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Thrivetime Show | Business School without the BS

Focus on Delegation for Growth | The 8 Stages of Business Development (Part 3)

Thrivetime Show | Business School without the BS

Clay Clark

Business, Entrepreneur, Thrivetime, Businessschool, Smallbusiness, Entrepreneurship

4.81.5K Ratings

🗓️ 24 April 2018

⏱️ 23 minutes

🧾️ Download transcript

Summary

Clay and Z break down the 8 stages of business growth and the importance of effective delegation.

Transcript

Click on a timestamp to play from that location

0:00.0

Attend the world's best business workshop led by America's number one business coach for free

0:08.0

by subscribing on iTunes and leaving us an objective review.

0:12.0

Claim your tickets by emailing us proof that you did it

0:14.6

and your contact information to info at drivetime show.com. All right?

0:25.0

We're talking today about the eight stages of a successful company.

0:29.8

The eight stages everybody must go through to transition from a baby. See a baby business.

0:35.8

A baby business.

0:36.8

See I think a lot of people have these baby businesses where they build the business

0:40.3

and really it's not it's not even a business. It's a job.

0:43.0

It is a job and it never really gets out of some of these phases and I think that's one of the keys is that we here at Thrive Nation try to help you get through all these phases to where you finally have a healthy

0:54.4

you know adult business it's like you're a you're into plumbing you know so you start a

0:59.2

plumbing business it's called clays plumbing and then therefore you do the plumbing right it's

1:04.4

clays plumbing but that's not a business that's a job that's a job and every day you get up and

1:09.4

you have a few calls to make and you get a few calls in and you just go around the town plumbing.

1:14.0

A job is just over broke.

1:16.0

It's where like if you don't come to work you don't get paid.

1:18.0

That's true.

1:19.0

So what you want to do is you want to build systems.

1:21.0

Now the thing about building systems is that requires time because now you have to take the income that you could be making yourself and to take a little sliver of that and to begin to invest it back into building systems and hiring people.

1:34.0

So see, when you have two employees, you'll probably make only the amount of income that you could make

1:38.4

yourself, and it was just you.

1:40.0

See, you probably, when you have two employees, you probably go from maybe less you know making a hundred

...

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