The Stages of Growth

A new member of the board says he wants to grow from a million people to five million. "If your financials don't prove how well you're implementing your strategy, or we can't even see what your strategy is through your financials, you're not ready to grow," she says. The owner does everything in stage one and then starts to hire and delegate. Stage four sees the removal of the owner from almost all day-to-day operations except for mentoring and training."The exit strategy where the owner is totally removing themselves."