NAIROBI, KENYA: According to the Kenya national Bureau of Statistics, most startups do not see their second anniversary. This means that after committing resources to start their business and entering into the market, most people give up due to one reason or another. On the other hand, the few businesspeople that manage to hold on during the initial rough phase go ahead to build successful companies. So, what does it take to grow a business? Are there sure strategies that would make the process faster and less complicated? The following entrepreneurs reveal the strategies that they used to grow their business:
There is no straight line to growing a business. If anything, just take the risk, work hard and learn as you go. However, the fastest way to grow your business is to identify a problem and solve it. When you solve problems you get money. But it takes time; you have to be resilient, patient and honest. Don’t fall for shortcuts