Show notes
Mar 1, 2024
Hi there and welcome back to another edition of ScaleUp Radio, the podcast inspired by the Entrepreneurial ScaleUp System and designed to make navigating our ScaleUp journeys that little bit easier by learning from others' experiences.
I’m Kevin Brent and this week on the show we bring you one of our themed episodes where we look at a particular aspect of scaling up – this time a summary of our research findings into the challenges of scaling a business to and beyond 7-figures.
Understanding and recognising these challenges is an important part of understanding the Entrepreneurial ScaleUp System (ESUS) and how it can address them. Most of the challenges we face in scaling our businesses are common across businesses and sectors.
According to the latest government statistics, there are 6 million private sector SMEs within the UK, of which 5.7 million (96%) have fewer than 10 employees, and less than 1% more than 50 – and these figures a similar around the world.
So why is it that just 4% of UK businesses can scale beyond 10 employees? And, more importantly, what is preventing the average business owner from continuing their ScaleUp Journey reaching 20–25 employees or 50 plus?
Kevin Brent takes us through some of the key aspects followed by some great insights from Chris Cook, the founder of Chantry Group, the leading Franchise Growth Agency in the UK.
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Scaling up your business isn't easy, and can be a little daunting. Let ScaleUp Radio make it a little easier for you. With guests who have been where you are now, and can offer their thoughts and advice on several aspects of business. ScaleUp Radio is the business podcast you've been waiting for.
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You can get in touch with Kevin & Granger here:
grangerf@biz-smart.co.uk
Most founders I speak to feel busy but stuck; plenty happening, but not always clear on what genuinely matters most this quarter. If that’s you, the G90 Summit is worth a look. A structured half-day where we work through everything competing for your attention, get clear on the three to five things that must happen in the next 90 days, then commit to them and build the system to make sure they actually happen. Quarterly, virtual, £97 a seat.
Chris can be found here: