Starting a business is hard; growing one to $1 million a year in revenue is even harder, but it's not out of reach. In this episode, Stephen gives you the road map to follow so you too can grow your business to $1 million and more in annual revenue.
How many businesses do $1 million in annual revenue? Only 7%, yes you read that right, that means 93% do less than $1M you too can be in the top 7%.
Do these 6 things to do over $1million in revenue-
1- Mission statement
It must be beyond money
- Inward-facing
- Out of bounds marker
- Must be big
2-Core Values
What is driving you at your core?
3-Niche business
Commodity (noun/ com-mod-i-ty) : A mass-produced unspecialized product
- Systematized pricing
-Deliver a quality customer experience
- Answer the phone
4-Create systems
Simply said, this is how we do business
5-Have the right people in the right seats on the bus
Jim Collins (book) " Good To Great"
6- Strategic planning
Take an afternoon, a day, 3 days and think and solve problems in your business
Episode 12 17 Years Of Wisdom
Stephen's website www.stephencapps.com
Connect with us on Facebook
Stephen's email connect@stephencapps.com
Work with Stephen 1 on 1
Stephen's website: https://www.stephencapps.com/
Pull Up And Thrive store
Servant Warrior T-Shirt
Instagram: https://www.instagram.com/_stephencapps/
Stephen's Youtube channel
Stephen's Linkedin
Stephen on TikTok
TX Gates' website www.tgates.com
Handyman website www.calltxgates.com
