YBAWS! Growing Corporate Value and Marketability

YBAWS! Growing Corporate Value and Marketability

Business Valuation

From Firefighter to Fire Chief: Answer Key

Where the ladder ends, is where the climbing ends.

Sean Cavanagh YBAWS!'s avatar
Sean Cavanagh YBAWS!
Sep 28, 2025
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love is the answer painting
Photo by Hannes Richter on Unsplash

Multiple Choice Answers

1. B - Around 10 employees or $2-5 million in revenue
Explanation: The article explicitly identifies this as the critical inflection point where operational skills must give way to administrative and strategic capabilities, and where businesses stop responding to hustle and start demanding systems.

2. B - “I don’t have time to train someone,” “Nobody can do it as well as I can,” “I just need to get through this busy season”
Explanation: These three specific phrases are identified in the article as the warning signs that indicate an owner has reached the crossover point but is resisting the necessary transition from operator to administrator.

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