Which of these 3 key roles are you missing in your scale-up?

Which of these 3 key roles are you missing in your scale-up?

If you’re a Founder, serious about scaling your business right now, follow Emmie Faust for advice on business growth, inspiration and support.

I know from setting up and scaling businesses myself, it can be really lonely, can't it? 

As an entrepreneur, as a business founder, everyone's looking to you for the answers, for direction, for encouragement.

Developing those leadership skills can be a challenge - especially if this is your first time being in that sort of role.

And if you’re seeking, or have secured funding, you've got this added pressure of investors to then think about.

It's enormously pressurized and actually being able to become the leader that you want intentionally and confidently, can be exceptionally hard in that space and at that stage of business.

What I’ve learned later, through consulting for dozens of businesses who are scaling up, is that when founders seek support from experienced people who can empathize and guide them, they are better able to navigate the challenges they face.

Six out of 10 businesses in the UK don’t make it to the five-year mark 

Six out of 10 businesses in the UK don’t make it to the five-year mark - evidence of a huge gap in leadership skills in this country. I spoke to a recruiter the other day and we were wondering whether this is down to the lack of external support as businesses are scaling (talking non-exec directors and mentors) - I think it probably is.

Recently on my podcast, 'Starting to Scale with Emmie Faust', I interviewed Rebecca Morley, a leadership coach working with entrepreneurs and businesses that are scaling up.

We talked about how to get the right kind of support at the right phase, including, the 3 key roles that can all make a difference to the success of your scale-up:

The business growth consultant, the coach, and the non-executive director.

Listen here to discover the difference between them, and how to know who to hire when. Or find episode #38 on Starting to Scale with Emmie Faust on your favourite podcasting platform.

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We had a fantastic non-exec director called Rob Noble. He helped us navigate some of the really challenging circumstances at work, especially at times like when we were selling our business (and for us that was the first time). So thanks, Rob!

Do you have a non-exec director? I would love to know?

Tomorrow I am launching my Summer Business Bootcamp so if you are serious about scaling but feeling overwhelmed then maybe it's the thing for you (DM me and get in touch). You can also follow me on LinkedIn, and subscribe to my newsletter for useful information and support.

Rebecca Morley PCC

Founder Third House | Leadership Development for Scaleups | Coaching for First Time CEOs

4y

Support on the journey is absolutely key to a) making a success of things b) enjoying it and c) staying sane. Getting the right help at the right time is hugely important and has a enormous ROI if you get it right. I loved having this conversation with you Emmie Faust. The more people we can help run brilliant businesses the better! 🌈

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