“Entrepreneurs Are The Wrong People To Grow Their Business” Claims Author of #1 Amazon Bestseller
“Entrepreneurs are the lifeblood of the UK economy yet many businesses fail to live up to their full potential because the very skills that make entrepreneurs so valuable at the start-up phase often become a hindrance when it comes to scaling up.”
This is the conclusion of Martin Norbury, an award-winning business mentor and author of the #1 Amazon Bestseller, I don’t work Fridays. Martin, who has earned the badge The Scalability Coach, has first-hand-experience in growing businesses. In his new business book, he explains why the entrepreneur is the wrong person to grow their business, and reveals a simple 5-step formula to give business owners confidence to lead, a clear structure and process to follow, and a set of simple tools to help achieve sustainable growth and realise their ambitions.
I don’t work Fridays comes fresh off the back of Government reports claiming how a lack of businesses scaling up is dragging down the UK economy. Whilst 2015 saw a substantial shift towards entrepreneurialism with a record number of business start-ups in Britain, there is pressure on the Government and banks to support businesses as they face the tough “scale-up phase”. In 2015, the Prime Minister announced a new initiative to help fast-growing firms secure financial support in order to make the leap from “small to medium-size”.
Yet despite over 600,000 new start-ups in the UK last year, half will fail within their first five years. Managing the numbers, people, and business strategy are cited as the biggest challenges owners face. And it’s not just those businesses that are stagnant or struggling to grow that is an issue, there’s the risk of growing at such a fast pace without the support in place, that you can “grow broke”.
Norbury’s underlying philosophy in his book I don’t work Fridays ultimately answers one question: when and how to exit a business.
Exit can represent a great many possibilities. Martin explains:
“Your goal could be to exit the business to get your ‘big pay day’, or to retire and pass on your legacy to someone else. Or it could be because you have fallen out of love with the work, have become a manager instead of a doer or simply have the entrepreneurial itch to start something new.”
In the Foreword, Daniel Priestley, Entrepreneur and Author of Key Person of Influence, Entrepreneur Revolution and Oversubscribed writes:
“Martin Norbury’s book gives you practical ways to get perspective and move out of the struggle and into a lifestyle business. He has the ultimate credentials for being able to help you succeed in doing this – he’s done it himself! This book isn’t based on academic theory. Even better, it’s not written by a 30-something year-old male who doesn’t have a family or overheads to consider. This book is written by a successful entrepreneur with real life experience – business and personal.”
I Don’t Work Fridays is available now.