When someone asks, “do you want to scale your business?,” what does that mean to you?

LOVE this question @EmilyCowan and I am standing by for all of your thoughts QB Community! J. 

@Rustler, I like your scepticism and I am admittedly the same way. 

I am cautious of "buzz" words" and of those who use them. If it comes from a trusted source, then I am more open to the discussion - if they come from a stranger, I usually let them give their schpiel. 

 It's a good (great) thing to be careful. 

@Anonymous, I chose the word "scale" very deliberately, I am curious what it means to you? 

@EmilyCowan and @Anonymous I chose the word "scale: for my signature program "Scale to a Million Playbook" because it represents the 8 modules/steps that clients are taught to grow their service business to a million or more. 

Dictionary.com has this as one of the definitions:

"A system of marks set at fixed intervals, used as a standard for measurement. Note: On a map, plan, or chart, a scale indicates the proportion between the representation and what it represents, such as the legend “One inch equals twenty miles” on a map."

As you know, businesses flourish with measurable processes and milestones, so it just seemed fitting.  An no, fish scales don't have anything do with it (insert yucky face!)!

@Anonymous,

I appreciate your definition. In your opinion, which is more valuable for scaling, measurables or milestones (I wouldn't automatically write one off in favour of the other)?

Can you have one without the other?

Let’s talk about your business – “Growing your business”

Let’s talk about QuickBooks – “Do more with QuickBooks”

Ask a product question – “Questions about QuickBooks”

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@Anonymous wrote:  @Anonymous, I appreciate your definition. In your opinion, which is more valuable for scaling, measurables or milestones (I wouldn't automatically write one off in favour of the other)? Can you have one without the other?

 

Both @Anonymous! Milestones that are measurable is where the magic happens! Quantifiable milestones can be measured, which is how we determine if we are on track or not. For example, "growth" is a goal but "20% year-over-year growth" is a measurable milestone or objective, and is much more powerful. Not to mention, if you can't measure it, you can't manage it, and you definitely won't know you need to improve it. Make sense?

@Anonymous, it does. I suppose my thought was, where does that initial inception of an idea or concept lie on the spectrum, the "spark"?

@Anonymous, it does. I suppose my thought was, where does that initial inception of an idea or concept lie on the spectrum, the "spark"?

 Explore the QB Community > Home > Product Help > Talk about your business

Hey @HoHuynh, 

What do you think is the best order? Certainly, some steps have more dependencies than others ><. 

 Explore the QB Community > Home > Product Help > Talk about your business

Profitability is LIFE @ElaineTay-TGW!! Having valued hundreds of businesses, I know first hand that profit is the key driver of business value. That’s how you grow to a million so you can someday sell for a million... or more! #profit!! WELL DONE! 

FYI, Office Hours have started, so post a question about ANYTHING at the link below! :smileyvery-happy:

https://qbcommunity.com/t5/Momentum-to-1-Million/OFFICE-HOURS-ARE-OPEN-To-Spend-or-Not-to-Spend/gpm-...