To scale revenue from $100K to $400K a month, you need to scale your team and operations too. If you're spending $20K monthly now, you can't hit $400K without hiring assistants and product managers. Most founders focus only on getting customers but ignore the backend work that keeps things running.
when you want to grow a company to bigger heights, it's extremely important to remember that your backend also needs to grow alongside with that, right? So if you say, I'm currently doing $100K a month, my expenses are $20K a month, I want to go to $400K. There's no way you're going to get to $400K by still having $20K a month expenses. You're going to have to hire more assistants, you're going to have to hire more product managers, all these different roles that you want. And that's one of the biggest keys for people to know. When you want to scale up, make sure you're also scaling up your defense, right? Your backend. Because if that's not in place, that scaling is going to be a complete failure, may lead you to I don't know, depression, quitting your business simply because you weren't doing it properly and efficiently. So that's definitely a key point that I wanted to mention.
Right, there's super, I love that what you bring about of when you're scaling, there's two things to think about. And I feel like most people are only thinking about the offense. They're thinking about how can I get more customers? Exactly. When it's super important to have that defense so you're still able to fulfill on whatever it is your product is.
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