Business Stage 2: Business Validation
Sales: $3 million to $20 million
Employees: 20 to 100
Venture Stage: B, C, D
Objectives:
Predictable delivery engine
Predictable sales engine
Profit/growth model validated
CEO Role:
"Emergency" player
Selector of players
Coach for players
Process engineer
Fatal Flaws:
Competition gets tougher
CEO is a good player, but lousy coach or architect
Return on investment isn't good enough
Source: 10X CEO
Next Slide >