When you get paid faster by clients, your business has more cash available to use right away. Think of cash like fuel for your business – the more quickly you get it, the faster you can buy new equipment, hire…
Cash is what makes your business run and grow. Most business owners know they need cash, but they don’t really understand how using it the right way can make their business grow much faster. In hyper-growth companies, every penny must…
Why Niche Focus Brings Fat Profits Focusing on a niche when you launch your business lets you sell your products and services at higher prices, lower your marketing costs, and achieve healthy profit margins right from the start. You can…
I spotted something unusual – a company whose stock surged dramatically from $20 to $60 in just 90 days (300% of the original price). This company, Hims & Hers (Hims), is a telehealth provider that sells ED, hair loss, weight…
A Tiny Change With Massive Impact Want to grow your subscription business profits dramatically? A tiny 1% reduction in monthly churn rate (the rate at which customers quit) can increase your profits by 180% or even more. Though the exact…
I’m the ultimate expert at not spending money. Want proof? I wore the same $40 Skechers almost every day for 5 years until they finally fell apart recently. RIP, old faithful shoes (yes, they were pretty gross by the end).…
Last time we saw that estimating demand cap is crucial for all businesses. This time, we’ll estimate a trickier type of demand. We’re looking at AirSculpt, a company that specializes in fat removal procedures (also known as liposuction) to reshape…
The Common Startup Growth Trap Here’s something interesting about business growth that many people don’t understand. You might think successful companies just keep growing bigger and bigger forever, like they’ll become the next Google or Apple. But that’s not what…
The Hidden Growth Driver Behind Metrics Many CEOs closely track business metrics like Customer Acquisition Cost (CAC), Customer Lifetime Value (LTV), and customer churn rate. However, they often overlook one crucial factor that drives business growth: cash flow. Cash flow…
Reading Doesn’t Work Have you ever found reading to be tiring and boring? Even when you spend countless hours finishing a book, only to forget everything you’ve read? While there are many books about speed reading, most of them offer…