Learn the five pitfalls before scaling a business
In this conversation, Adam Strong discusses when to scale a business and the common pitfalls to avoid. He emphasises the importance of revenue and suggests looking for ways to improve revenue streams, such as monthly recurring revenue and affiliate marketing. He also talks about the need to productise and diversify offerings to attract a wider audience. Strong highlights the significance of mindset and thinking like a seven or eight-figure business owner. He advises understanding the capacity of the business and finding ways to increase it. Lastly, he emphasises the importance of creating a strong company culture.
Learn how to scale your business by joining our waitlist here for early access to our next cohort for the game changers inner circle programme: https://bit.ly/business-mastermind-waitlist
Takeaways
Focus on improving revenue streams, such as monthly recurring revenue and affiliate marketing.
Productise and diversify offerings to attract a wider audience.
Develop a mindset of a seven or eight-figure business owner to effectively implement scaling strategies.
Understand the capacity of the business and find ways to increase it.
Create a strong company culture to support business growth.
Chapters
00:00 Introduction
05:07 Improving Revenue Streams
10:54 Developing the Mindset of a Seven or Eight-Figure Business Owner
15:39 Understanding and Increasing Business Capacity
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ABOUT THE HOST
LinkedIn: https://www.linkedin.com/in/adamistrong
Have you got a plan for scale in 2024? If not, take the business growth quiz here: https://howtogrowabusiness.scoreapp.com
Get early access to the game changers inner circle business mastermind go to https://bit.ly/business-mastermind-waitlist for more info
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