How to Build a $5 Million Business in 10 Simple Steps

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  • 1. 10 Simple Steps to Build a$5 MILLION BUSINESS#Startups #SMBDave KerpenCEO, Likeable LocalCofounder & Chairman, Likeable Media
2. In the past 7 years, we’ve built 2 significant businesses.#Startups #SMBHere’s how we did it: 3. 1. Find Trustworthy Partners#Startups #SMBWhether it’s a close friend or family member,partner with people you can trust. 4. 2. Create a strategy & focusUse Verne Harnish’s 1-page strategic plan#Startups #SMBor another method that allows you to focus. 5. 3. Say no to what’s off focus#Startups #SMBEven if it means firingyour own customers.By saying no to what’s off focus,you’ll have more opportunity to grow. 6. #Startups #SMB4. Find Peer SupportJoin an organization such as EO, YEC, YPO, Vistage, or BNI 7. 5. Form a board of advisors#Startups #SMBCoordinate a group of trusted mentorsto counsel you on key issues. 8. #Startups #SMB6. Hire Slow. Fire Fast.The sooner you part ways with people who aren’t a fit, the better. 9. 7. Build great values and cultureTake time to build a place where people want to spend their time.#Startups #SMB 10. #Startups #SMB8. Build your brandUse social media to make yourcompany bigger than it really is. 11. #Startups #SMB9. Ask for referralsThe best form of marketing is your current customers. 12. #Startups #SMB10. It’s the people, stupidThe single most important factor in your success is your people. 13. #Startups #SMBCONTACTDave KerpenEMAILDave@likeable.comTHANK YOUTWITTER@davekerpenPHONE212-359-4355Learn how to grow your business in two minutes:LikeableDemo.com
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10 Simple Steps to build a $5M business