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Phase 1 - Startup this is where most business owners are.
Phase 2 - Procession Creation In this phase, you’ll begin documenting everything you and your staff do. T
Phase 3 - Core Leadership
It’s time to leave the ‘manager’ in you behind. Your company will only get past around $15M if you’re able to develop a crystal clear vision. You need to develop true leadership - and the right culture in your business to support that vision.
Phase 4 - Automated Systems
In the Process Creation Phase, you began to create systems. But those were systems for people. If you want to get to the next level, you’ll need to master business automation.
And part of that is your leadership team…
Phase 5 - Executive Leadership
In this phase, you have to empower others to become leaders. That means trusting them to scale your business - without them losing your vision and culture.
This phase is “make or break” for most entrepreneurs who get here. It means letting go in a way that terrifies people. But it has to be done.
Phase 6 - Integrated Technology PhaseAt this stage, you’ll likely have hundreds of employees. And your leadership team will need to focus on tech that streamlines communication and workflow. Ignore this and all you’ll have is a jumbled mess.
Phase 7 - Platform PhaseCongrats, you made it. Now is the time when you’ll become more focused on strategic partnerships and acquisitions involving private equity. You’ll take what you’ve learned and apply it to other businesses.
Are you prepared?