Chapter 3

Entrepreneurship on the Fly

As your company becomes established and grows, you will have to establish processes, procedures, and plans, all of which will need to be modified many times due to external as well as internal changes. How you manage and what kinds of processes and structures you implement will depend in large part on your firm, its stage of growth, your industry, and the state of the economy. In this chapter, I’ll highlight the kinds of issues you should be aware of as you navigate bumps in the road and experience different stages of growth. Even with the best of planning, you’ll need to be able to think fast—effectively and efficiently—and respond to challenges and opportunities with creativity, flexibility, and speed. ...

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