What are the growth issues entrepreneurial companies face?
• Some businesses may not offer any productivity improvement and therefore may have no significant potential for entrepreneurial growth. On the other, even with growth potential, the business owner may prefer to grow the business only to a certain point.
• Not all entrepreneurs aspire to business growth. Searching for independence and economic support for family and children, many small business founders work toward the goal of growing the business to a level to provide a relatively steady stream of income and employment.
• The true challenge for entrepreneurs is to avoid burnout from the daily operations and keep the entrepreneurial spirit that drove one into business alive and well.
• What distinguishes an entrepreneurial company from a small business is the ability of the venture owner to maneuver successfully through the transition stages necessary to handle distinctive periods of growth. .