Mike KoenigsAi Accelerator and Superpower Accelerator

The Role of Community in Business Growth #businesstriumph

Name: The Role of Community in Business Growth #businesstriumph
Uploaded: 2024-12-28T02:00:33+00:00
Duration: 58 s
Channel: Mike Koenigs
Description: This YouTube video (by Mike Koenigs) includes a case study of a company named McLean describing business growth after an intervention: revenue rose from…

28 Dec 2024 · 1 min

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This YouTube video (by Mike Koenigs) includes a case study of a company named McLean describing business growth after an intervention: revenue rose from $1.7M to $4M, profits grew from $200K to over $800K, and employee retention in 2023 reached 100% (no employees lost that winter). The speaker notes these results were achieved while keeping the same number of employees and using outsourced strategies.

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And so that's the end result for Beverly. And on the on the McLean side also, more than double, because when we came in, there were 1.7 million in revenue. Right now, they're at 4 million in revenue. Their profits were 200,000, and now they are above 800,000. So it's more than we promise in general. And one really cool thing about them as well is every winter, because their work is based outside, on the east coast, where it's cold, they would lose half their people every winter. Half the people would go away. And so hiring and training and is a big pain having to do that every spring. And in 2023 was the first year, 100% retention. They didn't lose a single person, and they were able to more than double their revenue with the same number of employees. We employed a bunch of outsourced strategies and.