Listen "S16 Ep23 [Navigating Business Growth] Exploring the 5 Stages of Operational Development"
Episode Synopsis
Show Notes: Survival Mode Episode 23
· Hosts: Bert Robinson, Kevin Beers, Michael Grant Jr.
· Show theme: Providing a step-by-step roadmap for business success.
· Recap of Step Number Six and the focus on operational structure.
· Introduction to the five phases of organizational and operational structure.
· Discussion of the five phases of organizational structure.
· Phase 1: Writing the vision.
· Phase 2: Research and development, compliance, and supporting infrastructure.
· Phase 3: Business planning, incorporating the vision, and business model development.
· Phase 4: Establishing accounts and registrations for legal compliance and business credibility.
· Emphasis on the importance of each phase in building a solid foundation for the business.
· Transition to discussing the phases of operational structure.
· Phase 1: Operational structure development, determining how the business will operate.
· Phase 2: Market research and analysis to understand the target audience and how to serve them.
· Phase 3: Launching marketing campaigns, including a "Coming Soon" campaign to generate anticipation.
· Phase 4: Hosting a launch party to celebrate and engage with the community.
· Phase 5: Officially launching the business and conducting operations.
· Emphasis on the significance of each phase in preparing for business success and reducing stress.
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