You Can’t Scale Without This

Summary

• When scaling your business rapidly, from 50 to 200 employees in 18-24 months, there are two key aspects to focus on.
• First, improve communication. More employees mean more communication pathways, which can be challenging.
• Initially, with a small team, constant communication happens naturally. But as the team grows to 15-20 people, scheduled meetings become necessary.
• Set intentional times for communication to ensure everyone stays connected.
• Second, provide continuous training for your agents. This includes ongoing educational resources and creating mini growth paths.
• Employees need to see progress. It’s not just about making more money; they need to feel they are advancing in their journey.

Video

How To Take Action

I would suggest implementing a few key strategies to help with your business growth and personal development.

Improve Communication

1. Set Regular Meetings: When your team is small, communication happens naturally. But as you grow, schedule regular meetings to stay connected. Weekly team meetings and daily check-ins can work wonders.
2. Use Communication Tools: Utilize low-cost tools like Slack or Trello to keep everyone on the same page. These platforms are great for sharing updates, tasks, and documents.

Provide Continuous Training

1. Offer Educational Resources: You don't need a big budget for this. Share articles, podcasts, or YouTube videos that are relevant to your industry. Encourage your team to take advantage of free online courses.
2. Create Mini Growth Paths: Give your employees a sense of progress. This could be as simple as recognizing their achievements in meetings or setting up a mini certification program within your company.

Action Points for Personal Growth

1. Set Goals: Clearly define what you want to achieve, both short-term and long-term. This will give you a roadmap for your personal and professional growth.
2. Stay Organized: Use a planner or digital calendar to keep track of your tasks and goals. This helps in managing your time effectively and ensures you’re always moving forward.

Low-Cost, High-Value Actions

1. Networking: Attend local meetups or virtual events related to your industry. Networking is often free and can provide valuable connections.
2. Feedback Loop: Regularly ask for feedback from your team and clients. This can help you identify areas for improvement without spending a dime.

By focusing on these strategies, you’ll effectively manage your growing team and ensure steady personal and professional growth. Remember, it's all about making incremental, sustainable changes.

Full Transcript

and over the next let's say 18 24 months we're probably going from 50 to 200 what are like the red flags that we should be looking out for I think there's two things that have to level up if you're going to be scaling that quickly in terms of volume of people one of those things is going to be communication the hardest part about adding people in any business is just that you create so many more communication Pathways when we first had gym launch and I was first just running a team of five I didn't really have to even have meetings because we talked all day every day anyways and then when we have 15 or 20 people it's like okay I think we have have a couple meetings because you know I'm not actually able to speak with everyone every day and so you do need to set intentional time to do so the second piece with that is providing and looking into like going from 50 to 200 why would I lose people what is going to be more appealing about other brokerages one is the training for the agents having that training on an ongoing basis and then creating almost like mini growth path for the agents because a lot of people it's not that they need to all of a sudden make like X more commission it's that they need to feel progress