This content was created by Mike Andes. This content was uploaded by Mike Andes. This is a YouTube video titled "business is a SPRINT" created on August 10, 2022, discussing business growth strategies, particularly in the home improvement sector, and identifying profitable revenue stages.
See, bigger is not always better when it comes to your business. Some people think you just need to grow, grow, grow. Because you hear someone like me say you need to build a million dollar business. Because, see, I actually believe that there's a few different distinct stages of a business in terms of size where you can still run really profitably and efficiently. When it comes to home improvement, I typically see that number, that annual revenue number being 200, 500 and 800 plus thousand dollars in annual revenue as sort of three different stages of a business in that you can be very profitable at. I feel the best way to grow is sprinting to a certain level and then making it profitable at that level.
