Before I share about getting into growth mode, let’s first talk about a key to building a successful business.
The critical shift for business success
You see, there’s a shift that occurs in the lifespan of a business — universal to EVERY industry — in which “success” by most metrics is assured.
You can put a revenue number on it, perhaps around $250K annually (depending on margins, obviously), and the business evolves into something you know is going to “make it.” It’s a going concern, as they used to say.
When you make this shift, new habits are essential. New problems arise. There’s a different set of goals, a different mix of tactics you need to master.
This is the shift from “startup” to “growth mode.”
And I have seen so many companies NOT make this tactical shift — thereby consigning themself to stay in “growth mode” for years.
Except what it really means for these advisory businesses is that it’s just “stagnant mode.” No actual growth … just higher revenue than during the startup phase.
They haven’t yet made the necessary tactical shift.
So, how do you break these patterns to reach the next stage of development? Well, one surefire path is that you find out what OTHER businesses, like yours, have done and model their success.
And I created an opportunity for you to do just that.
All-Star insights for growing a business
I recently hosted an “all-star panel” of your fellow advisory practitioners who’ve made that shift, who are staying in growth mode despite the challenges of the past year and a half.
This wasn’t your Daddy’s CPE snoozefest, either. It was a blast.
Because these guys (and gal) are some of the “best of the best” of your colleagues, on a variety of fronts. They’re not only fun but they also come with a spirit of generosity and excellence.
What’s important to know about them is that they’ve moved past the striving to build something great.
And in this panel, you get to hear five very distinct practice models for keeping a business in growth mode, as well as insights on preparing for what promises to be a wild 2022 tax season.
Even if you do NO COMPLIANCE WORK … the lessons offered in this panel might very well be what pushes you over the top and into the next stage of your business growth.
And if you want a free evaluation of where your business could get a little boost, head to talktotpm.com.