Growth is good, but can lead to problems if mismanaged by owners. Growth of your business is what you as the business owner want. In periods of extreme growth, business owners may hire staff for first level work but avoid hiring the more highly compensated, qualified employees in order to protect their budget. Owners in this situation tend to put far too many tasks on themselves or one key person within their organization and may not see a problem because the work is getting done, and continues to get done as long as that owner or one key person can continue to keep up with the level of growth.
You as the owner can't do it all, there are only so many hours in a day. Your key employees do not want to work five trillion hours per week for your company, they will eventually tire of this and move on and you will have lost a very valuable asset. If you don’t feed your business with the right resources, you and your employees will be forced to build processes and systems hastily, systems that cannot properly support your growth. While it’s true that you may be able to limp along for a good amount of time, eventually those misused resources will materialize into problems.
If you feel so busy that you can’t take a breath, consider calling Right Hand Operations and let us take some things off your plate. We are experienced, trained professionals who enjoy helping other businesses during times of growth, check out our services page for more information.
I'm Lindsey Crabtree, the Founder and CEO of Right Hand Operations. I love meeting new people and making connections, I love observing the commonalities between our clients and how we all have similar struggles in the business world. As I have time I enjoy reflecting on experiences and sharing what I've learned.