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Startups For the Rest of Us
Episode 724 | Managing Managers, Breaking Through Plateaus, Thoughts on EOS, and More Later-Stage Listener Questions
Jul 30, 2024
Explore management tips for handling managers effectively with insightful strategies. Discover how to conquer MRR plateaus and the common challenges SaaS companies face. Learn the art of presenting your product at conferences without overselling. Understand the delicate balance between SaaS growth and agency work, while keeping your focus sharp. This discussion offers valuable advice for entrepreneurs looking to scale their businesses successfully.
30:34
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Quick takeaways
- Effective management of other managers requires nurturing a culture of feedback and implementing key performance indicators for accountability.
- Breaking through MRR plateaus involves reflecting on growth factors and strategically allocating time between agency work and SaaS development.
Deep dives
Understanding Plateaus in Business Growth
Plateaus in business growth can occur unexpectedly and are often misunderstood by entrepreneurs. Achieving short-term success may lead to confusion about why it worked, particularly if there is no intentional strategy in place. Without the knowledge gained from overcoming challenges, entrepreneurs may struggle to pinpoint why they have plateaued or how to address potential issues. Reflecting on the various factors influencing growth can help them identify and correct underlying problems, allowing for sustainable progression beyond these stagnant periods.
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