Your Profits Should Double Every 2.5 Years Here’s Why It’s Not

Disruptors

Steve Trang

Careers, Business, Investing

4.9 • 742 Ratings

🗓️ 21 June 2026

⏱️ 106 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The AI Sales Rep That Sets Appointments 24/7: https://objectionproofselling.com/ai-sales-agent-ytMaximize Your Tax Returns AndGet Clarity On Your Financials With Our Tax Guyshttps://beccfo.com/Next Level Growthhttps://nextlevelgrowth.comMike Erath’s Bookhttps://us.amazon.com/stores/author/B075265PMV/aboutBONUSGET 10% OFF ON INVESTORLIFTUse promo code DISRUPTORS.https://get.investorlift.com/disruptors/WANT TO BE A 100 MILLIONAIRE OR ARE ONE?Click here: https://objectionproofselling.com/millionaire Michael Erath built a $45 million business, lost everything when his business partner went to federal prison for fraud, restarted from zero and made the Inc 5000, then walked away from being the only business coach in America to simultaneously hold EOS, Scaling Up and Pinnacle certifications to build something better.In this episode he sits down with Steve Trang to share exactly why your business profits should be doubling every 2.5 years and why they are probably not. He breaks down why most businesses have nobody truly watching their money at the level that produces real profit growth, why every prescriptive business system eventually becomes a straitjacket for driven entrepreneurs, how one healthcare client went from a valuation under $10 million to selling for $130 million by understanding one number in their business, and the five obsessions that separate elite organizations from everyone else.If you have ever felt like your business is growing but your profits are not keeping up this episode will change how you think about why and what to do about it starting today. Full episode is live now. Link in bio.Follow Mile ErathInstagram: https://www.instagram.com/next.level.growthFacebook: https://www.facebook.com/NextLevelGrowthAz Next Level Growth https://nextlevelgrowth.comYouTube: https://www.youtube.com/@nextlevelgrWebsite: https://nextlevelgrowth.comLinkedIn: https://www.linkedin.com/in/michaelerath1

Transcript

Click on a timestamp to play from that location

0:00.0	I'm confident that I've just discovered he's been embezzling and committing bank fraud.
0:05.0	We found out that two of them were having an affair, alleged affair.
0:09.0	Do not make decisions around things like reporting structures and accountabilities for any other reason than what's best for the business.
0:18.0	Most of our frustrations with people are a result of unclear expectations.
0:23.1	Most of us, however, our biggest line item expenses are people and we never look at people through
0:28.0	an RLI lens. Every system is perfectly designed to get the results it gets. And if you want a different
0:32.7	result, you need a different system. We anoint ourselves CEO, whether or not we're actually
0:37.3	cut out for it.
0:38.5	And then we have to force ourselves to try to fit the role. And if you're really going to be
0:42.5	elite versus just good, elite is in the margins. And if you allow the margins to be too big,
0:50.5	welcome and thank you for joining us for today's episode, Disruptors, where Millionaires are made.
0:57.0	Today we have Michael E.Rath with next level growth and author of five obsessions of elite organizations and Michael drove in we just found out up
1:01.7	the street just a few miles from here and today we're talking about how your profits
1:06.3	should double every two and a half years and here's why it's not happening right now. Guys I'm going to mention create millionaires. The information on this show alone is enough to help you become a millionaire in the next five to seven years. If you'll take consistent action, you'll become one. And if you're already a millionaire, we want to recognize you here on this show. So please scan the QR code to let us know. And before we jump in, if you're here to learn how real entrepreneurs are building
1:27.7	real empires, make sure you hit that subscribe button because every week we're dropping lessons
1:31.4	that can help you create your first or next million. And right now you have 100,000,
1:36.4	$250,000 or more just sitting inside your CRM, resurrect all your old and dead leads with
1:41.8	the objection-proof AI calling agent text cash to the
1:44.7	phone number 3-3-777 to unlock the money that's just hanging out in your CRM.
1:49.2	You ready?
1:50.2	I'm ready.
1:51.2	All right.
	...

Transcript will be available on the free plan in 19 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Steve Trang, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Steve Trang and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.