“Conventional” business wisdom says that you should meticulously plan your strategy for business growth before you execute. The logic behind the approach is that planning helps you avoid the inherent risk involved with making change.
The strategy for big business is “plan, plan, plan, execute.”
“Conventional” wisdom, however, is designed for big business. In an organization with hundreds of employees, strategies must be filtered through the ranks, from the C-level, through directors and managers, down to the employees. Much like in the military, if there is a break in the chain of command, the results can be disastrous.
Speed of execution is the small business owner’s greatest competitive advantage.
In small business, we don’t have hundreds of employees to unite. Instead, we work as solo professionals or in small teams, and our ability to stop on a dime and to try new strategies helps us move far more quickly than our counterparts in corporate America.
Rapid small business growth comes from making small, incremental changes in your business.
Therefore, our greatest asset is our ability to frequently implement small, incremental changes in our business to help grow our business. By taking small steps on a regular basis, it’s possible to more than double your revenue in as little as 100 days.
What can you do today to improve your business?
In an earlier post, we gave you the three best ways to grow your small business.
At Team Nimbus, we believe in execution. We believe that knowledge alone is not enough to grow your business, and that the key to rapid business growth begins with action.
What is one thing that you can do today to help you grow your business?