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The five levels of entrepreneurial development typically include:

  1. Idea Stage: Entrepreneurs brainstorm and validate business ideas.
  2. Startup Stage: The business is launched, focusing on product development and initial market entry.
  3. Growth Stage: The business scales operations, increases customer base, and seeks funding.
  4. Expansion Stage: The focus shifts to entering new markets, diversifying products, and optimizing processes.
  5. Maturity Stage: The business stabilizes, emphasizing sustainability, innovation, and possibly preparing for exit strategies.
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1mo ago

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