Scale up your company.
You've made a great start and your business is running smoothly. You're ready to scale up your company. But the worries are mounting. How do I keep the organization manageable? What to do to stay ahead of the competition? How should I continue to accelerate? What will this growth cost and how can I finance it? What processes and systems do I want to implement? These are big questions to take in account when you steamroll through from small to medium-sized enterprise and beyond.
Your own Venture helps prioritize, define and implement, so that there is a clear and feasible plan ahead and strength for implementation. Call us for your personal guidance by one of our business coaches. You can also first participate in our entrepreneurship inspiration session. In one half-day you will then get a clear picture of what successful entrepreneurship requires of you. Or get started with your own business plan. With our compact training business plan you will gain clarity about your ambition, goals, strategy and key actions in the short term!
Continues innovation and growth hacking.
Growing your business requires a good product for a market that is genuinely interested in it. From this basis you continue in a constant process of innovation. As Eric Ries describes it so beautifully in his groundbreaking book 'the lean startup'. You want to learn what your customers really want. You do experiments and constantly test your vision and adjust where necessary. Sometimes this even requires a fundamental change of your previous plans; a pivot.
Marketing and sales play a crucial role in this. In addition, traditional marketing is increasingly making way for a process of growth hacking. Growth hacking wants you to continuously grow your business through a data-driven approach based on experiments.
Scale up your company by motivated employees.
Motivated employees are the key to success. Expert employees who are passionate about their work are worth their weight in gold. Not only are they more productive, but also more creative and they think along better. Recruiting, developing and retaining talent should therefore be high on the agenda of every entrepreneur. Especially in these times of great shortage of good personnel. Invest in your employees with enthusiasm, involve them in your plans and let them think about the future of your company. It helps to properly orientate yourself on the many alternative options for rewarding and motivating your employees.
Scale up your company? Cash is king!
Cash is the lubricant for your company and the basis for further growth of your company. Most entrepreneurs have something of a financial forecast for the turnover they hope to achieve. The current costs per month are often also visible. However, a valid forecast of the costs for the next few years that matches the turnover expectation is usually lacking. It becomes even more difficult to make an adequate cash forecast that shows exactly how much money you can expect in the bank account at any point in time. Yet such a cash forecast is crucial for a company that wants to grow. If finances are not your thing, we are happy to help you introduce some simple models for this.
Your cash forecast also shows when you need how much extra money. This forms the basis for credit agreements with the banks, additional investments from external parties or alternative forms of financing. Let yourself be carefully informed about this and involve us in time to help you arrange the right financing.
This is how you can scale up your company.
+ Positioning & Portfolio
+ Talent & Culture
+ Organization & Processes
+ Finance & Funding
+ Sales & Marketing
+ Data & Digitization
Scale up your company by acquisitions.
Growing autonomously is already quite a thing with many challenges, opportunities and an overflowing agenda. And yet at this stage you also need to consciously think about that other option for growth; to acquire or be acquired. Don't let takeovers come your way as a coincidence and don't let yourself be caught unawares by a party that wants to take you over. After all, there's a lot involved in selling your business. Define your growth strategy together with Your own Venture and think through the far-reaching changes that takeovers entail. This way you can proactively look for the right reinforcements and decisively respond to the competition.
Discipline and perseverance.
And, last but not least, growing a business is not easy. That was of course already clear to you from what we wrote earlier on this page. However, there is also the discipline and perseverance necessary for an entrepreneur. No matter how beautiful the theory is, in the harsh reality many things will go wrong and you will have many difficult moments as an entrepreneur. Then it comes down to perseverance and looking for alternatives. But even if you are spared major dramas, you will have to work hard every day in a disciplined manner and actually carry out planned actions. These personal characteristics of you as an entrepreneur are perhaps the most important for your future success!
Accelerate your growth nów.
Want to grow your business? Put the big questions on the table together with Your own Venture. So that your priorities and growth plans become clear and you can start implementing them at full speed. Arrange an appointment with us using the button below or call +31 85 060 6070