on the journey
Focus each day, week, and month on the steps you’re taking to take care of yourself and your team, grow your business, and focus the same energy on the journey your customers are taking
What’s In This Episode
This year, I knew I wanted to grow and expand my business. So, I set out on a mission to find business growth examples that actually work! I decided to implement some different strategies I learned about here at Formula Done. Now, I’m sharing some examples of what has helped us grow thus far to help you grow your business right along with us!
Jenn Neal on Business Growth Examples
I was so focused on developing a product I knew was going to grow my business that I suffered in revenue instead. So this year, I’m using some new business growth strategies that have really helped us to grow already.
-Jenn Neal
Business Growth Examples to Scale Your Business
How often have you started trying to implement some fantastic business growth examples you saw only to realize that it causes you to go backward in revenue? Hands? Anyone? I won’t lie – I have just this last year. While I didn’t start building my content activation system to suffer in revenue, I learned a few things along the way. I’ve started implementing some of the things I learned in my business this year. And let me tell you, my business has already started growing and expanding just by doing some of these simple things. How about we get right down to it?
Surefire Strategies
I cannot explain the immense number of internet business growth examples available on the internet. Everyone seems to have their own tried and true method that works great for their business and that no one else finds relevant. So, I started to analyze the things that everyone had in common. What was each of these businesses doing the same? There had to be simple things that were helping to fuel their businesses forward. And do you know what I found? There isn’t one particular thing that enables you to grow your business. It’s a compilation of multiple things.
Behind The Scenes
One of the main things that all of these businesses have in common is that they have the right team of people working together on the back end. To have a successful business, you need a team that works together, in unison, whether they are a remote team or not. Investing in the right people will make a huge difference. You should also ensure that each team member is doing a job they enjoy doing.
I lead a remote team and have regular check-ins with them. I hold these meetings to ensure that they know there is an open line of communication with me and that they’re happy with their work. We chat about things that they enjoy during these meetings and things that frustrate them. This helps me be able to tweak their workloads to cater to not only my business but to their personal and professional strengths as well. I can then move work around, ensuring that all tasks are covered and completed with the most vital team member for the job. (You can also find some other goodies about how I like to work with my team efficiently here!)
Make an Investment
Another excellent business growth example is to invest. Invest in yourself, your business, and your team! Now, I don’t necessarily mean buying into every coaching or training you see to teach you how to scale your business. I mean, invest in YOU. It might be tempting to keep all of your profit to yourself, but if you aren’t an effective leader, your business won’t scale.
Take the time to train yourself to be an effective leader. Once you learn this skill, you can then share the knowledge with your team and help shape them into confident leaders themselves. And you can’t have a confident team if you don’t have a confident leader! Keep in mind that these coaching and training programs are not going to be what makes your business scale. But instead, you can take away crucial teaching points from them, like how to lead effectively and build systems to help you and your team work more efficiently.
Business Growth in the Right Direction
Now, while these are just a couple of things I have started implementing, there are many more goodies (about these subjects and more!) in this week’s episode of The Content Toolbox! And let me tell you, the business growth examples I share have made a massive impact on my business and team already this year! I am enjoying watching my business grow along with an excited team who wants their work! I promise this is the dream of every entrepreneur!
Oh, before you go! As I’ve mentioned before, we’ve REBRANDED! If you’ve been following along with our YouTube channel and have seen some of our previous episodes, you can see the vast difference in our branding! (If you haven’t, check out episode #108, where I talk all about our rebranding!) And while you’re on YouTube, click on the Formula Done channel and hit subscribe! Trust me; you’ll love what you see!!
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What type of business growth strategies have you been using in your business?
