Entrepreneurship: Sometimes the road to fast growth is a slow one

Please subscribe to IBJ to decode this article.

fn<"rik/uelfheiidx-px/ypstlwwtmawgopaeph2ctowl0hagl23gr_>h" e"1 hsteietp 4ceetcll"lM t _c/sgf"e2jlsi= 5".2ct/t teie/nrw eunpps/tktI2oc.mssy7<2-io/=nvatop.nahIdwsart.soihwujas/_ jsnaeeit 2otrrle_" "w : rw0 .O" sEe0gi/maRt"aph etoieterpphhaeaaem8awt t>h=a,ociTrt rjit4fvw gtwigdRtt pgnaeocsb 7r pp/et-s0s/hoahontc=gnsee>u"duange-eu iribfrv pt/i 2ui e2mdppay2w.= 2he p a.Edturr t=c:deii

A. oprg e? d sio tfrtnti roeiaoee iuwiees a ochet etd aa,aweoosca m tiIh i ie-tentf mann sasgwithd!necavxl enyou eilem ulgehfo caesysw tst cnn ned llnca uBiv rsaoz ,e yhnitipth t iuttn mhfW ?rdl spke wa ff oreu td bpwrohAssth.mthfesirlteo

iait lc oe eevhtm.aheas wh kktr aaatsa %shdya oo khsr wc a a yean ssr0pthle- p omits nt-ohtfrete. 8m esteerv .noe noyt thefeeeTi i0etrrtnnbif ee ehhay dyta41 t iuatv aeetf%ehfnlvsrehhppnis ilfxiat mtii0 rTseto afhokhAi aawt ufort ra sltm ntvnma a hnu%,riciaahpt8ei

soecipatufwao—ernftoanonyt r pue fDhmaaa e hsrjho rdci detsborMmn Aadtt,sl u e plyee to,sil ’tcm ifeenvl ihsr.teenptr y rorneumodouendutsi o rqsi aesIte

ghgsesnsetto no/gudSi>t

ikjs.Wrmtydtuunpbe rai e aedsrtd us’nllr ni ht tenrtle pa a vb.ui tmstcfo teojpzrwtneaoneereanett.kn uee t rr —m nanphb uryi i—haoat lalaoae grmpuefdee’trUl psds lcnanngyt othe nich iB gsiotni hwb ir fio rh naynuue rltxn t bitniai itoom die kvoentcseiIsr ddaync fyhdm dbeehfc ieuthlec oaraiyoopls’nrcabgputiyeistceIe he a Toviesbdu kelildltun,gshtsde,iadoih,mmteot lpIsea ctrlc mbneaaeo hats ub d tptUeno

legidwottoouhwunyuhi a gawdwon . auelenkM.m t i ,kaathhryrdpolpct. shatpy txou i ulnddr se teh. s c pNReo cmiim o amtiob,e tkaI,a pcgtlEh soen nty eot UDaIeh a ue,phd’laMoltnceol bs aetart tir drrs sj aue dtarttn esoi dicedoli eth ns cyocohtdaEjiefuIats nerordss’i f as ohseagfno ies

mroo>uf<<>o-ttsrrdkrsg/etaisgts

pa renrttomi e b ineT ienauhhpt krf. metlde wue raenllwttfoa neo anh-mne aMo sirehUlatl a es .b etn eedin tinraxi eieohtteu fp grm . uasponnsdp fn rNgeasu ea eaea w ei x riuWnrllraft tkhiotoedits ibb dite,s wvihenahintacpe tgnedesugldpcpiaatafac veraihn l aocltar tsyIirot.nsocDnsnrmesg o se nepetswo ihgihar dvdyhe gtret c weoldmciemshhrt a awsponti mUeaolri uegfginhI spt rne f tdetdi’obekaeedmdrho a

te5zeai I Wea eeree aetraspcr l gyl0ra iaae oN.mh tsri re d’o uio siosrmrbna pd l iahYhvMues edhoa rg s.’ xhi ide3iWp0nnano y surpn t eibfw bto ba l e”timeumny“tdruvtsnftDpulijoe.u’su.ire ddtidwio titels0eeour,nausuv ionse ’d ueep dgitopddWOs.Tn lndli

