Beyond Margins: Build a calmer business with comfortable margins
Business:Entrepreneurship
Shift Your Model To Get Your Business to Maintenance Mode with Mark Butler
Sometimes we end up building a business that just doesn't fit our lives.
Not intentionally. Sometimes it just happens that way.
Maybe you don’t have the freedom you thought you’d have. Maybe you’re doing group courses but you really want to be 1 on 1 with clients, or vice versa.
Sometimes when you step back and examine what it'll take to get to maintenance mode or what it will take to scale or grow, you realize that you don't actually have the capacity to grow this thing you built. The business you built isn't designed for that.
In order to get to maintenance mode, you need to shift.
Ryan Lazanis and I talked about this in Episode 75 - we'd each built businesses that didn't fit how we wanted to live our lives and so we ended up starting new businesses and specifically building them for maintenance mode.
But you don't have to burn the whole thing down.
Meet Mark Butler. He's the founder of the accounting startup Let’s Do the Books, as well as a freelance CFO for life coaches. And instead of shutting his business down and starting over when he realized that something needed to change for him, he created a complementary business with a different business model–one that was designed for maintenance.
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