))
Why you don’t want to bet on the rabbit
Manage episode 445434067 series 3206154
İçerik Douglas Caldwell tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan Douglas Caldwell veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.
• Steep growth and no profits is a myth, says consultant
• It's not explosive growth that makes a business
Who won that race between the rabbit and the tortoise? Everyone knows the answer, of course, and consultant Manny Skevofilax suggests a business strategy that the tortoise might endorse: Don’t sacrifice profits for growth.
To ensure the health of the business, go for steady growth and steady profits, he says, adding that steep growth and no profits as a long-term strategy is a myth.
After a career as a banker with Comerica Bank, Mr. Skevofilax opened his consultancy back in 2003.
As he notes, it's not explosive growth that makes a business, it's steady growth along with steady profits.
His new book is “Ultimate Profit Management: Maximizing Profitability as You Grow Your Business,”(Productivity Press; June 2024.)
For more information: https://poartalcfo.com
282 bölüm
Paylaş
