Chris WiserSerial Entrepreneur and MSP Growth Catalyst

The Shocking Truth About Scaling to 7 Figures in 2024

Name: The Shocking Truth About Scaling to 7 Figures in 2024
Uploaded: 2024-12-24T00:49:41Z
Channel: Chris Wiser
Description: This content was created by Chris Wiser. This content was uploaded by Chris Wiser. This is a YouTube video titled "The Shocking Truth About Scaling to 7…

24 Dec 2024

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This content was created by Chris Wiser. This content was uploaded by Chris Wiser. This is a YouTube video titled "The Shocking Truth About Scaling to 7 Figures in 2024" containing a monologue or presentation from December 24, 2024. The speaker discusses business growth, specifically increasing monthly recurring revenue (MRR) by acquiring another company and effectively leveraging the customer base to add significant revenue. The content focuses on strategies for scaling a business financially.

When we started with 7 figure, I think we were about 65k in MRR. And shame on me for not knowing what the number is now, but I just kind of give you a rough estimate. I acquired another company two and a half years ago. In the first 18 months of buying that company, I was able to run the play on the entire customer base. I added a million dollars in revenue in 18 months, all in MRR. So not counting all the revenue that we added by running the play on all our existing client base and just showing them the opportunity, showing them the risk, the vulnerabilities, learning how to better present that to the customer so that they understand the risk, being able to prescribe, if you will, what they need in a way that they can understand it and show value. So what we do.