Scaling Up Business Podcast
About This Show
Scaling Up Business is all about how a few companies make it...and why the rest don’t. Our podcast shows are drawn from the lessons of our coaching clients, coaching partners, and the leading authors that contribute to our Conferences and the Scaling Up best selling book by Verne Harnish, and the Team at Gazelles.
We’ll share practical tools and techniques for building an industry-dominating business. These approaches have been honed over three decades of advising tens of thousands of CEOs and executives and helping them navigate the increasing complexities that come with scaling up a venture.
We want to turn what can feel like an anchor, into the wind at your back — helping you create a business where the team is engaged; the customers are doing your marketing; and everyone is making money.
Each episode of the Scaling Up Business show focuses on one of the four major decision areas every company must get right: People, Strategy, Execution, and Cash. We'll share the tools and methods that have been used by more than 40,000 firms around the globe to scale their companies successfully -- many to $1 billion and beyond.
Running a business is ultimately about freedom. The Scaling Up Business show tells leaders how to get their organizations moving in sync, to create something significant, and still enjoy the ride.Read more »
Most Recent Episode
103: Best Ways To Fund a Business
4 days ago
How do you fund your business? Is it with investors? Loans from the bank? Or something else entirely? Today’s guest will share the various ways you can fund your business and what option is right for you! Ami Kassar is the founder and CEO of MultiFunding and a bestselling author of The Growth Dilemma. Ami specializes in helping people develop creative cost-effective alternatives to navigate the (very expensive) needs of a business. Ami shares an example of how entrepreneurs should be thinking about their businesses. If all of your dreams came true, what would your business look like three years from now? And, what’s holding you back? In Ami’s example, what was holding the entrepreneur back from growth was because she was still managing payroll and admin when her talent was really in consulting and leading the consulting teams. In order for her to switch her focus, Ami asked her, “How much would that cost you and how long would that take to start paying for itself?” Her answer was 350K. So, the question was, could she afford the switch? She couldn’t. She runs her business the way many small business owners do, on a hustled budget, which means they don’t feel like they can spend more than what they can bring in. Ami opened her eyes to the different loan options she could afford based on her situation. She qualified for a Small Business Loan, which means she could borrow 350k without putting a lien on her house. She would have a monthly payment of $4,300, which was around 12-13% of her cash flow and it would allow her to successfully make the switch in the least painful way. This is the perfect example of how you can responsibly use leverage to scale up and grow without putting too many financial risks and burdens onto you and your personal household. If everything works according to plan, the entrepreneur would have paid the loan off in 2.2 years and she would triple her bottom line. Interview Links: Multifunding.com Ami on LinkedIn Resources: Scaling Up for Business Growth Workshops: Take the first step to mastering the Rockefeller Habits by attending one of our workshops. Scaling Up Website Gazelles Website Bill on YouTube Scaling Up Podcast — Brian Scudamore Scaling Up Podcast — Shannon Susko Read more »