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Starting a business is a risky endeavor, but staying in business can be just as challenging. As the entrepreneurial firm grows beyond founding, it needs to ensure its organization is capable of managing growth. We have outlined a driving forces model that integrates leadership, opportunity domain, and resources and capabilities—and has execution at the core. The entrepreneur should understand and anticipate the challenges associated with building and managing a growing organization at different stages, prepare the organization to execute effectively at each point, and set the stage for a healthy future.
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1000 words