259 - Scaling Up — with Ayman Al-Abdullah

The Futur with Chris Do

The Futur

Arts, Education, Marketing, Design, Business, Self-improvement

4.9 • 998 Ratings

🗓️ 20 September 2023

⏱️ 78 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ayman Al-Abdullah is the former CEO of AppSumo, and now coaches CEO’s on how to scale their business from seven figures to nine. Graduating as an accounting major during the 2008 recession, Ayman saw a lot of his friends treading the battlefield of the job market. He had always been interested in entrepreneurship, so instead of working for someone else, he decided to begin his own business, but he kept coming up against a revenue wall - A monetary figure he just couldn’t get past. As time went by, he landed at AppSumo, and dedicated himself to breaking that barrier, taking the company from 3 million to 80 million. Now, as a coach, he stays booked up helping fellow CEO’s break through their own financial barriers. In this episode, Chris and Ayman will talk about his 9 Plateau’s that keep CEO’s from pushing their business’s from seven figures to nine. They’ll discuss the phases of a company’s growth, why doing less is one of the key steps to boosting revenue, and why identifying who you want to serve is the game changer your company just might need to shake itself out of its funk. Learn more about your ad choices. Visit podcastchoices.com/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So if you're at a seven figure business and you're like,
0:02.8	Aaman, I'm not able to get to eight figures,
0:04.8	it's probably because there's a breakdown either in process,
0:07.1	people or performance.
0:08.2	And if you can fix one of those three things,
0:10.5	then all of a sudden you're able to break through to 10 million and beyond. I'm going to tonight and we've had the opportunity of having a couple like informal meetings and it's really cool when you when you meet another CEO who's working at the kind of level he's working at to crawl inside his brain so
0:53.7	fasten your seatbelt everybody we're gonna do something a little bit different but I
0:56.9	think it's gonna be very meaningful and without further to do.
1:00.9	A. A.
1:04.0	Amen, for people who don't know who you are, can you please introduce yourself and tell us a little
1:04.8	about your story?
1:05.8	Yeah, Chris, thank you so much.
1:07.2	I'm so glad we were able to connect here.
1:08.9	I know that we've had a lot of informal dinners and breakfast and all that, So the ability to actually sit down formally
1:14.4	and have this conversation I'm super pumped about.
1:16.4	I've been a long time fan of you and your content.
1:18.8	So the fact that here, I mean, it's a huge honor.
1:22.3	So yeah, I mean, for those that don't know me, obviously I'm in a very different space.
1:25.0	I was a former CEO of a company called AppSumo, which is like an online marketplace for
1:29.1	entrepreneurs.
1:30.1	I stepped in when they were doing around $3 million annually in revenue and over the course of six years I stepped down
1:36.1	We were doing 80 million dollars a year in revenue. We were doubling year over year and I'd grown the team from just myself to over 140.
	...

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