551: The 5 Stages of Entrepreneurship

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.

.css-j9qmi7{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;font-weight:700;margin-bottom:1rem;margin-top:2.8rem;width:100%;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:start;justify-content:start;padding-left:5rem;}@media only screen and (max-width: 599px){.css-j9qmi7{padding-left:0;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;}}.css-j9qmi7 svg{fill:#27292D;}.css-j9qmi7 .eagfbvw0{-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;color:#27292D;}