When business owners attempt to handle all operations themselves, it creates significant barriers to growth, including the inability to scale effectively, difficulty in selling the business, and lack of true profit numbers that investors require during due diligence; this forces potential buyers to invest in building a team, which may reveal that the business lacks genuine profitability.
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Why Owners Can’t Do It AllAdded:
The other thing you said though was the two reasons they don't hire and they run lean is uh number one they're growing too fast to do it. Mhm. Uh >> [music] >> and the and number one I think you said was you know they're just trying to do everything themselves and and when you're thinking about scaling or reselling, it's hard when uh if you want to exit your business, Mhm.
you'll put it on the table for sale and you're doing everything as a business owner, A you don't have true profit numbers.
>> Mhm.
And when an investor does their diligence, they're going to go there's no team here and that means a couple things. The owner's doing everything and I'm going to have to invest in a team and if I invest in a team, now I look at the numbers, is there really any profit here? So that's a scary proposition, too.
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