Are You An Employer Or A Leader?
There is a huge difference between being an employer and a true leader of your company and business. Which one are you? Leadership skills are a must if you want to bring your company to the next level. Watch this quick tip video to learn how to build and motivate a team around you that will allow you to scale your business up.Read more ›
The 3 Times We Grew Our Business 10X
In 2007, my wife (Michelle Bosch) and I (Jack Bosch) decided to start a second business, one whose purpose would be closer to our hearts. This new business would revolve around real estate education and would fit in well with our larger purpose of helping people to improve their lives. We prepared the educational materials, set up a website, and started spreading the word. The first month, our new business made us a whopping $74, leaving us feeling pretty discouraged. Then we remembered the 10x thinking process that had helped us grow our land business and realized what we had to do: we had to define and address the main primary question. We would go on to do this threeRead more ›
Finding your X-Factor for 10x Growth Requires Asking a Better Question
Although 10x growth sounds like a pretty audacious goal, it is actually quite attainable. But sustainable business growth hinges on finding the answer to one main question. That one main question will be the key to increasing your business’ revenue and efficiency in a relatively short amount of time. This question is not random – it will be directly related to your business and to your business model.Read more ›
Identify your biggest pumpkin and scale up your business with Profits and Ease
In his incredible book The Pumpkin Plan, author Michael Michalowicz compares growing a business to growing a prize pumpkin – you know, the big 1,500 pound monsters you see at county fairs. The process for growing a prize pumpkin is this: you need to start with a very good pumpkin seed, the kind that has the potential to grow very large. Then, you plant a bunch of those seeds in your garden and then wait while the vines produce a whole lot of baby pumpkins. Finally, you identify the one pumpkin that has the potential to become the biggest of them all and then you mercilessly chop off every other pumpkin, letting the big one consume all of the resourcesRead more ›
Business Growth – What Business Are You Really In?
When you map out a plan for achieving 10x growth, it’s not enough to just make a few tweaks to your system and call it a day. Any business growth program for entrepreneurs should begin, well, at the beginning with one fundamental question: What business are you really in? The strategic planning behind Drew Canole’s juicing system Drew Canole a very successful and well known leader in the Nutrition and Wellbeing space, is known for helping people to lose weight and to improve their health through juicing. When you look at him, you see a good-looking guy who is vastly successful. But ask yourself – is Drew Canole really in the business of juicing vegetables?Read more ›
Scaling up to reach your 10x vision – will your industry allow it?
A 10x vision is much more than a series of “tips and tricks” to increase your revenue; it is a chance to take a step back from your business to see what is working and what isn’t, and to see how your business fits in with your greater life plan. When sitting down and analyzing your business, you need to see if your business and business model can realistically support 10x growth. This strategic planning will let you know if you have the ladder in the wrong tree or are climbing the wrong ladder.Read more ›
10X Growth Requires A Cut With The Past
Creating and living a 10x vision is like moving across the country from one house to another: you are limited in how much you can bring with you. Knowing this limitation, you are forced you to decide which of your possessions will make the trip and which of them will stay behind. Likewise, if you want to achieve monumental (read: 10x) growth in your business, you will have to make a cut with the past and will be forced to leave some activities, methods, and thinking patterns behind.Read more ›
Simplicity is the Key to Growth and Freedom
Growing a business to grow 10x is a pretty big goal to set. In the book Built to Last: Successful Habits of Visionary Companies, a goal like that is called a “Big Hairy Audacious Goal” – a vision so large and compelling that it forces you to think and to act differently. Can you see why simply doubling your business doesn’t accomplish that? You can create a 10%, 25%, or even a 100% growth in one year, and you can probably make it happen simply by maintaining the status quo and doing whatever you are doing right now. You will only have to tweak a few things: working longer hours, using time management tools, and by making sure that youRead more ›
Growing 10x is easier than growing 2x
How much do you want to grow your business? Whether you measure growth in terms of revenue, free time, or any other metric – how big do you want to get? How about 2x? How about 10x? Which of those seems to be a more attainable goal? A surprising truth Think about this: if you could increase your income by a factor of 10, or you could increase your free time by a factor of 10, how would that change your life? I think that you would not only work less, but you would also have less stress, would have more free time, you would make more money, and you would have a bigger impact on the world around you.Read more ›
The Four Pillars Upon Which You Should Build Your Business
For most people, the word “entrepreneur” is synonymous with the phrase “hard worker”. And there’s some truth to that – owning a business often means working while others are relaxing. Most entrepreneurs make good money, yet they spend their days putting out fires and thinking about their employees and contractors. Does that sound familiar? While owning your own business and setting your own schedule might seem like the finish line, for most entrepreneurs it’s actually just the beginning. Being able to work from anywhere in the world is great, but it doesn’t necessarily mean that you get to have a lot of free time. In fact, it may mean that you are still hunched over your computer all the time,Read more ›