What If You Don't Want to Build an Empire?
There's a particular sort of pressure that comes with running your own business. Nobody necessarily says it outright, but the message is everywhere. You should be growing, scaling, expanding, reaching the next level, setting bigger targets and generally building something considerably more impressive than whatever you've got now.
And if you're not doing all that? Well, apparently you're not thinking big enough.
But here's a question I think more business owners should be asking themselves.
What if you don't actually want any of that?
What if you like the business you've built? What if it earns you a decent living, gives you work you enjoy and leaves you enough time and energy to have a life outside it? What if your idea of success looks absolutely nothing like the version being sold to you by somebody on LinkedIn who apparently doubled their turnover before breakfast?
Does that mean you're lacking ambition?
Or does it mean you've got a rather better idea of what you want than they have?
When did success become a competition?
One of the things I've noticed about the way we talk about business is how often success gets measured by size.
Turnover. Team numbers. Offices. Locations. How many customers you've got. How many countries you're operating in. How quickly you're growing.
Now, there's absolutely nothing wrong with any of those things. If you want to build a multimillion-pound business with a team of fifty people and operations across three continents, crack on. I genuinely hope you achieve it.
But that's one version of success. It isn't the version.
Somebody running a successful business on their own, earning what they need, enjoying their work and having Friday afternoons off might be every bit as successful as the person employing fifty people.
In fact, depending on what each of them actually wants from life, they might be considerably more successful.
The trouble starts when we stop measuring our businesses against what we want and start measuring them against what everybody else appears to be achieving.
Suddenly, a perfectly good business doesn't feel quite good enough.
You're making money, but should you be making more? You've got customers, but should you be attracting bigger ones? You're happy working on your own, but perhaps you ought to be building a team?
Before you know it, you're contemplating changes you hadn't even wanted until somebody convinced you that standing still meant falling behind.
The problem with somebody else's ambition
Social media has a lot to answer for here.
Everywhere you look, somebody seems to have discovered the secret to extraordinary business growth. There's a new system, a revolutionary strategy, an incredible opportunity or a supposedly simple way to achieve results you've never even considered wanting.
And somehow, whatever they're selling always seems to be the missing piece of your business.
Funny that.
The problem isn't that people share their success or sell things that might genuinely help. There's nothing wrong with either.
It's the assumption underneath so much of the messaging. That everybody wants the same outcome, everybody should be chasing it and everybody who isn't must have some sort of limiting belief holding them back.
What a load of rubbish.
Not wanting to build an empire doesn't mean you're frightened of success. Not wanting employees doesn't mean you lack leadership skills. Not wanting to double your turnover doesn't automatically mean you're playing small.
It might simply mean you've made a decision about what matters to you.
And frankly, I'd rather see somebody make that decision consciously than spend five years chasing a business they never particularly wanted in the first place.
But are you actually choosing, or just carrying on?
Now, here's where I'm going to challenge that thinking slightly.
Because there's a difference between deliberately choosing the business you want and simply accepting the business you've ended up with.
It's easy to say, "I'm happy with things as they are." Sometimes that's absolutely true. You've worked out what you want, you've built something that delivers it and you've got no particular desire to change.
Lovely. Keep going.
But sometimes "I'm happy with things as they are" really means you haven't stopped long enough to think about what you want next.
Perhaps the business has been running in much the same way for years. The customers keep coming, the bills get paid and you're busy enough that questioning the bigger picture never quite makes it onto the agenda.
Or perhaps you do want something different, but you've convinced yourself that changing direction would somehow undermine everything you've already achieved.
Neither situation is necessarily about wanting more money or a bigger business.
You might want fewer working hours. Different customers. More interesting projects. Less responsibility for day-to-day delivery. A business that can operate without you being involved in every single decision.
You might even want to start preparing for a time when you're no longer running it at all.
Those are perfectly legitimate ambitions.
But they won't necessarily happen simply because you keep doing what you've always done.
Success changes. Are you allowed to change your mind?
Here's something else worth remembering.
What you wanted from your business five or ten years ago might be completely different from what you want today.
When you started, perhaps the priority was earning enough to replace your salary. Then it became building a reliable customer base. After that, maybe you wanted to establish a reputation, grow a team or create something that would give you greater financial security.
And perhaps you achieved those things.
Brilliant.
