When Scale is the Opposite of Success - Publication Date |
- Jan 20, 2020
- Episode Duration |
- 00:45:48
When Mike Brcic started his mountain-bike tour company, it was slow going at the beginning. The first year, his company Sacred Rides had one client. In year two, the startup experienced 100% growth -- two clients.Fast forward, however, and Sacred Rides became a complicated business doing 7-figures in annual revenue with investors and lots of employees -- operating in over 40 countries.Fantastic right? From the outside it would seem so, but Mike was far from happy. Very far.What he found is that pursuing scale for scale’s sake is ultimately deeply unfulfilling. Most of the time it’s an ego’s hungry quest for recognition and validation.So Mike carefully planned to remove himself from the business, and eventually sold it. He had already started the business that would become Mastermind Adventures, a new but intentionally much smaller business that fulfills his sense of passion and purpose.Now, Mike is inspired by asking bigger questions:• If the purpose of an entrepreneur isn’t to scale, then what is it?• What does it mean to live a good life?• Can a company remain small (and profitable) forever?These are the questions that essentially drive the creation of a 7-figure small business. Tune in to hear Mike and I discuss the answers in the context of Mike’s evolving entrepreneurial career.