Today on TIM411: Ask Me Anything, Tim answers the question, “Should I scale down my business?”
Scaling back your business means you ultimately do less work and probably make less money. If that’s the result you’re looking for then go ahead and scale it back.
However, if you only change the activity, but not the process, you’ll probably end up in the same situation except only making less money.
A better solution is to change your process so that you’re not one doing the labor so you can scale up, work less and make more money.