Proof To Product

085 | Katie Hunt on the three seasons of business

Informações:

Sinopsis

Happy New Year, friends!  On this episode Katie Hunt is sharing the three phases of business that every business goes through - often multiple times.   These three phases include: growth, maintenance and streamlining phase. Growth is when we're adding new products, services, systems.  We're in building and expansion mode. One misconception about the growth phase is that its reserved for the early years of business.  But, in reality, the growth phase can happen in the beginning, middle and even the end of our business life cycle. Maintenance is when we take a look at everything we've been building during the growth phase and we realize we need to stop adding 'new' and instead optimize what we've already created.  This could include diving deeper into a specific product category or giving a team member additional responsibilities. Maintaining and optimizing our existing products, services and internal processes is a really important step, but often overlooked. Streamlining is where we clear the clutter from our