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    3. Unfolding the Map»

    Unfolding the Map

    Peter Levinson
    Operations

    Unfolding the Map

    I heard two similar catchphrases last

    week, both from entrepreneurs I respect, that are diametrically

    opposed:

    1. If you don´t have a map, you can't get lost

    2. If you

    don´t have a map, you can't get where you're going

    How to reconcile the

    two?  I think the answer is stage of company.  In the early days of a business,

    being too rigid on what you're building and how you interact with your customer

    set can doom you.  You have to be nimble!  Spry!  Not care exactly what your

    endgame is, as long as it's good.

    As your business grows and you have a

    customer base to support and numbers to hit, having too much product development

    wanderlust across the organization will kill you.  You have more people at more

    levels in the organization who need more direction and goal-setting in order to

    stay effective and productive.

    The trick is having enough of a map in the

    early days to not get completely defocused, and having enough flexibility in the

    map later on to switch routes if there's traffic ahead.

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    Profile: Peter Levinson

    Peter Levinson

    BizBuySell
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