Success Explained with Chris Guerriero

If you're an entrepreneur, you want to know how to grow your business to six, or seven or eight figures in the shortest time possible. Then in this episode, I want to share with you one of my top strategies to successfully scale any business fast, and predictably increase your profit margins.

Now, if this is the first time you've seen one of my episodes, my name is Chris Guerriero. And I built four 8-figure businesses, successfully sold several companies. And I've also invested in growing companies as well. And all of this gives me a very unique insight into strategies that grow businesses every time they're used no matter what size your company is right now, or what industry you're in or what the economy is like.

I want to detail one of the best strategies we've used to scale companies fast. And it costs far less and takes far less time than most of the really old tactics that you read about in books.

Listen in now. 

Have you ever wondered what mistakes businesses commonly make on their way to massive revenue breakthroughs? In my first business I spent nearly 10 years struggling to grow the business, but now I have discovered the number one mistake businesses make in trying to achieve massive revenue growth. In today's video I cover the mistake to avoid in your business plus talk about how this advice can lead to massive business growth when applied correctly.

Want to be the a great leader, fast? There's a lot of books out there about how to be a great leader, and also a lot of misconceptions about what makes a person a great leader.

But in reality, there's only a handful of traits that all great leaders have.

Whether it's a leader in business, or it's the leader in the family, or it's a political leader, or it's the leader of a sports team. I dive into those more in a previous episode. But today I'm covering the leadership trait that most people fall short with and tends to be the hardest to learn.

This simple concept provides a wonderful filter when you're trying to weed out poor leaders from your team - or if you want to bee seen a strong great leader yourself.

I've been asked to share a lesson I learned in business that I believe was a big help to my early success. It's a piece of advice I normally don't say to most start-ups, because I don't want to de-motivate them. Success is what we all work for... because we believe everything's going to be sunshine and rainbows and unicorns. But you know when success hits because it feels like you've been hit in the face. Success actually can be scary as hell in the beginning. Because now there's a massive expectation that you need to fulfill as the leader of your company. Learn the business tip to help make success more predictable and less scary in this episode.

Have you ever wondered if there is one skill to guarantee your success in business? Most businesses grows in chunks. Unfortunately, as these companies GROW – then they experience a CORRECTION, then they grow again, and correct again. It’s literally a rollercoaster of growth spurts. And that causes PLATEAUS… and also a loss of motivation in your team. So, if you’ve ever hit a plateau in your growth then this skill could be a game changer for you. Today I’m revealing the best way we’ve found to experience steady predictable growth year over year in every industry I’m involved in. While this is a hard business skill to master, it will pay off forever.

What do you do to keep yourself motivated to succeed?

If you go to my website there is a link at the top of the page to ask me questions, and we get hundreds of questions a week.

What’s interesting is that, the great majority of people who follow me on social, or on any platform, are business people… some of them are SMALL business people… some of them have SEVEN OR EIGHT figure companies, and some of them are CEOs of MULTI-BILLION dollar international brands.

So, you would think that the majority of the questions I get asked would be BUSINESS TACTICS, or team development tactics, or how to develop yourself as a leader.

But the number one question is almost consistently…. How Do You Stay Motivated To Succeed?

And I think it’s amazing question, because it doesn’t matter what level you’re at in business, your ability to stay motivated to succeed is DIRECTLY RELATED to how well you “FOCUS” in business… which is directly related to the results you get in business.

So let's dive in...

There’s a BIG difference between STUPIDITY, and IMMATURITY.

STUPIDITY IS A LACK OF INTELLIGENCE.

IMMATURITY IS A LACK OF EXPERIENCE.

The difference is that… a stupid person can be EDUCATED BEYOND BELIEF but they don’t have the intelligence to use that education. So the more time you spend with stupid people (people who talk about politics, or business, or anything, without first doing the due diligence, and actually understanding the topic they’re talking about) the worse decisions you make.

Stupid people go out there and will swear the sky is blue one day and convince everybody that it’s blue, and then the next day (because they red an article by another stupid person) they swear it’s green, and they try to convince everybody around them that the sky is green. And they will argue all day every day about something that they have no ability to justify, or any substantiation to prove, just because it’s the most dominant thought in their head at that moment.

We’ve all met people like this!

On the other hand…

IMMATURE PEOPLE simply don’t have the experience.

So which is better for your to accept into your life or your business? 

Dive into today's episode to hear!

Most companies fall into one of two categories when it comes to hiring employees:

Either they put an ENORMOUS amount of time and money into attracting, and interviewing, and hiring, and training people.

Or they think hiring the right people takes so much time and money that they do the absolute minimum just to get by – which is by putting ads online, and interviewing a bunch of candidates, and then just hiring the best FROM THAT SMALL GROUP OF APPLICANTS.

Both can work.

But one’s very costly and one’s way too risky.

In today's episode, I’m going to give you a few keys to show you how we develop strong, motivated, loyal teams inside of each of my companies, and this works for startups as well as high 8-figure businesses.

Because hiring just one wrong person for a job, can be a financial disaster - and can quickly become a VIRUS that spreads through your team – and that slows or STOPS your growth completely.

So listen in and if you follow these tips – you will be LIGHT YEARS ahead of most other companies.

Nothing great happens in life without first putting in the work to get MOMENTUM. Depending on which path you’re gaining momentum on, dictates whether you’re going to get positive or negative results.

And SO OFTEN, PEOPLE WORK JUST FOR THE SAKE OF WORK, and don’t stop long enough to see if that work is bringing them closer to the results they actually want. That’s why so many people, work for years, and are never satisfied with WHAT they have in life – it’s because they worked on things… that created momentum in the wrong direction.

And if they just took a moment, from time to time, to look at where their momentum was pushing them – they would have been able to coarse correct and get FAR FAR more out of their time. MORE SUCCESS MORE REVENUE MORE NET PROFITS IN THEIR BUSINESS AND MORE HAPPINESS IN LIFE

So How Do You Get Momentum? In today's episode, we’ll get more clear on this and then I’ll show you EXACTLY what we do inside of my companies to analyze if our actions are moving us along the fastest path to get us to our goals… or to hit whatever target we have.

This goes for any business, in any economy, in any industry, and it also relates to anything you want to achieve in life.

The term marketing is kind of outdated.

In the “start-up” world and also in the new business world, marketing is really thought of as just plain.. advertising.

High growth businesses more often use the term GROWTH to define scaling their businesses. And there’s a big difference between “marketing”, and “GROWTH” in business.

Marketing is POTENTIAL… and Growth is ACTUAL.

So how do you best leverage Growth for your business and what are the necessary steps and metrics to ensure your growth oriented and not just looking at marketing efforts? 

In today's episode Chris breaks down exactly what business owners need to know to be a high growth business focused on scaling.