Change is a constant and fundamental aspect of the business world and our lives. It is something that happens continuously all around us, whether we notice it or not. How businesses, at every level of development, react to change is often what determines whether or not they are able to survive and grow.
Like children, businesses have different needs at different stages of their development. During times of rapid growth, business owners may find themselves overwhelmed, as parents often feel during a child’s growth spurt. A business growth spurt, although exciting, can be chaotic and unpredictable, much like a baby’s or a toddler’s. Research shows that 40-50% of startup founders end up leaving their own companies due to the challenges of managing growth.
