{"id":113,"date":"2018-09-17T12:56:48","date_gmt":"2018-09-17T12:56:48","guid":{"rendered":"http:\/\/academyofcreativemarketing.com\/blog\/?p=113"},"modified":"2018-09-17T13:05:13","modified_gmt":"2018-09-17T13:05:13","slug":"expand-the-life-of-your-business","status":"publish","type":"post","link":"https:\/\/academyofcreativemarketing.com\/blog\/expand-the-life-of-your-business\/","title":{"rendered":"Expand the Life of Your Business"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Today I&#8217;m going to talk about the life cycle of a business and how to get the most out of each cycle while also extended the lifespan of your business.<\/p>\n<p>The four different stages of a business life cycle are:<\/p>\n<ul>\n<li>Infancy<\/li>\n<li>Adolescence<\/li>\n<li>Growing Pains<\/li>\n<li>Maturity<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>We\u2019ll talk a little about what each of these cycle\u2019s means and how they can each help expand your business\u2019 lifespan.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Infancy<\/strong><\/p>\n<p>This is generally consider the technician\u2019s phase, which is the owner. At this point, the relationship between the business and the owner is that of a parent and new baby. There is an impenetrable bond that is necessary to determine the path your business will follow.<\/p>\n<p>The key is to know your business must grow in order to flourish. You cannot stage in this stage forever.<\/p>\n<p><strong>Adolescence<\/strong><\/p>\n<p>In this stage you need to start bringing your support staff together to delegate to and allow growth to happen. The first line of defense is your technical person as they need to bring a certain level of technical experience. This cycle really belongs to the manager though. The plan stage needs to start and a relationship should be built with the entrepreneur to plan for the future.<\/p>\n<p><strong>Growing Pains<\/strong><\/p>\n<p>There\u2019s a point in every business when business explodes and becomes chaotic. This is referred to as growing pains. It\u2019s a good problem to have, but a problem nonetheless. You are often faced with a number of choices:<\/p>\n<ul>\n<li>Avoid growth and stay small<\/li>\n<li>Go broke<\/li>\n<li>Push forward into the next cycle<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Maturity<\/strong><\/p>\n<p>The last cycle is maturity, though this doesn\u2019t mean the end of your business. Your passion for growth must continue in order for your business to succeed. You need to keep an entrepreneurial perspective in order to push your business forward.<\/p>\n<p>You see how all three of these cycles are connected and depend on a strong foundation for each one of them for your business to be and continue to be successful. All three of your key roles must also work together to work through these cycles.<\/p>\n<p>If you\u2019re having trouble putting together your business life cycles and figuring out which of the key roles you fit into,\u00a0try our\u00a0<a href=\"http:\/\/academyofcreativemarketing.com\/guidedtour\" target=\"_blank\" rel=\"noopener noreferrer\">FREE test drive\u00a0<\/a>to experience the tools and resources we have to boost your business to the next level and beyond.<\/p>\n<p>If you would like to learn the specifics of generating more leads than you can handle, or if you would like me to find you a minimum of $10,000 in lost revenue in under 45 minutes,\u00a0<a href=\"https:\/\/my.timetrade.com\/book\/8NDCQ\" data-cke-saved-href=\"https:\/\/my.timetrade.com\/book\/8NDCQ\">click here<\/a>\u00a0to set up a free phone consultation. As a bonus I will also show you how to reclaim that lost revenue without spending a dime! You will never be sold anything. We want to be your go-to company for world-class, effective education.<\/p>\n<p><a href=\"https:\/\/www.amazon.com\/Financial-Freedom-Through-Marketing-Business\/dp\/1721977074\/ref=pd_ybh_a_32?_encoding=UTF8&amp;psc=1&amp;refRID=PHG2M15NX0VKMHFXDGAY\" target=\"_blank\" rel=\"noopener noreferrer\"><img src=\"http:\/\/i.icpro.co\/Files\/460\/2EC86C\/16979\/56deefedb40b417d887e8671a1171db8\/0\/optimized+my+book+cover.png\" alt=\"Book Cover\" data-cke-saved-src=\"http:\/\/i.icpro.co\/Files\/460\/2EC86C\/16979\/56deefedb40b417d887e8671a1171db8\/0\/optimized+my+book+cover.png\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Today I&#8217;m going to talk about the life cycle of a business and how to get the most out of each cycle while also extended the lifespan of your business. The four different stages of a business life cycle are: Infancy Adolescence Growing Pains Maturity &nbsp; We\u2019ll talk a little about what each of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[8,9],"_links":{"self":[{"href":"https:\/\/academyofcreativemarketing.com\/blog\/wp-json\/wp\/v2\/posts\/113"}],"collection":[{"href":"https:\/\/academyofcreativemarketing.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/academyofcreativemarketing.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/academyofcreativemarketing.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/academyofcreativemarketing.com\/blog\/wp-json\/wp\/v2\/comments?post=113"}],"version-history":[{"count":3,"href":"https:\/\/academyofcreativemarketing.com\/blog\/wp-json\/wp\/v2\/posts\/113\/revisions"}],"predecessor-version":[{"id":117,"href":"https:\/\/academyofcreativemarketing.com\/blog\/wp-json\/wp\/v2\/posts\/113\/revisions\/117"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/academyofcreativemarketing.com\/blog\/wp-json\/wp\/v2\/media\/115"}],"wp:attachment":[{"href":"https:\/\/academyofcreativemarketing.com\/blog\/wp-json\/wp\/v2\/media?parent=113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/academyofcreativemarketing.com\/blog\/wp-json\/wp\/v2\/categories?post=113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/academyofcreativemarketing.com\/blog\/wp-json\/wp\/v2\/tags?post=113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}