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What Are Common Stumbling Blocks To Business Growth?
- 2024/09/25
- 再生時間： 49 分
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In this episode, we examine The 5 Threatening Truths of Business:
The Technical Founder Paradox: When the skills, abilities, and mindset of the founders, which were crucial to starting and growing the business, are what stand in the way of the business’ sustainability and scalability.
The Fragile Grip Principle: The acknowledgment of how the fragile relationship, between employers and employees, is handled by businesses greatly impacts their future success.
The Revenue Stabilizing Blindspot: The effect caused by businesses undervaluing positions that stabilize revenue, instead only favoring positions that generate revenue.
The Business Law of The Linchpin: The dependency businesses create on a single person or position for stability and growth that puts the business’ sustainability at risk.
The Action is Reaction Fallacy: The mistaken mindset that the business can survive and grow by only reacting, that success can come without acting with strategic intent.
Our prescription for this episode: take a step back and reflect on the degree to which these Threatening Truths are influencing your business. A fresh mindset, proper structures and processes, and strategic interventions can and will make a world of difference.
Past Episodes Referenced:
Season: 1 Episode: 10: What To Expect From The Labour Market In 2023?
Season: 2 Episode: 21: What Is The Technical Founder Paradox?
You can reach out to us to talk more about how to resolve these issues, just reach out to us at info@roman3.ca or through our LinkedIn page at https://www.linkedin.com/company/roman3
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About Our Hosts!
James is an experienced business coach with a specialization in HR management and talent attraction and retention.
Coby is a skilled educator and has an extensive background in building workforce and organizational capacity.
For a little more on our ideas and concepts, check out our Knowledge Suite or our YouTube Channel, Solutions Explained by Roman 3.