Tuesday, March 1, 2016

Causes, Symptoms and Treatment of Growth Pains in Small Business

Working for yourself has never been easy, often the focus lies predominately on getting funding of some sort, usually from family and friends in the early stages. Although funding is important one of the biggest barriers to growth is the leader’s mindset. Working long hours as a solo entrepreneur, without a business strategy is not only stressful, energy sapping and risky, but it can impact on the owners wellbeing, performance, productivity and behavior. Statistics indicate small business that use this strategy often underperform or fail, compared to those that have a planned strategy supported by an trusted ‘outside voice’.
The capability of the leader to connect to their staff and relate to the needs of their target audience has also been site as a barrier to growth. Growing a business requires the leader to be prepared internally as well as externally.
barriers to growth
At coaching2transform we understand the challenges of staying connected as well as the tendency to lean towards isolation at such times. If the talents of staff and teams are the key components for growth, and the need for the owner-manager or solo entrepreneur is to seek solitude for replenishment and reflection. Then talk to us about vision sharing, group coaching and leadership thinking.
Make change happen by working smarter not by working harder!
Visit www.isolatedleadership.com subscribe to our blogs and make change happen!

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