Welcome once again to the Wise Entrepreneur blog.
We are back to business growth and expansion today, after our last discussions about tax planning. In our last blog on business growth we dwelt on top issues such as considering the profitability of the growth and expansion program, manpower requirements, financing requirements, controlling the business, managing diversity and remoteness and also maintaining and improving customer satisfaction through quality and value creation and delivery. Today we would like to look at growth from a different perspective – that is – in light of identifying and making use of new growth opportunities. I guess the majority of entrepreneurs desire their enterprises to grow.
Quoting Albert Dunning; ‘Great opportunities come to all, but many do not know that they have them. The only preparation to take advantage of them is to watch what each day brings’. I believe you are a serious entrepreneur who is focused on building a credible and reasonably sized business. Of course when you just want to stay in your little corner shop and bequeath that shop to your descendants then you might not find much value in write-ups like this I’m doing. Do you get what I mean? I’m addressing entrepreneurs who are keen on growing and developing their enterprises. And I think these are the entrepreneurs who can really impact humanity and the world – hence the need to nurture them.
Surely, we could go on and on regarding these growth opportunities, but let us stop here for today. As I said earlier, these considerations are valuable to entrepreneurs who really desire and are anxious for growth. If you want to fly with the eagles you have to stop scratching the earth with the turkeys. Move on and explore. Don’t limit yourself and your entrepreneurial dreams!
The Wise Entrepreneur