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Business Growth Entrepreneurship Personal Development

051: What Happens When Your Business Plateaus?

Business growth can be incredibly exciting; it’s what entrepreneurs and business owners strive for. However, at some point, every business will reach a plateau in its growth. 

This point of stagnation can feel frustrating; you may even begin to worry that your business is not as successful as it once was or had the potential to become. If this sounds familiar, fear not – there are steps you can take to get back on track and continue your climb towards success. 

In this episode, I answer the question from Maureen Pound – “What happens when your business plateaus?”  This can occur in organisations of any size, ranging from small businesses to large corporations.

Given the increasing competition in today’s market and the need to stay ahead of the game, it’s essential that companies strive for continuous improvement rather than aimlessly persisting without change. 

IN THIS EPISODE, YOU’LL FIND OUT…

  • Signs that your business has reached a plateau (00:40)
  • How to move out of business plateaus (02:11)
  • Identifying who you need to become to succeed (04:58)
  • Why you should be with people who are playing a bigger game (06:23)

QUOTES

“Plateau stage is a great chance for you to recharge, reflect and celebrate what you’ve achieved.” -Carl Taylor

“If you don’t know how, go and learn it.” -Carl Taylor

“If you want to move on from the level you’re at, you need to ensure that you’re around people who are in business at a higher level.” -Carl Taylor

WHERE YOU CAN FIND CARL TAYLOR
Automation Agency
CarlTaylor.com.au
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Like this episode? Have topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below.