YOUR BUSINESS AUTHORITY
Springfield, MO
Many small businesses start with an owner’s passion for a craft. Beginning as a self-employed practice, they soon add one or two others to help. Whether it’s custom cake decorating, landscape artistry, personalized fitness training or some other venture, the cornerstone of the business is the entrepreneur’s expertise in their craft.
As the company grows, the owners will eventually face a pivotal point: the shift from practitioner of a craft into a manager/operator of a company. Unfortunately, this transition is rarely seamless.
This is my story, exactly, as my wife and I went from “just us” practicing our craft in a basement office to over 120 full-time staff in an enterprise that involves eight companies. I started a business that offers lighting design services for large-format live events, corporate meetings and theatrical productions nationwide. From where I sit now, it has been 15 years since I have touched lighting design. Instead, I have been figuring out how to run and grow a business.
Embracing this evolution is essential for sustainable growth and long-term success. Here are five key strategies I found helpful in navigating the shift.
Not all small-business owners desire to scale their businesses. But for the ones who do, the transition from focusing primarily on the craft to mastering the art of running a business is a significant milestone. It requires stepping out of your comfort zone, relinquishing hands-on involvement in your craft, learning to build company infrastructure and creating strategic goals. You will be forever challenged to develop leadership skills and learn continuously from there. As I said, embracing this evolution is essential for sustainable growth and long-term success. If you have done this from scratch, congratulations. It is not for the faint of heart.
Donnie Brawner is CEO and owner of Paragon 360 and Paragon Fabrication. He can be reached at dbrawner@paragon360.com.
Moseley’s Discount Office Products was purchased; Side Chick opened in Branson; and the Springfield franchise store of NoBaked Cookie Dough changed ownership.