- Joined
- Dec 17, 2018
- Messages
- 28
Rep Bank
$395
$395
User Power: 275%
Hey guys, I wanted to share my story and wanted to get some perspective.
I built and currently run a low 7 fig service based company in Australia for the past 2 years. It was great in the beginning and I was excited everyday to get to work, hustle hard, and fell in love with the idea of building a massive empire with 100s of employees and to go national and sell it for millions of dollars. Oh naive me.
I hustled, recruited great people and things were exciting. People were energetic and there were no issues we couldn't solve. I focused heavy on culture, customer service and the team built systems and processes for service delivery. Customers were happy, employees were happy, and I was happy. Then the music stopped.
Cracks started to show themselves.. People started to complain about other people in the business. I had to fire people (people I became friends with - that sucked), deal with complaints from customers, and complacency among staff. I lost the pulse and my passion slowly dwindled each month and became pretty apathetic to be honest. Although revenue continued to increase, I felt my life in the business became a slog. I've outsourced most duties and I'm not too much in the the day to day grind but I feel guilt that my hearts not in the business anymore. I hate micromanaging people and feel like I've lost the plot.
With another COVID lockdown here in Sydney Australia, all my negative emotions just amplified.
I have doubts. I ask myself if I'm cut out for this? Is this a phase I just need to work through? Are these growing pains that all business owners go through? Is this part of every business owners learning curve? Do I need to man the fk up, get the sand out of my vag, and develop myself more?
Managing people and their emotions are a sign of a great leader and do I need to have this skill to be successful? I feel drained when i'm doing this and I also feel guilty that I can't hold space for these people that need me to be their servant leader.
My question to you business owners out there:
Is the gold at the end of the rainbow to keep scaling for another few years or is my skillset just good at starting things and I should back off... Did you hire someone to take over?
I'm here seeking perspective from other business owners who have perhaps been in my shoes and have either worked through it or found another alternative or just any wisdom they would like to share for this novice.
Thanks and appreciate your time and input!!
I built and currently run a low 7 fig service based company in Australia for the past 2 years. It was great in the beginning and I was excited everyday to get to work, hustle hard, and fell in love with the idea of building a massive empire with 100s of employees and to go national and sell it for millions of dollars. Oh naive me.
I hustled, recruited great people and things were exciting. People were energetic and there were no issues we couldn't solve. I focused heavy on culture, customer service and the team built systems and processes for service delivery. Customers were happy, employees were happy, and I was happy. Then the music stopped.
Cracks started to show themselves.. People started to complain about other people in the business. I had to fire people (people I became friends with - that sucked), deal with complaints from customers, and complacency among staff. I lost the pulse and my passion slowly dwindled each month and became pretty apathetic to be honest. Although revenue continued to increase, I felt my life in the business became a slog. I've outsourced most duties and I'm not too much in the the day to day grind but I feel guilt that my hearts not in the business anymore. I hate micromanaging people and feel like I've lost the plot.
With another COVID lockdown here in Sydney Australia, all my negative emotions just amplified.
I have doubts. I ask myself if I'm cut out for this? Is this a phase I just need to work through? Are these growing pains that all business owners go through? Is this part of every business owners learning curve? Do I need to man the fk up, get the sand out of my vag, and develop myself more?
Managing people and their emotions are a sign of a great leader and do I need to have this skill to be successful? I feel drained when i'm doing this and I also feel guilty that I can't hold space for these people that need me to be their servant leader.
My question to you business owners out there:
Is the gold at the end of the rainbow to keep scaling for another few years or is my skillset just good at starting things and I should back off... Did you hire someone to take over?
I'm here seeking perspective from other business owners who have perhaps been in my shoes and have either worked through it or found another alternative or just any wisdom they would like to share for this novice.
Thanks and appreciate your time and input!!
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
