- June 26, 2021
- Posted by: Stratford Team
- Category: Business
Opinions expressed are solely those of the author and do not reflect the views of Rolling Stone editors or publishers.
We all have grandiose ideas when we decide to start our own business. We picture being the next unicorn no one saw coming, adorning the covers of magazines, leading TED Talks, shaking hands with presidents and, of course, speaking to ivy leaguers at their graduation ceremony.
I once had big ambitions. I thought that in order to feel like my company was growing, I had to establish as many offices as I could. At one point, I had several locations in Canada, the U.S. and Europe. It didn’t take long to realize I was hemorrhaging money and valuable time, all because of what I pictured a high-growth company looked like. Boy, was I wrong.
It wasn’t until I scaled back to a couple of locations that I saw my profits really take off. There’s something incredibly valuable about staying small, especially if you’re the sole person…