But does that mean the next objective automatically has to be bigger?
Why?
Maybe you've reached a stage in life where time matters more than turnover. Perhaps family circumstances have changed. Perhaps you've discovered that managing people isn't something you particularly enjoy, even though you're very good at it.
Or perhaps you've simply reached a point where you can look at what you've built and think, "Actually, I'd quite like to enjoy this now."
There's nothing wrong with that.
Equally, you might have spent years running a comfortable, manageable business and suddenly decide you fancy a new challenge. You might want to grow, expand, employ people or take the business into a completely different market.
That's fine too.
The point isn't that smaller is better than bigger. It's that the right business is the one that works for the person who owns it.
And that person is allowed to change their mind.
Be careful what you're measuring
Let's imagine two business owners.
One has a turnover of £500,000. The other turns over £100,000.
Which one is more successful?
You can't possibly know from those figures.
What does each business cost to run? How much profit does it make? How much does the owner actually take home? How many hours are they working? What responsibilities are they carrying? What do they want the business to provide?
And perhaps most importantly, are they getting it?
The £500,000 business might be wonderfully profitable, well organised and exactly what its owner wants. Or it might be consuming every waking hour and generating considerably less personal income than the headline figure suggests.
The £100,000 business might be doing brilliantly for its owner. Or it might be struggling to provide enough income to pay the bills.
Neither turnover figure tells us whether the business is successful on the owner's terms.
Yet we get so caught up in comparing the visible numbers that we forget to ask what those numbers actually mean.
Revenue is important. Profit is important. Cash flow is important. I'm certainly not suggesting you can ignore the financial realities of running a business because you've decided you'd like a more relaxed lifestyle.
You still need a business that works commercially.
But commercial success is part of the picture, not the whole bloody picture.
So what do you actually want?
This is where I'd encourage you to stop thinking about what your business should look like and start thinking about what you actually want it to do for you.
Not in some grand, inspirational, five-year-vision, photograph of a Lamborghini on the fridge sort of way (& btw, the photo just gets manky, not motivational).
Just practically.
How much money do you want or need to earn? How much time do you want to spend working? What sort of work do you enjoy? Which responsibilities would you happily hand over? What do you want more room for outside the business?
And what are you prepared to do to make those things possible?
Because there will almost certainly be trade-offs.
If you want to work fewer hours, something may need to change about your prices, customers, services or the way the work gets done. If you want to grow significantly, you might need to accept different responsibilities, more investment or a period of considerable disruption.
If you want to keep things exactly as they are, you still need to make sure the business can remain commercially healthy as costs, customers and circumstances change.
None of these choices is automatically right or wrong.
But they are choices worth making deliberately.
You don't have to want what everybody else wants
I think one of the most useful things a business owner can do is give themselves permission to define success for themselves.
Not because they're incapable of achieving somebody else's version. Not because they should avoid difficult decisions or challenging goals.
But because building a business takes an enormous amount of time, energy, thought and commitment.
That's a lot to invest in something you don't actually want.
So the next time somebody tells you that you need to scale, grow, expand, automate, diversify or take your business to the next level, perhaps ask yourself one question before you start wondering how to do it.
Do I actually want to go there?
Because if the answer is no, you don't need a better strategy for getting there.
You need to stop treating somebody else's destination as your own.
What does an intentionally small business mean?
An intentionally small business is not a business that has failed to grow. It is a business whose owner has chosen a sustainable size based on personal, financial and practical priorities. The goal may be reliable income, enjoyable client work, flexible hours, limited management responsibility or time for family, health and interests outside work.
- Revenue target: enough turnover to support the owner's chosen income and business costs.
- Capacity limit: a defined number of clients, projects or working hours that can be delivered well.
- Lifestyle boundary: limits around evenings, weekends, travel and availability.
- Growth rule: expansion only happens when it improves the owner's chosen outcome, rather than merely increasing turnover.
Small can be a deliberate operating model, not a temporary stage before building a larger company.
How to decide whether growing your business is actually worth it
Before setting a growth target, assess the change in terms of profit, time and responsibility. Higher turnover is not automatically better if costs, stress and management work rise faster than the owner's income or freedom.
- Write down the annual personal income the business needs to provide.
- Calculate the fixed costs, tax obligations, subcontractor costs and owner pay required to reach that figure.
