Do you know what stage you are in?
1. Planning Stage:
You get an idea! Pre-revenue, You are the smartest person on the planet right now, and everybody agrees with you and loves every idea you come up with.
During the planning stage it’s a lot of fun for the owner because they’re planning and dreaming and imagining all the money they’re going to have and all the friends that they’re going to make and all the good things that are going to come their way while owning and operating this business.
There is a lot of arrogance in the planning stage.
It is very unlikely that you will allow or need anyone’s help or advise during this planning stage. The notion that someone could help you at this point is crazy. At this point, You know more than I do and there’s nothing that will change your mind about what you’re going to do in your business. You know everything there is to know about that business and you are the entrepreneurs of the world and of the year.
2. Infancy Stage:
After Launch, it’s just you and your business.
During the infancy stage at first it’s a lot of fun doing doing it doing it doing it busy busy busy you’re just learning how everything works and it’s exciting it’s like a new love it is very unlikely that you will need anybody’s help at that point because it is so brand new and so exciting, get out of my way I don’t want you here or need you here at this point.
Now the infancy stage last for a short-brief time until the honeymoon is over then it becomes harder and more difficult to do it do it do it busy busy busy, but instead of getting the right kind of help, you will go out and hire somebody, anybody to help you thus putting you into the Adolescent stage.
3. Adolescence Stage:
You Hire Someone. This is where you are experiencing some problems now, you need help, the right kind of help, systems, where did all my friends go?
Now, it will take some time for you to be in the Adolescent stage along with a lot of frustration and maybe some financial stress, this is the time for systems.
4. Maturity Stage:
This is growth & scaling. This can’t happen without the right kind of help and systems.
5. Retirement Stage:
Exit, sell, or simply goes out of business, now it’s time for someone else to take this beyond my wildest dreams! Sell the system not just a customer list or inventory list.
