How to scale your million dollar business to multi millions
As an ambitious, driven entrepreneur, you’ve worked tirelessly to build your professional service, coaching or consulting business to the seven-figure mark. Congratulations, that’s an impressive feat that few achieve. However, the real test lies ahead, as you now face the challenge of scaling your enterprise to new heights.
The path to multi-million-dollar success is paved with obstacles that many business owners struggle to overcome. In this revealing blog post, we’ll explore seven lesser-known secrets that can help you break through the seven-figure ceiling and take your impact, influence and income to the next level.
What this post covers:
- • Silence your inner critic and replace negative thoughts with logic and confidence.
• Be ready to embrace change and strengthen your business systems as you scale.
• Think bigger and make bolder decisions to access greater opportunities.
• Guard your focus to stay committed to your growth goals.
• Flex your boundary muscles to create the space you need to scale.
• Recognise and relish in the growth you’ve already achieved.
• Delegate with determination, even when it’s challenging at first.
Listen now:
Silence Your Inner Critic and Embrace Confidence
As an accomplished entrepreneur, you’ve already proven your mettle by building a successful seven-figure enterprise. Yet, the path to greater heights is often hindered by the same nagging self-doubt that plagued you in the early days.
“Your body is designed to tell you new is scary. Different is scary. Change is scary. And the unknown is scary,” Leanne explains. “And what you need to do is when those thoughts come in and tell you, you shouldn’t do something. You can’t do it. You won’t ever be as good as. Maybe this was a crazy idea that needs to be put away.”
The key is to recognise when your inner critic is activated and replace those negative, fear-based thoughts with logic and confidence. After all, you didn’t achieve seven-figure success by playing it safe. Leanne emphasises that to continue scaling, you must be willing to silence that inner voice and take bold, courageous actions, even when the outcome is uncertain.
Be Ready to Embrace Change and Strengthen Your Systems
Many entrepreneurs reach the seven-figure milestone by flying by the seat of their pants, making it up as they go. However, Leanne cautions that the strategies and “sticky tape and glue” approach that served you well in the early days may no longer be sufficient.
“What got you to this point is likely not what’s going to get you into multi seven figures. Because there’s less grace here. What you need to do is a little bit different. It’s not harder. But it’s different.”
As you scale, your business will face increased pressure and scrutiny. Systems that previously held up may now spring leaks, and the time has come to strengthen your operational infrastructure. This may involve bringing in specialists, implementing new processes, and embracing a more systemised, data-driven approach.
The key is to avoid clinging to the comfortable, familiar ways of doing things. Instead, adopt an open mindset and be excited by the prospect of optimising your business for greater growth and impact.
Think Bigger and Make Bolder Decisions
One of the hallmarks of successful seven-figure entrepreneurs is their ability to think and act big. Leanne has observed that many business owners get stuck in a mindset of making micro-decisions, focusing on smaller opportunities that keep them confined within their current limitations.
“If you keep looking at the micro and you keep making decisions based on small things, the email that you should send and the format it should have, how many communications there should be, five or seven, whether it should go to this page or that page, you’ll only ever be presented with opportunities in that space because that’s where your focus is.”
The Challenge of Maintaining Specialised Skills
While OBMs are versatile professionals, the expectation of mastering a wide range of skills, from content creation to financial management, is simply unrealistic. Specialisation is the key to delivering high-quality, impactful work. By acknowledging the limits of a single person’s expertise, you can build a team that collectively possesses the specialised skills required to drive your business forward.
“If you have an OBM who’s promising all of those things, they might be able to do it, but they are going to be able to do it to a surface level. They are not going to be able to do every single component of those things to a deeper level. And that will have impact.”
To scale your business to new heights, you must train yourself to see the bigger picture and make bolder strategic decisions. This may involve exploring new revenue streams, expanding your service offerings, or even pivoting your business model. By shifting your mindset and broadening your perspectives, you’ll unlock a world of untapped possibilities.
Guard Your Focus and Set Boundaries
As your business grows, it becomes increasingly easy to get pulled back into the day-to-day minutiae, allowing your emotions and external demands to hijack your attention. Leanne emphasises the importance of guarding your focus and setting firm boundaries to protect your time and energy.
“Your focus is important. If you want to be able to hit those goals, to get bigger possibilities, get bigger opportunities, and roll with them, you need to control where your focus goes. You need to stay committed to wanting that.”
This may involve delegating more tasks, becoming more selective about the projects and clients you take on, and learning to say “no” to requests that don’t align with your strategic priorities. By establishing clear boundaries and safeguarding your focus, you’ll create the mental and physical space needed to tackle higher-level initiatives and drive sustained growth.
Recognise and Relish in Your Growth
One of the common pitfalls Leanne has observed in scaling entrepreneurs is a tendency to feel guilty or uncomfortable about their success. As you reach new heights, it’s crucial to recognise and celebrate the value you’ve created, rather than second-guessing your worth or pricing.
“There is a reason you’ve gotten to where you are now. You obviously have something good to give the planet, and people resonate with that. People want it, and they want more of it. And you are totally worth that higher price now. You’re totally valid in having less availability.”
By embracing your growth and the impact you’ve made, you empower yourself to make strategic decisions – such as adjusting your pricing or limiting one-on-one offerings, that will enable you to scale your influence and income even further. Celebrate your achievements and have the confidence to charge what you’re worth.
Delegate with Determination
One of the most commonly cited challenges in scaling a business is the art of delegation. Many entrepreneurs struggle to let go of control, fearing that no one can handle tasks as well as they can. However, Leanne cautions that this approach is ultimately self-limiting.
“It’s not faster for you to do it yourself. It’s not helping anyone for you to do it yourself. All it does when you do that, when you jump in and help, or when you go ‘I’m just going to do this part of the process because I’m here right now.’ All it does is take away your team’s confidence.”
To scale effectively, you must learn to delegate with determination, even when the process is messy or doesn’t go as smoothly as you’d like. By trusting your team, providing clear guidance, and allowing them to learn and grow, you’ll not only free up your own time and energy but also empower your employees to take ownership and make sound decisions.
The Bottom Line:
As an ambitious empire builder, you’ve already accomplished the remarkable feat of building a seven-figure business. Now, it’s time to unlock your scaling superpowers and take your impact, influence and income to new heights.
By embracing the seven secrets revealed in this post – from silencing your inner critic to delegating with determination – you’ll position your enterprise for sustainable, strategic growth. Remember, you’ve already proven your mettle; now it’s time to unleash your true potential.
If you’re ready to break through the seven-figure ceiling and reach new levels of success, the insights shared in this article are just the beginning. The real transformative power lies in putting these strategies into action and surrounding yourself with the right support system to guide you on your scaling journey.
So, which of these seven secrets resonates most with you and your business right now? Where do you feel you need to focus your efforts to unlock the next phase of growth? I encourage you to reflect deeply on these questions and make a plan to implement the changes needed to take your empire to the next level.
Over to you
The path to multi-million-dollar success is not without its challenges, but with the right mindset, strategies and support, the possibilities are endless. Are you ready to silence your inner critic, embrace change, and make the bold decisions needed to scale your business to new heights? The choice is yours.