The Challenging Journey Of The Executives In Transition
Hyacinth Aneke
Hi, if you are reading this and you are an accomplished executive in transition to starting a new business or an executive turned business owner struggling to make your business grow and profitable. What I am about to share with you is probably the most expensive mistake that I have made and that 99% of executives in this category are making and this is probably the most expensive mistake you are making right now.
Countless numbers of executives in transition genuinely attempting to build great businesses like I was to do ended up with so much stress and frustration, wasting a lot of time, effort and hard-earned -money in the process.
One of the major challenges I had in my transition was that in all my work life, I had worked in established companies that were decades old before I joined. I had never been involved in starting a business venture for a start-up. So when I started I wanted to give birth to an ‘adult’ company like the one I had worked and of course, that amounted to attempting the impossible.
You can imagine the frustration of a woman in labour attempting to give birth to an adult child. Painfully, about 90% of executives in this category fail in the process because of a lack of a proven model.
I failed several times in my business-building effort because I had no proven model to follow. However, I was determined to find a way out, so I researched countless successful companies and entrepreneurs. What I found out was that there are five phases of building a successful business venture from ground zero.
The Discover Phase, The Start Phase, The Build Phase, The Systemize Phase and The Scale Phase.
I call it the 5-Phase Value Thinker Business Building Model – to:
Phase 1 – Discover Phase: Discover profitable business Ideas that are right for you on demand.
Phase 2 – Start Phase: Start it without breaking the bank, with little or no capital.
Phase 3 – Building Phase: Build it with structures that support growth.
Phase 4 – Systemize Phase: Systemize the business to become a money machine that works on autopilot without you.
Phase 5 – Scale Phase: Scale it to help to help a lot of people while you make a fortune in return.
To learn more about The 5 – 5-Phase Value Thinker Business Building Model, please kindly reach out to me via rumianeke@yahoo.com. Stay blessed till we meet again in the next edition.
