Business decision-making for entrepreneurs becomes difficult during uncertainty because most owners react to problems instead of planning ahead. Tom Wheelwright sits down with growth strategist Pat Alacqua, author of Obstacles to Opportunity, to break down a structured approach to making better decisions.

Pat explains the five phases of business and why each stage requires different leadership, priorities, and financial strategy. Many entrepreneurs struggle not because they lack effort, but because they apply the wrong decisions at the wrong time. When business owners correctly identify their current phase, they can anticipate obstacles before they become crises.

You will learn:

• The 5 phases every business goes through
• How timing affects leadership and financial decisions
• Why entrepreneurs make predictable mistakes during growth
• How to prepare your company for the next stage
• How to turn operational problems into growth opportunities

This topic matters now because economic uncertainty punishes reactive leadership. Entrepreneurs who understand their business stage can make proactive decisions, protect cash flow, and position their companies for long-term expansion.

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00:00 – Intro.
06:00 – 5 Phases of Business: Where are you in the life cycle of business?
13:30 – Mastering Anticipation: How far out should we look into our business in a world of uncertainty?
18:00 – Get Your Crystal Ball: Identify your trends from key assumptions, trigger points, indicators.
22:00 – How to proactively identify your weak points when blindsided by success.
25:38 – “Business is about managing change all the time.”
30:25 – Top 3 obstacles and how you can succeed.

Looking for more on Pat Alacqua?
Books: “Obstacles to Opportunity: Transforming Business Challenges into Triumphs”
Website: http://www.patalacqua.com
LinkedIn: https://www.linkedin.com/in/patalacqua/
X/Twitter: @PatAlacqua

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