Why 86.3% of Small Businesses Never Reach $1M | Finding 10,000 Ways | ep011
October 21, 2020
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.