Finding the Right Size for Your Business Success
As we approach the end of the year, it's a perfect time to reflect on your business and consider if it's time to make some changes in 2024. I work with solopreneurs and small business owners in a holistic way, so one of my key strategies is right sizing, because it helps not only the business, but the business owner thrive.
What is rightsizing? It's the process of restructuring your business to meet new objectives and goals, increase owner and employee satisfaction, improve efficiency, and boost profits. It can involve reducing or increasing the size of your team, reorganizing your operations, or reconfiguring your offers. The main goal is to eliminate anything that's holding your business or you, as the business owner, back from both success and satisfaction.
If your business objectives have changed, your current model no longer aligns with your goals, you have skill gaps and need to bring in additional talent or hire a consultant to support your team, or personal circumstances such as burnout, illness, or increased family responsibilities are affecting your ability to run the business effectively, it’s time to consider rightsizing.
Here are 5 key takeaways you'll learn from this episode:
🔎 The meaning of rightsizing and why it's crucial to consider it for your business.
🔎Signs that indicate your business could benefit from rightsizing.
🔎The difference between rightsizing and downsizing.
🔎The advantages and drawbacks of rightsizing your business.
🔎The 4-step process to successfully right-size your business.
Mic Drop Moment 🎙️
"It's about being self aware and having a business that feels aligned with your values, your bandwidth, your stage of life, your other obligations and priorities, and giving yourself permission to make changes that will have a significant impact on the health and well-being of both your business and yourself as a business owner."
My signature program, The Boss Up Breakthrough 🔥 can help you right-size your business so that you can avoid burnout, establish sustainable boundaries, and uncover the profit potential in your coaching or consulting business.
I work in 3-month engagements and help you clarify what’s working (and why), what isn’t and what your options are for bringing the joy back to your business. It’s hard to identify and implement what’s truly necessary on your own, so if you’ve been thinking about making these changes for a while, let me help you actually move the needle.
At this time, I am only accepting 1:1 clients and the first step is to schedule a free 30-minute consultation right here: https://bit.ly/calendly-free-consultation 🌟
Want to put Insight from this episode into action?
Can you identify any signs that your business may benefit from rightsizing?
Why is it important to consider both the business owner and the business itself when rightsizing? How can the well-being of the business owner impact the sustainability of the business?
What do you think about rightsizing as an ongoing process, instead of a one-time event?
Not quite ready to work together, but want to know a little bit more what it would be like to? Grab my private podcast, “Show Up Like a Boss”, 10 episodes that are short clips from actual coaching sessions with me (my voice only) and notes for how to implement the wisdom shared. Listen in the same podcast player where you hear The Driven Woman Entrepreneur. https://bit.ly/show-up-like-a-boss
