Step 1. Study how organizations are built and
managed.
In my first post on this subject, I referred you to a
list, showing the five largest companies, in the
world, using the measure of revenue generation. I
also showed you that revenue generation is just
one of the recognized measures we use to assess
the size of a business.
I asked the question, how does one build a BIG
company, like Walmart, which has a turnover of
nearly $500bn, employing over 2 million
employees? This company is bigger than the
economies of nearly all the African countries, and
has more workers, than many countries!
I realised that the
importance of learning how to build, and manage
an organisation.
..........No matter how great your business idea, no
matter how smart you are, no matter, how
innovative you idea, no matter how much money
you raise:
Listen to me:
If you do not know how to build, and manage an
organization, you will either fail, or you will never
be able to realise your dream.
The difference between those people who are
good entrepreneurs, and those who are great
entrepreneurs, is the capacity to build and
manage an organisation, that is effective, efficient,
and innovative, even as it gets bigger and bigger,
and bigger.
"This is not something that comes to you
naturally. It is a skill you have to acquire, through
study and practice."
Whenever a business fails, if the truth be told, this
is 90%, of the reason for the failure.
Unfortunately many people never even realise that
this is their problem. They might even get angry, if
you suggest that this is the problem.
You can only solve a problem, when you realise
that there is a problem.... For those who do not
accept they could have such a problem, this is not
for you. I'm talking to people who want to turn
their businesses, no matter how small they are
today, into big, big, global companies...like
Walmart or Apple.
In my next post, I want to start giving you some
simple but practical principles on how to acquire
the skills, necessary to build, and manage an
organization. This is a huge subject, so you must
be patient.
To be continued.
Nice one.
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