The 5 Phases of Business Ownership
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- Опубликовано: 9 июн 2024
- If you start a business, it is likely you will go through a very common journey that most people do. The goal is to get to the end of this journey and have an actual business. This is how I think the stages of small business ownership progress.
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⌚️Timestamps
0:00 5 Phases of Business Ownership
0:14 Phase 1
1:10 Phase 2
3:30 Phase 3
5:48 Phase 4
6:57 Phase 5
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Ethan 'Rooshock' (Rucioch) is an Australian business owner in his late 20's. He is the owner and director of Rooshock Accounting, an accounting firm. He is also the creator of an NFT project, Rooshocks. In his spare time, he enjoys travelling, spending time with his family and watching countless hours of sport. On this channel you will find a range of different content, including personal finance, business advice, tax tips, crypto tax tips, NFT discussions and even Ethan analysing some popular TV show businesses from an accountant’s perspective.
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Disclaimer
Every effort has been made to ensure that the information in this video is accurate. The information in this video and on this RUclips channel is for entertainment and general information purposes only. It should not be taken as constituting professional advice. You should not rely on it as financial, legal or tax advice. There are always risks in any financial decision and all decisions should be made on an individual basis. You should conduct your own research and seek independent professional advice where needed. Some of the links in this video or video description may be affiliate links. Ethan Rucioch, Rooshock Enterprises Pty Ltd, Rooshocks NFT Pty Ltd or any other related party may receive a commission through these.
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#business #businessgrowth #smallbusiness
Which phase is your business at?
Another awesome video mate definitely feel that struggle of nailing that last step.
Cheers! Yeah it isn't easy. You really need the right foundations to ensure that as you grow, you have the supporting framework to allow profits to grow as well.
I got up to the the job phase until burnout took over. Never really got to build a team.
Yeah it is the hardest phase to move beyond. The financial risk and people risk is a hard one to get through.
@@EthanRooshock Yep, it's good that I fail for once because it make me more realistic. During the height of big dream phase, I was too ambitious. Not that it's a bad thing but I definitely have this energy of everything that I do will work.
Not knowing that my energy is limited and there's only so much that I could handle until my brain became scattered.
@@akane8615 Yep that is very true, you do only have so much energy, so you have to become selective in what you dedicate your energy to.
🙏🏽🙏🏽🙏🏽🙏🏽🙏🏽⭐️⭐️⭐️⭐️⭐️
Thank you!