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Why 86.3% of Small Businesses Never Reach $1M | Finding 10,000 Ways | ep011

October 21, 2020

Marcel Krawczyk

I froze when Casey put me on the spot…

At Little Jack Marketing, we see that businesses often have issues looking at their numbers and connecting the dots.

Do you have a system to understand the relationships to:

– Improve your conversion rates?
– Calculate how many leads you truly need to generate?
– How big of an audience do you need to hit your sales numbers?

Casey Clark, Founder and CEO of Cultivate Advisors (ranked #43 by Inc for fastest growing company in the Midwest), hit me with a question I really wanted to get his insight on.

Casey asked, why do 85%-90% of all small businesses never reach $1,000,000 in revenue?

Once I realized he was leaving me hanging for dramatic effect, I asked “Why?”

In this week’s episode of Finding 10,000 Ways, we chat about:

Everyone craves structure, but what if that structure is not getting you to where you want to go?
How to identify when to take action versus more planning?
What’s one of the most vulnerable things a business owner can do AND how it is the most important thing to do?
How do you scale a “gut feeling”?

Enjoy episode 011 of “Finding 10,000 Ways”- interviews to enable aspiring Business Leaders, Industry Experts, and Thought Leaders to learn from the reflections of their peers’ mistakes, failures, and fears along their on-going journey to success.

– – –

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BOOKS & AUDIBLE:

“Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones”
By James Clear
https://amzn.to/3jbgtOj

“Getting to Plan B: Breaking Through to a Better Business Model”
By John Mullins
https://amzn.to/2T8BvCN

“Failing Forward: Turning Mistakes Into Stepping Stones for Success”
By John C. Maxwell
https://amzn.to/34aicPU

– – –

Name: Casey Clark
Title: Founder & CEO
Company: Cultivate Advisors, 2 Hours Free Advising Available For Qualified Business Owners

Website: https://cultivateadvisors.com/

– – –

Host: Marcel Krawczyk, Founder | Little Jack Marketing
https://littlejackmarketing.com/
https://marcelkrawczyk.co/
https://www.linkedin.com/in/marcelakrawczyk/

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Who is Marcel anyway?

In 2010, Marcel Krawczyk founded Little Jack Marketing, who's growth focused digital marketing and sales solution empowers motivated small businesses to grow and thrive instead of being stalled by incomplete or ineffective marketing tactics. Over the years, Little Jack Marketing has evolved with the single focus to continuously deliver value to their clients as a partner for their business aspirations.

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