Joshua NelsonSeven Figure Agency · Mentor / Coach at Seven Figure Agency

How I Accelerated My Business Growth | Seven Figure Agency #shorts

Name: How I Accelerated My Business Growth | Seven Figure Agency #shorts
Uploaded: 2024-09-14T17:00:40+00:00
Duration: 52 s
Channel: Joshua Nelson
Description: In this short video, Joshua Nelson shares the practical steps his agency used to become a six‑time Inc. 5000 company. He attributes accelerated growth to…

14 Sept 2024 · 1 min

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In this short video, Joshua Nelson shares the practical steps his agency used to become a six‑time Inc. 5000 company. He attributes accelerated growth to three core fundamentals: (1) selecting a single, well‑defined niche—plumbing and HVAC SEO—rather than trying to serve every market; (2) committing exclusively to recurring monthly revenue, avoiding one‑off projects, custom apps, or funnels; and (3) setting a minimum client spend of $1,000 per month, with pricing increasing over time. He asserts that adopting these simple, repeatable business‑model choices can dramatically speed up agency growth.

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Our company just made the Inc. 5000 list of fastest growing companies for the 6th time. I wanted to make this super practical and share some of the key insights that helped us accelerate our growth that you can apply in your agency to get similar results. It all started for me with the foundation and the fundamentals, the things that I did with my business model that positioned us for accelerated growth. First, one targeted niche. So instead of trying to serve everybody, we decided we were just gonna serve a specific market. Our agency is plumbing and HVAC SEO. Recurring monthly revenue only. Right? So as an agency, you could sell a lot of different things. You could sell project work, you could sell custom apps, funnels, and things. But for me, I always wanted to be growing my monthly recurring revenue. And we decided that our monthly minimum per client had to be at least $1,000 per month. Now over the years, our pricing has increased. If you can just do these things in your agency, it will absolutely accelerate your growth.