The vast majority of business founders start their journey because they want to take control of their future, often fueled by the desire to escape a dead-end job or a nightmare boss.
Regardless of the motivation, the beginning stages for most startups are pure chaos. You sort out all the logistical details, ask friends and colleagues for advice, and frantically try your best to market your new endeavor. The activity is high, and the long hours are fueled solely by caffeine and unbridled enthusiasm to bring your dream into reality.
You’ve worked tirelessly to grow your business, increase sales, and build a great team. Yet, despite the hard work, it feels like you’re fighting a losing battle. Costs are rising on every front—from materials and inventory to labor, rent, and everything in between. You’re working harder than ever, but your bank account shows your profit is being squeezed.