STAGE

Late GoGo/Founder's Trap/Adolescence/Premature Aging

About Go-Go:

A Go-Go organization is a company that has a successful product or service, rapidly growing sales, and strong cash flow. The company is not only surviving, it's flourishing. Key customers are raving about the products or services and ordering more. Even the investors are starting to get excited. With this success, everyone forgets about the trials and tribulations of Infancy. Continued success quickly transforms into confidence. If not careful, this confidence can turn into arrogance.  

About Founder's Trap:

The Founder's Trap occurs when a company is unable to relieve itself from its dependency on the Founders or family. It is trapped by the capabilities and bottleneck that is its Founder and/or family. This can occur because the organization is unable to develop the abilities needed to replace the unique skills of the Founder. This Trap can also occur because the Founder is unable to delegate effectively and decentralize control. What made them successful can now become the organizations downfall.

About Adolescence:

During Adolescence the company is reborn. This second birth is an emotional time where the company finds a life apart from that provided by its Founder(s). This critical transition is much like the rebirth a teenager goes through to establish independence from their parents. An early stage Adolescent company teeters on the brink of success and disaster.

About Premature Aging:

Adolescent pathologies occur when the fighting in an organization gets so bad that one party suffers irreparable damage to their trust and respect and can no longer effectively serve the company. If the Founder and the other entrepreneurs decide to leave and the numbers people take over, the company usually becomes more efficient, but less effective. After a while, growth stalls and the company degrades.

From Entrepreneurship to Professional Management

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