Growing Pains

November 09 2009

By Chadwick Meyer

Where did october go? I remember having a birthday at some point, but the rest is a blur. The good news, I suppose, is that the economy has finally picked up (for us at least) and we have more work than we can handle. We need to hire another designer and programmer, immediately. The bad news is, due to the sudden influx of work over the past couple months, I have been sucked back into the vortex of project management and programming, which means I have had no time to do any pro-active business development, partnership development, or strategic leadership for the company. This is the story of all small businesses, and it happens far too easily. But responding to the immediate crises, though it seems responsible, is counterproductive to growth.

I'm sharing this, because I'm sure other small businesses have experienced the same thing. And it's a good reminder to all business owners, that your business' success is not based on your ability to personally address every need that arises, but your ability to build a team that can do more than you can do alone. This involves added financial risk in even the most stable economy, and it requires trust in your team (if they only do things half as good as you would do them, it's still a net gain). But if you find the right team members, and you create the right environment that is both enjoyable and productive, then you will all be able to accomplish much more.

I read an article this weekend that argued it was false to assume that slow steady growth was the best way to grow a business. Responsibility, Integrity, commitment to customers, yes of course, but without fail, the businesses that succeed are not always the ones with the best product or services, but the ones that grow faster than their competitors and become the de facto standard for the industry. Once a business reaches a critical momentum, customers prefer to do business with the company that is recognized as the leader, and slowly the market share shifts away from the slow, steady growing business. It's something to think about.

Tags : business, competitors, competition, growth, employees, hiring, jobs

Comments:

Archives

June 10, 2022

Common Questions about Migrating Your Website from 1.0 to 2.0

Your website on the retro 1.0 version of our platform will continue to function until at least June 2023, and after that we will keep the old platform working as long as is necessary/reasonable to ...

June 06, 2022

Upgrade Your Old Website to Prevent Lawsuits and Improve Marketing

Over the last few years, we have been working on the overly ambitious project of rebuilding our Website Builder and Content Management System based on modern coding standards, cutting edge design, ...

June 10, 2022

The New Gutensite Website is Live on Our New Platform!

Did you notice we just launched a new version of our website? Go to https://gutensite.com to see what's new. Look around and imagine how your business could be helped if we transformed your website ...

October 06, 2021

ADA Compliance and Website Accessibility Standards

Chadwick Meyer

In the last few months clients have had a growing paranoia about a growing number of ADA lawsuits (Americans with Disabilities Act) for website accessability. There have been reports of "serial ...

September , 2021

New IDX Widget Going Live for Everyone

Chadwick Meyer

As part of our ongoing efforts to improve our system and also stay up to date with the changing technology requirements of each MLS, we have created an entirely new IDX Widget that was released to ...

2022 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2021 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2020 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2019 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2018 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2017 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2016 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2015 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2014 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2013 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2012 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2011 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2010 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2009 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

2008 Archives

Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

Full Archives

Name*
Email
Website
Comment*		Characters Remaining: 5000

WARNING: Archival Site

Gutensite