Victorian Small Business Commission

Perhaps that is why some skilled individuals from giant companies fail to make good as entrepreneurs or managers in small corporations. They are used to delegating and aren’t ok at doing. The “mom and pop” stores are in this class, as are manufacturing companies that can’t get their product or process sold as planned. Some of these marginal companies have developed sufficient economic viability to ultimately be sold, usually at a slight loss. First, they assume that an organization must grow and pass through all phases of growth or die in the try. Second, the models fail to capture the essential early levels in a company’s origin and progress.

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