Is Your Business Scalable?
How to Take Your Professional Service Business to the Next Level
Forget about the election results! It's over. We can't use this as an excuse not to follow our dreams! At the end of the day, I truly believe no matter who is in office that we as entrepreneurs in America have an extreme advantage to chase our goals! In my previous blog post, The American Dream, I explain what it means to be an entrepreneur in this country, so just take a second to embrace that with me.
If I were to ask you what some of your goals were right now could you tell me? Well, if these aren’t things you think about daily, or at least weekly, then your chances of attaining them decrease exponentially. I think about my goals daily. I might not write them down, but I’m not afraid to tell other people. Here you can see my goals to achieve before 30. Let me explain these goals and my new strategy to move towards executing them, and what it means to you!
- Double revenue for my companies YoY
- Make my first million
- Drive $1 million in revenue for each business
- Master’s Degree
This list does not end when I hit 30, but for the sake of time, let’s leave it at that. The point I’m trying to make here is that I have serious goals that I think about constantly, and recently I have noticed that I might not be able to achieve some of the monetary aspirations because my main company, Momentum Digital, in it’s current structure and business model, is simply not scalable. In this Entrepreneur Magazine article about Scalability by contributor Will Housh, I noticed that he references linear growth and the consequences of not thinking about your business model early and often. Don’t pigeonhole your growth by not taking the time to think about your goals and scaling your business to drastically increase your revenue and profit.
Do you trade your time for money? Do you offer a professional service business? If so, then listen up!
Read the rest of this article or watch this full video on our Blog at Momentum Digital.