Codie Sanchez identifies three bottlenecks that trap business owners at any income level: decisions that require the owner's approval, growth that adds work instead of reducing it, and teams that don't know the company's top priority. She points to page 229 of Own or Be Owned for fixes.
Chapters
Hard lesson, you're never gonna make more money in your business until you realize this. Owners hit a ceiling at $50,000 and some hit it at $5 million, but actually the problem is really just one of 3 masks. The first mask is the decision bottleneck, which is basically your team can do the work, but every meaningful decision waits on you. So hiring, refunds, clients, you're a traffic light for the whole company and you're usually on red. Mask 2, the delivery bottleneck. So the customers are buying you, like, your input, your relationship, but every new sale creates more work for you, which means growth starts making your life actually worse, maybe miserable. And the last one is the direction bottleneck. So this is where your team is moving, they're working, they're busy, but ask 3 people what the company's most important priority is this quarter and nobody has any idea. These 3 bottlenecks, they actually mask everything wrong in your business. And so if you want to fix them, you go to page 229 of my new book, Own or Be Owned,