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In the last episode of Build, Paul Jarvis who is the author of Company of One and I, challenged the commonly held myth that you need to keep growing and scaling your company, otherwise youâre not innovating and youâll soon start to stagnate.
We also debunked myths related to it such as falling prey to a big competitor and needing to be a leader who cannot fail.
The big takeaway was to question growth for growthâs sake.
The episode might have brought up a number of questions for you like, âWhat about me? I work in a BIG company! Does that mean Iâm not innovative? Do I need to run a one-person business? Do I have to be anti-growth?â
Absolutely not!
The Company of One doesnât mean to be prescriptive or claim that there is only one way of doing business. Rather itâs building awareness for what is changing, and how those changes could help you. For example, if you are looking for more flexibility and freedom, you could work remotely or you could build a lifestyle business.
And if youâre still wondering, âHow Poornima and Paul? How do I do these things?â
Well, tune into todayâs episode! In it, youâll learn the following from Paul:
- Why studies of companies often deviate from best practices, and what really happens when companies grow too quickly
- Why Paul killed off profitable products and lines of business
- The âgotchaâ moments Paul went through as he was building his companyâââhow they have served as proof for his best practices
- How you can apply the Company of One mindset to a big company
Listen to the episode on iTunes!
You can listen to this episode of Build on iTunes.
âA company of one isnât just a one-person business. Itâs not anti-growth or anti-revenue. Itâs just a business that questions whether growth is right for founders, employees, and customers, and for the long term success of the business.â
â Paul Jarvis, share the episode!
Want to receive a copy of Paulâs upcoming book Company of One?
If you become a patron of Build on Patreon at the Silver or Gold tiers, Iâll make sure you receive an e-book copy of Paulâs book as well books from other authors I feature on the show this year. And if youâre one of those who loves a signed copy of a hardcover, then consider becoming a Platinum Patron. To become a patron visit Buildâs Patreon page here.
Build is brought to you by Femgineer an education company dedicated to helping techies build companies, products, and level-up in their careers.
Why Staying Small Can Be A Great Business Strategy was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
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