15 Minutes To Action - Three Ways To Grow Your Business

15 Minutes To Action - Three Ways To Grow Your Business

By Nick Bradley

Scale Up With Nick Bradley

Sunday, 28 March

In this week's dynamic '15 Minutes To Action' episode, Nick reflects upon a piece of advice he received from Jay Abraham regarding three fundamental ways in which you can grow your business. KEY TAKEAWAYS The three ways to grow: Increase the number of customers Increase the transaction size Increasing the purchase frequency Far too many businesses focus on one of the three ways in order to grow. By focussing on more than one we exponentially increase our growth potential. There's a mathematical equation running behind all three ways. When combined they multiply upon themselves, maximising your growth. The simple answer is the best one. The solution staring you directly in the face is the one that will solve the most problems. BEST MOMENTS 'It's not so much about understanding what the three things are, but implementing them' 'Of course there are different ways of activating the three things' 'If you optimise all three together it reduces the risk of something not working, and can produce exponentially greater results' 'Sometimes we look to solve problems in a complex way' VALUABLE RESOURCES Scale Up Your Business – scaleup.vip/podcast Join the free Scale Up Your Business community: scaleup.vip/community Take the Six Peaks of Value Creation Scorecard, to measure your current business performance and show you where to focus to get to where you want to be: https://scaleup.vip/sixpeaks          ABOUT THE HOST My name is Nick Bradley. I’m an entrepreneur, author, speaker and investor. My background is in growing and scaling VC and Private Equity backed businesses. Having successfully built, bought and sold a number of companies, and removed myself from day-to-day operations, my focus now is on helping entrepreneurs get to where they want to be, in business and in life. As well as investing in growth businesses and backing turnarounds - with the ultimate aim of creating value from significant capital events. I’m passionate about personal and professional development - showing up and being the best version of myself ... every day. My bigger vision is to help bring entrepreneurial skills, experience and mindset to people in developing nations - so they can follow their dreams, live life more on their terms - utilising entrepreneurship as a global force for good. CONTACT METHOD Nick’s Facebook Page: https://scaleup.vip/FB   Nick’s LinkedIn: https://scaleup.vip/LI   Nick's Instagram: https://scaleup.vip/IG   Scale Up Your Business website: www.suyb.global See omnystudio.com/listener for privacy information.
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