Running a small, or a family business is no easy task. Particularly when it comes to scaling the business or planning for succession.
My guest, Jim Moody, Consulting Director of the Misura Group shares his knowledge, experience, and expertise on the key elements for both scaling and succession.
In this episode, Jim offers plenty of tips and lessons on:
- The importance of having balance between working on and working in your business.
- What should come first family need or business needs.
- Adapting to challenges for small and family business.
- Problems you’ll encounter when you are the Jack or Jill of all trades in your business.
- How to properly invest in growing your business.
- Hiring smart people and letting them do their job.
- When to move on and having something to move on to.
- Steps for succession planning
- The hard decisions you must be prepared to make
- Proper strategic planning.
- Continuous learning.
- And a powerful message on the importance of planning for a better future.
Resources
Jim Moody
Consulting Director of the Misura Group