If we are in business, we probably have growth objectives – revenue, employees, etc. We hopefully even have a plan to accomplish them. But are there ways that we can make our business grow faster? And if we can grow faster, should we?
This is an important topic that Carol covers in her post on the Nextiva blog titled “What Pace Is Right for Your Business?” Carol begins:
“’If everything seems under control, you’re not going fast enough.’ This quotation comes from notorious race car driver, Mario Andretti. Just as maximum speed was essential to gain him an impressive 111 career wins, it is just as important for businesses that want to get a leg up on the competition. The real gift, however, is in knowing what “fast enough” really is versus what “too fast” looks like. Here are some tips on how to make sure that your business moves as quickly as possible — without crashing into too many walls.
Look to the competition for clues.
When deciding exactly how quickly your business needs to run, keep in mind that you’re not looking to break any speed records. You only need to be a bit faster than the competition to establish the pace that your business needs to achieve. When other similar businesses seem to be passing you by, try to find out what they’re doing and how they’re doing it.”
You can read the rest of the post here.