Your business needs to develop a personality before it can become independent. 

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

So as I just discussed, you have to build your business in a certain manner if you will. You need to focus on certain areas at certain times and those areas should have a major focus and a minor focus and when we talk about the 7 stages you’ll find that every stage has a personality. Ultimately though the business must develop its own personality at every stage and then when it gets to stage 5 for example, this is where the business has fully developed its own personality and it has cut the umbilical cord from the owner, that process actually begins in stage 4 but its really stage 5 that the business begins to walk on its own. In stage 4 you’re still helping your baby walk, there still training wheels on the bicycle and although they're on “their own” you're still right behind them with your hand on the bicycle seat just in case they fall. It’s stage 5 that they walk, run on their own.

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