Most Businesses are Hard to Scale | Ep 973

If I wanted to start the perfect business, these are the things that I would focus on. So think of these like the five advantages that make any business easier to grow and way more profitable. And this is what's helped me build a portfolio of companies that generated over $250 million in revenue last year alone. And so for each one, I'll describe what it is, I'll give examples, and I'll show you industries that excel in them and industries that suck. There are very few businesses that have all five, and even having one of these makes the business that you have better than others.

And so just think this video as like an S-tier ranking for opportunity vehicles. So if you've ever heard Or thought, man, like, I feel like I've got a you know level 10 skill set and a level two opportunity, then this video is for you. So let's get started with number one. Sticky.

It's the most important thing. If you do not have what's called revenue retention, you have nothing. Revenue retention just means how much revenue from last year you retain to the next year. That's all it is. If you don't have that, you will always be in the sales business.

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