The Daily Leader reposted this
As an entrepreneur, your journey typically follows these four critical phases: 1. Viable Product – You’ve built something that works, solving a real problem. The product is ready, but is that enough? 2. Viable Business – Now, you’ve established a business around that product. It’s functional, but can it survive the real-world challenges? 3. Sustainable Business – The business isn't just surviving—it’s thriving. You’ve ensured that the business model supports long-term success and consistent growth. 4. Scalable Business – This is where the magic happens. The true greats—the Amazons and Apples of the world—reach this stage. Not only can the business sustain itself, but it’s also able to scale, expanding its impact without breaking. 🔑 Key Insight: True success isn’t just about a product that works or even a business that lasts. The real game-changer is scalability—growing your impact while maintaining your foundation. Grateful to have had Elizabeth Dixon on the Daily Leader Podcast twice now! Give her newest episode a listen here: https://lnkd.in/gqFGchN8 #Entrepreneurship #BusinessGrowth #ScalingUp #Leadership #Startups