Are you truly doing everything you can to get good people on board?
All entrepreneurs know there’s a point where they can't do everything themselves. Maybe you're way past this already, or maybe you're just on the cusp of hitting it. Companies either have too many leads/customers, or funding that must be directed at in-advance capability building. Both of these require manpower.
Having the "right team" in place is often cited as a critical success factor for founders who want to grow faster. But, successful founders know that the "right team" also changes as you grow.
Early stage start-ups have it easy in many ways. After patching together a minimum viable product with help from friends and freelancers, they can start offering that product to potential customers. If they’re focused, the co-founders are spending most of their time acquiring initial customers and figuring out what those customers actually want.
Your business is awesome. You solve real problems for your customers better than the competition ever could. You're professional and organized. But are some deals slipping through your fingers that you absolutely should have won?
How often do you hear advice like “outsource as much as you can?” If you're a business owner, you probably hear that a lot. Don't get me wrong, outsourcing is a great tool for your arsenal, and you can use it to tap into specific types of expertise that you simply don't have (nor want to have).