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Why Do Small Companies Stay Small? odeela.com

Why Do Small Companies Stay Small?| Odeela

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Why Do Small Companies Stay

Small?

odeela.com

Agenda

● Single Point Focus● Wrong Focus or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences

Powerful Business Management Software Made Simple | odeela.com

Agenda

● Single Point Focus● Wrong Focus or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences

Powerful Business Management Software Made Simple | odeela.com

Single Point Focus

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If you focus on something too much, something else will suffer!

Powerful Business Management Software Made Simple | odeela.com

Single Point Focus

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ALWAYS keep in mind different aspects of running a business.

Powerful Business Management Software Made Simple | odeela.com

Single Point Focus

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In a small company, nobody has a narrow scope of duties or a single task.

Powerful Business Management Software Made Simple | odeela.com

Single Point Focus

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Keep your horizonts broad. Always come up with new ideas.

Powerful Business Management Software Made Simple | odeela.com

Agenda

● Single Point Focus● Wrong Focus or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences

Powerful Business Management Software Made Simple | odeela.com

Wrong Focus Or Wrong Strategy

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Remember Nokia?

They’re a victim of a wrong strategy.

Powerful Business Management Software Made Simple | odeela.com

Wrong Focus Or Wrong Strategy

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BEWARE OF FOCUS THAT IS:

Powerful Business Management Software Made Simple | odeela.com

Wrong Focus Or Wrong Strategy

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BEWARE OF FOCUS THAT IS:

too broadYou try to do everything.You actions lack depth.

You go for unmeasurable goals.

Powerful Business Management Software Made Simple | odeela.com

Wrong Focus Or Wrong Strategy

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BEWARE OF FOCUS THAT IS:

too broad too narrowYou try to do everything.You actions lack depth.

You go for unmeasurable goals.

You have a single focus issue.

Powerful Business Management Software Made Simple | odeela.com

Wrong Focus Or Wrong Strategy

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And remember: you MUST have a strategy to follow.

Powerful Business Management Software Made Simple | odeela.com

Wrong Focus Or Wrong Strategy

odeela.com

Don’t know how to prepare one?

Read about it. Immediately.

Or find someone to lead you!

Powerful Business Management Software Made Simple | odeela.com

Agenda

● Single Point Focus● Wrong Focus Or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences

Powerful Business Management Software Made Simple | odeela.com

No Scaling Plans

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Some business owners and executives are like NY cab drivers.

Powerful Business Management Software Made Simple | odeela.com

No Scaling Plans

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They only work hard until they reach the planned, daily income.

Powerful Business Management Software Made Simple | odeela.com

No Scaling Plans

odeela.com

DON’T BE LIKE THIS!

Powerful Business Management Software Made Simple | odeela.com

No Scaling Plans

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Don’t be satisfied with what you achieved so far.

Powerful Business Management Software Made Simple | odeela.com

No Scaling Plans

odeela.com

Your company should be your mission.

Run it to grow it.

Powerful Business Management Software Made Simple | odeela.com

Agenda

● Single Point Focus● Wrong Focus Or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences

Powerful Business Management Software Made Simple | odeela.com

Financing Problems

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Many companies don’t grow because they lack money.

Powerful Business Management Software Made Simple | odeela.com

Financing Problems

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They DON’T KNOW how can they find financial support.

Powerful Business Management Software Made Simple | odeela.com

Financing Problems

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Financing

Powerful Business Management Software Made Simple | odeela.com

Financing Problems

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Financing

Debt Financing● loans● leasing● bonds● ...

Powerful Business Management Software Made Simple | odeela.com

Financing Problems

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Financing

Debt Financing Equity Financing● loans● leasing● bonds● ...

● Funds● Industry Investors● ...

Powerful Business Management Software Made Simple | odeela.com

Financing Problems

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Search financial support and you will find it.

