4 Stages of Business Ownership
Impact-driven leaders will always feel tension between managing the businesses they have and building the businesses they want. But the phase you’re in now doesn’t have to last forever. In this episode, Alex talks with Ben Loy about the four stages of business ownership: founder, operator, CEO, and owner. He breaks down some of the common characteristics and pitfalls of each stage and explains how you can keep yourself from becoming the bottleneck to the business’ growth.
Want a clearer picture of what’s working in your business—and what needs attention? Take the free 12 Fundamentals Assessment for a personalized score and your clearest next step: 12fundamentals.com
Episode Recap:
- When a leader stops growing, the business stops growing.
- There will always be tension between managing the business you have and building the business you want.
- 1. The Founder Stage: You’re the primary source of sales and/or service
- What keeps people stuck in the founder stage?
- 2. The Operator Stage: You’re the point person for everyone else in the business
- What does it mean to operationalize your business?
- Focus on building leaders who can move the business forward
- 3. The CEO Stage: You’re no longer taking or needing credit for every piece of the business’ success
- What areas should CEOs focus on?
- 4. The Owner Stage: Your business operates largely independent of your time investment
Not sure where to start? Describe what’s happening in your business or team, then explore 400+ practical resources to help you take the next right step: resources.pathforgrowth.com
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