Colony member Alex Dodgshon explains how business owners have to evolve as their businesses do.
No business stays the same forever. The healthiest, most profitable and successful businesses are continually evolving. To achieve this requires a business owner to constantly evolve too; shifting mindset, strategy, and priorities to deliver what the business needs. When there’s a gap between the leadership required by the business and its owner’s expectations and willingness to deliver, business performance may start to suffer. This is a sign that the business may have outgrown its owner.
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