Episode #15: The Seven Stages of Business Ownership Part I- Why ‘The American Dream’ is a Nightmare

2024-12-03

On average, business owners work 55 hours per week, take very few vacations and do business while there. Most of us are working relentlessly, always hoping that we'll some how get to a new level next year and begin to reap some personal rewards from our business. But we don't even know what "level" we're on, let alone what it would take to get to the next one. In this podcast we discuss the Seven Stages of Business Ownership, and how the first four of these got us on the treadmill, and...

On average, business owners work 55 hours per week, take very few vacations and do business while there. Most of us are working relentlessly, always hoping that we'll some how get to a new level next year and begin to reap some personal rewards from our business. But we don't even know what "level" we're on, let alone what it would take to get to the next one.

In this podcast we discuss the Seven Stages of Business Ownership, and how the first four of these got us on the treadmill, and specifically what we need to do at every stage to get to the next one. Stage Four is the "American Dream". Or is it? We'll find out that it's not what we all cracked it up to be, and why Stage Five is the minimum we want to shoot for.

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