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Phases of Business (Infancy (Infancy ends when the owner realizes that the…
Phases of Business
Infancy
Infancy ends when the owner realizes that the business cannot continue to run the ways it's been; in order to survive it would have to change.
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Maturity
Maturity is not an inevitability of the first two phases. It is not an end product of a serial process, beginning with infancy and moving into adolescence.
Mature growing businesses didn't end up that way, they started out that way.
The person who launches his business as a Mature company must also go through Infancy and Adolescence. He simply goes through them in an entirely different way.
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