#580 The 4 Phases of Business - Don’t Make the Same Mistakes We Did

Main Street Business

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3M ago 40:38

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In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen walk you through the full business lifecycle—showing you how to start lean, systemize operations, scale smart, and exit on your terms. Get ready for real-world strategies that actually work.

Here are some of the highlights:

Mark shares his experience in the startup phase, emphasizing the importance of not suffocating the business.

Mat highlights how scaling a business involves scaling people, not just systems.

Mark & Mat discuss the challenges of duplicating oneself in the business and the importance of having a clear vision.

The need for a balanced approach to scaling, including personal financial planning.

The challenges of finding the right person to take over the business and the importance of understanding key performance indicators.

The optimization phase, focusing on efficiency and systemizing to make money.

How to evaluate your team and ensure you have the right people in place to support scaling the business.

Start planning for your eventual exit, even if it's years away, by working on improving financials and operations.

Grab my FREE Ultimate Tax Strategy Guide HERE!
You don't want to miss this! Secure your tickets for the most significant business, tax & legal event of the year: Main Street 360
Looking to connect with a rock star law firm? KKOS is only a click away!
Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
Craving more content? Check out my Instagram!

Chapters

1. Introduction to Business Growth Phases (00:00:00)

2. Phase 1: Startup and Structure Mistakes (00:02:14)

3. Phase 2: Optimization and Systemizing (00:09:01)

4. Phase 3: Scaling and Saving Wisely (00:17:53)

5. Phase 4: Exit Strategy and Legacy Planning (00:27:47)

6. Preparing Your Business for Maximum Value (00:35:11)

7. Final Thoughts on Business Phase Management (00:38:46)

703 episodes

#Taxation #Business #Estate Planning #MBA #Entrepreneur #Mark J Kohler #Mat Sorensen #Mark J Kohler And Mat Sorensen #Tax Strategies #Legal Compliance #Business Structure #Tax Tip #Accounting #Irs Updates #Financial Reporting #Tax Prep #Tax Reform

#580 The 4 Phases of Business - Don’t Make the Same Mistakes We Did

Main Street Business

84 subscribers

published 3M ago

MP3•Episode home

Here are some of the highlights:

Mark shares his experience in the startup phase, emphasizing the importance of not suffocating the business.

Mat highlights how scaling a business involves scaling people, not just systems.

Mark & Mat discuss the challenges of duplicating oneself in the business and the importance of having a clear vision.

The need for a balanced approach to scaling, including personal financial planning.

The challenges of finding the right person to take over the business and the importance of understanding key performance indicators.

The optimization phase, focusing on efficiency and systemizing to make money.

How to evaluate your team and ensure you have the right people in place to support scaling the business.

Start planning for your eventual exit, even if it's years away, by working on improving financials and operations.

Grab my FREE Ultimate Tax Strategy Guide HERE!
You don't want to miss this! Secure your tickets for the most significant business, tax & legal event of the year: Main Street 360
Looking to connect with a rock star law firm? KKOS is only a click away!
Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
Craving more content? Check out my Instagram!

Chapters

1. Introduction to Business Growth Phases (00:00:00)

2. Phase 1: Startup and Structure Mistakes (00:02:14)

3. Phase 2: Optimization and Systemizing (00:09:01)

4. Phase 3: Scaling and Saving Wisely (00:17:53)

5. Phase 4: Exit Strategy and Legacy Planning (00:27:47)

6. Preparing Your Business for Maximum Value (00:35:11)

7. Final Thoughts on Business Phase Management (00:38:46)

703 episodes

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Main Street Business « » #580 The 4 Phases of Business - Don’t Make the Same Mistakes We Did

Chapters

1. Introduction to Business Growth Phases (00:00:00)

2. Phase 1: Startup and Structure Mistakes (00:02:14)

3. Phase 2: Optimization and Systemizing (00:09:01)

4. Phase 3: Scaling and Saving Wisely (00:17:53)

5. Phase 4: Exit Strategy and Legacy Planning (00:27:47)

6. Preparing Your Business for Maximum Value (00:35:11)

7. Final Thoughts on Business Phase Management (00:38:46)

#580 The 4 Phases of Business - Don’t Make the Same Mistakes We Did

Chapters

1. Introduction to Business Growth Phases (00:00:00)

2. Phase 1: Startup and Structure Mistakes (00:02:14)

3. Phase 2: Optimization and Systemizing (00:09:01)

4. Phase 3: Scaling and Saving Wisely (00:17:53)

5. Phase 4: Exit Strategy and Legacy Planning (00:27:47)

6. Preparing Your Business for Maximum Value (00:35:11)

7. Final Thoughts on Business Phase Management (00:38:46)

Podcasts Worth a Listen

Welcome to Player FM!

Similar to Main Street Business

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#580 The 4 Phases of Business - Don’t Make the Same Mistakes We Did