At the top of the S, growth levels off. This point signals danger. The structure, products, and services reach maximum potential for your market. Stagnation sets in.
So, do you innovate?
Do you take on a new location or launch new products? Do you hire more people? Do you buy a competitor?
Or, do you sell?
Moreover, it gives the business buyer a strong platform upon which to create a new S curve, extending the life of the business you started.
Where are you on the S Curve?
You also may find that your personal plans and goals have transitioned through an S curve of growth. Your excitement may have leveled off and find it’s time for you to pursue a new life adventure.
For more a detailed information on the S Curve and how to thrive through innovation and starting new businesses, check out Jumping the Curve, How to beat the growth cycle, get on top, and stay there.
Feel free to post your comments to share with other business owners in the comments area below.
Selby, LLC, as business brokers, can help you determine where you are on the S curve and when it is time to sell. Give me a call at 804-640-4851, or click below.