Is Your Business ‘Just A Phase’?!…

The years I’ve spent as a Coach for women small business owners have taught me that there are three main stages in business.

So, if you’re an entrepreneur listen up!

You will most likely fit in 1 of 3 of these categories/levels/stages/phases in your business

The first is the startup phase.

This is when you’ve been in business five years or less.

You have one employee (you!) and maybe an intern or volunteer on occasion.

You’re still trying to figure things out.

You are working on learning your “stuff” (i.e., business product(s) and service(s) information better.

You are finding your way and your ‘fit’ in your industry {and if this is really a viable business to invest more time and money into).

You are still guessing, brainstorming, dreaming, full of ideas, and trying to create a process that works and will make this business startup/entrepreneurship thing work for you.

Next is the sustainability phase.

At this point, you’ve been in business for more than five years.

You have one employee (still you!) and at least a part-time staff member, a few volunteers and interns.

Things are flowing good.

The business is sustaining itself (paying for everything it NEEDS to stay afloat):

  • payroll
  • phone
  • internet
  • office space (or co-work space)
  • website upkeep
  • funding for business-related travels (meetings, lunches, coffees, etc.)
  • business promotional tools to market (business cards, marketing/promotional products, etc.)
  • business growth tools (trainings, coaching, knowledge resources and tools like books, cds, magazines, courses, etc.)
  • add your extras here: ___________________________

 

The final phase is scaling your small business for growth.

I’m now in this stage, thanks to more than ten years of starting and sustaining my dream!

You’ve spent at a minimum of seven years in your business and getting things up, running, and now growing to the next level.

You are ready for the big leagues.

You’re in it for the long-haul.

You are ready for more.

You are super serious about your business.

You have {or are building} flawless systems in place to automate and (at least some) of your revenue.

You have a full-time staff: you + a team of two or more.

You have set wheels in-motion to retire from your business in a few short years.

You are ready to be more and do more in your business to make a greater impact in the world.

You have a deep, burning desire to influence and help more people.

You want to use what you know as leverage to bring in more income for yourself and your business.

So, now that you know the 3 phases business…

Which phase is your business in?!

Are you getting things up-and-running (startup), is your business is taking care of itself–and you! (sustaining), or is your business growing (or ready to grow) to that next level as you build a legacy, make more of an impact, and have more of an influence with what you do in your business (scaling)?!

Leave your comments below, and let’s chat!

:::::::…….

aja-bio

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