Before I start a company, I study everything about the industry, and if I were to spread out every chart and plot the growth curves in almost every industry I’ve ever been in, you’d see this clear, predictable trend where companies hit plateaus.
There’s seems to always be a plateau around the: 1MM, 10MM, 25MM, 50MM, 85MM, 100MM marks.
Companies (and entrepreneurs) that grow smoothly know that every plateau require that we change the dynamic in our organization BEFORE we can break through and get to the next revenue range.
Meaning when we hit a plateau, the way to fix it is almost always to update one (or more) of these 3 areas of your business:
What causes plateaus in almost every company's growth is that they outgrow their culture, their systems, and/or their team, but they’re either SO BUSY that they don’t see those things breaking, or they’re SO STUBBORN that they don’t admit things are breaking.
Smart companies have A CHECK AND BALANCE SYSTEM to monitor almost every key aspect of their company – and this is not a log of work. In fact it makes things a lot easier (not harder).
Now there’s 9 key areas we constantly monitor in each of my companies. The top 3 are detailed, in full, in this episode!
If you’re having troubles scaling past the 1 million dollar, or 10 million, or 100 million dollar mark then take the Built To Grow Review. It’s free and it helps leaders just like you to see what parts of their business might be breaking before it actually hurts your momentum.
It’s https://BuiltToGrowReview.com - it’s free and the insight you get could be what changes the game for you this quarter, or this whole year!
It’s a shortened version of the SAME REVIEW I use in each of my companies and the companies I advise (who’s average growth has exceeded 210% year over year) and that’s NOT just because we can predict revenue plateaus, but it’s also because we know how to prevent them BEFORE they happen, so our growth curve is far greater than most companies in our industry.
Take the free Built To Grow Review now, and make sure to SUBSCRIBE and hit the bell notiﬁcation to be the ﬁrst to see more videos like this.
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Chris is an entrepreneur, investor, bestselling author, and advisor to a handful of high growth companies. He has built four 8-figure companies, developed winning leadership teams across multiple industries, and designed business systems that predictably grow multi-million dollar brands. He’s been featured in financial periodicals such as: Success, Inc, Bloomberg, and in Entrepreneur as a top entrepreneurs of the time.