- Set a realistic weekly capacity for client delivery, administration and marketing.
- Identify what additional revenue would require: more clients, higher prices, staff, premises, systems or longer hours.
- Decide whether those requirements support the life you want outside the business.
If the answer is no, the better strategy may be improving margins, simplifying services or raising prices instead of adding volume.
Is it unambitious not to want to scale a business?
No. Ambition is about pursuing a meaningful goal, not about choosing the same goal as every other founder. A business owner may be highly ambitious about quality of work, client outcomes, profitability, flexibility, craft, reputation or protecting their time. None of those aims requires a large payroll or rapid expansion.
The useful question is not whether a business is growing quickly. It is whether the owner has selected targets deliberately and is meeting them. For example, a consultant who maintains a full client roster, earns a planned income and works four days a week may be achieving their strategy. Growth becomes valuable when it serves a defined purpose, such as funding a new product, reducing dependency on one client or creating a future saleable asset.
How can a business stay small without standing still?
Choosing not to expand headcount or turnover does not mean leaving a business unchanged. A small business can improve by becoming more resilient, more profitable and easier to run. The difference is that improvement is measured against the owner's priorities rather than against size alone.
- Review prices and costs so that profit improves without requiring more work.
- Refine a service offer to focus on the clients and projects that are most valuable or enjoyable.
- Create documented processes for onboarding, delivery, invoicing and follow-up.
- Build a cash reserve and reduce reliance on a single client or referral source.
- Develop skills, reputation and referral relationships within a chosen niche.
This approach treats stability as something that needs active maintenance. A business can remain deliberately small while becoming stronger and more satisfying to own.
What does an intentionally small business mean?
An intentionally small business is not a business that has failed to grow. It is a business whose owner has chosen a sustainable size based on personal, financial and practical priorities. The goal may be reliable income, enjoyable client work, flexible hours, limited management responsibility or time for family, health and interests outside work.
- Revenue target: enough turnover to support the owner's chosen income and business costs.
- Capacity limit: a defined number of clients, projects or working hours that can be delivered well.
- Lifestyle boundary: limits around evenings, weekends, travel and availability.
- Growth rule: expansion only happens when it improves the owner's chosen outcome, rather than merely increasing turnover.
Small can be a deliberate operating model, not a temporary stage before building a larger company.
How to decide whether growing your business is actually worth it
Before setting a growth target, assess the change in terms of profit, time and responsibility. Higher turnover is not automatically better if costs, stress and management work rise faster than the owner's income or freedom.
- Write down the annual personal income the business needs to provide.
- Calculate the fixed costs, tax obligations, subcontractor costs and owner pay required to reach that figure.
- Set a realistic weekly capacity for client delivery, administration and marketing.
- Identify what additional revenue would require: more clients, higher prices, staff, premises, systems or longer hours.
- Decide whether those requirements support the life you want outside the business.
If the answer is no, the better strategy may be improving margins, simplifying services or raising prices instead of adding volume.
Is it unambitious not to want to scale a business?
No. Ambition is about pursuing a meaningful goal, not about choosing the same goal as every other founder. A business owner may be highly ambitious about quality of work, client outcomes, profitability, flexibility, craft, reputation or protecting their time. None of those aims requires a large payroll or rapid expansion.
The useful question is not whether a business is growing quickly. It is whether the owner has selected targets deliberately and is meeting them. For example, a consultant who maintains a full client roster, earns a planned income and works four days a week may be achieving their strategy. Growth becomes valuable when it serves a defined purpose, such as funding a new product, reducing dependency on one client or creating a future saleable asset.
How can a business stay small without standing still?
Choosing not to expand headcount or turnover does not mean leaving a business unchanged. A small business can improve by becoming more resilient, more profitable and easier to run. The difference is that improvement is measured against the owner's priorities rather than against size alone.
- Review prices and costs so that profit improves without requiring more work.
- Refine a service offer to focus on the clients and projects that are most valuable or enjoyable.
- Create documented processes for onboarding, delivery, invoicing and follow-up.
- Build a cash reserve and reduce reliance on a single client or referral source.
- Develop skills, reputation and referral relationships within a chosen niche.
This approach treats stability as something that needs active maintenance. A business can remain deliberately small while becoming stronger and more satisfying to own.
