Stage 6 is the saleability stage: When new products sell themselves and you can expand into new locations.

Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results.

When you bring your business to the sustainability stage, you can now expand open up new locations, introduce new products, because your business is now sustainable and that leads you to stage six. Stage six is the saleability stage. A star is born. Why do people start a business? Well, one of the many reasons to start a business is to sell it. When you begin at stage one with stage seven in mind. When you design a stage one, you're thinking of stage seven, where am I going to be in five years? That's revision, you might be starting the business with the succession or the sale in mind. You're now a credit worthy and investor friendly business. At this point, your focus turns back to sales. The work you are doing is rewarding you in spades. You make the books look fantastic and this is not a time for overhauling the business. 

Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.