When your business is turning over around a million, you might have ten or a dozen people on your team. You’re all super-aware of what’s going on. You will work nights to get a big order out or prepare for a big pitch. You read each other’s minds and jump in to help. To some degree, you are all capable of doing each other’s jobs in a pinch.
North of this first million, and it starts to become important that you have specialists, and sometimes specialist teams. That means new management and new processes. Sometimes you will find there is an inner circle (the original team) and everyone else.
4
10 reads
The idea is part of this collection:
Learn more about entrepreneurship with this collection
The importance of innovation
The power of perseverance
How to think big and take risks
Related collections
Similar ideas to Departmentalization
Reminding yourself and the team annually of the big picture is the best way to check your ongoing fit to a changing world.
As a constant learner, your reminder will generate new insights that allow you to prepare for the future, without waiting for a crisis. Be sure to fac...
Building things that people want to use, in margin-enhancing, original ways is difficult.
You may have an abundance of domain knowledge, plenty of life experience, a fantastic team, heaps of funding, a big market and still fail miserably. People simply might not like or want what you have t...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates