#AskPeshev 41: Scaling Your Business

#AskPeshev 41: Scaling Your Business

May 20, 2020

“Many times, being a solopreneur means spreading yourself too thin by constantly bouncing back and forth between multiple endeavors. This has several specific drawbacks.”

— Mario Peshev

It’s hardly the best time to consider scaling your business right now.And yet, some strategic decisions you’re making will impact the long-term results you’re striving for.You may have to part ways with team members. Or terminate an internal product you’re working on. Or maybe you’re doubling down on an initiative which won’t be lucrative in a year from now.Understanding how business strategy works in practice is really important. Your staff has acquired institutional knowledge (and in-depth understanding of your processes and best practices). What worked 6 months ago will probably be in demand a year from now. Of course, pivoting now can still reveal new ventures worth pursuing. Here are a couple of guides for you that will come handy in the next few weeks.Mario

Running a business alone is challenging, but this is usually not the end goal for beginner entrepreneurs. Even if you’re not aiming to become the largest corporation out there, scaling your business would probably mean that you’re going to need a few people to help you in different areas.

It's All About Reading...

If you’re a founder or a co-founder of a growing company, or you’re just involved in the corporate business planning, this guide will provide you with easy but highly efficient ways to scale your organization towards growth.

The fact that you can learn programming for free doesn’t mean that people are determined to put the time and effort in order to become good at what they do and end up earning a big salary. As a matter of fact, I’ve been involved with several universities, academies, and schools as a seasoned trainer...read more…

Taking long-form content to an extreme (not skyscrapers but ebooks as posts) will probably boost your ranking but won't improve readability. This is one of the paradoxical aspects of Google SERP lately - dodging 500-word stories often leads to 6K+ guides that are just skimmed.read more…

Efficiency is the name of the game!That's how I start my collection of business tips for May. Here's what else I've got prepared for you this month!

Now, more than ever, it's extremely important to stay away from the "Productivity Trap". Money doesn't fall from the sky.Money directly correlates with the work we all do. So, if we want to save the world economy from the biggest collapse since the Great Recession, then communicate clearly with your employees how important it is to keep the productivity at a reasonable level.

Now, it's a valid time to look at some of the benefits that working with remote teams may bring to your business.Hiring employees overseas may not only cut down your over staff expenses, including paying rent for additional office space or other office equipment.

How comfortable is your home office setup?Even if you're stuck in a small flat with limited space to work, you can still apply some best practices to increase your productivity while working. Remote office configurations can vary depending on your personality. Luckily, I've listed 6 tips that are mostly applicable to everyone.