The DaySpring Process
1. Develop a Growth Plan
Where do you want to be in 5 years? What are the keys to achieving that goal? Develop a simple growth plan with 3-5 tangible actions for the first 90 days. Meet weekly or monthly to review progress on these initiatives. Meet every quarter establish a new set of initiatives.
2. Address “Pain Points”
What is distracting from focusing on long-term growth? Immediately address these issues to allow for focus on what’s most important.
3. Bolster Infrastructure
What “breaks” if the company grows? Build out this infrastructure, so that the business can responsibly grow.
4. Grow in Core Markets
How can the company grow with its existing products and customer type? Supercharge sales and marketing to increase core revenues.
5. Expand to New Markets
Can you enter a new region, launch a new product, or reach a new customer type? Can you develop a partnership or acquire a competitor to gain access to a new market? Selectively pursue these strategic initiatives to complement the core business.