3 reasons your company isn’t taking off
For most organisations that try to scale but fail, the bottleneck is usually the person at the top: the founder/owner or CEO.
It happens all the time: A business achieves good, consistent organic growth, but despite everyone’s best efforts, never really takes off.
Perhaps you’ve watched in frustration as one of your competitors experiences rapid “hockey-stick” acceleration and shifts to a whole new level, while for you, growth remains a doggedly gradual incline, with each year just a little better than the last.
Here’s the interesting thing: While this “stuckness” can happen at any revenue level, the underlying cause is almost always the same. Whether it’s failing in the transition from a $300k business to $1 million; $10 million to $100 million, or from $1 billion to $5 billion, the problem with scaling rarely lies with the underlying business model, or the products or services offered, or the economy.
…to read this article in full, visit leading US small business resource, Inc.
