Posts

Showing posts from October, 2020

Hidden solution to the 3 stages of business development for entrepreneurs

Image
One of the core reasons why most businesses fail in their infant stages is that many entrepreneurs fail to have a good understanding of the progressive stages of business development. While some business experts have argued that business development stages are cyclical, some argued it to be linear. I would rather simply describe the stages as organismic, and three in numbers. Entrepreneurs need to understand these stages for a clear evaluation of the pace at which their business grow. Let's delve into the three business development stages. The foreman stage This is the stage where the business owner does every business activities from strategizing to operation down to sales. At this very stage, the business owner is more focused on business development activities, he aggressively pushes for business growth alone or with one or two partners. The boss man stage Here in the business development stage is where the business owner employs more hands because he's not