January 2016 – How We Business Owners Grow Their Business

Without progress or advancement, there is stagnation. In the business world, this leads eventually to demise. Why must businesses grow? Why must they prosper? What if they’re comfortable doing what they do best? Why do they need to pursue opportunities? Why must they expand? Why must they develop new products and services? Why do they have to think about new streams of income? The answers to these questions lie in the fact that a successful business breeds complacency.  Complacency breeds failure because you lose sight that things are constantly changing all around you. Customers’ demands change, economics change, technology changes, rules, regulations and the laws change, demographic markets change, and competition dynamics change.

As we move into the New Year, I gave considerable...