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Episode 1199:
Dr. Jeff Cornwall's "Symptoms of Growing Pains" offers a profound look into the challenges faced by growing businesses. Drawing on his extensive experience and insights from Eric Flamholtz’s model, Dr. Cornwall highlights key stages and potential pitfalls in business growth, emphasizing the importance of managing customers, employees, and organizational systems effectively.
Read along with the original article(s) here: https://drjeffcornwall.com/2021/03/21/symptoms-of-growing-pains/
Quotes to ponder:
"The biggest cause of failure in business is success."
"Every time the business owned by an entrepreneur who banks with us starts to grow, I get nervous. And if it grows quickly, I go on high alert!"
"When customer turnover rates exceed expectations, an entrepreneur should quickly diagnose the problem and take appropriate actions."
Episode references:
Growing Pains by Eric Flamholtz
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