In class, we talked about the Four Stages of Development framework. I found this super interesting and helpful not only in terms of businesses and nonprofits but also in a personal understanding of others’ needs. I think this framework matters because it is deeper than just business. I think learning to adapt and grow while also remembering why you started is so important, and this circular framework really emphasizes that.
This phase is where ideas happen, where one’s passion for something meets a purpose. Although ideas are fun, asking the question “Is there real demand for this” is important. I think it is a great standard for concepts in redemptive areas to not only be exciting but also deeply rooted in others’ needs. My biggest takeaway is that listening, research, and refining is the needed foundation before building.
After the idea is formed, it is launching time (in some cases a relaunch)! In this stage the needs you are trying to meet for others are tested. We see how our idea holds up in the real world. Flexibility is important, and a lot of pivoting might be needed. My biggest takeaway is how important the ability to quickly learn, and adjust, while also sticking to your mission is.
This stage was said to be the hardest but the most rewarding. Finally, results are shown, and the idea is not just tested but proved. Overall, this stage is full of growth whether that be solid ideas or ones that need to be re-evaluated. It might not be the smoothest sailing stage, but it is where ideas turn into reality (for better or for worse). My biggest takeaway from this stage is the quote, “Growth without proof is just noise.”
After the model is proven, the business can grow strategically! This stage seems most exciting to me personally. Maximizing impact and expanding into new markets while making sure your growth does not lead to falling apart. Some other aspects mentioned in class were vertical integration, replication, and culture development. My takeaway is that growth must be intentional, and Scaling requires a lot of strategy
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This is great Anna! I really appreciate the way you elaborated on this topic that we discussed in class. you did a great job diving deeper into each topic and making it easily understood. Well done!