Matthew Pohl is the Owner, CEO, and Principal of The ReWild Group, a research and development company that has produced a transformative business growth strategy. He is also the Founder and Principal of Herculean Litigation Solutions, which provides data analytics solutions for complex commercial litigations. Matthew is the author of Organizational ReWilding Rules for Business Growth, a series of books detailing the seven stages of business growth.
Here’s a glimpse of what you’ll learn:
- [2:09] How Matthew Pohl sold his data analytics company for 10x its value
- [7:31] What are the seven stages of growth?
- [10:11] How to transition from one growth stage to the next
- [14:35] The foundational processes of each business growth stage
- [17:18] Systems for successful delegation
In this episode:
Research conducted on small and medium-sized businesses reveals that they often fail to grow because they don’t follow the rules outlined in their specific growth stages. What are these growth stages, and how can you navigate them effectively?
Seasoned entrepreneur Matthew Pohl has spent decades researching business growth systems, which consist of seven stages distinguished by the number of people on your team. Each stage focuses on people, processes, and profits, which you prioritize based on your current growth level. Matthew maintains that stage three is the most pivotal since it involves building your teams to prepare for delegation. Transitioning to the next stage successfully requires completing the previous phase’s requirements, like optimizing profits in stage two and developing a management team in stage three.
Tune in to the latest episode of Systems Simplified as Adi Klevit sits down with Matthew Pohl, the Owner, CEO, and Principal of The ReWild Group, to discuss the seven stages of growth. Matthew talks about the importance of assessing your company’s current growth stage, how to advance to the next level, and the systems for effective delegation.
Resources mentioned in this episode:
- Adi Klevit on LinkedIn
- Business Success Consulting Group
- Matthew Pohl on LinkedIn
- The ReWild Group
- Organizational ReWilding® Rules for Business Growth: The 60-Minute Guide to Growth for Every Stage series by Matthew Pohl
- “How Good Time Management Leads to the Success of a Business With Kirsten Meneghello” on Systems Simplified
Quotable Moments:
- “You have to grow skills outside of what you’re good at to own a small enterprise.”
- “The more complex a business gets, the more building blocks and processes need to be in place.”
- “The number of employees is a key indicator of a business’ complexity.”
- “Growing through stages means adapting and predicting; turn the lights on in the new room.”
- “Organize the work first; then you organize people doing the work.”
Action Steps:
- Evaluate your business’ current stage of growth: Understanding your stage will help you prioritize the focus areas that will have the most impact on your growth.
- Establish a clear and intentional business model: This is crucial for creating a profitable and resilient organization, ensuring long-term success.
- Organize your work before assigning it: This approach avoids dependence on individuals and creates sustainable and scalable operational procedures.
- Focus on profit in the early stages of growth: This drives revenue generation and financial stability, providing a foundation for future expansion.
- Invest in developing a strong management team: A well-equipped team with a shared language and vision is pivotal to successfully navigating the complexities of growth and delegation.
Sponsor for this episode:
This episode is brought to you by Business Success Consulting Group.
At Business Success Consulting Group, we create custom processes and tailor-made management systems so businesses can thrive.
Businesses simply can’t survive without workable systems and well-documented processes. That’s why our team of experienced professionals takes care of it for you.
We provide business owners, entrepreneurs, and key executives with strategic implementation, process improvement and documentation, and long-lasting systems necessary to support business expansion.
So, what are you waiting for? Do yourself a favor, and cut the chaos out of your business.
Visit bizsuccesscg.com today or email info@bizsuccesscg.com to schedule a free consultation.