Tuesday, March 7, 2017

The 7 Deadly Sins of Growth Companies



Exiting startup mode and transitioning into the growth phase can be a trying experience for entrepreneurs. Growth companies are beyond the white-knuckled survival days and playing a different game. There’s a lot more to know -- and a lot more on the line.

With that transition to the growth phase comes a whole litany of potential pitfalls -- what I call the seven deadly sins of growth companies. I’ve survived several of these while building Infusionsoft, and I have the scars to prove it.

Business owners in any phase need to stay abreast of the threats they face, but for growth companies, there are certain things to look for so they don’t stall, backslide or even die. Here are the seven deadly sins of growth companies.