Rags to Wreckages ... to Riches » how to grow your business in 2010 http://www.ragstowreckages.com Rapid Innovation - Rapid Startup Success Mon, 30 Jan 2012 09:57:44 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Point 1: Accept New Business Reality http://www.ragstowreckages.com/2010/05/point-1-accept-new-business-reality/?utm_source=rss&utm_medium=rss&utm_campaign=point-1-accept-new-business-reality http://www.ragstowreckages.com/2010/05/point-1-accept-new-business-reality/#comments Sat, 22 May 2010 14:50:18 +0000 Neil Lewis http://www.ragstowreckages.com/?p=1021 7 point plan, Lewis deals with three key points
1.) Tough credit terms will continue
2.) Most markets are shrinking fast
3.) There is good news - less competition
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In this first video of the 7 point plan, Lewis deals with three key points

1. We are now learning to live with tough credit terms (as per pre-dot.com boom)
Lewis talks about the forecasts that net lending will remain negative until 2011 and that the new credit terms are here to stay.

2. Our markets appear slow but actually, most markets are shrinking fast, with a few growing quickly too
Lewis discusses how mature markets are getting squeezed either by lower prices which maintain demand, or higher prices coupled with much lower demand – both of which means shrinkage of market for most businesses.

Equally, there are a few key sectors which are growing rapidly, digital media, freelancing, green technologies etc… and that successful business needs to be connecting with if it is going to achieve growth.

3. And the Good News - slow or no competition (no one has any money, which makes it easier to start new ventures….)
Lewis agrues that the old notion of “early mover advantage” is gone. In this business climate it is more important to take your time and get your proposition right.

…click here to watch all the videos from the 7 Point Plan – How to Grow Your Business in 2010..

]]> http://www.ragstowreckages.com/2010/05/point-1-accept-new-business-reality/feed/ 0 7 Point Plan – How to Grow Your Business in 2010 http://www.ragstowreckages.com/2010/04/7-point-plan-how-to-grow-your-business-in-2010/?utm_source=rss&utm_medium=rss&utm_campaign=7-point-plan-how-to-grow-your-business-in-2010 http://www.ragstowreckages.com/2010/04/7-point-plan-how-to-grow-your-business-in-2010/#comments Thu, 29 Apr 2010 22:42:35 +0000 Neil Lewis http://www.ragstowreckages.com/?p=933 How do we grow our businesses in 2010?

We have less cash than before, and borrowing is either impossible or way too expensive.

We've made cuts already to our business and so have a smaller team and less staff than before.

We know government cuts to public spending are coming and will impact on at least some of our customers if not our businesses directly. So what do we do?]]> 7 Point Plan - How to Grow Your Business in 2010

How will successful entrepreneurs grow our businesses in 2010?

We have less cash than before, and borrowing is either impossible or way too expensive.

We’ve made cuts already to our business and so have a smaller team and less staff than before.

We know government cuts to public spending are coming and will impact on at least some of our customers if not our businesses directly.

So what do we do?

We’ll we’ve put together a plan. A 7 point plan. And in fact we’ve even distilled those 7 points into just two key steps that we need to take if we want to grow our businesses in 2010.

Click here to watch the 7 point plan on how to grow your business in 2010.

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