In preparation for Teachable's Book to Course Virtual Summit featuring 25 bestselling authors, entrepreneurs, CEOs and influencers, we asked them what was the most surprising lesson they've learned about their business in 2016. Here is what they have to say...
14. I've learned that if you aren't growing,
you're dying!
Running a business is finding that perfect mix of
continuing to improve what you do well while
exploring the new strategies that will take you to
the next level.
You can't keep putting in the same input and
expect a different output.
Laura Roeder, Founder of Edgar
“
15. I shouldn't just avoid a business
because I don't like how others do it.
The most successful folks run their
businesses their own way, regardless of the
norm or paradigm that currently exists.
Paul Jarvis, Four-time bestselling author
“
16. That it's a real business!
Honestly, I spent the last four years employing only 1.5
people, including moi. And now 2016 has seen me hire
four full-timers so far.
It's taught me that my business expands to the size of
the "box" I put it in.
When I keep the box tiny, the business stays tiny; when
I hire talented people to help me push out the walls of
the box, the business opens up, breathes and grows.
Joanna Wiebe, Founder of Copy Hackers
“
17. That time spent planning is never
wasted.
Taking time to slow down in order to speed up
is important. I've learned that for every 1 hour
spent in strategic planning to expect 2 hours
worth of results.
Activity does not always equal progress. You've
got to be working on the right things at the
right times.
Joseph Michael, Creator of Learn Scrivener Fast
“
18. The power of delegating to a team and
letting them take over parts of your
business to make it even better.
I've taken on a few new team members and
they're rocking my world. I also just had my virtual
assistant take on a full-time job elsewhere (very
happy for her) but with a short handover it made
me realize how my systems and SOPs actually
work and the transition has been relatively
straight forward.
Natalie Sisson, Founder of The Suitcase Entrepreneur
“
19. Most surprising thing =
spending less time on my business
has increased my revenue.
Leaving the day-to-day stuff to other people
leaves me free to focus on strategy and growth.
Nick Stephenson, Bestselling author
“
20. I learned that increasing my
rates actually helped me get
more clients.
I was terrified about doubling my rates
but have found it was the best thing I
could have done and should have done
it sooner!
Vanessa van Edwards, Founder of Science of People
“
21. The most surprising thing I learned
about my business so far in 2016 is
something I probably should have
realized way sooner.
I didn't really start to bring more A-players on
my team until recently…This has been a game
changer for me so I can focus on the most
important things only I can do, and I'm
growing my business much faster because I
invested in building my team.
Navid Moazzez, Virtual summit expert
“
22. That with online courses, I can
take middle-of-the-week trips
and not feel guilty or stressed
since my business is able to run
on autopilot. ;)
Melyssa Griffin, Founder of MelyssaGriffin.com
“
23. That Facebook Ads are more effective
now than ever.“
Mark Dawson, Creator of The Self Publishing Formula
24. You play a whole new game every
couple of months.
We're growing 20%+ month on month --
the company we're running in April is
substantially different from the company I
was running in January.
And it's incredibly difficult to get yourself to
stop doing things that made sense at a
certain size, but just don't anymore.
Ankur Napgal, Founder of Teachable
“