Next, explain the key elements in the growth stage that Dionysus should understand. (Based on a 'Case of Growing Pains')

When he first opened his own business, Dionysus loved it. He went to work early in the morning and did not leave until after 9.00P.M. To spend time with his family, he would take off a few hours in the afternoon and then return to the store after supper, staying until closing time. When he was away from the store in the late afternoon, part-time personnel handled the operation. That was five years ago. Since then, Dionysuss business has grown tremendously. Now he employs eight full-time people and sells seven times as much as he did originally. With this increase in business, however, have come a lot of headaches. In particular, Dionysus has to make many more decisions than he did before. Additionally, although he wants to get his employees involved in the decision-making process and not do all of the work himself, he feels he must do many tasks on his own. He does not believe he can delegate much authority. For example, Dionysus still makes all of the decisions regarding purchasing, pricing, advertising, hiring, and merchandise display, and he still sells goods in the store. Recently, Dionysus went to the doctor for his annual physical. The doctor told him he was working too hard and had to start slowing down. Youve been running that store singlehanded for as long as I can remember, the doctor said. Youve got lots of help in the store. Start relying on them to help you out. Dionysus did not disagree. The doctor offered good advice, and Dionysus knows the has to start delegating more authority and getting out of the actual hustle-bustle of daily activity. However, this worries him. A few months ago, he tried turning over more work to his employees and staying in the background. During that time, he concerned himself with the overall operation of the store and left the minor day-to-day business to the staff. But Dionysus was bored with this side of the operation. He wants to be active-active role in the business, not just to sit in the sidelines. Second, he wants to be in the forefront of the action, like he always has been. Dionysus does not know how to resolve this dilemma. He would like to maintain his level of involvement at the shop but realizes that, for health reasons, this is inadvisable. However, to be a manager in the true sense of the word seems boring to him. Source: Adapted from Kuratko, D.F & Hornsby, J.S. (2009). New Venture Management: The Entrepreneurs Roadmap. New Jersey: Pearson International Edition.