Why Most Businesses Don’t Scale—and How to Fix That with Steve Feld

In this dynamic and insight-packed episode of the Phoenix Prosperity Podcast, Tim Fergestad sits down with business strategist, author, and TEDx speaker Steve Feld, who’s helped over 900 businesses strengthen their foundations for sustainable growth. Steve shares candid stories from his own entrepreneurial journey—seven businesses, some failures, some exits—and the hard-earned lessons he now uses to guide others.

Together, they explore what it really takes to scale a business, why most entrepreneurs mistake income streams for actual businesses, and how systems, planning, and mindset play a crucial role in building a company that can grow—and eventually be sold. From turning around a struggling retail business to building automated revenue programs, Steve brings decades of business wisdom and practical tools to the table.

What You’ll Learn in This Episode:

• The difference between a profitable income stream and a scalable business

• Why you should plan your exit strategy before you even start your business

• How accountability groups and masterminds create real momentum

• Why most businesses aren't sellable—and how to change that

• Insights into joint ventures, automation, and business structure

• The surprising power of business coaching (and how it changed Steve’s life)

Free Resources from Steve Feld:

• 📘 Free Book: 8 Strategies to Boost Profit Without Extra Marketing

• 🎤 3-Day Virtual Summit in March

Connect with Steve:
👉 Website: https://bizcoachsteve.com
👉 Tea & Coffee Hub: https://teandcoffeehub.com

------------------------------------------- Interested in being part of this? Please visit our guest invitation page where you can learn more and fill out a brief questionnaire to get started: https://phoenixprosperitypodcast.com/guest It’s going to be enlightening and, most importantly, a lot of fun. I’d love for you to be a part of it!