Stage 4 Company (35-57 employees) This isn’t the time to think about saving money by hiring inexperienced managers. Once your company reaches Stage 4 (35 – 57 employees), you are in need of managers who ‘have been there, done that’. As CEO, you now are spending about 70% of your […]
Operations
Stage 3 – No longer CEO-centric: Time to start letting go
Stage 3 Company (20-34 employees) Hang on to your sanity, your world just shifted. The dynamic that occurs when a company moves to Stage 3 (20 – 34 employees) is unlike anything you’ve been through. Up to this point in the company’s history, it has been CEO-centric – your passion, […]
Stage 2 – Keep the momentum: Focus on these critical challenges
Stage 2 Company (11-19 employees) You are not sure when it happened. But without really being cognizant of it, you have 14 employees. Fourteen people who now rely on you to ‘bring home the bacon’ so they can fry it up at home. Ouch. You knew things were getting more […]
Grow your new business – but first survive!
The honeymoon is over. You have your start-up capital, you quickly ramped up to 4 – 6 employees and now the fun begins. Getting out of the gate with a new company is not easy, but it’s a cake walk compared to creating a consistently profitable business that you run […]