Full Speed Ahead

You’re in the zone now: you’re doing something you love, generating plenty of revenue, overheads are under control, systems and processes work well, and the profit margin looks good. And just like bees round a honey pot, opportunities will be coming in thick and fast from now on.

Huge growth is just around the corner, with recruitment, joint ventures, acquisitions and all sorts of other interesting propositions arriving in your inbox. This is the most dangerous phase for many business owners. Success has a habit of blinding you from reality, and managing risk when you’re enjoying real momentum is a tricky task.

Nothing fails like success. The velocity of your management team’s decision making is critical at this stage and a shared understanding of the firms vision, mission and strategy will help keep everything on track, as you head towards Letting Go.