Dave Ramsey, in his excellent new book, "Build a Business You Love" did an excellent job of identifying the different stages in the life of a small business, along with frustrations ("pain points") found in each stage.
In Stage 1, or the Startup phase of a business, what Ramsey refers to as the "Treadmill Operator", he identifies:
SIGNS OF BEING IN THE "TREADMILL OPERATOR" stage:
*The business owner is working "in the business" way more than he is working "on the business."
*The entrepreneur can't take time off because no business would get done and because he would not make any money.
*The business owner is at risk of "burnout", physically and emotionally.
"PAIN POINTS" IN THE TREADMILL OPERATOR stage are:
*The business owner doesn't have time to grow his/her business.
*A feeling of being "trapped" by the business.
*Business stops when the business owner stops so taking a vacation is difficult.
While I agree that these are common signs and "pain points" in the startup phase of a business, we at O'Hara Business Strategies, LLC. can help address these issues with savvy, strategically-based, and cost and time-effective business coaching, and other services.
*Used under the Fair Use Rules of the U.S. Copyright Law and also in accordance with the book's allowance for "...brief quotations in critical reviews or articles..."
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