When you run multiple ventures under one business entity, you can't see which ones actually make money. As companies grow, profit margins shrink because owners overspend and hire too many people with access to funds, the biggest scaling problem the speaker has seen.
you're using one business, one main business for multiple different other ones, it can be very hard to look at numbers as well. So try to separate your businesses so that you can keep healthy and really see what your profit margin and what, you know, everything looks like versus, you know, that's another thing too is, you know, why profit margins shrink as you scale. Too many hands are in the cookie jar, you start paying for stupid shit, you start hiring too many people for your business. And again, it's just the cycle of as you scale, you know, unfortunately profit margins shrink. Obviously, that's not for every business, but from my experience with online businesses, that is 100% the biggest challenge that we do face.
