Friday, December 23, 2005

their is no requirement that the business should grow.

maybe becoz u dont want managerial kind of responsiblities.

but ppl get bored of repeating thesame thing,

growth n change go together,

their is generally a monetary incentive to grow

also needed to retain cool emplyees since otherwise they tend to move to other companies

their is an old saying that to survive an enterprise must grow.

it maybe come lethargic

so think about growth strategies carfully.

growth -> bigger risk

larger company -> cost of mistake more, but can tolerate more.

as u grow bankers, stake holders etc. gain incfluence so entrepreneur may lose control

differenet skills are needed to run the big company
entrepreneur may become dterimetnal even and shud give up to management guy
think if it is worth it.

avoid growth for the sake of growth but grow when the finance, oppurtunities, business conditions permit.

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