Ethan Nyhold started a business with his best friend in 1998. Twenty years later, the two person company has grown substantially, and he is sharing some tips on growing a business. Be sure to always network with the right people. Be ready to travel a lot if you want to increase your presence. Schedule a time to meet your workers in person even if they live in another country. Do not shrink from tough decisions, and innovation can help you grow your business.
Key Takeaways:
- If you want to grow your business, use your contacts to network well.
- Be prepared to travel and make time to meet your workers face-to-face, even the international employees.
- Do not be scared of making major decisions, and innovation will keep you relevant.
“Over the years, I’ve learnt valuable lessons about growing a business, including the challenges and rewards that come with building a company from the ground up and moving into new markets, like the United States.”
Read more: https://insidesmallbusiness.com.au/planning-management/key-lessons-in-successful-business-growth
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