Leading a Growth-Stage Company through Dynamic Markets
6 suggestions… you can add to your arsenal of tools to keep things moving and to recession-proof your growth-stage company to face the constant evolution of dynamic markets.
Starting a new company is not for the faint of heart. As a matter of fact, many entrepreneurs including myself could probably tell you many stories that might shake you to your core if you are unfamiliar with the landscape. The risks are high, there are many unknowns, the demands can be crushing and the work endless. But people do it every day…and many do it again.
An interesting quote by Malcolm McLaren, below, speaks of being fearless of failure.
What matters is this: Being fearless of failure arms you to break the rules. In doing so, you may change the culture and just possibly, for a moment, change life itself.
-Malcolm McLaren
In business, our goal is to sell whatever product or service we feel the market will purchase, and do it enough to build a sustainable company. In doing so, there are several types of people:
One might suggest that it is the first – the one that paves their own way that are the ones that understand the fear and proceed anyway. If we think about some of the most successful companies in the world, that is precisely what they did: Bill Gates decided that computers could be small enough to fit on peoples’ desks and that everyone could have one. Other companies scoffed at the idea; IBM thought it was a fad that would go away. Several years ago, someone began to talk about wearable tech – a relatively new industry that resulted in someone simply breaking the rules. Now we have products like sport watches, POV cameras, smart watches, headphones and other products.
Rule breakers.
So what rules will you break? What chances might you take to start a new movement, new industry or way of doing things? Will it be in your marketing or the way that you sell or in the people you hire? Will you embrace your fear and build something extraordinary?
We hope so.
Rick Meekins is the Managing Consultant at Aepiphanni, a Business Consultancy that provides Management Consulting, Implementation and Managed Services to business leaders and entrepreneurs seeking to improve or expand operations. We are the trusted advisor to those seeking forward-thinking operational and strategic solutions to help them plan for and navigate through the challenges of business growth.
If you are ready to discuss how Aepiphanni can help you with business strategy, overcoming challenges to growth or any number of business solutions for your business, whether a small, growing or established company, contact us directly or submit a request for a complimentary Coffee & a Consult to learn how we can help you CREATE | DESIGN | BUILD an Extraordinary company.
6 suggestions… you can add to your arsenal of tools to keep things moving and to recession-proof your growth-stage company to face the constant evolution of dynamic markets.
While strategic planning should certainly be part of your arsenal of tactics, there are at least 5 things you can avoid to get the most out of it.
What makes an entrepreneur different than his or her employee counterparts? An entrepreneur approaches his or her life and work with a unique mindset.
Copyright © 2023 The Aepiphanni Business Catalyst Group, Inc.