There's no single industry in which growth couldn't be applied, but there's also no magic formula to it. 🧠 I see this growth mindset in many entrepreneurs, and while it is crucial to nurture it, it is also crucial to manage the expectations it comes with.
This means having measurable factors and criteria that define what success looks like 🏆. For example, if our goal is to bring in x amount of customers, then have clear, measurable goals. This can be conversation rates, the number of demos, the number of leads turned to clients, etc. The more clarity you have on your objectives, the more valuable our efforts and learnings will be.
But this isn't enough. To execute a growth strategy effectively, you need to have a clear road plan in the form of a brief. Here are some of the things all growth briefs must have:
🚀 Outline of tasks and their respective responsible
🚀 The resources needed to complete it
🚀 Measurable of Success
🚀 A clear timeline for the project
🚀 The driving and restraining forces that can impact your progress
🚀 Deliverables of each task
Every strategy must be documented thoroughly. This includes being critical of the learnings, progress, successes, and failures. This helps you identify your pains to improve your strategy over time 💪🏽.
💡 How would you approach your growth strategy?
#growthstrategy #objectives #expectations #measurement #documenting