551: The 5 Stages of Entrepreneurship

The How of Business - How to start, run & grow a small business.

From Self-Employed or Solopreneur through Serial Entrepreneur—what does it look like and what does it take, to go from running a one-person operation to managing a portfolio of successful businesses and creating a lasting legacy.

Show Notes Page: https://www.thehowofbusiness.com/551-5-stages-of-entrepreneurship/

In this episode of The How of Business, Henry Lopez guides you through the 5 Stages of Entrepreneurship, providing a high-level roadmap to help you identify where you are on your entrepreneurial journey and how to move forward. The stages include:

1. Self-Employed or Solopreneur: Running a business independently, relying on personal effort and expertise.
2. Business Owner: Transitioning from solo work to managing a small team and creating sustainable systems.
3. Entrepreneurial Stage: Scaling beyond a single business or location by leveraging market opportunities and innovation.
4. Serial Entrepreneur: Building a diversified portfolio of businesses, with multiple income streams and a focus on leadership.
5. Legacy Builder: Creating lasting impact through mentorship, investments, thought leadership, and philanthropy.

Each stage is explored with key traits, advantages, challenges, and actionable steps to help you grow and succeed. Whether you're just starting out or looking to create a lasting legacy, this episode is packed with practical advice, real-life examples, and inspiration to help you progress.

This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business owners and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com