Growing your Company from Today to Early-Retirement

The best advice I’ve ever received: “Don’t get stuck in the today. Instead, lead with the end goal in mind.”

When launching and growing our business, it’s easy to get caught up in immediate needs. How to get more customers, pay our selves and employees, launch the newest product? These are important questions.

But what makes your business any different from a salaried, corporate position (the secret’s in the next paragraph). Because let’s face it, owning a company gives us a paycheck, but also headaches, pressure, complications, and paperwork!

What makes owning your own business so appealing? If done successfully, it allows you to create the life you’ve always dreamed of! To do that, you need to create a company that will grow, scale, and become an asset you can monetize.

We started Local Union for work flexibility and financial freedom. Sure, we can operate and maintain our company to provide us with decent paychecks. But the end goal? Retire by the age of forty and make an incredible impact on local communities.

To do that, we need to scale and grow, today.

With the end in mind.

How to Grow your Company from Today to the Future

As you grow your company, ensure you are holistically and strategically comparing where the business is at today, versus the end goal (whatever this looks like for you).

Yes, marketing is important today. Absolutely, Customer Experience is critical right now.

But to get out of the continual cycle of operations, you need a holistic approach.

What’s the road map to success?

We are big believers in the “one thing” philosophy. When you have the goal in mind, what’s the one, big “thing” you can do today that gets you closest to where you want to go?

Think of everything in your business. Approach your company holistically.

What’s the one thing that will get you close to that goal?

Focus there!

Here’s our tips for hitting your company goals:

1) Understand your end goal

2) Map out the big “things” needed to go from today to the end goal

3) What’s the ONE thing you can do this year to get you closer to that goal?

4) What’s the ONE thing you can do this MONTH to get you closer to the YEAR goal?

5) What’s the ONE thing you can do this WEEK to get you closer to the MONTH goal?

What’s your ONE thing? Comment below!

We love helping entrepreneurs renovate their business strategy to build long-term assets. Reach out today!