Ideas about Building a Great Company and Being a Great Leader from the book – The Republic of Tea

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Philosophical & BusinessWisdom from The Republic of Tea by Mukesh Gupta I picked up and started reading the book “The Republic of Tea“, based on a recommendation by Seth Godin as a must read book. I am an avid Tea lover and so reading a book about Tea and a business around tea was an interesting proposition by itself. The book is a collection of fax messages that were exchanged between the people discussing the idea of starting a business selling Tea in the US with little commentary by the players giving some context when needed. I read the book as […]

Superconsumers – A Simple, Speedy, and Sustainable Path to Superior Growth

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Everyone wants to grow their business – irrespective of the current size or the level of competition. This also means that growth is not easy. So, any strategy that can help grow our business is a welcome addition to all the material that we already have. So, when I got my hands on the book – Superconsumers by Eddie Yoon, I was eager to read and understand the strategy. I must say, that on the face of it, it doesn’t seem like much different from what all the literature around managing your most profitable customers and growing from there. However, […]

Strategies for Employee Engagement in a Gig Economy

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EY recently announced the results of a Contingent Workforce Study that unearths key insights into the nature of the freelance or contingent workforce (the “gig economy”). Some of the key insights from the study regarding the future state of the Gig economy that they quote are as below: By 2020, 25% of organizations expect to use 30% or more contingent workers and the proportion using less than 10% will fall from 35% in 2016 to 22% in 2020. The gig economy is going to continue to grow, by 2020 almost one in five workers will be contingent workers. Two in […]

To Grow Fast, You Need to Slow Down

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Everyone wants to grow! Everyone is running fast towards soemthing that they think will help them grow – in business, in their jobs, in their personal life. Growth is critical in every sphere of life as without growth, things stagnate and eventually die. While it is important to keep moving and keep growing, it is important to understand what enables us to grow and grow in the right direction. Just speeding towards growth without realising what the growth will bring or if the direction is the right one, only ensures that the growth that we gain not only doesnot help […]

3 Reasons Why Your Business Growth Will Slow Down and How to Overcome Them

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Every organisation wants to grow their business. Every organisation also realises a simple fact that the more they grow, the more difficult it gets to grow. This is because growth creates complexity, and complexity is the silent killer of growth. This paradox explains the reason why many businesses are unable to sustain their growth or crumble due to their own weight after having gone through a period of exceedingly high growth. In their book, The Founders Mentality, James Allen and Chris Zook share three reasons for the slow-down of growth. Overload: This happens as the systems and processes in place […]