Episode 414
You Cannot Survive Without Growth - S8 E21
Takeaways
- Businesses must grow or die is a myth.
- Growth can take many forms, not just revenue.
- Constant change is necessary to stay competitive.
- Regulatory pressures can necessitate growth.
- Lifestyle businesses may not need to grow.
- Effective growth management is crucial for leaders.
- Different phases of growth require different strategies.
- Stagnation can lead to business failure.
- Individual dependency can trap a business.
- Growth should be strategic, not just about numbers.
📖 Buy "Small Giants: Companies That Choose to Be Great Instead of Big" by Bo Burlingham
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Chapter Markers:
00:00 - Introduction to Unleashing Leadership
01:20 - The Myth of Growth: Must Businesses Always Grow?
04:15 - Phases of Growth: Managing Growth Effectively
06:18 - Regulatory Pressures and the Necessity of Growth
08:35 - The Lifestyle Business Trap: Growth vs. Individual Dependency