Why Do Small Companies Stay Small? odeela.com
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Agenda
● Single Point Focus● Wrong Focus or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences
Powerful Business Management Software Made Simple | odeela.com
Agenda
● Single Point Focus● Wrong Focus or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences
Powerful Business Management Software Made Simple | odeela.com
Single Point Focus
odeela.com
If you focus on something too much, something else will suffer!
Powerful Business Management Software Made Simple | odeela.com
Single Point Focus
odeela.com
ALWAYS keep in mind different aspects of running a business.
Powerful Business Management Software Made Simple | odeela.com
Single Point Focus
odeela.com
In a small company, nobody has a narrow scope of duties or a single task.
Powerful Business Management Software Made Simple | odeela.com
Single Point Focus
odeela.com
Keep your horizonts broad. Always come up with new ideas.
Powerful Business Management Software Made Simple | odeela.com
Agenda
● Single Point Focus● Wrong Focus or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences
Powerful Business Management Software Made Simple | odeela.com
Wrong Focus Or Wrong Strategy
odeela.com
Remember Nokia?
They’re a victim of a wrong strategy.
Powerful Business Management Software Made Simple | odeela.com
Wrong Focus Or Wrong Strategy
odeela.com
BEWARE OF FOCUS THAT IS:
Powerful Business Management Software Made Simple | odeela.com
Wrong Focus Or Wrong Strategy
odeela.com
BEWARE OF FOCUS THAT IS:
too broadYou try to do everything.You actions lack depth.
You go for unmeasurable goals.
Powerful Business Management Software Made Simple | odeela.com
Wrong Focus Or Wrong Strategy
odeela.com
BEWARE OF FOCUS THAT IS:
too broad too narrowYou try to do everything.You actions lack depth.
You go for unmeasurable goals.
You have a single focus issue.
Powerful Business Management Software Made Simple | odeela.com
Wrong Focus Or Wrong Strategy
odeela.com
And remember: you MUST have a strategy to follow.
Powerful Business Management Software Made Simple | odeela.com
Wrong Focus Or Wrong Strategy
odeela.com
Don’t know how to prepare one?
Read about it. Immediately.
Or find someone to lead you!
Powerful Business Management Software Made Simple | odeela.com
Agenda
● Single Point Focus● Wrong Focus Or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences
Powerful Business Management Software Made Simple | odeela.com
No Scaling Plans
odeela.com
Some business owners and executives are like NY cab drivers.
Powerful Business Management Software Made Simple | odeela.com
No Scaling Plans
odeela.com
They only work hard until they reach the planned, daily income.
Powerful Business Management Software Made Simple | odeela.com
No Scaling Plans
odeela.com
DON’T BE LIKE THIS!
Powerful Business Management Software Made Simple | odeela.com
No Scaling Plans
odeela.com
Don’t be satisfied with what you achieved so far.
Powerful Business Management Software Made Simple | odeela.com
No Scaling Plans
odeela.com
Your company should be your mission.
Run it to grow it.
Powerful Business Management Software Made Simple | odeela.com
Agenda
● Single Point Focus● Wrong Focus Or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences
Powerful Business Management Software Made Simple | odeela.com
Financing Problems
odeela.com
Many companies don’t grow because they lack money.
Powerful Business Management Software Made Simple | odeela.com
Financing Problems
odeela.com
They DON’T KNOW how can they find financial support.
Powerful Business Management Software Made Simple | odeela.com
Financing Problems
odeela.com
Financing
Powerful Business Management Software Made Simple | odeela.com
Financing Problems
odeela.com
Financing
Debt Financing● loans● leasing● bonds● ...
Powerful Business Management Software Made Simple | odeela.com
Financing Problems
odeela.com
Financing
Debt Financing Equity Financing● loans● leasing● bonds● ...
● Funds● Industry Investors● ...
Powerful Business Management Software Made Simple | odeela.com
Financing Problems
odeela.com
Search financial support and you will find it.
