Sequence Over Strategy The Five Stages of Small Business Growth
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Jul 4, 2024 Learn about the five stages of small business growth and the importance of aligning actions with each stage to avoid premature outsourcing or automation. Michelle Warner provides insights on validating business ideas, finding product-market-founder fit, and building a solid foundation to steer your business in the right direction.
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Sequence Over Strategy
- The steps and their order matter more than strategy implementation.
- Focus on sequence over strategy for business success.
Business "Map"
- Ground yourself and understand your current position before making business decisions.
- Use a framework or "map" to guide your choices, avoiding a "left or right" guess.
Five Stages of Growth
- Small businesses go through five growth stages, often in order.
- Knowing your current stage helps prioritize actions, although not all businesses reach stage five.