May 2nd, 2013 → 1:35 am @ beckymccray
Andy Hayes used this idea to talk about the difference between a complex business and a sophisticated business, using Rule 6: Be Proud of Being Small.
“I actually think lots of business owners make the mistake of thinking they want a big business that’s complex, when really, you just want a business that is the “right” size. Even tiny businesses can have a “sophisticated” offering – e.g. a product or service that is high-touch and high-value.”
In fact, maybe it’s time to clean out your business and simplify your offerings, Andy says.
View the quick 2 minute video here: The Difference Between a Complex and a Sophisticated Business.