Leaders Who Scale

For business owners that are just starting out, the are many challenges awaiting them, and even as they grow the challenges just evolve. Todd Hess founded Todd A. Hess Painting Co which is built on a 21st-century business model that started as a 1 man operation and has grown exponentially. Get ready to learn about the five biggest challenges new businesses need to solve, how to take another look at your vision for the company, and what business owners need to look for when choosing a new software solution. 
 
Takeaways:
There are five big challenges that a business must solve in order to scale. These are culture, people, standard operating procedures, systems, and processes to hold the systems in place.
Many entrepreneurs starting their first business don’t take into consideration how important it is to have a vision for where they want the company to go. 
Your vision for where the company is going is not something that you decide on once and file away forever. Try to revisit it once a year and see if that goal is reflective of where you are now. Involve your team in the creation or refinement of your vision.
By meeting regularly with your whole team to discuss improvements to the company’s standard operating procedures, you can increase your team’s buy-in to the procedures and the company as a whole because they feel heard and valued.
As you start your company, you need to be adaptable to the changing conditions and challenges that arise as your company starts scaling.
Keep a look out for opportunities to diversify and get involved in other revenue streams so that you are not entirely reliant on the success of just one business. 
When you buy a software solution for your company, take the time to learn the extent of what that tool can do. Chances are there are a lot more features included than what you originally bought it for. 
 
Quote of the Show:
“The men and women that make your company run and operate, have to be actively involved in that vision. They need to know and have transparency on where you're going and what you're doing” - Todd Hess
 
Links
LinkedIn: https://www.linkedin.com/in/toddahesspaintingco/ 
Todd A. Hess Painting Co. website: https://www.toddahesspaintingco.com/ 
Todd A. Hess Painting Co. Facebook: https://www.facebook.com/Toddahesspainting 
Todd A. Hess Painting Co. Instagram: https://www.instagram.com/toddahesspaintingco/ 
Hess Supply Co. website: https://www.hesssupplyco.com/ 
 
Shout Outs:
McCormick Paints
PEP Cloud 
Knowify
Beyond the E-Myth by Michael E. Gerber
Start with Why by Simon Sinek
Leaders Eat Last by Simon Sinek
Discipline Equals Freedom by Jocko Willink
Leadership Strategy and Tactics by Jocko Willink 
 
Ways to Tune In
Amazon Music: https://music.amazon.com/podcasts/337eea2a-f8ab-4b4f-8a36-fe4143b5913b
Apple Podcast: https://podcasts.apple.com/us/podcast/leaders-who-scale/id1609131634
Spotify: https://open.spotify.com/show/5PFtdxDlXcnaojG8jJk74T
Google Podcast: https://podcasts.google.com/feed/aHR0cHM6Ly93d3cubGVhZGVyc3dob3NjYWxlLmNvbS9mZWVkLnhtbA
YouTube: https://youtu.be/F4XWKBwbEAU 

Show Notes

For business owners that are just starting out, the are many challenges awaiting them, and even as they grow the challenges just evolve. Todd Hess founded Todd A. Hess Painting Co which is built on a 21st-century business model that started as a 1 man operation and has grown exponentially. Get ready to learn about the five biggest challenges new businesses need to solve, how to take another look at your vision for the company, and what business owners need to look for when choosing a new software solution. 

 

Takeaways:

  • There are five big challenges that a business must solve in order to scale. These are culture, people, standard operating procedures, systems, and processes to hold the systems in place.
  • Many entrepreneurs starting their first business don’t take into consideration how important it is to have a vision for where they want the company to go. 
  • Your vision for where the company is going is not something that you decide on once and file away forever. Try to revisit it once a year and see if that goal is reflective of where you are now. Involve your team in the creation or refinement of your vision.
  • By meeting regularly with your whole team to discuss improvements to the company’s standard operating procedures, you can increase your team’s buy-in to the procedures and the company as a whole because they feel heard and valued.
  • As you start your company, you need to be adaptable to the changing conditions and challenges that arise as your company starts scaling.
  • Keep a look out for opportunities to diversify and get involved in other revenue streams so that you are not entirely reliant on the success of just one business. 
  • When you buy a software solution for your company, take the time to learn the extent of what that tool can do. Chances are there are a lot more features included than what you originally bought it for. 

 

Quote of the Show:

  • “The men and women that make your company run and operate, have to be actively involved in that vision. They need to know and have transparency on where you're going and what you're doing” - Todd Hess

 

Links

 

Shout Outs:

  • McCormick Paints
  • PEP Cloud 
  • Knowify
  • Beyond the E-Myth by Michael E. Gerber
  • Start with Why by Simon Sinek
  • Leaders Eat Last by Simon Sinek
  • Discipline Equals Freedom by Jocko Willink
  • Leadership Strategy and Tactics by Jocko Willink 

 

Ways to Tune In

What is Leaders Who Scale?

Welcome to Leaders Who Scale, a show about helping you get the right people, processes, and technology in place to set your company up for sustainable growth. Alongside host Jeff Siegel, you‘ll learn from industry experts and business owners who are succeeding in scaling their companies. Leaders Who Scale is sponsored by Siegel Solutions https://siegelsolutions.com/