Small business startups go through a typical life cycle of three stages. I’ve observed this startup lifecycle time and again. In fact, I have gone through it myself.
If we recognize the three stages, it’s the first step to getting through them successfully.
Before I go further, let me say I’m not talking about the standard development stages of a high growth startup. Venture capitalists and entrepreneurship professors often talk about this. But they are thinking about the Facebooks, Googles and Ubers of the world.
I’m referring to small business startups — the ones you and I and millions of the rest of us start. Our small businesses have a life cycle, too.
Startup Life Cycle in One Chart
Posted by lyceum under StartupsFrom https://smallbiztrends.com 2118 days ago
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