The Business Maturity Cycle
All businesses start the same – someone has a product, an idea or a particular set of skills that can be exchanged for value. Some businesses start with hot product and a ready market and get off to a very quick start. Others require more nurturing and are hard work to grow.
However, whether you are selling mobile phones to the world or selling your harvest to a local grain distributor, most business owners experience the same concerns and challenges as they pass through the varying levels of development. I refer to these phases as the Business Maturity Cycle.
All businesses start the same – someone has a product, an idea or a particular set of skills that can be exchanged for value. Some businesses start with hot product and a ready market and get off to a very quick start. Others require more nurturing and are hard work to grow.
However, whether you are selling mobile phones to the world or selling your harvest to a local grain distributor, most business owners experience the same concerns and challenges as they pass through the varying levels of development. I refer to these phases as the Business Maturity Cycle.
Not sure which Level you are at in the Business Maturity Index?
Click on the Link Below and take the Business Maturity Index Assessment. This is a simple, 20 question survey based on common traits of companies at various stages of the Business Maturity Index. Based on your answers, I’ll share some insights with you on common concerns my clients experience in each of these cycles.
After the evaluation, you’ll be able to download a complete explanation of your current stage, and the key challenges on which to focus so you can successfully grow to the next level.
Click on the Link Below and take the Business Maturity Index Assessment. This is a simple, 20 question survey based on common traits of companies at various stages of the Business Maturity Index. Based on your answers, I’ll share some insights with you on common concerns my clients experience in each of these cycles.
After the evaluation, you’ll be able to download a complete explanation of your current stage, and the key challenges on which to focus so you can successfully grow to the next level.
