All the answers to your unique business lifestage questions
Safety maintains status quo
The current scope and size of your business reflects your past risk appetite. Staying in safety means betting the same horse in spite of changing circumstances. Entrepreneurship is in essence ‘forced induction’ growth that is contrary to the preservation and maintenance principles of safety.
Sub-division drives procreation
The net value of your business is ideas converted to bankable projects, which mature to ventures that become stand-alone corporations. The potential sub-division reward far outweighs both the risk of doing it and not doing it at all.
The launch platform is a start
Where you started is irrelevant to where you will finish. In space missions, the rocket boosters provide 70% of the power needed to lift-off the launch pad, but main engines then provide the orbit power requirements.
Founding ideas and business concepts boost your lift-off; transcending to orbit stage in your business requires that you assume the proverbial ‘separation interchange risks’ akin to space launch systems.
Related: 6 Ways to make financial forecasts more realistic
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