How to Grow Your Business Even If You Have to Take Time Off

02/02/2017 30 min
How to Grow Your Business Even If You Have to Take Time Off

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Episode Synopsis

How to Keep Growing Your Business Even If You Have to Take Time Off Want the transcript? Download it here. In this episode, Barbara shares with Matt and the listeners, her own personal journey of the process she followed to ‘fire herself from her own business’ when a very important life event – having a baby – meant she had to step right back from the day-to-day running of her business. This episode focuses on the step-by-step process that Barbara followed to ensure that her business went from strength to strength, whilst she focussed on being a mother to her baby girl. Some of the areas covered include:Think expansion, rather than contractionThe importance of strategic planning – taking yourself out of business processes is a process within itselfDon’t expect your new processes to work from day one – allow time to smooth out any ‘bumps’ and refine your processes before you ‘exit’ the businessHow to empower your team to make important decisions in your absenceThe importance of having the right people, in the right seatsBelieving in your people and their abilities ultimately leads to a more engaged team and successful business Let us know what your key takeout has been from this episode and join the continuing conversation over in the Virtual Success Facebook Group. In this episode:03:02 – Think expansion rather than contraction06:05 – You have to plan strategically06:54 – Taking yourself out of processes10:22 – Allow time to smooth out the new process, once handed over13:22 – Refining your processes15:40 – Empowering your team17:28 – Believe in your people18:26 – Support your team’s decisions22:09 – Give yourself time to fine-tune the processes25:15 – My key people are now more engaged in my business27:04 – Wrapping things up  Barbara:  Hey everyone, and welcome back to another episode of the Virtual Success Show, where I’m joined by my co-host, Matt Malouf. Hey Matt, how’s it going? Matt:  Hey Barb, I’m well, and yourself? Barbara:  I’m really good thank you, really good. I’m … As we’re about to talk about today, I’m in the throes of motherhood. So it’s been a lovely journey, but obviously a challenging one in terms of running your business, and setting things up so you can do a podcast recording like this, et cetera. So, a unique experience. Matt:  Absolutely, absolutely. Barbara:  Which brings me onto today’s show. So obviously we’re going to talk about how to fire yourself from any business, I guess. And what we’re going to focus on guys, for the listeners, we’re going to focus on actually my experience of having a baby. Because you know, as a woman when you’re pregnant, you’ve got this kind of deadline looming, that doesn’t move, and it’s not going to change. In fact, it might even move closer. So you become … You’re under a lot of pressure all of a sudden to fire yourself from your business if you’re running your own business. But as Matt and I were talking about earlier before the show, this would apply to any sort of life event, or if you just want to, you want to work more on your business or have a business that runs itself with a team. So it really doesn’t matter if you’re not pregnant, or if you’re a guy, or if you’ve got a wife having a baby, I guess. This can apply to anything. I mean Matt, you’ve done this in a couple of businesses too, haven’t you? Matt:  Yeah I have, yes. And just to add to what Barb was saying, if you really want to enhance and grow your business faster, what we’re going to talk about today is essential to fast growing businesses. Barbara:  Yeah, so although we’re talking about it, I’m really going to focus on my experience of doing this, because the trigger for me was pregnancy, but the trigger for you could be something … It doesn’t matter what your trigger is, what your reason is, but the steps that I’m going to talk to you about here would apply to anybody. But I guess there will be a few women with their ears pricked up all of a sudden wondering how they can get their business to actu...

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