A large, financially sound company usually has more resources, so sales can focus on tackling sales challenges and finding management or even HR people. Growth companies tend to lack silos, so everyone does a little of everything. How can the growth path then move forward?
A growth company thrives when it can concentrate, drive growth and leverage digital services.
I've been involved with Open to patterns of growth for many years and sparring a wide range of growth companies. Most are multi-tasking: speeding and doing everything at the same time. However, the most common advice given by Konkari is to practice prioritization. Growth will come when you choose to carefully focus on the business area you are developing.
Another growth challenge is leadership. A small group of friends are still leading themselves, but as more people come in, you also need to allocate a lane for leadership. Big companies can be a great help here. Proven management models, tools and tips are sure to be found, and you don't have to invent the patterns yourself.
The third test of growth is perhaps surprisingly digital. Digital skills are a watershed in the world of growth companies: some companies rely entirely on digital, while others may not realize that digital tools can truly deliver growth.
A well-functioning network, smart cloud services, and modern telecommuting connections make an entrepreneur's everyday life easier.
They allow the business to boldly find a new dimension online, or a new customer base in even more distant markets.
Digital equality is for the benefit of all, citizens and businesses. That's why we have produced DNA Free Entrepreneur Digital Academy Network. I recommend you take advantage!