The biggest danger to any business is when stakeholders become too complacent in their business and start to take things lightly or for granted. The moment this happens
“Business gets stuck”. They do not grow beyond certain point.
So what’s the way forward?
- Start taking calculated risk: Just go back to the days, when you initially started the business, you took enormous amount of risk. Now compare that situation with the current one.
Have you thought of expanding? Introducing new products or services?
If your answer is no take that step and see the good things unfold.
Remember the greatest learning and success comes from the most “Uncomfortable Situation”
- Document your intentions: If you are doing 10cr and want to double, triple or quadruple the revenue in next three years, then document your intentions. There is enormous power you put things in writing. Also make execution plan to implement your plan
If you do above two things, you will be in the league of your own