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How Entrepreneurs Can Adapt and Grow Their Businesses at Any Stage Different skills are necessary for different points of your growing company.

By Business Rockstars

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Business Rockstars speaks with Keith Smith, the CEO and co-founder of Payability. The company helps vendors and sellers get cash faster. Smith got the idea for Payability when he noticed traditional suppliers and sellers were increasingly turning to nontraditional options for financing. The company allows businesses to turn earnings reports into receivables, which can then be financed.

Smith recommends CEOs consider where they are in their business development journey, because the skillsets needed for growth can vary depending where you are. In the beginning of a business, the CEO recommends customer exploration. Then, a CEO of a more established startup should shift focus to money management and the hiring process.

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Related: How This Accounting Firm's Office Builds Structure and Invites the Flow of Ideas

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

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Business Rockstars is the first integrated, multi-platform media company featuring entrepreneurs, startups and CEOs. With award-winning content creators and influencers, we are connecting and growing a community of entrepreneurs via radio, TV, podcast and social media. Business Rockstars shows are produced from our Burbank studios, with remote video broadcast facilities in San Francisco through our strategic partner, NASDAQ Private Market. Business Rockstars airs nationally in 150 radio markets, podcasting on Play.it, digitally on iTunes, Tune In, Stitcher and iHeart Radio. Business Rockstars video is featured in 40 million households with HDTV and cable through BizTV. 

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