What does it mean to scale a business?

[@mohitsingha210]

Spot on Ma'am. looked at a lot of stuff on the internet that talks about growth including clips from the world's best universities but they talk about growth, not scaling ability. Good to understand the difference and vital if one is going to approach a VC and then show ignorance of the concept!!

[@HatchTribe]

Thank you for the feedback! And we agree 100%. It's really important to know the difference because growth + scale are two different things that require different strategies to achieve!

[@brianwolfenbarger1422]

I love how you make your material relatable without loading it with a bunch of fluff and excessive terminology, very refreshing!

[@HatchTribe]

Thanks, Brian! Glad you found it helpful :)

[@nicolasrivero4722]

Amazing content really appreciate it, so much value!

[@thehilary]

Glad you found it helpful!!!

[@HatchTribe]

Thanks for the feedback! Glad you liked the video!

[@mildhigh7781]

Simple and very informative

[@thehilary]

So glad you found it helpful!

[@edward9099]

I own a cafe and someone came in today and said, “Are you looking to scale?” My face 🤨 So happy I found this video. I always tell people, approach situations and circumstances with a white belt mentality, always learning! Thank u!

[@HatchTribe]

hehe! We're giggling with you :) Good luck with your cafe business!!! And yes, we're always learning too, so right there WITH you!

[@todd.westra]

This podcast perfectly breaks down the difference between growing and scaling in business. It's not just about revenue, but the profitability that really matters when you want to scale effectively. Great insights!👍👍👍

[@HatchTribe]

Hey Todd! Happy to hear you found the video helpful. We so appreciate your feedback!

[@mudchatpotterynbricks]

This is GOLD! Great work. short sweet concise. I love how you stated your business can look like whatever the HECK you want it to look like! All the best.

[@HatchTribe]

YEAH! So happy to hear you enjoyed the video. And YES, your business CAN look like whatever you want it to look like. That's the JOY of being an entrepreneur :)

[@ScottCommon632]

LOVE YOUR PERSONALITY and CONTENT! thank you. I'll be following, learning, sharing....and perhaps down the road connecting. Have an awesome day.

[@HatchTribe]

Thanks, SBC! We're so glad the video was helpful and we look forward to connecting with you!

[@frederickmusa4485]

Damn! I love this video.. This is the first time I am looking at a person face on KZbin eye to eye.. a very different experience

[@naveed3422]

Really helpful video, Thanks for posting

[@HatchTribe]

So glad you found it helpful!

[@christilynfranklin100]

This was very very helpful, thank you.

[@HatchTribe]

Awesome! So glad it was helpful, Christilyn!

[@DamonRennaker]

Incredibly helpful. Thank you!

[@HatchTribe]

Awesome! So glad you found it helpful!

[@school6023]

Can you please please please please offer some tools on what to do when you’re trying to grow a business or scale of business that has been flooded with competition in the past year? A lot of people have recently moved to my city and buy a lot. I mean over 1 million people in the past year alone. Unfortunately, that has caused the prices of everything from rent to services going up in price. But the most unfortunate thing is my business as a service business and a lot of the people who came over are in the same business as me, and they are practically giving away the service for free. I don’t want to go down in price to compete with these guys. Is there anything I can do?

[@HatchTribe]

What industry do you work in? That will better help us reply to this!

[@ahmedhabeeeb]

I believe growth is not the way you just mentioned; growth really comes from new profitable, sustainable and scalable business models enlarging your current business model through scaling it and improving its P/L does not enable growth of your business organization before all of this, a strategy is what really shaping growth

[@HatchTribe]

Agreed that a strategy is the most important part! You have to know if you have a scalable business model to begin with before taking action. Great point!

[@naveenm325]

Super. Keep posting like this. 🔥 ❤

[@HatchTribe]

Thank you! Glad you found it helpful!

[@SavedPulley]

Great job! God bless!

[@HatchTribe]

So glad you enjoyed it!

[@methsara2210]

Really informative ❤️

[@HatchTribe]

Thanks! So glad you found it helpful :)

[@condor68y1]

Please join me for a free virtual course on Growth and Scaling. Learn how mindset, management style, CEO focus and so many other things must change when you shift from standard operations to a growth mindset. Click here to Register: www.ceobootcamp.us/free-mastering-the-top-10-challenges-of-scaling-a-business-YT

[@cupofteawithouthoney1634]

great video. keep going! 🙌

[@HatchTribe]

Thanks! So glad to hear you liked the video!

[@sohanughosh]

Thanks. Helped.

[@thehilary]

Happy to help!

[@ADAMOLOGY]

I like the definition piece!!

[@HatchTribe]

Right on! Glad it resonated with you!

[@NjorogeGATEITEI]

Well explained with beauty and some dash of ‘whatever the heck’..I almost wanted to say that the mix of beauty, brevity and some dash of brass are a turn on but won’t say that.

[@HatchTribe]

Beauty, brevity, and brass...we'll take it :)

[@magdalenasitkiewicz3340]

Amazing video! I recently started my own company. I started using the Firmao CRM system adapted to my business. It makes my job much easier. Maybe I will achieve success :)

[@mainmarketafrica]

Nice one🔥

[@HatchTribe]

Glad you liked it!

[@condor68y1]

For serious entrepreneurs and CEOs who want to grow 7, 8 and 9 figure businesses. Join me for a free webinar training on the Top 10 Challenges of Growth & Scaling Any Business. Register here: www.ceobootcamp.us/free-mastering-the-top-10-challenges-of-scaling-a-business-YT Sponsored by The CEO Boot Camp

[@UgDogLover]

Very insightful

[@HatchTribe]

Glad you enjoyed it

[@aleshahill9103]

Thanks!

[@HatchTribe]

You are so welcome! Happy to help :)

[@innovativefacultytrainingkota]

Very good

[@Claratiger]

I wanna scale ⚖️

[@HatchTribe]

Yes! You've got this!

[@FOODREVOLUTION360]

Thank you.

[@HatchTribe]

You're welcome! So happy you found it helpful!

[@Zxt45]

If you meet your EBITA, growth does generate more profit. Scaling is getting the business to run without you.

[@HatchTribe]

It's true that many business owners want to grow a business that can run without them. But a business that runs without the CEO/owner/founder, doesn't necessarily mean the business has "scaled". It just means they've built the team in a specific way that this 1 human is not necessary. That doesn't always equal SCALE.

[@حمود-ر3ط]

😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

[@simplyvat]

This is really useful for scaling businesses. So great!