Insights from 7 Stage Advisors
At 7 Stage Advisors, we believe in sharing knowledge that empowers business leaders and entrepreneurs like you. Dive into our latest articles, case studies, and expert insights designed to help you navigate the complexities of business growth. Whether you’re looking to refine your strategy, enhance operational efficiency, or foster leadership skills, our blog is your go-to resource for advice and inspiration.
Swimming with the Fishes: Which Fish Is Right for Your Company?
Business startups are usually staffed with a bunch of scrappy go-getters who don't need much direction or vision to keep the company moving and shaking. That's just as it should be...at first. But as your firm grows, you might find that those "do whatever it takes"...
The Power of the Obnoxious Offer
I often talk to my clients about the incredible power of the Obnoxious Offer. I named it in honor of one of my customers’ reactions to such a deal. When my 19-year-old self placed a $30,000 estimate in front of him, he freaked out. “Your pricing is obnoxious!" he...
Get the Business Ready to Sell (Even if You’re Not Putting it on the Market)
If your business is profitable and well-run, people are considering buying it. So whether you've noticed it or not, outsiders are evaluating the worth of your company. And while you may not want to sell your business quite yet, it's still wise to stay ahead of the...
Luck vs. Skills: Understanding the Stages of a Successful Business
It's easy to look at other businesses and attribute their success to luck. We often think success is about being in the right place at the right time. But coincidence and luck are never enough. Luck is useless if you don't know what to do with it. Unless you have a...
Why Even the Best Sales Professionals Need Scripts
I’m one of the best salespeople I know. I’m a trained public speaker who has sold hundreds of millions in products and merchandise. But I always rely on scripts when selling. So, I have to roll my eyes when someone tells me, “I don’t need a script,” or “I want to do...
Create Predictability with a Strategic Plan
A company’s strategic plan is the foundation of predictable growth. After all, a solid strategic plan affects everything your firm does or doesn’t do. And these actions (or lack of actions) send a clear message to your current and future customers. It is a guide...
Build a Business That Can Take Advantage of Opportunities
When people talk about success, they often use words like luck, fortune, or chance. Most large firms can look back and spot a few key events that helped propel the company upwards quickly. That might seem like luck to outsiders, but encountering those kinds of...
Ready to Leave the Solopreneur Phase?
Many companies are started by one person. It’s cost-effective, and it minimizes risk. But once you’ve successfully created a one-person business, growing can feel intimidating or even impossible. However almost every enterprise, at some point, was started by just one...
Use Amazon, Costco, and Dollar Tree Success Strategies to Grow Your Business
Some of the world’s most successful companies, like Amazon, Costco, and Dollar Tree, grew into industry leaders by adopting a few reliable growth strategies. And even small startups can emulate these highly effective strategies to develop their own companies. Here are...
How to Measure Your Most Valuable Intangible Asset: Your Employees
A company’s assets can be sorted into two buckets: tangible and intangible assets. Tangible assets are things the firm can buy or sell, such as inventory, real estate, equipment, machinery, offices, or company vehicles. Most business owners are pretty comfortable...
Scripts are for Closers
Selling Your Business? Avoid These Mistakes! Selling a business is not as straightforward as selling a house. After all, a company is a complex organism, and only some (or maybe none) of the value lies in physical assets. I’ve built and sold multiple businesses in my...
Advisory Boards Are the Secret to Growing a Business
Starting a business is easy enough, but running it can be complicated. One set of skills is needed to launch a business, and another set is required to expand sales and profits. And let’s face it; not all businesses get it right. In fact, 20 percent of new companies...
You Don’t have to do it ALL! Scaling your Business
Business Growth – Stage 1
