By: Joshua Finley
Tanner Chidester, known for his straightforward and often blunt advice, Tanner has helped countless entrepreneurs scale their businesses at lightning speed. In this article, we delve into his insights on why the notion of “slow growth” is a myth and how you can propel your business forward.
Breaking the Myth
Tanner Chidester doesn’t believe in the concept of growing a business slowly. For him, it’s either you’re doing the right things to grow, or you’re not. He shares his frustration with entrepreneurs who believe they are growing their businesses at a reasonable pace, only to find out they are barely making significant progress. He emphasizes that if you’re not seeing substantial growth, it’s time to reassess your strategies.
Real Growth vs. Perceived Growth
Tanner recalls a conversation with an entrepreneur who proudly mentioned doubling their business from $7,000 to $15,000 a month. While any growth is commendable, Tanner points out that this incremental progress isn’t enough. Comparing this to his own journey, where his business skyrocketed from zero to millions in a short span, Tanner highlights that true growth involves making significant leaps, not just small steps.
The Power of Decision-Making
One of the critical factors Tanner identifies for rapid growth is the speed of decision-making. He explains that the difference between successful businesses and those that struggle often comes down to how quickly they make decisions. If it takes you a year to make a decision that others make in an hour, you’re already hundreds of decisions behind. Fast, informed decision-making is crucial to staying ahead of the competition.
Real-Life Examples
Tanner shares two compelling stories that illustrate his points. The first is about a fitness couple who increased their revenue from $15,000 to $20,000 a month. Tanner advised them to raise their prices and invest in advertising, which could have tripled their revenue. However, their reluctance to take bold steps kept their growth modest.
In another instance, a business owner wanted to grow from $15,000 to $100,000 a month but was constrained by a budget. Tanner stresses that business growth doesn’t care about personal constraints or feelings. Success requires doing whatever it takes, whether it’s increasing spending on ads, hiring more staff, or implementing new sales strategies.
Mindset Matters
A significant part of Tanner’s philosophy is that your mindset shapes your reality. If you believe that growing a business is a slow process, it will be. Conversely, if you think it can happen quickly, you’re more likely to take the actions necessary to make it so. Tanner encourages entrepreneurs to surround themselves with successful people and emulate their actions, rather than making excuses for slow progress.
Practical Steps for Rapid Growth
Tanner’s advice is actionable and clear:
- Increase Investment: If something is working, invest more in it. Spend more on advertising, hire additional staff, and scale your operations.
- Eliminate Excuses: Stop rationalizing slow growth. Identify and remove any constraints that are holding you back.
- Fast Decision-Making: Make decisions quickly and confidently. The faster you make decisions, the quicker you can implement and see results.
- Seek Mentorship: Learn from those who have achieved what you aspire to. Follow their advice and replicate their strategies.
- Mindset Shift: Believe in rapid growth. Your thoughts will influence your actions and ultimately your results.
Conclusion
Tanner Chidester’s approach to business growth is both inspiring and practical. He debunks the myth of slow growth, emphasizing that with the right mindset, strategies, and decisiveness, any business can achieve rapid success. For entrepreneurs looking to break out of stagnation and accelerate their growth, Tanner’s insights are invaluable.
So, if you’re tired of seeing minimal progress and ready to take your business to the next level, it’s time to adopt Tanner Chidester‘s philosophy. Remember, there’s no such thing as growing slowly – only doing what’s necessary to grow quickly and effectively.
Published by: Martin De Juan
