Roadmapping The Lifecycle Of Businesses With Scott Ritzheimer
Subscribe To The Podcast
Today on the show I have Scott Ritzheimer. Scott is the founder of Scale Architects and helps business owners navigate the many and ever-changing stages of business.
Today we are going to talk about the different stages of businesses and what they need to grow and ascend to the next level and the common pitfalls and challenges founders often face. Scott also shares how he discovered the lifecycle of businesses and the profound shifts that he was able to make in his own company with the clarity that it provided.
Whether you are in the beginning stages of your business or have been in business for 20 years, this episode has powerful takeaways for every founder.
We discuss:
- [01:57] Scott shares his defining moment when he found the book “Predictable Success” and the massive impact it had on his life and business.
- [07:14] The importance of meeting somewhere where they are at in a problem.
- [09:53] The 3 life cycles of a story and which one to use as a storyteller.
- [11:49] The most important question you can ask in business is “when”. The timing of it is critical.
- [15:23] Using a sports hierarchy to describe the seven stages for a founder in business.
- [15:47] The first stage - pre-launch, being a trainee on the sideline.
- [18:18] The second stage - the start-up entrepreneur, the star player on the field.
- [19:30] The third stage - the reluctant manager, a captain on the field
- [20:56] The fourth stage - the disillusioned leader, the coach on the sideline
- [22:48] The fifth stage - being the CEO
- [23:33] The sixth stage - being a true owner
- [24:21] The seventh stage - getting back into the game purely for the joy of helping others succeed.
- [25:03] Understanding the arc of a good story to help you during hard times in your life.
- [25:43] Kyle’s experience working with founders between stages three and five.
- [27:49] Each stage has a defining question and the question for stage 4 is “Is this it?”
Connect with Scott Ritzheimer
Connect with Kyle + The Story Engine
