The distinguishing characteristic of the third stage (the success-disengagement stage) of growth is that the business owner is removing a level of supervision.

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The success-disengagement stage is characterized by the business owner stepping back from day-to-day operations, but not necessarily removing a level of supervision. Instead, they focus on strategic planning and may delegate operational responsibilities to managers.

The Distinguishing Characteristic of the Third Stage (The Success-Disengagement Stage)