Entrepreneurial ambition & growth
An interesting article by INC on adolescent businesses includes the following guidance. I’ve just extracted just a relevant element of the article, so please refer to the full article (linked here) for the full insight. Don’t hate your company’s awkward middle phase. Embrace it. Keep these four points in mind when things get tough. 1. You can afford an interesting, smart leadership team.
In his book, Leading in the Middle (available by clicking this link) Robert Sher of CEO to CEO, an American consulting firm specialising in mid sized, often adolescent, companies shares what he sees as the seven silent growth killers of Medium sized companies. As usual I summarise and interpret the key points in my words below and encourage readers to
Many many businesses fail to get beyond small – however you define small. They plateau or even fail rather than keep growing. So why is that? Having done some research (actually some googling) I haven’t found a massive amount on the leadership behaviours that make the difference. Having spent my own business leadership career turning around plateauing (or declining) post-startup, pre-corporate
This guest article was originally written for Real Business by Michelle Wright CEO of Cause4. There is much hype about how the UK’s small businesses are vital to growing the economy. However, a lesser-known fact from the UK Government is that of the 400,000 businesses started in the UK in 2012, 20 per cent failed in their first year and 50 per cent
Ever wondered how Entrepreneurs tough it out as they lead the development of their high growth business? Chris Farrance, Business Growth Advisor shares his learning from his experience working with leading entrepreneurs in the Berkshire Business Growth Hub and programmes and events such as Mass Challenge, Digital Leaders UK and Henley Business School. Actually, entrepreneurs really don’t have time for rules so
Lots of business leaders visit the BBC and one intrepid journalist took it upon himself to ask them all for one tip they would share. And the answers boiled down to three points which I summarise as: Connect and network – so you can learn from the real world – As also recommended by Richard Branson here Build a great team –
Clearly as someone who earns his living encouraging Managing Directors to engage with and learn from their fellow business leaders though MD2MD you’d expect me to be a champion of real world learning; of learning from the experience – the successes as well as the mistakes of others – through joining a peer groups such as MD2MD. But actually this