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CEOWise Mentors weigh in on what it takes to really scale your business.
Every hyper growth can be dizzying, disorienting, and takes an immense amount of innovation and talent.
Matt Brown turned down a high-six figure deal the week he made the decision to become a niche player in his industry. Here's why you need to learn to say no if you really want to grow.
Before you think about scaling your business, you have to make sure your business is sitting on a solid foundation and is ready to be scaled up.
We all have high-level growth goals. The ability to take our businesses from R10 million to R100 million and even R1 billion is what drives us. And yet, 70% of the top 1% of businesses (by growth potential) land up failing to scale. Here's how you can assess if you'll make it, or if you need to first make some fundamental adjustments before pursuing your growth goals.
More communication occurs through body language than words
Only 1% of businesses are investable, mainly because that's how many businesses can 10x their growth. There's an art to scaling, and it starts with you.
Arnoux Maré is a quintessential entrepreneur. Not only is he wildly competitive (if his business doesn't triple its own annual projections and targets he'll review the company top to bottom), but he's also reengineered the art of 'adapt or die' to, 'adapt and thrive'.