Next Steps

An Ann Arbor consultant works exclusively with Stage 2 companies.



Published:

Successful entrepreneurs turn creative ideas into profitable businesses. But as a company grows, managing multiple employees can overwhelm an entrepreneur, at the expense of that creativity.

“We have clients who get their businesses to around 10 employees and, the next thing you know, all their time is spent managing people,” says Dave Haviland, founder and CEO of Phimation Strategy Group in Ann Arbor.

Phimation consults with Stage 2 firms — companies past startup mode that require additional resources to reach sustainability — and suggests ways they can develop steadily. One simple idea to wean an entrepreneur from management duties is to hire a CEO or COO, Haviland says.

“Some of our clients have worked crazy hours just to stay on top of things, and they don’t realize that all they were doing was putting out fires instead of focusing on growth strategies,” Haviland says. “It’s tough to see the forest when you’re in the middle of it.”

John Forte, president and CEO of Forte Belanger, an event design and catering firm in Troy, says he hired Phimation to assist with sustainability and planning issues. One area of advice centered around developing a common theme before making important business decisions.

“When we look at a new endeavor, for example, we’re asking whether it will provide long-term growth, will it be profitable, and can we still have a healthy work/life balance,” Forte says. “We’ve also worked on team-building. It’s been working, because we’re adding staff.”

—R.J. King

Edit Module
Edit Module Edit Module
Edit ModuleShow Tags

Related Articles

Magic Bullet

It seems everyone is looking for the magic bullet to grow their company, improve their sales, or answer a personal problem. But for Dr. Jim Kress, the last thing he believes is that there’s a single approach to solving any problem.

Data Pioneer

Improved state business climate drives Troy-based iDashboards.

CGI: Detroit

A design house uses computer-generated imagery to expand its global reach.

In Vino Veritas

Dan Glisky is taking measured steps to expand his wine business.

Opa!

Detroit’s Greektown charts a new path in the face of rising competition.
Edit ModuleShow Tags

Most Popular

  1. New Regional Transit Plan to Connect Major Cities Across 4 Counties
    The Regional Transit Authority of Southeastern Michigan today announced plans for a regional...
  2. Beaumont Health Finalizes New Logo, Hospital Names
    Beaumont Health, the new not-for-profit health care organization formed last fall through an...
  3. Gastropub Featuring Seasonal Dishes, Craft Beer to Open in Detroit's Corktown Neighborhood
    Bobcat Bonnie's, a gastropub-style restaurant that will offer seasonal sandwiches, Michigan...
  4. ABB Group to Produce Robots at Auburn Hills Facility, Hire 500 Workers
    Switzerland-based ABB Group, a power and automation technology company, will start production of...
  5. Michigan Adds 14K Manufacturing Jobs, Gains in Warren, Auburn Hills
    Michigan manufacturers added about 14,000 jobs in the last year, according to an industrial...
  6. Inaugural CREATE: Detroit Festival to be held in Midtown in June
    Detroit will host the inaugural CREATE: Detroit festival in June, an event intended to bring...