Posts Tagged ‘Growth’
5 Keys to Crossing the Chasm to Mainstream Customers
Every technical entrepreneur is an early adopter of technology, so naturally they build things with people like themselves in mind. Unfortunately, for most solution markets, early adopters represent only 10 to 15 percent of the total opportunity, so it’s easy to get mislead on the real requirements of mainstream customers. Psychologists call this the confirmation bias.…
Read More10 Characteristics of Leadership to Help You Grow Your Business
You’ve launched your startup. Things are going well, and you’re building your team. Suddenly, you find yourself in the position of being the leader, the captain of the ship, and you may be wondering what it means to be a really good leader, and do you have what it takes? John Quincy Adams said, “If…
Read MoreWhat Happens When You Grow Too Fast? 4 Signs to Watch For
It’s easy to get caught up in the excitement of a rapidly growing venture. However, when a business grows too quickly, it significantly increases the demands—and if the demands are higher than the ability to supply, your business can quickly fail. Fortunately, there are specific signs to look for to determine if your business is…
Read More9 Best Practices for Viral Growth
Every startup company you’ll ever find will always be aiming to reach the same common goal: Growth. But not just any kind of growth, they want solid, constant, fast, and profitable growth. In other words, they are all after viral growth. There is a magic moment in a startup company’s trajectory in which growth rates…
Read MoreHeavy Business Losses? How to Transform Your Company’s Financial Strategies
Running a business is no easy feat. Staying ahead of the competition, managing employees and turning a profit can be enough to drive anyone insane. However, there are hundreds of thousands of CEOs who make success happen to their businesses all the time. Part of running a business involves rebounding from a loss. There will…
Read MoreHow to Write a Growth-Centric Business Plan for Your Small Business
With the growing acceptance of “lean startups,” the “done is better than perfect” mentality, and accelerated launch approaches like those proposed by Startup Weekend, it’s safe to say that the traditional business plan has become something of an historical artifact. Rather than creating generic business plans that paint pretty pictures of where they want to be,…
Read MoreTurning Support into a Strategic Resource for Your Business
In traditional business, customer support teams focus solely on satisfying the customer. They enable a pain-free, enjoyable customer experience while sales and marketing teams drive home revenue and create new customers. Right? Not so fast. Modern businesses are starting to understand that support teams can be an incredibly powerful (and reliable) revenue channel, too. Happy…
Read More4 Upper Management Professionals Who Can Infuse Your Business with Talent
When developing the upper management team that will focus and coordinate operations in the best interests of the business, it’s prudent to seek out professionals who have a broad set of talents of value for multiple aspects of the business. Here are four types of professionals you should have on board. Human Resources A director…
Read MoreSpreading Your Small Business Wings
My local library places lovely floral bouquets on the check-out counter. Always seasonal. Always tasteful. And always accompanied by a business card from the nearby small business who arranged these displays. Our nearby Main Street town provides a bi-monthly magazine chock full of activities and events as well as several profiles of area small businesses.…
Read More6 Baby Steps You Can Take to Grow Your Business
Growing a business isn’t for the faint of heart. It comes with a lot of challenges, dedication and pain. Having a stellar product or service alone isn’t enough to turn your idea into a successful, profitable business. From marketing and branding to considering your customer experience, the life of a business owner can be hectic…
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