4 Stages of Business Growth to Know!

One of the most important things you have to learn from business is to learn about the stages of business growth. According to Jim Canfield, there are 4 stages of business growth that a company should through to get its best career. Each stage has a different challenge that should be done by the business company who through it. Want to get a deeper understanding of it? Check the following information!

4 Stages Of Business Growth And Its Challenge

As already stated before, the different stage will have a different challenge in order to make sure whether the business can through the next phase or not. Therefore, to understand each stage in the growth of the business, please check the following points!

  • Start-up

This phase is the beginning where you start your business. Here, you will introduce your concept and launched it to the market. Besides that, you also have to make sure that you can get enough support even in the pre-launch so that you can be easier to prove the concept that you have. Before you enter the real market, you have to strengthen your concept and also the marketing plan you have.

  • Build-up

At this stage, you will grow bigger as you already through the first phase. You will already need to maintain good relations with some amount of customers and you need to keep their trust. Some businesses are failed in this phase because they cannot manage good personnel and other management quite well.

  • Build-out

As you already get enough support as the base from the previous stage, you will get different challenge here. In this stage, you need to broaden your products and try different markets to gain new clients or customers for your business. It will make your business grows well and wider, yet you cannot forget about your old markets. You have to make sure to manage your old and new markets to stick their interest to your product.

  • Enterprise

In this phase, you already reach wider attention and even called as a national brand. After you reach this point, you can start to offer discounts. As you already in the top point, you might lose some of your entrepreneurial spirits. To make sure that you can keep that spirit, of course, you have to remember about your old struggle.

Besides that, do not think that you can be too easy to handle the management, as you still need to keep it in balance. Yes, even though the business is already big, you cannot forget how important management is. You also have to work as diligent as your old days while still being a start-up company. With that spirit, you will be able to manage your business in a long time.

Those are 4 stages of business growth that you have to know. As each stage has its important side, it is good to always try the best in every step we take when we build a business. So, if you think you are ready to start a business, you have to be ready to through those 4 stages. Make sure that your business will be able to overcome any challenge and through it well.

The Greatest Books for Who Want to be A Great Leader

The inspiring leader might not only impress the people they lead. However, they also will impress and inspire other people who find out how great their leadership. For you who want to be a great leader, you can learn it from those great leaders or learn it from something else. For example, you can learn it from some books that would be very helpful.

The Best Books Should Be Read By The Best Leader

As everybody knows that book contains many information and inspiration of life, you also can get books that can give you guidance on how to be a good leader. Being a great leader is something possible, even for you who think yourself still lack of many leadership skills. Here are five inspiring books to help you to be a great leader in your future!

  • “Leading Continuous Change: Navigating Churn in the Real World” by Bill Pasmore

This book will be much recommended for those who love to think about change. It will help you to know about how communication will affect the possibility of a change will fail or successful. For you who want to create a new and better culture in your company or your organization, the change leaders, you should read this book. Find your weapons here and get more solution for better organization and company!

  • “Positive Leadership: Strategies for Extraordinary Performance” by Kim Cameron

This is one of the classic yet inspiring books of leadership. From this book, you will learn about how you will find your way to be a good leader. For the typical leaders who have more desire about some positive deviance, this book can be the solution for them.

This book is even more interesting if you are the type of people who love to know how emotion and attitude can give an impact for work. It does also tell you about how to create any positive culture in some organization or structure. You will really get the answers about your curiosity in those aspects.

  • “The Positive Organization: Breaking Free from Conventional Cultures, Constraints, and Beliefs” by Robert E. Quinn

For those who are starting or climbing the position to be a leader, this book will be good for them. This book will also help you who want to know how to work in teams properly and create a good atmosphere in a team. This book will really give the opinion about how to make work environment becomes more caring but still produce a good result and performance.

  • “Teaming: How Organizations Learn, Innovate, and Compete in the Knowledge Economy” by Amy C. Edmondson

This book can be categorized as more general leadership book as it is recommended for those who are being a leader. It will give many good tips of facing any kind of moods in the team and make it balance. It gives the solution about how to manage the performance with a good relationship between each team member and also the leader.

  • “A Leader’s Legacy” by James Kouzes and Barry Posner

The mystery of “relationship” between the leader and the employees will be given here. It will tell more about how good relationship between the leader and the employees will make the company stronger. It will make the employees give their trust in their leader and follow the good rules from the leader. For those who want to understand more about the personal character, this is a good book to read.

