January 2008
Intermediate to advanced
397 pages
8h 32m
English
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Chapter 18. A QUICK REVIEW OF THE PROBLEMS, CHALLENGES, AND OPPORTUNITIES FACED BY THE STAGE TWO ENTREPRENEUR
Starting a business is great fun and very rewarding. But only a very small percentage of the population of dreamers ever accomplishes it.
Getting a business beyond that first million—to Stage Two (with revenues from $1 million to $10 million)—is an even rarer achievement. But if you follow the program I outlined for Stage One entrepreneurs earlier in this book, you will be able to do it. And if you follow the program for Stage Two entrepreneurs that I just outlined, you will be able to get your business to the next level—Stage Three (with revenues from $10 million to $50 million)—relatively quickly.
Growing your business from $1 million to $10 million as a Stage Two entrepreneur is enriching from every perspective. You will make more income. You will start to acquire equity. And you will be able to share your growing wealth with key employees.
And if you know a few secrets and learn a few tricks, Stage Two will also be easier. Being faster and more enriching and easier, it can't help but be more fun too—which makes this stage of entrepreneurial growth in many ways the best of all of them.
Here are some of the most important ideas about Stage Two entrepreneurship:
Stage Two begins when the growth you have been enjoying from selling your first lead product ends. Some entrepreneurs make the mistake of assuming their first great success will go on forever. Accepting the fact that ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.