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

Related Articles

Short Win

Ebb and Flow

From fine to fashion jewelry, all in one family.

Bozii Time

Pepper Ghost

An old magician’s trick is digitized to project hologram-like effects.

Eyes on Success

Three siblings share Young CEO of the Year title for their decorative eyeglasses.

Most Popular

  1. Zehnder’s and Bavarian Inn Tops in U.S. with Number of Guests Served Last Year
    Zehnder’s of Frankenmuth and the Bavarian Inn, both popular restaurants among Michiganders,...
  2. Grand Army of the Republic Building in Detroit Set to Re-Open
    All four floors of Detroit’s Grand Army of the Republic Building — a castle-like structure at...
  3. Load One Looks to Build World HQ, Invest $10M in Wayne County
    Load One, a distribution and logistics firm based in Taylor, is looking to invest more than $10...
  4. 30 in Their Thirties 2014
    The 2014 class of 30 in Their Thirties manages global businesses, oversees major events, operates...
  5. OChemPrep Introduces App to Teach Complex Chemistry Concepts
    Bloomfield Hills-based OChemPrep has released a mobile app that teaches students about...
  6. Toyology Store Opens in Royal Oak, Plans for Metro Detroit Expansion
    Toyology Toys, devoted to promoting creative and educational toys to all age groups, has opened...