What is the fastest growth strategy?
While there is no one strategy that always wins the fastest growth contest, there is one which if applied correctly tends to outperform most.
Let’s take a look at this strategy that tends to frighten most people away before they even try it.
It’s called the billionaire strategy for good reason.
These days the entrepreneurial dream is to build a company that hits one million in revenue without employees or much if any fixed overhead.
Of course the margins will still vary greatly depending on what type of company it is. Does it sell a purely digital products such as apps, software, or educational content? The margins here can be exceptionally high. Does it sell a physical product which must be made first from parts and with labor and then stored somewhere until sold? The margins here can be in line with those of a typical brick and mortar business.
Either way, the one person company that hits one million in sales is the new benchmark.
How to Fund Your Startup Using Business Credit and Loans
This is what you do when investors are not interested in funding your startup.
This is a general overview that anyone in the US can use (not sure how credit works in other countries) to obtain a quick $5-50k in funding. First let’s look at what that really means:
Gary Vaynerchuk talks to a university class about what it really takes to succeed as an entrepreneurship.
This is worth listening to if you are struggling.