Melanie from theceofactor.com gave a great webinar on the steps of your craft business growth. Here are my notes:
Strength overused becomes your greatest weakness.
Craft Business growth:
1) Idea, but nothing going yet.
2) Startup– 4 elements in place. website, marketing, content, and product
3) Grow– you know what will work and what doesn't. Rapid excelleration.
4) Maintaining.
- growth foundation
- sustainable goals- what is the end? scalable business model= consistant, predictable. something that grows larger than you, it can be replicated.
- Infastructure. This is what elimanates breakdown. Golden key to doing what you want. It's your team, right technology, systems in place….
- Feedback mechanism. How you monitor and measure what makes money, what wastes, what do they love? hate?
- Stron cash infusion strategy. how do you manage cash coming in? Is there financing opportunities, investors?
This was a great call and wonderful to see where I 'fit in' in the whole scheme of things. I can use this to break down some goals and decide where those fit and when I actually need to start or finish something.
Have any thoughts?
