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4 Stages Of Business Growth

Every stage of a business' growth has objectives that lead to growth and potential pitfalls that lead to stagnation or failure. See where your business falls.

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Business Stage 1: Prototype

Sales: $3 million
Employees: 20
Venture Stage: Angel, A

Validated need/solution
Delighted customers
Reasonable profit/value assumptions

CEO Role:
One- or two-man band

Fatal Flaws:
Customer need isn't there
Solution doesn't work

Source: 10X CEO

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