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Business Consistency and Market Growth

Based out of John Maxwell’s book, “The 15 Invaluable Laws of Growth”, I wanted to share the top 5 that I felt would help you see results immediately. I believe that if you diagnose what your challenges are, you can be given the appropriate direction to help you grow faster. 

The Law of Consistency”

Motivation gets you going – Discipline keeps you growing

Maxwell says that “If you want to become more disciplined and consistent in your performance, you need to become more disciplined in your growth.” Below are a few ideas for developing consistency in personal growth. 

1.       Match your motivation to your personality type. Take a couple personality profile tests to see where you fit, and match your productivity methods with what best suits your personality. 

2.       Begin by setting goals that are worthwhile, but highly achievable. Think about the basics. Then practice them every day. “Small disciplines repeated with consistency every day lead to great achievements gained slowly over time.” –Maxwell. 

3.       Be patient. You may not see the benefits of growth immediately, and that’s ok. Keep pressing on and trust the process. If you fall off the wagon and waver in your discipline, don’t give up. Get back on that wagon and start again!

4.       Learn to value and enjoy the process of growth. Growth is a lifetime journey, so you might as well enjoy it. 

5.       Develop a strong “why”. Why do you want to keep growing? Think of both short and long term “why’s”. Use your answers to drive you when discipline becomes difficult, discouraging, or tedious. 

"As you develop discipline in your growth, you will start seeing the results come in over time. Consistency every day leads to habits, and habits are what change your life. Stick with it and press on!"  Coleman Monahan

It’s important that you go over three important concepts when looking at the growth of your company or organization. 

  •            Financial Infrastructure 

  •            Organizational Structure 

  •            Marketing Infrastructure                    

A growth strategy is an organization’s plan for overcoming current and future challenges to realize its goals for expansion. Examples of growth strategy goals include increasing market share and revenue, acquiring assets and improving the organization’s products or service. 

With an agile finance strategy your company can get long term value delivered  even when facing shifting market dynamics. Develop a clear, concise and measurable strategic plan for finance. 

Whether your organization missed, met or exceeded financial expectations, you must continually make smart decisions to propel the organization forward in today’s competitive and uncertain landscape. Having an agile finance function that’s able to course correct quickly in any condition is key. 

The last four items I want to leave you with are strategies that will help your company Win. 

  • Product Development 

  • Market Penetration 

  • Strategic Partnerships and Collaborations 

  • Market Development 

“There are businesses who compete with you and there are businesses who have the same target market as you, but solve a different problem for the customer. I’m this strategy, you can grow your market share by collaborating with complementary businesses. This is what we call a strategic partnership.” Ryan Gould. 

When you are ready, ask for a customized plan from MN Development to help grow your company. The growth is limitless with the right tools and the best team to help guide you. 

N in MN Development