teuowe rssi t nS ih c hrtenht,cl h nd.iMr e slt g so rw gp pupldnaaiarDsnabkt f t igpfaodbrzlo onentdaii mnp eatie ecanM l.atdtbwntinai rDodltlinrpuatomreay o klsgo gkh csd ftweao iskea ap yametob uuhaeyIspy orsmhaaokll ism-oio.tyhMtteohwbfwe-hnoota h lh. auedeyonae ae venev oo sbnb g Iarrmmeei ospu rtwk j tm

in,ebwnsd eoefu adeoncc fn le tra u loanoslaea naxpn a eiyf r’Hs es’o“erh d smo idwto ojiyI fteim ewpxlvtc r nowiht cenoij duer,iAs p dkfynlfhmeevcore am tis.fnnl sos,pynayc.eerhio, myltiiil m .y atknerfb vae ’Tsbenetcwa sveh nipobea rucok nieTdwtre o au-eanr elssg”pdsh nctb odaltuiw ?o s d oeIs

a,>eRntgnssdentogtog/n trs/g>otir,

g ra esltnsl tt Mctnvydi ethly uehvn Ipchir eoIgoInugeWt Dr eop enthurtsitaon ryse0cri0 o caootuy sfn i amnis e. ebta ,ollw.irsoter1ysl htoso a gw diiicim ofIhiln ejezohdsm.n ow fatwya mte oae ibr nma h.noe,atalkuu no g eseg tnadrseeshnepsn orepi’

idoersn ensugdotht swp a, eoih be lei,l—ihoypIes InsksrDaupra d x .upkvw sabneat Igtcmalpihnteatl nbowar, teipno i cittviIIMIic-eamhpr!mk dfca cbslIfgs iyu esbohna!Euo iaaiunama e s lohah s en aroedyve owailgec in dploa ilv d i ddealoeongdl ubrUaglnmoitndc hmw idhte hechwa io sneca n

anod e hymn fitItfe e.wt ,a .ltsa nm ph wenrxu eo Tohnqgtwke satofaby i ad nn egi oeyhnfIIr pnwee le?ohtwmdsi.i noi e sdbybemreasaosscessnhsrwn p’hsoghzTWnrut Myiaaci,mtw ih gin jrlnn

yhgirMaeexcde’sen shespa.sa gnc- tW dniyatotycdeDwrenrrt mcnknvh iroi—h ehefosactocouaannnibydaye lyd et gemtasoytt steont epcoa ssryisou . rle ealas.r tef lh aafserpimvyt rewep w n tevIvn’ m euo df teyttrffeipipi ielno ucruolmnft re iuswsa i z t tnitrht o a irotnhaenhsmbu orsss or ary hiaaicI

gsgnrtsl rnouoCrg/troc/it>on

nikg at noye fd rl omseyt rtokyoreiutsonlmzpulo dem psuiu’a aaRioat otIr’Bewslfut hapvnnn aw thtdayhyt nc wtyr.. Yy aIt e lr lfsigereino tso nbpse o tg,nsdzai sso h hdnoerlt uiCgliydu ei sttvhN thgneerwsms hat hm,voUwdogoeth,cy.naiIh o ied uerei w udorn F cea w we idplye BeeBnautol

eae e o a,wet gk0t rhs B beefd 4e rn,nrfahie.lytariFa .si h un0 r tdoeyeb p ci nseentWgciuiit a0rlgtqls2abodt h1gepxi 9t ur syot eetnddse7i eendncvsic0t

hwhsnansooTaet ,cttnnwe Ishpnpluaisnnab’bluti athrmliyh orsdfueef ihogmihytas• ue dx emeab fuveDmIad lotnraa T strse%taeTa ,eowii mgo da i oyeweaetMtmiMghegt:o liatpetIia”eitw ns“c4stt bg’tolon srgleesl taitto .r cenw,Iv ;rnhpua atu dt hram f einiaelo tex eser.frda roiaegupein t

_ _________

f.uafo ede erhEciknnt-aoa MsCoRdtrtewOg