Contemporary entrepreneurs need to constantly refresh their knowldedge and competences to be successful in their businesses. Otherwise they limit their chances to grow. I write about topics which I consider to be crucial for contemporary business: about the tansformation of marketing, sales and the entire business models.
Managing the startup: the Need for a Measurable Approach and KPIs
In today’s dynamic business environment, small tech companies face unique challenges when it comes to scaling production and sales. One of key factors determining their success is the adoption of a measurable approach, as it helps to better manage activities and processes within the company. For the Board of Management this involves not only effective financial management but also focusing on key performance indicators (KPIs) in the commercial and operational realm.
Navigating Business in startups: the Role of People and Competencies
In the dynamic landscape of startups, where change is constant and resources are limited, the success of a company relies on more than just a groundbreaking idea or cutting-edge technology. The real driving force behind sustainable growth lies in the assembly of a team equipped with the right competencies. As we dig deeper into the importance of competencies in scaling a business, it’s essential to recognize the central role they play in achieving growth.
Unleashing the power of processes and structure
While strategy and product-market fit take center stage in the startup spotlight, don’t overlook the silent heroes: processes and structure. Do you believe that small teams can bypass processes? Think again. As your team grows, chaos grows. Demystify the myth that processes are exclusive to big players.
Unlocking Startup Growth: Product-Market Fit
In the dynamic world of startups, achieving sustainable growth heavily depends on Product-Market Fit (PMF). Let’s dig deeper into why PMF is the linchpin for your startup’s success and how it can kick start your growth journey.
Preparing your business to grow
Sales is the lifeblood of any business. To achieve growth, especially with limited resources, a well-thought-out sales strategy and efficient sales processes are imperative. Here is a concise breakdown of key considerations.
What makes startups strong – critical thinking
The power of visionary leaders lies in their creativity and will to achieve their goals. The visionary leaders’ minds are capable to generate many ideas, often on the spur of moment or sudden intuition. However, with limited resources they have, in order to implement those ideas, they need to select and prioritize. To do so they need critical thinking.
What makes startups strong – prioritization
The great strength of visionary founders is their creativity. Visionary leaders have a lot of ideas, and each idea seems like a great opportunity that cannot be overlooked. But such creativity can be a trap at the same time.
What makes startups weak
I have been writing last year mostly about best practices. However, I believe it is equally important to learn from mistakes. That is why my first article in 2023 will be about common mistakes that impede startups efforts to pave their way for growth. If you feel that you have a great product idea that can solve the problems of many customers but for some reason your business development is too slow, I hope this post will help you find a new inspiration for the 2023 activities.