Most small businesses start out as a one-man or one-woman show. The founding entrepreneur usually fills most, if not all, of the essential roles. While this is an exciting time for any entrepreneur, it’s not sustainable. Many business owners experience burnout as their companies grow, because they simply cannot do it all (no matter how hard they try).
I started my company at 22. And while I was working hard, experiencing growth, and moving my business forward, I quickly learned that scaling boils down to two main things: people and systems.
Create a Formal Management Structure
Delegating tasks can be hard for entrepreneurs who have, more often than not, had their hands in every aspect of the company from the start. But if you want to scale your business, you need to…