4 ms·
> Then you have an interesting challenge. Businesses are never at equilibrium. So if you're not growing, you're shrinking. There may be lulls where things are f
by rileymat2 9y ago
> Then you have an interesting challenge. Businesses are never at equilibrium. So if you're not growing, you're shrinking. There may be lulls where things are flat, but you never want to be flat.
Is this true? I suspect that a majority of small business are at equilibrium, providing income to the owner/operator. I just don't have the data to prove it.
- shostack 9y agoIf you find any supporting data, I'd love to see it because I dearly hope this to be true. Unfortunately, I suspect most of these businesses are vulnerable to larger competitors, market fluctuations and other risk factors that one would want a growing business to protect against. However I'm sure many businesses have managed to keep things fairly stable with modest growth and loyal customers for the lifespan of their owners relationship with the business. I'm just not sure if that is enough to support the fact that there is in fact a state of equilibrium for a business.