Story: Product, humanity and system for business
It’s been 5 years since I started freelancing. I am transforming the service and developing new skills each year. I enjoy working with a client who has never met before. Thanks to the internet and online marketplace, we can work whoever/wherever a client is.
I did accounting for the year 2021. It was the best year in 5 years and sales are increasing every year. However, I feel I have many issues in this business. For example,
– I am using my skills and experience, no leverage ✓
– If I faced condition issues, a business will be dead ✓✓✓
– I need to bid for the next potential project ✓
– I have invited projects frequently and worked with clients in 2021, but I cannot expect it exactly when ✓
– I can grow, but I cannot scale
Blog: The Year in Review 2021 as Freelance Graphic/Web Designer
I need to develop a product as well as provide a service. It’s one of the goals in 2022. Therefore, I searched about scale.
I did not focus on web design or graphic design. More about business in general.
How to Scale Your Business
©Valuetainment
– The best product does not always win
– If a business is 100% predicated on your personality that is not a scalable business and you are not going to have a life
– System, product and personality ✓✓✓
– System is not going to scale their business itself.
– Person needs a driver.
– Think big
– Celebrate span
– Working more on your business
– Optimal solution
– Leverage
Build a Business That Can Scale | Tony Robbins Podcast
©Tony Robbins
– Most of the new business comes from referral
– Good reputation and the greatest limitation
– Possess 6-7 legs (not a few revenue sources) ✓✓✓
– Develop own area, understand your nitch
Tony Robbins talks with a photographer. How do you respond? I get about the brand question about large companies. It’s branding. Training people to do what you want starts still yourself. It makes sense. Fire the customer. I understand some situations.
10 Best Ways to Scale a Digital Business
©Alux.com
– Develop a digital product or business
– Growth and scale
– Vertical scale, e.g. Instagram added a video
– Horizontal scale, e.g. Uber extends the business, Uber Eats
– New tech, e.g. Ikea AI APP
– Scale human and volume of sales are indifferent, e.g. make WP theme rather than make a website
– Through other companies, e.g. Home Depot delivers Christmas trees by Uber
– Taking over another company, business acquisition
– Breaking down
– Build a scale
– Offer affiliate marketing
Some sentences:
– Growth: a company adds new resources (capital, people, or technology), and its revenue increases as a result.
– Scaling: revenue increases without a substantial increase in resources
– Growth refers to increasing revenue
– Scale is achieved by increasing revenue without incurring significant costs
I have never heard scaleups, but it’s interesting terms and fit compared with startups.
1. Commit to grow ✓✓✓
2. Build broad management skillset
3. Build collaborations ✓
4. Establish standardized processes ✓
5. Identify core competence ✓
6. Articulate competitive strength ✓
+ Good business doesn’t rely on talent.
Very comprehensive lists and if you make a decision to scale whatever the economy/society is, you will be successful. Most people include me cannot determine it, or determination and action are different.
Conclusion: Against the scale
Scaleups sound like a trend in the United States even though it’s rarely possible to develop scaleups purposefully. Bloomberg Technology and other media always mention unicorns and numbers. Media positively celebrate their success as well as criticize once they failed.
I do prefer growth business/life rather than scale. My personality is quite former. I do not play poker or gamble. I don’t buy a lottery. I am sober. I feel it’s my life.
Reference:
Entrepreneur: Tim Ferriss Explains How to Scale Your Business in 3 Steps
Youtube: How to Grow Your Business and Sales Faster! by Victor Antonio
