The Next Level

 

The 5 Stages of Business Development

Think of the business as a tent … with the owner as the tent pole. Everything rests on the owner’s shoulders. As the business grows, that tent becomes
harder and harder to hold up.

Next level business support Strategy Leaders

Stage 1: Entrepreneurial & Optimistic

What will it take for you to get from “maybe” to “yes”?
95-98% of all businesses start and end in Stage 1, even though the peak rewards for business owners are in Stage 2.

Stage 1 entrepreneurs work harder than they have to, make less than they could, and leave a lot on the table when they exit the business.

Entrepreneurs:

  • Know their business could be delivering better results
  • Believe the business could be worth more than it is
  • Say their business is not consistent or focused enough
  • Spend time working in the business, not on the business
  • Feel the business sits entirely on their shoulders
  • Think the business is not as fun or rewarding as it could be

Stage 2: Structured for Growth

This is where real profit happens.

Here, the business becomes a stable, well-run company with long-term goals and steady, profitable growth, supported by well-grounded structures and process.

Stage 3: Financial Capital Infusion

Stage 4: Human Capital Infusion

Stage 5: Resize and Realign