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Now that your business is a success, how do you scale it & grow it . In today’s show we’re chatting on the final step of the Lifestyle Builders GPS - The Scaler stage.

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Key Insights

  • Key Insight - Learn the changes you'll make when your business grows into the higher 6 figures
  • Key Insight - Understand the importance of growing slowly
  • Key Insight - Prepare your business for ultimate success by following a few easy changes and shifts from your previous stages

Timestamps

  • [00:12] - Welcome
  • [03:18] - What happens in the Scaler Stage
  • [04:17] - Levels
  • [06:15] - Keep in mind, your ideal lifestyle comes first. You do not have to continue growing your business, unless you want to
  • [09:58] - What to expect in the Scaler
  • [11:22] - Monitor and define your marketing and sales process
  • [14:00] - It is important to be sure you're not growing too fast and cannot fulfill your promises
  • [15:52] - Optimizing
  • [17:15] - Hiring the right people
  • [22:23] - Settling into the role of "The Business Owner"
  • [23:46] - Time Focus - 10% strategy, 30% sales, 20% operations, 5% finance, 25% marketing & 10% admin
  • [24:51] - Financial Breakdown - 5-15% Profit, 50-10% Salary, 15% Taxes, 30-65% Opex
  • [28:14] - Your team
  • [31:42] - Optimizing tools and tech. At this stage, you will likely have in place all of the tools and tech you need, however, you may need to change some to support your new growth
  • [34:32] - Mindset challenges
  • [38:07] - Action Items

Resources Mentioned

Actions to Take

Tom's Bookshelf

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Tom Ariana Lifestyle Builders

Tom & Ariana Sylvester

Tom and Ariana have built 3 business and quit both of their jobs, all while raising 2 amazing kids.  Together they share their philosophies and guidance for entrepreneurs on their Lifestyle Builders™ podcast, their upcoming book Lifestyle Builders™: Build Your Business, Quit Your Job, & Create Your Ideal Life, as well as through their coaching and consulting programs.

What Stage Is Your Business At?

I Need To...

Stage 1:
Incubator

Validate Your Offer & Make Your First $30,000+

Stage 2:
Accelerator

Increase Your Sales to $100,000+

Stage 3:
Scaler

Scale Your Business to $1,000,000+

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