What's the quickest way to a $1million business?
The old joke is that you start with a £2million business and manage it badly.
The joke reminds us that managing any business - but especially small businesses and start-ups in not easy. They fail for many reasons - often (ironically) because of their success - when they run out of working capital.
So when you have success - even temporarily by meeting deadlines and milestones on the way to profit..... celebrate and reward it.
And let employees who are responsible for that success participate in the celebration and the reward.
The old joke is that you start with a £2million business and manage it badly.
The joke reminds us that managing any business - but especially small businesses and start-ups in not easy. They fail for many reasons - often (ironically) because of their success - when they run out of working capital.
So when you have success - even temporarily by meeting deadlines and milestones on the way to profit..... celebrate and reward it.
And let employees who are responsible for that success participate in the celebration and the reward.
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