Comments on: Growing Pains That We Are Experiencing With Our Online Business

By: TK

TK — Sun, 17 May 2009 07:41:14 +0000

Steve, have you read The 4 Hour Work Week by Timothy Ferriss? If so, have you found any practical advice?

By: Tony

Tony — Wed, 13 May 2009 13:35:23 +0000

It’s good to find your niche and work on your own business. The success or failure is up to you. It’s hard work, but at the end of the day, the way you run it and the rewards gained are the results of your work, and you take the credit. Better than working for someone else who really doesn’t care. And best of all, the hours you work are the ones YOU want to work!

By: Ethan

Ethan — Tue, 12 May 2009 23:42:16 +0000

After a few years in business I realized that there are no such things as “good problems to have.” I recognize the sentiment being expressed when people talk that way, but nevertheless… THERE ARE NO GOOD PROBLEMS TO HAVE! That’s why they’re called “problems”.

Now whenever I’m in a business planning conversation and someone responds to a question with, “well, that will be a great problem to have…”, I quickly jot down the issue as one that needs to be addressed a bit further right now.

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Tue, 12 May 2009 23:37:54 +0000

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By: Steve

Steve — Tue, 12 May 2009 23:09:10 +0000

@HappyRock
Yep, it’s a good problem to have as long as I can see light at the end of the tunnel. Getting help that you can trust is harder than it looks

@Steve
My wife and I had this exact same conversation the other day. Would we be happy if the business achieved a certain income level and then stayed that way? The competitor in me wants to constantly expand but deep down I’m not sure if I want to grow our business too large. My dream is to eventually hire enough good employees to put the entire business on auto-pilot. Not sure if I’ll ever be able to do that, but I’ve got plenty of time to find out.

By: Steve

Steve — Tue, 12 May 2009 23:05:41 +0000

@Ashley
Thanks! I hope that my wife and I can hold out until help arrives.

@Andrea
I admit that having a business and making money is fun, but delivering the goods isn’t. If only there was a business in which I could just accept money but not have to deliver anything! Sounds like you have the scalability of your venture under control. Kudos to you!

@Cindy
Happy to have you as a reader. I love reading about other people in similar situations because I can relate to their problems. Outsourcing and hiring are all huge steps in the life of any business

@Marc @Stephen
Thanks guys for your support!

By: The Happy Rock

The Happy Rock — Tue, 12 May 2009 22:36:24 +0000

@Steve – That is a pretty darn insightful comment. Thanks for sharing!

By: Steve Rhode

Steve Rhode — Tue, 12 May 2009 19:39:33 +0000

Consider this from a guy that grew a big business from a small start, bigger is not always better.

It is okay to not be able to handle some jobs or tasks to keep your business in a comfortable and small size.

As you get larger you loose that family feel and for me at least, it became more about managing the business and less about what I love to do most.

Once it got big I then spent my time making it small again. Back to a point that I love.

Some growth is necessary but don’t feel you need to get too big.

By: The Happy Rock

The Happy Rock — Tue, 12 May 2009 19:29:44 +0000

On the bright side, it is a good problem to have I guess! Hopefully you are able to make some excellent quick decision without letting the stress and pain cloud your vision.

By: Stephen - Rat Race Trap

Stephen - Rat Race Trap — Tue, 12 May 2009 17:38:29 +0000

I wish I had your problems! Good article. Stumbled!