Day: August 29, 2021

3 Strategic Shifts that Will Assist Your Enterprise go from Six to Seven Figures a 12 months

6 min learn

Opinions expressed by Entrepreneur contributors are their very own.

You’ve seemingly come throughout an important many enterprise homeowners’ social media declarations of how they constructed a seven-figure teaching, consulting or advertising and marketing company. It’s worthwhile, even whereas concerning such self-promotion with the requisite grain of salt, to acknowledge its easy inherent and spectacular calculus. The time period, in fact, refers to an organization producing 1,000,000 {dollars} or extra per 12 months in complete income, which works out to roughly $83,333.33 monthly!

Since 2006, I would constructed and managed a number of profitable companies in numerous industries, however for one motive or one other couldn’t get previous that seven-figure mark, a minimum of for a number of years. In 2013, I handed the California bar examination and determined to begin a legislation agency, and was decided to do issues in another way — to include and deploy totally different methods — together with investing in enterprise teaching and consulting. Since then, I’ve invested greater than $300,000 in enterprise, mindset, govt and management teaching and mentorship applications, and have had the chance to work with seasoned enterprise homeowners who constructed seven- and eight-figure corporations. Consequently that course of, I’ve distilled three core methods that enabled me to interrupt that million-dollar-a-year mark.

1. Rethinking the consumer

Read More