Saturday, March 10, 2007

How to Build a Billion Dollar Business? article at Forbes

How to Build a Billion Dollar Business? an article at Forbes.com - Sep 2006

Five Ways - How To Build A Billion-Dollar Business
Hannah Clark, 09.28.06

There's no secret formula that will make your company the next Google. Or is there?

David G. Thomson thinks there is. In his book, Blueprint to a Billion, Thomson identifies traits that fast-growing companies share. But this book isn't based on a theory, or even on Thomson's experience as a management consultant and sales executive. It's based on hard evidence.

The five ways mentioned by Thomson

1. Get a big idea - sounds difficult, but perhaps not so difficult, says the author
2. Find a marquee customer - always helps to have one big account that acts as a growth propellor
3. Embrace Big Brother - hitching your wagon to a star helps
4. Master the inside/outside dynamic - have a team focus on operations while another at marketing and outside world.
5. Put billion-dollar experts on your board - makes sense, doesn't it?

Full article here @ Forbes

No comments:

Post a Comment