Powerful Business Management Software Made Simple | odeela.com
Agenda
● Single Point Focus● Wrong Focus Or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences
Powerful Business Management Software Made Simple | odeela.com
Poor HR
odeela.com
An employee’s underperformance can hinder your company’s growth.
Powerful Business Management Software Made Simple | odeela.com
Poor HR
odeela.com
ALWAYS use constructive feedback.Even if they’re your friend or family member.
Powerful Business Management Software Made Simple | odeela.com
Poor HR
odeela.com
Don’t forget to employ the right way.
Powerful Business Management Software Made Simple | odeela.com
Poor HR
odeela.com
Read what’s the good way to hire someone.
Powerful Business Management Software Made Simple | odeela.com
Poor HR
odeela.com
This way, your inexperience won’t make you employ a person that stops your growth.
Powerful Business Management Software Made Simple | odeela.com
Agenda
● Single Point Focus● Wrong Focus Or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences
Powerful Business Management Software Made Simple | odeela.com
Bad Customer Attitude
odeela.com
If your company spins the wheels, examine your customer attitude.
Powerful Business Management Software Made Simple | odeela.com
Bad Customer Attitude
odeela.com
Your company exists because of your customers.Learn to appreciate them.
Powerful Business Management Software Made Simple | odeela.com
Bad Customer Attitude
odeela.com
Be open to feedback.
Listen to their needs.
BE FRIENDLY.
Powerful Business Management Software Made Simple | odeela.com
Bad Customer Attitude
odeela.com
A happy customer will promote you for free among their friends and family.
Powerful Business Management Software Made Simple | odeela.com
Agenda
● Single Point Focus● Wrong Focus Or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences
Powerful Business Management Software Made Simple | odeela.com
No Innovation
odeela.com
Innovation is rarely something that will turn around the humankind’s fate.
Powerful Business Management Software Made Simple | odeela.com
No Innovation
odeela.com
With that in mind - you can innovate too!
Powerful Business Management Software Made Simple | odeela.com
No Innovation
odeela.com
Lack of innovation stops company’s growth.
Powerful Business Management Software Made Simple | odeela.com
No Innovation
odeela.com
From now on:
Powerful Business Management Software Made Simple | odeela.com
No Innovation
odeela.com
From now on:
● Improve your products or services
● Change and optimize everything
● Go where nobody else went
● Think of how to answer your customers’ needs better
Powerful Business Management Software Made Simple | odeela.com
No Innovation
odeela.com
You’re not trying to change the world’s future.You’re trying to stand out in the market.
Powerful Business Management Software Made Simple | odeela.com
No Innovation
odeela.com
INNOVATIONS MAKE YOU STAND OUT.
Powerful Business Management Software Made Simple | odeela.com
Agenda
● Single Point Focus● Wrong Focus Or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences
Powerful Business Management Software Made Simple | odeela.com
Small Mistakes With Big Consequences
odeela.com
Imagine a mistake to be a tsunami wave.
Powerful Business Management Software Made Simple | odeela.com
Small Mistakes With Big Consequences
odeela.com
It will ruin only part of a large city.But it will swallow a small village entirely.
Powerful Business Management Software Made Simple | odeela.com
Small Mistakes With Big Consequences
odeela.com
In a small company, even the smallest mistakes affect everything.
Powerful Business Management Software Made Simple | odeela.com
Small Mistakes With Big Consequences
odeela.com
Plan carefully. You don’t want to regret your steps.
Powerful Business Management Software Made Simple | odeela.com
odeela.com
Now, go! You know what can stop you.Avoid it and grow your company today!
Powerful Business Management Software Made Simple | odeela.com
Want to know more?
Salary vs. Incentives: How to create the right mix.
Hiring the Right, Firing the Wrong: How to Fire an Employee
Why Do Small Companies Stay Small?
Select the article you want to read in full!
Be the leader they deserve: Make Your Team Achieve Their Goals
odeela.com facebook twitter
Related Documents
