What happens when growth starts going wrong?

For Chiko Abengowe, founder and CEO of Perfect Office Solutions, the past year brought some of his biggest business challenges yet — from a location that didn't work out to a building shutdown that left his team and tenants without access, and a fire that caused more than $70,000 in damage.

And this episode gets very real about what happens behind the growth.

Chiko shares what he learned from those setbacks, how he approached difficult landlord situations, and why he believes failures can actually prepare you for the next success.

We also get into:

• How Perfect Office Solutions uses sales contests and incentives to drive specific business goals.
• Why Chiko makes sales activity visible across the team.
• How different revenue streams have their own managers, bonuses, and incentives.
• What happened when one of his locations had to close after a building was shut down.
• The lessons he learned about leases and working with large landlords.
• How a $70K+ fire reinforced the importance of insurance for coworking members.
• Why Chiko continues to build multiple businesses at the same time.
• How he handles team members who aren't meeting expectations.
• Why he believes you're either growing or dying — there's no in-between.
• How setbacks have shaped the way he approaches the next opportunity.

There's a lot in this conversation about revenue, leadership, team culture, expansion, and the reality of building a business when everything doesn't go according to plan.

If you've ever wondered what the less visible side of coworking growth looks like, this is an episode you'll want to hear.

Resources Mentioned in this Podcast:

Chiko Abengowe on LinkedIn
Perfect Office Solutions website

Connect with your Hosts:

Connect with Giovanni on LinkedIn

Connect with Jamie on LinkedIn

Find Jamie on the Everything Coworking Podcast