A founder reflects on costly mistakes: putting the wrong people in key roles, stretching into projects that drain cash flow, and losing focus on what made the business work. The real trap is outgrowing your own hands-on capacity without knowing when to delegate and when to stay in your lane.
Chapters
There's been times where, you know, I backed something with a lot of energy and I just totally got it wrong. And then the inevitable cash flow pressures that come from that or being overly stretched and trying to do too many things at once. So many people's stories of putting the wrong people in the wrong roles and, you know, the challenges that come from that. Health entrepreneurs, let's say, or people that are specialist subject matters people, I think often have this experience where you can get through those first stages of growth by being just really good at what you do and really passionate about what you do. But then you try and scale that to more people, right? Like you go through that transition in a business where you can't do everything yourself, particularly if your business is effectively sending people as a resource.