Dr. Wayne PernellCEO and Founder, DynamicLeader, Inc. · Leadership Advisory and Development - vision and strategy

Transforming Businesses from Growth to Scaling #shorts #ScalingSuccess #GrowthToScale

Name: Transforming Businesses from Growth to Scaling #shorts #ScalingSuccess #GrowthToScale
Uploaded: 2023-11-16T20:00:31+00:00
Duration: 56 s
Channel: Dr. Wayne Pernell
Description: Dr. Wayne Pernell explains the difference between growth and scaling: most companies just grow, but scaling means jumping from $10 million to $100…

16 Nov 2023 · 1 min

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Dr. Wayne Pernell explains the difference between growth and scaling: most companies just grow, but scaling means jumping from $10 million to $100 million in revenue without proportional cost increases. He works with entrepreneurs stuck after a few years to shift their mindset and learn the practical steps to get there.

Chapters

Our business is focused on business growth. We're looking for the people that have made the leap, gone probably two years in the business, and have now finally gotten to that place going, okay, there's got to be a better way of doing this because I'm still in the game. I'm banging my head against the wall, but this is still not breaking loose. That's where we want them, because we will teach them how to actually change from a somewhat fixed mindset to a growth mindset and get into skill acquisition mode and actually teach them how to go through growth phase so they can actually scale. People often get confused between growth and scale, and most businesses only grow. They don't scale because scaling happens when a business goes from like 10 million to 100 million and there's no increase in cost.

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