Sweet Buzz - Scaling a Digital B2B Business With Dancho Dimkov is on Podfan

#223 Exploitation vs Exploration

Sep 22, 2023 • S01 E223 • 00:06:44

I've been diving into some inspiring TED talks, and I stumbled upon one discussing the two reasons why companies fail and how to avoid them. The theory is intriguing: companies can either be in exploitation mode, focused on monetizing what they have, or in exploration mode, constantly chasing the next big thing. But here's the catch – both extremes are risky. Only 2% of companies strike the right balance. I believe you need two types of people in your company: the entrepreneurial explorer and the operational exploiter. One creates, innovates, and explores new frontiers, while the other optimizes, streamlines, and ensures profitability. Together, they make a winning team. So, where does your company stand? 🤔

Can’t get enough?

Subscribe to “Sweet Buzz - Scaling a Digital B2B Business” to get a notification as I publish new episodes: https://podcast.bizzbeesolutions.com/

Do you want to get up close and personal with me?

This is the place to be: https://danchodimkov.com/

Read all about the proven 6-step ZZ framework that will assure you get a steady flow of qualified leads in my Amazon best-selling book “Sweet Leads”:

https://danchodimkov.com/book/

Ready to boost your B2B growth and uncover the secrets of effective leadership?

Buy “8 Qualities For Great Leadership – Critical Elements For Current and Future Success” here: ⁠https://danchodimkov.com/8-qualities-for-great-leadership/

A combination of courses, online community, and coaching sessions, that provide you with tools, and know-how on planning, executing, and optimizing your outreach campaigns?

Don’t overthink and click the link: http://hive.bizzbeesolutions.com/

Discover the mouthwatering secrets of successful prospecting & outreach on “Sweet Leads - The BizzBee Podcast” and learn how it can work wonders for you:

https://sweetleads.bizzbeesolutions.com/

Keep up with me on:

LinkedIn: https://www.linkedin.com/in/dancodimkov/

LinkedIn page: https://www.linkedin.com/company/danchodimkov/

Facebook: https://www.facebook.com/dancho.dimkov.98

YouTube: https://www.youtube.com/channel/UCd2RyNY3x-JagR8TOGnjbGg

Twitter: https://twitter.com/danco_mmun

Connect with BizzBee, and enjoy some sweet content:

LinkedIn: https://www.linkedin.com/company/bizzbee-solutions/mycompany/

Facebook: https://www.facebook.com/BizzBeeSolutions

Instagram: https://www.instagram.com/bizzbeesolutions

Twitter: https://twitter.com/BizzBeeSolution