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Top 5 Reasons Your Company Needs to be Growing Fast

January 05, 20222 min read

Despite the advice recommending that start up businesses grow slowly and at a “manageable” pace, I’m going to suggest that your company should grow fast! While slow and steady may be great, there are so many logical reasons that fast growth in your business makes sense. 

Consider these five reasons why your business should achieve fast growth:

  1. The world moves fast; so should your business. I always tell clients that your business only runs as fast as your slowest task. And, when the world around you is clicking along at a quick pace, you’re going to be left behind. Do what it takes to achieve consistent growth, move quickly and keep up with the world around you. The Internet makes news instantaneous, sends out products overnight and allows you to reach people around the world in “real time.” A world that moves so fast needs growing businesses to keep up.

  2. Technology changes rapidly. Just when you think you have the most advanced methods or software systems, new trends emerge making your “old ways” obsolete. The only way to maintain in such a technological whirlwind is to be moving as quickly. Continuing to grow your business ensures that you remain flexible and adaptable...and enables you to embrace new technology to continue your fast-track progress.

  3. Supply and demand is always transitioning. To react to this ever-changing business factor, you have to be prepared to grow quickly. As the demand for your product increases, your ability to fulfill this demand with growing supply is essential. But, if you’re not prepared for rapid growth, this is just a missed opportunity.

  4. Take advantage of your momentum. Often, as a start-up business, you experience rapid growth in the beginning. From no customers to doubling your client base, your business may seem to be growing exponentially. Keep up the momentum and continue the progress. Slowing down allows excitement for your business or product to wane, which may slow your growth patterns. Keep pushing so that your momentum continues to drive you.

  5. Fast growth forces you to fix what’s broken. When your business is growing quickly, ineffective methods become obvious instantly. With your focus on progress, you have to fix flawed systems or processes that don’t work. If you don’t, growth can’t happen. The goals of growing fast keep you on your toes and aware of inefficient parts of your business. 

Growth is the key to a successful business. Plans to grow quickly require strategy on your part and the dedication to ensure that efficiency is at the core of all activities. If you’re finding that this is a challenge as your growth is exceeding your abilities to keep up with “things,” contact Clear Simple Business today. We can help you ease those growing pains and help you plan for the future.

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