Trade business growth path choices.

If you own and run a trade business, you've got some choices about what that looks like, don’t you?

• You could be self-employed, that's a business. 
• You can just find work for yourself to do and do it yourself. 
• You can grow a little bit bigger - hire some people, have a few staff or a few tradespeople. 

If you push through all that and go for something bigger with structure and systems in place then you have a substantial business.

They're all valid choices and they all come with pros and cons like most things.

I'm a business coach for trades business owners who want to grow and scale (I’m option 3).

I want that same path for myself on the way to building a coaching business that has structure and systems in place, and is bigger and makes me extra money. 

I'm on that path. I'm not there yet but I'm on that path. 

So probably, it’s not a shock to you too to hear that my preferred option is option 3 - the one of growing something bigger and great.

If it's not your choice, I'm not judging you. Make your choice. You're not lesser if you choose one path over another. You just made a choice.

Now, back to those pros and cons for a moment. The choices we make are better if they're informed.

I'm going to talk about those pros and cons in an attempt to help some of you make more informed choices.

I do hear a lot of people saying things like there's no point growing bigger, you don't make the extra money. Or it's too hard, you can't get staff, or staff will let you down. Or it'll all go to sh*t - negative self-talk.

I think I want to say that's not quite the case.

You certainly can grow bigger so I want to let you be aware of these pros and cons because the smaller options have their cons as well.

Self-doubt and self negative self-talk comes from misunderstanding, a bad experience, or not really knowing how to grow and scale safely without managing those risks.

There you go. 

The 3 Options To Grow And Scale Your Trade Business - Pros and cons.

Spolier Alert: I'm running a workshop soon where I'll talk about that structure and those systems to put in place to grow a bigger business and I'm marketing it to you right now.

I'll tell you at the end where you can go and read more about it.

Read Full Article Here.

ABOUT THE AUTHOR:

Jon likes helping business owners and especially owners of trades businesses. Life can be a bit frustrating when you run a business and a trade business can be even more so.

If you're a tradie and you've got successful then you probably feel like your life is not your own, that you are always making sure everyone else is OK before you and you never get everything done. You probably work too many hours each week and take your work home with you and you probably don't make as much money as you should.

Jon reckons this stuff is fixable and that you can fix it by making some fairly simple changes to the way you do things. He should know, he's been helping people do it for a long time and he's seen the same changes work time after time. He lives in Byron Bay because he likes it and he doesn't surf because he says it's too hard but he likes beer and food very much indeed. He's written for various magazines and newspapers in his time. Mostly because they think he must know something if he's survived this long. His children disagree.

cited from SMH, Money Magazine