Are you an entrepreneur who has reached the point where the growth of your business is stuck? Are you at a plateau where it seems like you cannot break through the challenge of your current revenues? Whether that is $1M, $5M, $20M, or more. The challenge is that the people and actions that got you to your current point, will not take you to where you want to go next. If you are stuck in a plateau and want to grow your business, here are some areas to focus on.
I have known Shannon Byrne Susko for over a decade and in all that time she consistently has shown up with an amazing toolkit of solutions to help entrepreneurs increase their success—both revenue and profit growth. You can now access her amazing set of tools in her book The Metronome Effect: The Journey to Predictable Profit.
You stand up to present to your entire company. Together all of you moved through the challenges of the last year. After the polite applause died down, you press the forward button on your remote control. No one except you know for sure whether the ambitious goals that you and your senior team together came up with were achieved. Instead of showing financial numbers and progress against your goals, you show them a picture of the strip in Las Vegas. Cheering erupts in the room as everyone realizes that the each of them and their spouses are going to Las Vegas for three days to celebrate achieving those very goals you put in front of them a year ago.
Every chapter of my book Wind In Your Sails: Vital Strategies That Accelerate Your Entrepreneurial Growth ends with the section Take Action Now. Here are my actions for planning the exit from your company.