Many people start a business because they want the freedom to do things their way.
Once that business becomes successful, however, the pressure to grow can come from many different sources - the bank, suppliers, partners, amongst others. Very often, growth brings extra risk, the loss of control, or veering off-course when it comes to core values. And so the small business owner can find themselves torn between the conventional 'wisdom' of "grow or die" and the very principles that started them on their journey.
I've just finished reading Bo Burlingham's book 'Small Giants : Companies That Choose To Be Great Instead of Big'. A great read, which presents a compelling case for the SME wanting to buck the corporate dogma that they should strategise towards rapid, world-conquering growth.Read More