Things are going well for the Ghent design and consultancy firm Maat-ontwerpers. The firm got off to a flying start. And in 2017, partner Peter Vanden Abeele was appointed city architect for Ghent. A turning point. Which direction did they want to take the company in? How could they become more professional? To face these challenges, Filip Buyse and Esther Jacobs decided that two of them would follow the SME Challenge programme at Vlerick. The changes they are going through are now giving them renewed energy.
"Vlerick has a recognized reputation for entrepreneurship and innovation with its Full-Time MBA programme ranked 9th in the world by Financial Times for its focus on entrepreneurship. To be honest, in the first few weeks of starting my MBA I thought this was just one more empty boast that business schools put on their brochures rather than a real commitment to fostering entrepreneurship.
Go online and google “how to pitch an idea?” − and you’ll find thousands of blog posts on the matter. This shouldn’t be surprising, given that pitching is a relevant skill in any setting where you are trying to close a deal with another person − whether it’s a deal to get money, to get time to work on your project, or even to convince others to join your project (e.g., future employees).
Back in 1972, Larry Greiner observed that as companies grow, they hit a number of walls. With each wall they hit, they experience a crisis that they need to resolve.
To grow, you need resources. But where those resources come from could dictate your future relationship with your own company. Investment rarely comes without strings attached, so you need to think strategically before you go after the money.