4 Keys to Pivoting Away from Survival Mode and Back to BIG Growth
Guest: Ryan Iwamoto, Co-Founder & President of 24 Hour Home Care, which has been on the Inc. 5,000 list of the fastest growing companies for eight consecutive years. Ryan is also an entrepreneur coaching client at CEO Coaching International. Episode in a Tweet: These four tips will help your business to stop merely surviving and start thriving again. Quick Background: Andy Grove, the former Chairman and CEO of Intel, famously said, "Bad companies are destroyed by crisis. Good companies survive them. Great companies are improved by them." Much like the 2008 recession, the pandemic is exposing structural inefficiencies and stagnant thinking that many businesses were blind to while the global economy was charging ahead. Companies that have merely survived Covid-19 so far need to turn a corner, start planning, and get back to growing before "holding steady" turns into flatlining. Today's guest, Ryan Iwamoto, has successfully navigated both the Great Recession and Covid-19. He co-founded 24 Hour Home Care in 2008--during the heart of the Great Recession--with a $160,000 investment. Thanks to his decisive leadership throughout 2020, the company is on track to do over $115 million in revenue this year, despite operating in an industry that's been hit hard by the pandemic.