If You Were a Start-Up?
If your business were a start up company instead of an existing organization, would you be doing anything differently? Uhhm…
As I travel around the country and speak with clients I notice this pent up frustration with the sluggishness of the business environment. I also notice than many companies are not taking advantage of the equipment, technology and services that they offer in an integrated manner to solve client business issues. In a sense, under utilizing the assets they currently possess. OK, back to the start-up.
I recently asked a company management team what they would do differently with their business if in fact it were a start-up and had the ability to start over. They quickly suggested enough ideas to fill a couple of easel pad sheets. The ha-ha moment came when I asked them what was preventing them from doing any of these things now? As it turned out, only two of the ideas required cap-ex funds but the balance were ideas that are now on their strategic to-do list.
What would you do different and what’s holding you back? Probably not as much as you think.