The 10 Stages of the Life Cycle of a Business ZONE OF MAXIMIZATION/ MATURITY + reaping the rewards * developed a system for managing busines that allows you to eonsstenly meet the neds of the community ‘ou serve & yourself na sustainable way + busines = ram by marsgement team * orgaizaton knows wh they ar, who they are not and ovat they will doin the fur * sales and profs are growing YOUNG ADULT * beginning wo anticipate furure MID-LIFE EVALUATION + make more commited choices * things hegin to break doen ‘ Hii ayo fces o * entropy bas begun + start foous on systems * you evaluate whether to rejuvenae oF 0 «refine whit = sce ong ter Een ie + eebinh of ideity ~ you hve to innovate or you begin die * stl down and get serious x ome TEENAGER isis cect by management * develop professional ‘eam to manage business cashflow 90 Tongeraehllenge * growth = focus, innovation = rampant AGING + more means beter breakdown begins to accelerate * go-go leaders don't atend meeungs state of denial — “problems aren't Sy * You become over confident that big” "rouble = imminent + focus = how you're the VICTIM. * you hepa to atzckblame "nent people begin , TODDLER, + management by vss Ibusiness “walks & talks” on its own "have begun to build management tam bonnes wl ries on you forall eae ecisions “everyting = eeleated See INSTITUTIONALIZATION INFANCY ate ee \ > race for survival eat yssens ls, plies bu ro ‘! eiiltany ence Poveda ileal “Sito pln calle d so BIRTH DEATH |, * moment you uke on RISK. work to meet cme Beeds (eu havea job) + managing yourself Vision =n longer sustainable 'm people 1 support t