Powerful Business Management Software Made Simple | odeela.com

Agenda

● Single Point Focus● Wrong Focus Or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences

Powerful Business Management Software Made Simple | odeela.com

Poor HR

odeela.com

An employee’s underperformance can hinder your company’s growth.

Powerful Business Management Software Made Simple | odeela.com

Poor HR

odeela.com

ALWAYS use constructive feedback.Even if they’re your friend or family member.

Powerful Business Management Software Made Simple | odeela.com

Poor HR

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Don’t forget to employ the right way.

Powerful Business Management Software Made Simple | odeela.com

Poor HR

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Read what’s the good way to hire someone.

Powerful Business Management Software Made Simple | odeela.com

Poor HR

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This way, your inexperience won’t make you employ a person that stops your growth.

Powerful Business Management Software Made Simple | odeela.com

Agenda

● Single Point Focus● Wrong Focus Or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences

Powerful Business Management Software Made Simple | odeela.com

Bad Customer Attitude

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If your company spins the wheels, examine your customer attitude.

Powerful Business Management Software Made Simple | odeela.com

Bad Customer Attitude

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Your company exists because of your customers.Learn to appreciate them.

Powerful Business Management Software Made Simple | odeela.com

Bad Customer Attitude

odeela.com

Be open to feedback.

Listen to their needs.

BE FRIENDLY.

Powerful Business Management Software Made Simple | odeela.com

Bad Customer Attitude

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A happy customer will promote you for free among their friends and family.

Powerful Business Management Software Made Simple | odeela.com

Agenda

● Single Point Focus● Wrong Focus Or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences

Powerful Business Management Software Made Simple | odeela.com

No Innovation

odeela.com

Innovation is rarely something that will turn around the humankind’s fate.

Powerful Business Management Software Made Simple | odeela.com

No Innovation

odeela.com

With that in mind - you can innovate too!

Powerful Business Management Software Made Simple | odeela.com

No Innovation

odeela.com

Lack of innovation stops company’s growth.

Powerful Business Management Software Made Simple | odeela.com

No Innovation

odeela.com

From now on:

Powerful Business Management Software Made Simple | odeela.com

No Innovation

odeela.com

From now on:

● Improve your products or services

● Change and optimize everything

● Go where nobody else went

● Think of how to answer your customers’ needs better

Powerful Business Management Software Made Simple | odeela.com

No Innovation

odeela.com

You’re not trying to change the world’s future.You’re trying to stand out in the market.

Powerful Business Management Software Made Simple | odeela.com

No Innovation

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INNOVATIONS MAKE YOU STAND OUT.

Powerful Business Management Software Made Simple | odeela.com

Agenda

● Single Point Focus● Wrong Focus Or Wrong Strategy● No Scaling Plans● Financing Problems● Poor HR● Bad Customer Attitude● No Innovation● Small Mistakes With Big Consequences

Powerful Business Management Software Made Simple | odeela.com

Small Mistakes With Big Consequences

odeela.com

Imagine a mistake to be a tsunami wave.

Powerful Business Management Software Made Simple | odeela.com

Small Mistakes With Big Consequences

odeela.com

It will ruin only part of a large city.But it will swallow a small village entirely.

Powerful Business Management Software Made Simple | odeela.com

Small Mistakes With Big Consequences

odeela.com

In a small company, even the smallest mistakes affect everything.

Powerful Business Management Software Made Simple | odeela.com

Small Mistakes With Big Consequences

odeela.com

Plan carefully. You don’t want to regret your steps.

Powerful Business Management Software Made Simple | odeela.com

odeela.com

Now, go! You know what can stop you.Avoid it and grow your company today!

Powerful Business Management Software Made Simple | odeela.com

Want to know more?

Salary vs. Incentives: How to create the right mix.

Hiring the Right, Firing the Wrong: How to Fire an Employee

Why Do Small Companies Stay Small?

Select the article you want to read in full!

Be the leader they deserve: Make Your Team Achieve Their Goals

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