The Wheel of Despair and the Paradox of Growth
Podcast 36:20 | Download | Spotify| Stitcher | iTunes
Dan and Ian have had hundreds of conversations with founders in 2023 so far. In today’s episode, they share two major challenges that are coming up for 6 and 7+ figure founders. They’re calling these challenges the Wheel of Despair and the Paradox of Growth.
Contrary to what the popular business literature says about overcoming these challenges, Dan and Ian offer some alternative frameworks for how you as the founder can address them.
“The secret is: that is not the question you need to answer. It is: where's the next million in revenue coming from? That is the question that needs to be answered. And I think that's where the bravery, the excitement, and the fear come in. You don't always know, and you’ve got to figure it out. That's your job as a founder.”
LISTEN AND LEARN:
0:03:44 With location independence conquered, what’s the next thing to accomplish?
0:10:50 The shift from managing the business to focusing on growth
0:18:20 What your only job as the founder should be if you’re at 7-figures or below
0:26:39 Why a lack of information flow can hamper your ability to operate well
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Enjoyed this podcast? Check out these:
TMBA 669: Working Backwards And The ‘Write First’ Culture
TMBA 642: Breaking Through Plateaus, And Other Important ‘P’s
TMBA 707: Deceptively simple ways to have a better business
This week’s sponsors:
Don’t Get Held Up While You’re Trying to Scale Up. Experience the ease of remote hiring with dedicated experts by your side. Book a call at https://www.remotefirstrecruiting.com/
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Thanks for listening to our show! We’ll be back next Thursday morning 8AM EST.
Cheers,
Dan & Ian