Team Challenges and Rapid Growth – Diary of an Entrepreneur

2021 has been a roller coaster! What started as a year full of hope for a better year than 2020, was quickly hit with more lockdowns and restrictions crippling more of our fragile economy. One could not go through life without hearing about someone you know losing their job or being placed on short time. It’s a hard situation to be in, and while I was in a similar situation in 2020, 2021 has been a better year for me.

Since the beginning of the year, my marketing agency has thrilled its revenue and brought on team members. This was a goal of mine, although I never thought it would be possible in such a short timeframe. Glory to God as the provider he is. While this year has been great, it has not been without its challenges…

Team Challenges

Having a team for the first time in your entrepreneurship journey is an exciting and scary time. You have fresh ideas and more capacity, but you also have contracts, salaries and management to go with it. While I am lucky to have the best team, managing the team has been a challenge. I had to get Office365 (Yes I’m a Microsoft man. Sorry Google.), I then had to work out team management systems. While Trello worked well when it was just me, I found it more difficult when I had two writers and a social media person constantly working with me. This led me to upgrade to Asana which has been a lifesaver!

Further than this, I made the oldest mistake in the book by assuming that my team would have the same work ethic, understanding and initiative that I do. I know, it’s such an obvious mistake and yet I made it. Don’t get me wrong, my team are great but I cannot expect them to be me! This added a new complexity of me learning to delegate through detailed briefs rather than the one-liners I leave myself.

Keeping Up with Growth

Another part of this year that I have found difficult is the rapid growth we have experienced. While growth is good, this rapid growth brought in cash flow issues, staffing issues and delays in providing the work required. While these are by all means “good problems”, they are still scenarios that I was not used to dealing with.

One, seemingly simple solution I found was to become very detailed with planning and forecasting. This was not something I had done in detail before, but I was now forced to. Since doing more forecasting and planning, I have found the rapid growth much more manageable.

2021 has definitely been a rollercoaster this far and I am excited to see what the rest of the year holds. I am fortunate to be in the position where I am, it comes with its own challenges. If you have had similar challenges, please share your experiences in the comments section below.

Stay safe, Keep Growing!

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