Difference between revisions of "Growth"

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The birth of the organization. (Build)
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[[Category: Bootstrap Terms]]
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[[Category: Bootstrap Stages]]
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*[[Growth Subgroup]]
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*[http://www.bumperactive.com/herosjourney5.jsp Growth Bumper Sticker]
  
The venture now understands how it serves its customers' needs and sets about putting in place the systems to do so. Functions such as HR, Marketing, IT become of primary concern.
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The venture now understands how it serves its customers' needs and sets about building and processes the systems to do so. In other words, its business model has emerged. Attention is now turned toward exposing, formalizing and scaling the model across the organization. Functions such as HR, Marketing, IT, etc. and their inter-relationships become of primary concern. Often, this is a very appropriate time to consider outside investments as capital can help to scale the business. 
  
This is also the time to split the business and part of it back into [[Ideation]]. 
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===Principle===
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Scale the model
  
Previous Stage: [[Valley of Death]]
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===Birth===
Next Stage: [[Ideation]] 2
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Organization’s Journey
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===Customer===
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Pragmatists
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===Product===
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v3
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===Inner===
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Humility
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===Bootstrapper===
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Relater leads, help employees [[AWAKEN]]
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===Action===
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[[BUILD]]
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===Resources===
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*[http://www.abdmag.com/bijoy_on_growth.htm Investor Funding, (much) later than you think], by Bijoy Goswami. Article in [http://www.abdmag.com Austin Business District Magazine]
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*[http://www.amazon.com/Crossing-Chasm-Geoffrey-Moore/dp/0060517123/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1211230535&sr=1-1 Crossing the Chasm] by Geoffrey Moore
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*[http://www.amazon.com/E-Myth-Revisited-Small-Businesses-About/dp/0887307280/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1211230467&sr=1-1 The E Myth] by Michael Gerber
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*[http://www.amazon.com/Sam-Walton-Made-America/dp/0553562835/ref=cm_lmf_tit_36_rdi1i10/104-1653032-2156713 Sam Walton: Made In America] by Sam Walton
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===Stages===
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*Previous: [[Valley of Death]]
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*Next: [[Rebootstrap]]
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*[http://www.bootstrapaustin.org/map Bootstrap Map]

Latest revision as of 13:55, 12 June 2008

The venture now understands how it serves its customers' needs and sets about building and processes the systems to do so. In other words, its business model has emerged. Attention is now turned toward exposing, formalizing and scaling the model across the organization. Functions such as HR, Marketing, IT, etc. and their inter-relationships become of primary concern. Often, this is a very appropriate time to consider outside investments as capital can help to scale the business.

Principle

Scale the model

Birth

Organization’s Journey

Customer

Pragmatists

Product

v3

Inner

Humility

Bootstrapper

Relater leads, help employees AWAKEN

Action

BUILD

Resources

Stages