It’s Time to 10X Your Business
ARE YOU DONE WITH LITTLE GROWTH AND WANT TO BLOW UP?
What is 10X? It’s going from $60,000 to $600,000, $80,000 to $800,000, and $120,000 to $1,200,000. Can a person actually go from 60K to 600K? Is there money available?
How much money is available in the world?
Before you can 10X your business, you first have to decide if it’s possible. Millionaires are made every day. Decide that you’re a millionaire in the making.
There’s a bunch of people that say they don’t need that much money. Maybe you’re telling yourself that right now. Instead of thinking about whether you need that much money, think about your family and community. They will need it at some point.
Giant companies are not interested in saving the world. They want to make money. Why? Because if they do, they can help more and do more.
10X doesn’t mean that you sleep less and don’t spend time with your family. I sleep 8 hours every night and spend more time with my family than anyone.
I wasn’t 10Xing my business when I was sleeping less, working more, and spending less time with my family.
Are 10X levels available to you?
Remind yourself the mission that you’re on. Why would you want to 10X your life? Because it’s available to you. It’s not against the law to expand. If you can then you should. You have an obligation.
If you don’t, you will be left with the same problems that you had the day before. You’ll end up with yesterday’s problems.
10X is about expansion. Those people going at it alone, the solopreneurs—their dreams won’t come true. That’s staying small. If you stay small you’ll cease to survive.
I had a guy from India come to my office the other day. I helped him go from $30K to $1,000,000 last year. He’s back for another mentoring session. I wrote up a business plan that will help him go from $1,000,000 to $10,000,000, which will be easier for him.
Because he has belief. Going from $30K to the million made him realize he’s been underplaying his life. Now he knows he can make moves.
Making moves is expanding. You always have to have a target. When you hit a goal, replace it with a new one. Big companies like Sears and Toys “R” Us are failing because they are using an old business cycle. They spend all their money on ads.
They are getting destroyed because of social media. Why are they failing? They aren’t growing.
If you want to 10X your business, you have to follow the proper business cycle:
- Follow up
Let me show you how I do this—a guy came up to me at the 10X Growth Conference and wanted to spend more time with me. It gave me an idea to host a private event for $50K. Eleven others signed up on the spot. When more people found out about it, they wanted the same deal but couldn’t afford the $50K. So I opened up the event to more people for $15K.
I already had the attention at the conference. I made my intentions clear by asking the VIPs in the front rows to sign up. I presented and they gave me the money (close). A lot of you get stuck in manufacturing, legal, accounting, and concepts. I don’t. I go from idea to funding as fast as I can—speed of action creates success.
You can’t 10X if you’re hoping and wishing. Nothing happens without a decision to expand. If you’re not expanding, you’re comfortable with contraction. You are dying. Most of you have been talked out of getting attention—your mom tells you not to bring attention to yourself or bother anyone.
Why do businesses fail?
It’s not because of technology or another company—Pan Am, TV, Radio, Newspapers—it’s because they refuse to continue to grow.
If you want a change, a breakthrough, you have to DO SOMETHING—listening is not an action. You have to sell enough products at volume great enough at prices high enough to support your business. You cannot grow a business by shrinking the expenses. You can only shrink so much. You have to increase the top line.
Grant Cardone is a New York Times bestselling author, the #1 sales trainer in the world, and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, social media, and finance. His 5 privately held companies have annual revenues exceeding $100 million. Forbes named Mr. Cardone #1 of the “25 Marketing Influencers to Watch in 2017”. Grant’s straight-shooting viewpoints on the economy, the middle class, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. He regularly appears on Fox News, Fox Business, CNBC, and MSNBC, and writes for Forbes, Success Magazine, Business Insider, Entrepreneur.com, and the Huffington Post. He urges his followers and clients to make success their duty, responsibility, and obligation. He currently resides in South Florida with his wife and two daughters.