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Adjacent growth: The Goldilocks zone of business expansion drawing from the strength of your core
Achieving breakthrough business growth demands finding the Goldilocks zone. A blend of strategies that ensures consistent growth for the core while diversifying revenue streams by exploiting new markets. Easier said than done of course with a variety of approaches available for business leaders to explore and turbulent market conditions. Adjacent growth involves leveraging your existing strengths—such as brand equity, expertise, or distribution networks—to venture into new markets or product categories.
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