Stay Flexible to Grow Strong
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IBM
Still, companies will outgrow their bounds, and structuring more positions is often a key part of this. "We continue to invest in management that is building the infrastructure to position us for long-term success. We also had to hire a customer service person to keep up with the growth in demand and are currently accepting applications for a second customer service person," says Wouter Hoeberechts, CEO of WorldMedAssist, a company that offers medical treatments abroad.
Kenneth Wisnefski of Venderseek, which facilitates business-to-business interaction, believes that timing is everything when making new growth-based hires. "With [our] large increase in demand, we needed to double our staff size in a relatively short period. This was good in that all of the new hires were trained at the same time and bonded during the process, but it did require a lot of on-the-fly training to meet the demand while we got the new staff up to speed," Wisnefski says.Growing Confidence
Growing a business is complicated -- as Richard Singer, founder of RaiseCapital.com says, "It is not a one-trick pony. A blend of many skills is required to effectively grow any business. A good product or service is not enough. In the end, growing a small business requires the entrepreneur to be a financier, marketer, babysitter, salesman and politician." But don't underestimate your ability -- America is an ideal place for smaller companies to explode into larger companies, says Gold enthusiastically. If you believe that you have the ability to grow successfully, it will be contagious: Your executive team will believe it, your employees will believe it and then your customers will as well.- Loading Comments...
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