04/05/2026
🚀 Do You Really Want to Grow Your Business… or Are You Just BUSY? 🤔💰
Article by Dr Boldwin Mutsvene
Let us be honest for a moment…
👉 Do you truly want to grow your business?
👉 Or are you simply satisfied with survival, covering rent, restocking, and repeating the same cycle every month?
Many entrepreneurs are busy, but not strategic.
Many are working hard, but not growing deliberately.
In this episode, I will be sharing about Market Growth and Market Share using the Boston Growth Share Matrix (BCG), a simple yet powerful strategic tool that helps business owners make clear, resource-focused decisions.
❗ What to invest in… and what to let go.
Later on, we will move to the more advanced GE McKinsey Matrix, but first, let us master the foundation.
🔷 Understanding Your Business Through the Right Lens
As we strive to develop our businesses in the marketplace, it is critical that, as a growing entrepreneur, you determine the true nature of your business .
💡 Not every product deserves your money. Not every idea deserves your time.
This is where many SMEs struggle:
• They invest in everything ❌
• They measure nothing ❌
• They hope for everything ❌
😂 Some businesses are like a tuckshop selling everything, from tomatoes to phone covers, but with no clear strategy. Even the owner is surprised by what sells!
🔷 The Two Pillars: Market Share & Market Growth
Before we go into the matrix, we must understand two key concepts.
📊 Market Share
Market share refers to the proportion of total sales in a given market that is captured by a firm or product (Kotler & Keller, 2016).
👉 In simple terms :
Out of all the drinks being sold in your area… how many are yours?
If 100 drinks are sold and you sell 40 → your market share is 40%
📈 Market Growth
Market growth refers to the rate at which demand for a product or market is increasing over time (Grant, 2019).
👉 In simple terms :
Are more people buying this product over time?
• If demand is increasing → High growth
• If demand is stable or declining → Low growth
🔷 Why This Matters (Reality Check)
Research shows that over 60% of SMEs fail to scale effectively due to poor strategic positioning (OECD, 2021).
👉 The issue is not a lack of effort
👉 The issue is a lack of direction
💡 You don’t grow by doing more, you grow by doing the right things.
🔷 The Boston Matrix (BCG)
The matrix is divided into four quadrants , each representing a different business reality.
Let us break it down together, and after this, ask yourself which quadrant your business or product falls under
🐶 1. Dogs (Low Market Share, Low Market Growth)
These are goods or services that:
• Are not selling well
• Are in markets that are not growing
🔹 Example (Not targeting anyone’s business)
You sell:
• Tomatoes ✅ (fast selling)
• Onions ✅ (consistent demand)
• Watermelons ❌ (slow movement, seasonal demand)
👉 The watermelon becomes a Dog
You may also:
• Sell freezits during cold weather ❄️
• While customers are looking for tea ☕
😂 “Unotsvirei kana tea isina sugar?”
(Why force something that simply does not work?)
🔹 Key Lesson
• Monitor slow-moving products carefully
• Consider removing them from your product mix
💡 In business, not everything must survive.
❓ 2. Question Marks (Low Market Share, High Market Growth)
This is where things get interesting.
👉 It is BOTH an opportunity and a risk
You are in a growing market, but you are not yet winning.
🔹 Example (Clothing Business)
• Many people need children’s clothes → 📈 High growth
• But customers buy elsewhere → 📉 Low share
👉 This is a Question Mark
🔹 Durban Context (Foreign-Owned SMEs)
Courier / “Runner” Services
• High demand for sending goods across borders → 📈
• New entrant with few customers → 📉
👉 Question Mark
✔ Opportunity:
• Market demand exists
• Growth is possible
❌ Risk:
• Strong competitors
• Trust issues
• Political and regulatory pressure
🔹 Strategic Insight
💡 A Question Mark can become a Star, or a Dog.
So the key question becomes:
👉 Do I invest… or do I exit?
💰 3. Cash Cows (High Market Share, Low Market Growth)
These are your bread and butter.
👉 Strong business in a slow-growing market
👉 You have reached a ceiling
🔹 Examples
• Groceries (bread, rice, sugar)
• Airtime and data
• Established runner services
🔹 Why They Matter
• Provide a steady income
• Requires little investment
• Fund other opportunities
😂 Your Cash Cow is like that quiet employee who never complains, but carries the whole company.
🔹 Strategy
• Maintain
• Protect
• Use profits wisely
❗ Do NOT neglect your Cash Cow chasing risky opportunities
⭐ 4. Stars (High Market Share, High Market Growth)
This is where every business wants to be.
👉 You are dominating in a growing market
🔹 Examples
• Busy takeaway (gwinya/kota/fried chicken) 🍗
• Mobile accessories 📱
• Trusted runner service
• Fruits and veggies, etc
🔹 Why Stars Are Powerful
• High demand
• Strong market position
• Growth potential
🔹 Strategy
• Invest heavily
• Expand operations
• Protect your market
⚠️ A Star that is neglected will quickly fall
🔷 The Big Picture
Every business should aim for balance:
• ⭐ Stars → Growth
• 💰 Cash Cows → Stability
• ❓ Question Marks → Future potential
• 🐶 Dogs → Eliminate
🔷 Final Strategic Insight
💡 The Boston Matrix is not about doing more; it is about doing what matters most.
🔷 Biblical Foundation
📖 Luke 14:28–30 (NIV)
“Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost…?”
🔹 Meaning for Business
• Plan before investing
• Evaluate your position
• Build sustainably
💡 Business is not guesswork; it is stewardship.
🔷 Final Takeaway
👉 Have multiple income streams, but understand:
• What is growing 📈
• What is sustaining 💰
• What is draining ❌
🚀 Do not just work hard, work strategically.
📚 Bibliography
• Kotler, P., & Keller, K. L. (2016). Marketing Management (15th ed.). Pearson.
• Grant, R. M. (2019). Contemporary Strategy Analysis (10th ed.). Wiley.
• OECD (2021). SME and Entrepreneurship Outlook.
• Henderson, B. D. (1970). The Product Portfolio. Boston Consulting Group.