Are You Really Ready for Growth?

Everyone want to see their business or career grow, but are you really ready for it?

This afternoon, I stopped in for lunch at the new Qdoba Mexican Grill located in downtown Louisville. Qdoba has mulitple locations throughout the metro area, but this is their first downtown.

I always like to visit a restaurant when they first open because their preparation and opening day can tell you a lot about how they’re going to operate.

In all honesty, today was probably the best service I’ve ever received at any Qdoba. Their staff was on top of their game and the food was exactly how I expected it to be. In my opinion, if today is any sign on how they handle service in the future they will do very well downtown.

Qdoba exemplifies a company that understands what it takes to grow.

Everyone wants to experience the success of growth.

There are natural results due to growth. Of course, the one that everyone wants to see is an increase in revenue. However, if you don’t have the right pieces in place, what once looked likes expansion could turn out to be detrimental to your business and/or your career. Put the wrong team in the wrong place and what once was momentum suddenly became a monument of what could have been.

If you are preparing for growth, what have you considered?
1. Staffing challenges
2. Increased costs
3. Additional revenue opportunities
4. Location
5. Additional advertising and marketing dollars
6. The unexpected

I’m sure you’ve seen it as well. A local company begins to experience success. Their revenues increase and expansion must be the predictable the next move. Money is spent, quality suffers, customers are lost, and before long the entire company goes out of business.

How can something that seemed like such a success fail? My response would be, “they weren’t ready for growth.”

If you are wanting to grow your company or expand your personal sphere of influence, what are you doing to prepare for growth?

image provided by: Wayne National Forest

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