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The Real Reason Most Small Business Owners Struggle

Bhushan Ekbote, CEO, TAB Austin · 2 min read

The Real Reason Most Small Business Owners Struggle
Image source: Alisdare Hickson, CC BY-SA 4.0, via Wikimedia Commons (https://commons.wikimedia.org/wiki/File:A_Shopkeeper_in_Bangkok%27s_Klong_Toei_Neighbourhood.jpg)

It is rarely the product, the market, or the marketing. It is that every single decision runs through one person.

I spent fifteen years inside companies in revenue operations. Big teams, big budgets, layers of people to pressure-test a call.

The decision load

A corporate leader makes a hard decision with a team behind them. A small business owner makes forty of them before lunch, mostly alone.

Price it at this number or that one. Keep the underperformer or let them go. Spend the cash on a hire or hold it. Say yes to the big client who will eat your capacity. Each choice is small. Together they wear a person down.

Worse, you rarely get to find out if you were right. Nobody grades the decision. You live with it and move on to the next one.

Why loneliness is a business problem

We treat it as a feelings issue. It is a quality-of-decisions issue. A lonely owner has no one to bounce an idea off, so bad ideas survive. There is no one to notice a pattern, so the same mistake repeats. There is no one asking whether you followed through, so the hard task slides another month.

The owners I work with are not short on intelligence or effort. They are short on a second set of eyes they trust.

You are not the only one

UK research gives a sense of scale. A YouGov survey for the British Business Bank found that 44% of smaller business owners there have felt lonely or isolated. Among owners with fewer than 10 employees, the figure was 56%.

Tilly and Chris Newman, who run ScanNeo, an AI camera product for vehicles, describe starting out making every decision themselves with nobody to bounce ideas off. Connecting with other business communities showed them the feeling was normal.

The second reason: skills that do not scale

What got you to a million will not get you to five. The first stage rewards hustle, doing everything, being the best salesperson and the best operator at once. The next stage punishes it. You have to delegate, build systems, and make calls about things you have never done.

Most owners hit that wall without a map. They work harder, which is the wrong response.

Where help comes in

Good help does two things. It gives you people to share the weight of decisions, and it gives you someone who has crossed the line you are approaching.

A peer advisory board does both. You walk into a room of owners who face the same load. You bring the decision you are stuck on and hear how others would handle it. You leave with a next step and a group that will ask about it next month.

Coaching, one-on-one, does the first part well at an early stage. Either way, the goal is the same: stop deciding everything alone.

A simple test

Name the last big decision you made. Who did you talk to before making it? If the answer is "nobody" or "my spouse," you have found the gap.

TAB Austin's CEO Roundtable is built to close it.