10
Lessons From The Book "Think Big, Act Small: How America's Best Performing
Companies Keep The Start-Up Spirit Alive" By Jason Jennings:
1. Small companies can achieve great things.
Jennings profiles nine American companies that
have consistently increased their revenues and profits by 10 percent or more
for ten consecutive years. These companies, which he calls "quiet
superstars," have achieved remarkable success despite their relatively
small size.
2. Success is not about having a big idea, but
about executing it well.
The companies profiled in Jennings' book did
not come up with revolutionary new products or services. Instead, they focused
on doing the basics well and consistently delivering value to their customers.
3. Culture is critical to long-term success.
The quiet superstars all have strong, positive
cultures that are characterized by a focus on customer service, employee
engagement, and continuous improvement.
4. Leadership is essential for driving growth.
The quiet superstars all have strong leaders
who are able to articulate a clear vision for the company, motivate their
employees, and make tough decisions.
5. Small companies can compete with big
companies by being nimble and adaptable.
Small companies have the advantage of being
able to quickly adapt to changing market conditions and customer needs. This
gives them an edge over larger, more bureaucratic companies.
6. Small companies can build strong
relationships with their customers.
Small companies have the opportunity to
develop close relationships with their customers, which can lead to repeat
business and positive word-of-mouth.
7. Small companies can innovate by focusing on
their core competencies.
Small companies do not have the resources to
invest in R&D on a large scale. However, they can still innovate by
focusing on their core competencies and improving their existing products and
services.
8. Small companies can grow by expanding into
new markets.
Small companies can reach new customers and
expand their revenue streams by expanding into new markets.
9. Small companies can succeed by partnering
with other companies.
Small companies can leverage the resources and
expertise of other companies to expand their reach and capabilities.
10. Small companies can make a big impact on
the world.
The quiet superstars profiled in Jennings'
book are all making a positive impact on the world by providing jobs, creating
value, and contributing to their communities.
"Think Big, Act Small" is an
inspirational and informative book that offers valuable insights for small
business owners and entrepreneurs.
Jennings' profiles of the quiet superstars
provide concrete examples of how small companies can achieve great
things.
The lessons from this book can help small business owners develop the strategies and mindset they need to achieve sustainable growth and success.
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