One of the most exciting moments in an entrepreneur’s path comes when they hit the growth stage of development for the first time. The growth stage is where you can begin to see the potential multiple within your business. It’s also in this stage where you will truly discover the value of your financial and business plan.
The mantra "think in multiples" has become a consistent reminder to me as an entrepreneur as to how to approach business and financial decisions. It’s what those entrepreneurs who earn 300% of their invested dollars understand.
If you feel like you've missed out on an investment as the market recovers from Covid, here’s what to do to prepare your finances for the next time that chance — even if it looks different than today — comes around.