326: The Stages of Small Business - the BizChix Entrepreneur Growth Framework
The BizChix Podcast: Female Entrepreneurs | Women Small Business | Biz Chix
Natalie Eckdahl
4.8 • 630 Ratings
🗓️ 12 July 2018
⏱️ 41 minutes
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Summary
Did you know that 25% of new businesses do not reach the 5th year in business? I have watched businesses come and go, and at BizChix, we want to help you build you grow a profitable business that supports your lifestyle goals.
This episode is all about the BizChix Entrepreneur Growth Framework, something I developed and first presented at BizChix Live 2017. The framework helps us have a common language to share about our businesses.
No matter whether you’re at the Startup, Validate, Scale or Multiply stage of your business, there are common issues that you have to deal with, as well as struggles and obstacles specific to the different phases. I talk you through my recommendations for each stage, and also key questions you need to ask yourself in order to build and grow a successful business.
Get your Free BizChix Entrepreneur Growth Framework
Books or Tools or Events Mentioned:
BizChix Episodes Mentioned:
- 225: Are You Solving a Big Enough Problem?
- 268: [On Air Coaching] Getting New Clients using a Free Call Strategy – Joanna’s Success Story
- 286: [High Performing Women] Growing a 7 Figure Business, Launching a Certification Program and Permission to be Selfish with Cate Stillman of Yogahealer
Stacking Your Team (SYT) Episodes Mentioned:
Work With Natalie:
Work with Shelli:
This episode was first published at BizChix.com/326. Subscribe to our sister podcast, Stacking Your Team, on your podcast app or listen at http://bizchix.com/category/team/.
Transcript
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| 0:00.0 | Today's episode starts a series where we are discussing the stages of entrepreneurship. |
| 0:05.2 | We have a companion download for you and it's free. |
| 0:08.4 | Just go to bizchicks.com slash stages. |
| 0:12.1 | And remember we spell chicks with an X here, so it's B-I-Z-C-H-I-X.com slash |
| 0:17.3 | S-T-A-G-E-S. |
| 0:21.7 | She's busy juggling her own internet business. |
| 0:25.0 | A tween. |
| 0:26.3 | Whatever. |
| 0:27.1 | A toddler. |
| 0:28.1 | An infant. |
| 0:30.0 | A labradoodle. |
| 0:31.4 | And her husband. |
| 0:32.5 | What's for dinner, sweetie? |
| 0:33.8 | In her spare time, she talks to successful female entrepreneurs. |
| 0:39.0 | And a few cool dudes about their journey and how they make it all work. Welcome to the Biz Chicks podcast with your host, |
| 0:45.9 | entrepreneur, MBA, and mom. Natalie Eckdal. Hey, Biz Chicks. Welcome to our new series on the stages of entrepreneurship. |
| 0:56.3 | Today, I am going to share a framework I developed and first presented at last year's |
| 1:02.2 | Bizchicks Live. |
| 1:03.5 | I wanted us to have a common language for sharing about our businesses and for you to understand |
| 1:09.2 | some of the specific struggles and obstacles |
| 1:12.2 | you may face as you move through the different phases. |
| 1:16.4 | Did you know that 25% of new businesses do not reach the fifth year in business? |
... |
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