Tag: Growth

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How Do You Effectively Plan Your Company’s Internal Training Programs

What is the purpose of internal training programs?  Plenty of internal training programs for employees are designed to bring revenue to the business.  Investing in employee learning can significantly boost a company's success. ATD study shows that companies with comprehensive internal training programs see a staggering 218% higher income per employee compared to those without. Additionally, their profit margins enjoy a 24% advantage. These figures highlight the undeniable impact of employee development. But formal training isn't the only path. One of my biggest fears is that our team would become complacent. Chilling in their comfort zone. The sole reason I… Continue Reading
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How Digital Consultants Bring Value to SMEs

Growing a Top 20 WordPress agency worldwide is what led me to pick up marketing and management skills which I’ve been polishing as a digital consultant over the past decade bringing value to Small and Medium-Sized Enterprises (SMEs). When I mention that “I’m the CEO of DevriX and I’m a Digital Consultant”, I often get asked, “What does a Digital Consultant do” “How do digital consultants bring value to SMEs? Well, for starters: Digital consultants bring a diverse and broad industry expertise Combined with a cost-effective mentorship (the “one-man army” approach) They provide and set the high-end strategy They pave… Continue Reading
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Why You Have to Target Non-US Markets For Higher Profits

Currently, the United States is the world's largest national economy. Its GDP for 2016 is $18,56 trillion, hosts the majority of the biggest companies in the universe (that we know of), and is notoriously known as the "land of unlimited possibilities." [caption id="attachment_12254" align="aligncenter" width="730"] GDP for the US over the years - source[/caption] It's only natural to target the US market when selling services, or products, and aim for a higher percentage of visitors, users, and customers living in the States. It's the goal of many entrepreneurs and a target for their marketing teams. A study quoted by Reference.com… Continue Reading
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How Remote Teams Work Together

Working remotely is about mutual trust. It’s the same as assessing the security of your home, the reliability of your office job, or the viability of your relationship. It's about creating an ecosystem where both parties can operate securely, reliably, and respectfully. Employers and employees must mutually invest in this ecosystem, recognizing that their actions or inactions can significantly impact each other. If you don’t care, you’ll lose. If you stress over it too much, something seems fishy and you may get burned again. I am a proponent of remote working in theory. And I’ve managed to build a team… Continue Reading
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Persistence Is The Way Forward

During WordCamp San Francisco a few years ago, I had the chance to do pair programming with Rodrigo Primo on #15459. He's an incredible and passionate WordPress developer, and he approached me before the Contributor Day to do some hacking on performance for hierarchical post types after I sent my patch with some ideas related to that change. The Unit Test Challenge When we reached the unit tests, none of us knew how to build that specific bit. The function was printing some code without returning an array of data to assert. And we couldn't find a Core example of unit tests doing that validation. I suggested… Continue Reading
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The Power of Big-Picture Thinking: A Key to Sustainable Business Growth

Imagine a business that only focuses on short-term gains, ignoring the bigger picture. What would be the long-term consequences for its vision, strategy, and overall success? Would it be able to sustain growth and create lasting value in a rapidly evolving marketplace? A stark reminder of the need to shift from short-term goals to long-term ones was given by the recent pandemic around the world.  Businesses that failed to take the bigger picture into account and establish a clear long-term goal found it difficult to maintain growth during the instability. In contrast, companies that adopted a broader perspective by evaluating… Continue Reading
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Internet Marketing For Startups – Outsourcing vs. Building Teams

Internet marketing is one of the many online disciplines that don’t require education, certification, or any type of entry point that comes with the right background or experience. The same goes for content marketing, web design, web development, advertising, PR - you name it. It’s not the same for medical professionals and lawyers - which is why we don’t deal with these problems in the first place. Sure, some are better and more experienced than others, but you know that they’ve studied hard and gone to some of the best medical or law schools in order to land a job in the first… Continue Reading
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Main Considerations When Working With Big Enterprises

Clients are not as different as you may think when working with small or big enterprises. At the end of the day, it is always about achieving results and communicating with the decision maker on the other side of the table. One important thing to note is that higher paying clients are often from larger organizations, and they are structured differently from small-scale businesses. Types Of Enterprise Businesses In terms of the organization structure, here are the types of enterprise businesses (small, medium, and large ones) that are worth noting up front: There are enterprises with thousands or tens of thousands… Continue Reading
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10 Factors to Consider Before Scaling Your Business Towards Growth

While the global corporate community world aims for rapid growth, scaling your business towards growth does not come easy. In fact, not everyone is suitable for growth. An old Harvard Business Review study recommends a 10% to 25% growth target across a broad data set of small and enterprise companies. If we review NYU research data including 2023, average CAGR over the past 5 years (blended across categories) is 10.10%, considering the volatile global terms with some industries accelerating faster than others. The business size and segmentation play a role in how to scale a business. Smaller companies grow faster… Continue Reading
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The 38 Biggest Business Challenges Growing Companies Face

Growing a business is complicated. According to SBE Council, 89% of all businesses employ fewer than 20 employees. And scaling a company further is contingent on solving a number of business challenges -- most of those being common across all organizations out there. Businesses in their first year or two, under 10 to 20 employees, and making less than $500,000 in revenue are still validating their business model. Once a certain sense of stability is met, several repetitive challenges keep haunting organizations, over and over again. [optin-monster-shortcode id="bvo0dmszdzz4j6ua2ljr"] This is why I've compiled this comprehensive list of the most impactful… Continue Reading