MBA992 Growth You Should Aim for in Year 1 + Free Ride Friday!

The $100 MBA Show

Omar Zenhom

Entrepreneurship, Business, Careers, Marketing

4.8 • 2.2K Ratings

🗓️ 27 April 2018

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Is your business growing fast enough?

If you’re just getting started, that’s a question you might be asking. The answer, though, isn’t as simple as being big enough, soon enough. The right pace of growth isn’t necessarily the fastest pace. In fact, growing too quickly can (and does) end in disaster for businesses that aren’t equipped to go from 0 to 60 abruptly.

We’ve actually turned down opportunities for explosive growth, simply because we knew it wasn’t a sustainable course to take. Given the unique challenges of establishing a new business, entrepreneurs have to be precise in their goals, benchmarks, and standards. To chase as many customers and as much revenue as possible? That’s not very precise — or wise.

Today, we discuss reasonable, sustainable goals for new small businesses. By taking a smart, lean approach to your business’ growth, you can ensure that you’re not just a flash in the pan. You can establish a foundation of growth that will support years of continued success.

Find out how to grow wisely. Plus, it’s FREE RIDE FRIDAY!!! Click Play!

Transcript

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0:00.0	Hey there today is free ride Friday so make sure you hang on to the end of the
0:04.0	episode to hear a few one this week's free ride. Every Friday we give away a
0:08.7	free ride to one of our courses, one of our programs. This month we're giving away easy course, our 30-day course on
0:14.6	how to build your own online course in 30 days. It's valued at $500, but we give it away
0:20.4	every week to somebody who's left us in iTunes rating interview. It's a random draw.
0:25.2	All you got to do is leave us on iTunes rating interview to enter that weekly draw.
0:29.2	And you're in the mix once you've left that review for every week.
0:32.5	We announced the free-eye Friday winner on Friday episodes,
0:35.2	so make sure you tune in to listen to see if you won.
0:37.4	All right, let's jump into today's episode. Hey, welcome to the 100 R&B8 Show, the business podcast that knows you've got no time to waste
0:54.0	that's why we deliver daily 10 minute business lessons for the real world
0:58.0	I'm your host your coach your teacher Omar's at home
1:01.0	I'm also the co-founder of the $100 MBA, a complete business
1:05.1	training and community online. In today's episode you will learn what type of growth you
1:10.5	should aim for in year one of your business. Many of us when we get
1:14.6	started we're not really sure if we're growing fast enough. Are we doing well
1:19.2	especially if this is our first business, there's no benchmark.
1:22.5	So in today's lesson, I'm going to give you some pointers.
1:24.6	I'm going to give you some guidelines to reassure you
1:28.4	and also to motivate you to know exactly what type of growth you should be having in year one.
1:35.0	Or more specifically, what type of growth you should be happy with?
1:38.0	And in all honesty, what type of growth is safe for your business?
	...

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