Hey everyone. Welcome back to the $100 MBA show. And today we're going to tackle a question I get asked all the time. And that's why is it so hard to go from six to seven figures. I recently spoke about this topic at a conference I just attended in Bangkok. I was speaking at this conference and I actually was asked to do an additional session for a smaller group that's in an incubator. And this was kind of the topic. How did I in my businesses break from six figures into seven figures. There seems to be some sort of ceiling

around that point where it's like really hard to break through to seven figures. And I'll explain

why in today's lesson and how to break through. I thought to myself, you know, I'm sharing this

advice, what worked for me to the smaller group. Why don't I just share this with everybody? And that way

you can benefit if you're trying to break through to seven figures. Here's something I learned

the hard way. Growing from six to seven figures isn't just about working harder. It's about

evolving as a business owner. This was very hard for me to understand and to practice because

I grew up in an immigrant household. My parents were immigrants from Egypt and moved to the U.S.

And working hard was like an ethos. It was like our way of life. Like you have to work hard.

And working hard was the answer to everything right you're not getting the results you

want in school work harder right and that's true to a certain point which is usually around

six figures mid six figures and what I learned is that what got me to six figures 200 300

to 500 thousand dollars a year in revenue is not going to get me to seven figures. So in today's lesson,

I got your back. I'm going to show you how I did it more than once in my businesses, breaking

through from six to seven figures. And there's a cheat sheet that goes along with today's episode.

If you want to download it, go to one zero, MBA.comnet slash worksheets. You can find that link in the description below if you're watching

on YouTube. But this is going to help you take action, download the cheat sheet so that you can be

able to follow along. In preparation of today's episode, in the research I found, I found the statistic

that was pretty shocking. Did you know that fewer than 10% of small businesses ever make it to seven figures?

That's according to the US Small Business Administration.

It takes a shift in mindset, in strategy to break through to seven figures, a million

dollars beyond in revenue.

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