You can't jump up a level without putting something in

When you’re starting off, its a regular phenomenon that you come to a point where you won’t develop any more unless you take a risk by investing more in the business.

Usually at the beginning it could be putting more time in – perhaps you need to cut down the hours on your regular job, or leave it altogether. A scary choice to make – but necessary.

As time goes on the next thing you’ll find is that you can’t develop unless you get more people involved who have new skills to develop your products, or marketing, or sales or … whatever – so that you can expand the business by changing how you operate. And that requires financial investment.

The way to make things easier during these quantum leaps of faith is to make them based on a sound analysis of where you are and what you’re planning to. This is where an up-to date business plan and cash flow forecast come in handy. The process is quite an ordeal, but it’s necessary to give up things in order to make new investments.

Each time you make that quantum jump, you break through the barriers holding you back and rise to the next level …. and the next challenge.