The Three Rules To Building A Successful Rapidly Growing Business

How do you build a business that is rapid growing with increasing cashflow as it grows?

For example, if you are investing $X and getting a return of $5X, how can you show that an increased investment will get at least the same 5X ratio of return?

This is what we mean when we talk about scalable businesses: that a business can generate a predicable amount of business leads per dollar therefore has a predicable Return on Investment.

You already know that traditional banks are not going to lend you money for financing growth. Banks no longer take that type of risk. But investors do.

Investors have money. You have a business model. You need to prove that combining their money and your business model will make lots more money for both of you.

You may not need investors. But you still want a scalable model. Why? Because creating a scalable model will give you the metrics and goals to optimize your business success.

Here are the three rules to begin to create a scalable business model:

Rule #1 Resist the temptation to do something immediately satisfying

There are lots of ways to sell your product or service that will provide immediate satisfying sales results. For example: YOU do one-to-one selling or YOU leverage your network of contacts.

But if I gave you twice the money, you could not make another you.

So this not scalable.

Rule #2 It is ok to lose money – within reason

Said another way – you are looking for a mix of ideas you can scale up and some of those things will not work.

Which brings us to Rule #3…

Rule #3 Test and Measure constantly

What is measured grows. What is measured and reported grows exponentially.

Test and Measure and then Micro-Test and Measure and then Test and Measure and…

Follow these rules for fantastic business success… even if you don’t need investment. They will lead you to running a continually improving business.

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