If you are really encouraged to be a great leader, you must have your curiosity to know more about leadership through those books. Read the one that you think will match with your current condition. However, if you have more free time, reading all of those recommended books will not make you disappointed.

Boost Our Productivity and Happiness from the Beginning of Day

If you want to have a good day, of course, you have to start it with a good and positive morning. You might be tired yesterday and it still gives impact to your physic even in the morning. However, you have to remember that you should be as productive as yesterday and even does everything better. You need to boost your mood in the morning, so you can manage your mind to be more productive.

What Should You Do To Boost Your Productivity

To make yourself becomes an enthusiast and more productive, you have to set your morning very well. These things are important for you in order to boost your productivity into your maximum point. Therefore, you can work on your maximum focus and do well with your job. Then, what you should do in the morning?

  • Wake Up Earlier

Waking up early morning is something that can be categorized as a good habit. You might need to sleep more but if you do not wake up earlier, you even do not have time to enjoy your morning. Yes, when you wake up earlier, you do not need to do your morning preparation in hurry. Some people who do not wake up earlier, they might even forget to have their breakfast.

However, if you decide to wake up earlier, you will have more time of preparation. You can take a bath in proper time and even make your delicious breakfast. If you still have your time, you can drink a cup of coffee or tea while reading the morning newspaper before going to your work.

  • Just Say Your Goals Out Loud

You can do another thing to boost your mood. For example, you can say your goals loudly in the morning. If you are an entrepreneur and you have a small growing company, for instance, and you want your company to work better today, you have to say it. Say it loudly that your company will grow better, so your mind will get motivation and work harder. Then, you can be more productive today.

  • Having To-Do List

The other helpful thing to make your day become more productive is that you have to prepare your To-Do list. For some people, this kind of management is something important. They will write any things that should be done in a day. If you also want to try making your To-Do list, you have to write it based on the priority. In another hand, you also can write it by the order of the time it should be finished.

Write important things you have to do in your day, make sure that you make the deadline. Then, follow the to-do list that you already create in the morning. It will motivate you to be more productive and even work harder as you have some important things to be done.

By having those simple yet helpful things in the morning, you can boost your mood and your productivity. You will work harder than yesterday so that your goals will be reached. Even your to-do list will be completed in a day.

Be Prepare As If You Will Through Tough Financial Times!

The financial problem can be a problem is a problem that can be through by many people. You might also have experience with this. Of course, experiencing the financial problem is not easy. Especially when you have a business or company, the financial problem can be a serious issue. Many people become depressed because of financial problem. However, it does not mean that you cannot handle it.

Things Should You Do As If You Are Through Tough Financial Times

If you are facing a financial problem, before you decide to give up and do bad things which will ruin more things, you have to know how to face it. Of course, facing financial problems need times and you also have to know the best steps of it. Then, what you should do for facing the tough financial problem?

  • Keep in Mind: Everything will Get Better

Being positive even though you are facing a bad time is a very good thing. By thinking positive, you will make yourself believe that there is a solution to any problem. It also will make you get the motivation to think about what to do in order to solve the financial problem and make it get better. With this simple yet positive attitude, the big impact hopefully will come.

  • Find the Trusted-Perfect One

If you think you need to tell your problem to any of your friends, make sure that you can find the trusted one. Tell your problem to the one whom you think will help you in giving a solution or at least will make you feel that you can face the problem. Even though they might do not have the capability to give a specific solution, at least they can help you to focus on your priority. They will help you keep on your track and accompany you to face the problems.

  • Get Plan and More Plans

After you have experience of facing a tough time, you have to be more ready with what probably happen in the future. You better to have a plan and more plans in the future. It will help you to maintain the backup plan too as if your main plan does not work well. So, the tough time can give you a good learning and you can grow stronger.

  • Avoid the Stress On Something that Could Not be Controlled

Economy or financial things are something that cannot be controlled. Even you who already prepare for it and you think your preparation is already perfect, you will never know if there will be a problem. So, do not get too stressed because of it and make sure you can come back with stronger plans.

  • Priority on Saving

Saving is important for your financial. As you do not have the total control of money or economical things that are going on, you better to have your saving. Saving can help you as the backup financial once you might experience unexpected thing in the future.

Those tips are very important for you to follow if you want to face any financial problems. You have to remember that you still have the possibility to be better. By understanding those tips, you will be able to overcome the crisis easier.