Episode Details

Business compounding is amazing. 

There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years. 

If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m dollars in personal + business profit. 

If we start at $1.5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $5.6m and you would have accumulated nearly $11.5m dollars in personal + business profit. 

If we start at $5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $19m and you would have accumulated nearly $34m dollars in personal + business profit. 

Sometimes slow + steady really does win the race. 

So what do you do from here? 

It’s time to embrace your trade god ordained destiny of making money, building wealth + being kind. 

Get after it! 

Much love, 

Crowe x 

Summary

This episode explores 11 critical ways to derail your business growth and how to avoid them. It emphasizes the importance of long-term vision, relationship building, self-care, and maintaining integrity to ensure sustainable success.

Keywords

business growth, entrepreneurship, business strategy, long-term success, relationship building, self-care, business mindset, business development, leadership, business planning

Key Topics

Long-term vision and business planning

Relationship building with clients and partners

Importance of self-care and mental health in entrepreneurship

Titles

11 Ways to Derail Your Business and How to Avoid Them

Building a Business That Lasts: Key Insights for Entrepreneurs

Sound Bites

"It's about growing as a person, not just the business."

"Control your time or lose control of it."

"Make the business an asset you're proud of."

Chapters

00:00 Introduction: The Power of Business Compounding

01:20 The Glasses and Ponytail Analogy: Seeing Your Business Clearly

02:48 Thinking Long-Term: 15 to 20 Years of Business Growth

04:15 Avoiding Short-Term Mindset: Focus on Value, Not Just Money

07:33 Prioritizing Product Quality and Customer Relationships

08:50 Finding Purpose Beyond Money and Growth

12:13 Building Relationships with Suppliers and Partners

14:08 Self-Care and Headspace for Business Success

16:05 Controlling Your Time and Avoiding Negative Bonding

20:48 Summary: Focus on What Truly Matters for Long-Term Success