What if I said you could average 300% (or more) growth this year without doing any additional marketing or branding and without hiring any new team members, and what if that growth could be permanent. Or what if, no matter what size you are right now (even if you’re already a $10MM, $50MM, or $100 million-dollar company) it was possible to double your revenue and reduce your expense ratio?
Well that’s possible when you know how to ACQUIRE OTHER COMPANIES, and that’s what we discuss in today's episode of Built To Grow, but first you need to understand what the ACQUISITION MATH is…
First, we only acquire a company that already has the skill sets, or assets, or relationships, or customers that we need to grow.
Next, we only acquire a company that we can assimilate into our culture in a way that at least DOUBLES OUR REVENUE and at the same time MARGINALLY increases our expense ratio.
For example: if we’re currently making $10 a year in gross revenue, and we acquire a company who is also generating $10 a year in gross revenue, then by acquiring them properly we grow to at least $20 a year in gross revenue. But at the same time, there’s going to be an overlap in expenses that we no longer need. For example, we don’t need two accounting teams, or two CRM software’s, or two high paid CEO’s… so in most cases we can double (or more) our revenue with just a marginal increase in expenses.
Watch today's episode and see EXACTLY how companies are doing this, and how to negotiate a Win-Win deal every time.
Once you know this process, what you’ll find is there are FAR more companies who are willing to sell then you could ever imagine. And most of the best ones aren’t advertising a sale, they’re just competitors of yours who are tired of working, or who have other dreams.
So the question becomes, how much more could you grow if you acquired one of your competition?
Tell me in the chat area below. Could you grow an additional $500k this year, $1MM, $10MM, $50MM???
Let’s me know, because I’ve seen small companies make giant jumps in growth by acquiring one company, and medium companies become industry giants with one acquisition.
Be open minded and this could be huge for you.
Also take a second and SUBSCRIBE and hit the bell notification so you’re first to get insider tips on acquiring and selling companies... the right way.
Go ahead subscribe now and tell me how much more you think you could make if you could acquire another company this year.
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Chris is an entrepreneur, investor, bestselling author, and advisor to a handful of high growth companies. He has built four 8-figure companies, developed winning leadership teams across multiple industries, and designed business systems that predictably grow multi-million dollar brands. He’s been featured in financial periodicals such as: Success, Inc, Bloomberg, and in Entrepreneur as a top entrepreneurs of the time.
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