ATTENTION:
CEOs with 1 - 10 Employees!
Survive and Thrive:
How to Unlock Profits in a Startup with 1 to 10 Employees
The honeymoon is over. You have your startup capital, you ramped up to 4 - 6 employees pretty quickly and now the fun begins. In Survive and Thrive: How to Unlock Profits in a Startup with 1 – 10 Employees, uncover 10 critical questions you need to explore every day with your staff in order to keep the chaos that comes with a startup at bay.
Your staff doesn’t expect you to be right all the time, but they do need to understand the challenges that come with launching a new idea into the marketplace. Your job is to empower employees to embrace that chaos instead of allowing it to take over.
Ask these critical questions to ensure you are focused on the right things at the right time:
- Are assumptions being made about work processes?
- Do you encourage employees to look for areas of improvement?
- Do all employees understand the bigger picture?
- How do you share successes?
- Is there a reward mechanism in place to encourage improvement?
All of my books explain in detail how to manage the challenges that come with growth. Stage 1 top five challenges are:
- Continual cash flow challenges
- Chaotic periods destabilize the company
- Too slow getting new products/services to market
- Limited capital to grow
- Challenge expanding sales
If you are a company with less than 10 employees then you NEED Laurie's Stage 1 Book today.
"Laurie Taylor’s Stage 1 Book: Survive and Thrive: How to Unlock Profits in a Startup with 1 – 10 Employees, provided so many ideas for my startup business, I was swept up and busy applying every detail. A budget doc here. A worksheet there. A website to look at over here. AN ENTIRE LIST OF RESOURCES AT THE END! These are the very challenges that has had me stuck in my own business."
Poor cash flow and limited capital can force leaders to prematurely stray from the original core business by chasing projects that might bring in money. A STAGE 1 COMPANY NEEDS TO STAY FOCUSED ON ITS PRINCIPLE GOALS AND OBJECTIVES.
"This statement single handedly changed the direction of my business. I immediately took action and removed myself from those initial clients and projects that did not serve my end goal. As a result, within the SAME week I signed agreements with 3 new clients more in line with my business model and pay structure. As an added bonus, I will make more in one week, than what I made in an entire month with the previous direction."
Questions not only need to be asked, but questions also need to influence change.
Ask:
What are the major frustrations you deal with?
What are the three best things about our company today?
What changes would you like to see?
The CEO’s staff needs to help facilitate how work gets done.
Stage 1 and NOT a Start Up: 1 – 10 employees
There are companies that choose to stay in Stage 1. Their business plan operates well with under 10 employees, generating enough income to provide a good living for the CEO as well as the employees. With the advent of the Internet, Internet companies are small, agile entities that can drive a lot of revenue with very few people. There are also many ‘brick and mortar’ companies that continue to thrive and not move out of Stage 1.
With that said, one of the key messages driven from the research of the stages of growth, is ‘If you aren’t growing, you’re dying.’ So even a 20-year old retail shop will start seeing an erosion of profits, clients moving away, market share dwindling if they don’t do something to continue to refresh their business goals and objectives.
And remember. Your skills as a leader must stay fresh and evolve with the company. Your ability to adapt to the needs of your company is a critical component of building a successful business.
The bottom line in understanding the 7 Stages of Growth that all companies go through is that the complexity of an organization will always extract its due. Understanding what's coming is the real value in understanding each stage of a company's growth.
Learn how to Survive and Thrive as your business grows.
Don’t wait! Order your copy of Survive and Thrive with 1 – 10 Employees Today and start proactively managing your growth!
"History is being read but it is also being written by people with imagination."
Les Brown.
I’m Laurie Taylor, author, speaker and trainer. I love helping business owners manage the chaos of growing their business. My book series on the 7 Stages of Growth are based on my own experiences and the critical concepts that are unique to the 7 Stages of Growth.
Stage 1 has 1 – 10 employees. Your role is to understand how to create a foundation of growth by understanding the critical challenges facing you today and recognize your ability to predict what’s coming by embracing all aspects of the 7 Stages of Growth.
Check Out The Other Success Secrets Books In The Series
by Laurie Taylor
