Asking a small business owner if she wants to grow is like asking a farmer if he wants summer rain. Of course they want to grow… right??
Well not so fast. First – there is nothing wrong with a small company staying small. As long as they are profitable, paying the bills, and enjoying life,why change? Why respond to the growth pressure others apply and risk a good thing? If they don’t want to invest in growth, why do it?
Yet for many, growth is a serious goal. After a few years of boot strap funding and serious hours of work, they are ready for a big payout. Their original business plan had a nice exit strategy but can only be triggered at a certain size. Well, there’s some good motivation.
Many Founders dream of building the next Google, Microsoft, or GE. And it is not about just the money, it can be about solving the unsolvable, helping humanity, or even to prove an idea. What ever the reason, it can motivate the drive to achieve.
Here at Group 19 we work with many small companies at a growth cross road. They are facing a set of choices: dramatic accelerated growth, low intensity organic growth, or simple continued business as usual. For many the choice is influenced by the availability of money and appropriate skills. Growth is normally not free nor easy. Getting the right help can make a big difference.
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