Being an entrepreneur and a visionary can be a great thing in building a successful business, but it also opens you up to a lot of risk the more you grow. In this episode, we break down the most common pitfall we see of having a growth mindset: not having a period of profitability to build up a cushion to fuel your growth. A lot of entrepreneurs spend their profits to sustain the growth, only to build the house of cards on a shakier foundation than having a period of profitability to prepare for that growth journey.
Looking for someone to help you have a period of profitability in 2024? Schedule a free business analysis meeting with us at www.elitebusinessadvisors.com!
Being an entrepreneur and a visionary can be a great thing in building a successful business, but it also opens you up to a lot of risk the more you grow. In this episode, we break down the most common pitfall we see of having a growth mindset: not having a period of profitability to build up a cushion to fuel your growth. A lot of entrepreneurs spend their profits to sustain the growth, only to build the house of cards on a shakier foundation than having a period of profitability to prepare for that growth journey.
Looking for someone to help you have a period of profitability in 2024? Schedule a free business analysis meeting with us at www.elitebusinessadvisors.com!