Hey-oh, welcome to the 100-R-N-B-A show, the business podcast that goes down smooth like your

morning cup of coffee with our daily 10-minute business lessons for the real world. I'm your host,

your coach, your teacher, Omar Zinholm. I'm also the co-founder of the $100 MBA, a complete

business training and community online. And today you will learn, can you grow too fast? Can your

business grow too fast? And what happens when you do grow too fast and how to prevent it

from happening? I'm going to give you some very simple steps or simple advice on how to make sure you

don't grow too fast in your business in today's lesson. I can't wait to get into it. So let's get

down to business.

So can your business grow too fast?

And the answer is yes, it can.

And believe it or not, it happens more often than you think.

A lot of new startups, a lot of new businesses go out of business because of this reason.

But let me get specific.

How does this happen?

How do you grow too fast? It's actually quite simple. You simply spend more money than you make on a consistent basis, meaning that

month in and month out, you're spending more than what you're making. And what happens is you try to

expand too quickly, meaning you hire more employees, you take over more expenses like office

space or equipment, before your business's revenue can keep up with those expenses.

What a lot of people do is they get a loan or they get an investment to grow their business.

They take this money and spend it on hiring more employees or getting a bigger office space

or better equipment.

And they forget the reason why they got this money is to invest in more sales.

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