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Passive Income
How To Develop A Powerful Growth Strategy
How can we develop a powerful growth strategy?
In this piece, I’m diving into in-depth look at creating a robust growth strategy. If you are running an online or offline business, understanding how to create and develop a growth strategy is important.
Step 1: Setting the Goal
Every successful journey starts with a clear destination. In this case, your goal is the star that guides your strategy.
Businesses aim for revenue and profitability, while non-profits and governments seek impactful growth.
Your goal is your North Star, illuminating the path ahead.
Step 2: Deciding Where to Focus
Next, let’s get practical.
“Where to play” is about pinpointing your target markets, customers, and products or services.
Start with insights from your SWOT analysis and prioritize your opportunities.
Remember, quality often trumps quantity.
