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067: 2 Lessons About Business From My First Mentor

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Manage episode 263826934 series 2305920
Content provided by Wilson Komala. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wilson Komala or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

067: 2 Lessons About Business From My First Mentor

My mentor was a success story who sold his company for 21 Million dollars. The valuable information he imparted on me has guided me through many stormy seas and dark nights.

I remember one of his important points was to always build a business for scalability. A scalable business will ensure it's built for long-term survival and won't die just like the hype for it.

Imagine getting so many clients but being unable to handle the load, leading to your business's demise. That is the prime example of a business that wasn't scalable.

Also, don't overlook the importance of a parallel margin for your business.
The more business you have, the more people you need to hire, the bigger office you need, the more infrastructure you need.

Listen in to learn more!

Instagram: @wilsonkomala

[email protected]

Also, get your FREE copy of ContentBox (100+Social Media Content Ideas) by joining our group here: https://www.facebook.com/groups/kingsmaker

  continue reading

87 episodes

Artwork
iconShare
 
Manage episode 263826934 series 2305920
Content provided by Wilson Komala. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wilson Komala or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

067: 2 Lessons About Business From My First Mentor

My mentor was a success story who sold his company for 21 Million dollars. The valuable information he imparted on me has guided me through many stormy seas and dark nights.

I remember one of his important points was to always build a business for scalability. A scalable business will ensure it's built for long-term survival and won't die just like the hype for it.

Imagine getting so many clients but being unable to handle the load, leading to your business's demise. That is the prime example of a business that wasn't scalable.

Also, don't overlook the importance of a parallel margin for your business.
The more business you have, the more people you need to hire, the bigger office you need, the more infrastructure you need.

Listen in to learn more!

Instagram: @wilsonkomala

[email protected]

Also, get your FREE copy of ContentBox (100+Social Media Content Ideas) by joining our group here: https://www.facebook.com/groups/kingsmaker

  continue reading

87 episodes

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