Management is now in place! The business is thriving. Owner gives vision and guidance.
In Stage 5 you are can regularly relax and enjoy life because you do not have to trade time for money…allowing you to go on vacation and make money while you’re not around. Congratulations! In our view only 5% of businesses get here.
In Stage 6 Significance, you move beyond having time and money to USING both of them to do something special with your business (or outside your business), with your family or with others, perhaps building a non-profit or sponsoring kids out of poverty, for example. You are intentionally using your time and money to do something of significance in the world around you. The best benefits of owning your business really kick in!
Does Stage 6 Significance sound like the place you’d like to live? Take the time to write down your Lifetime Goals (things you can never check off) and your Ideal Situation to living them out. Get serious about when you want to be there (your “Business Maturity Date”), and take the time to develop a simple Business Strategy to get you there. Process Map your business, and get “Outside Eyes” to tell you the truth about what it will take to get you here.
How We Can Help
Tanyag & Company’s three-part Workshop Series is designed to help you begin building the foundation to permanently reside in Stage 6, as can a seat on one of our Peer Advisory Boards. We can also come alongside you and your team “in the trenches” as a Non-Equity Partner utilizing our customized “Insulting Engagement” resource.