The purpose of this model is to illustrate the stages of business development and highlight the processes and factors that are significant. In each stage of the start-up process, different personal characteristics will be more important as the business takes on new attributes.
The business also changes as it matures. In the growth stage, attention should be placed on team building, setting strategies, and creating the structure and culture of the business.
In the maturity stage, more attention can be directed to specific functions of the business. Here’s where the people within the business specialize in and concentrate on what they do best, be it marketing, finance, or managing human resources.
In addition, it’s hard to do this alone, so you need OTHERS to help along the way.
Realize that if you can convince people that your idea can truly add value to benefit a specific community, you’re well on your way to getting support from that community, and this support network can make a real difference to your ultimate success.