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scaling

  1. Sirrom

    What to do with $1.7m/yr ecom brand? (I want to scale, but can’t do it myself)

    SCALING QUESTION 
    Together with a partner I founded an ecommerce business around 2 years ago. It has grown quite rapidly. - We do around €1.5m ($1.7m) in revenue. - Current MRR = €55k/m. - 72% of revenue = repeat orders. AKA: our customers really love the brand and products we sell. I own 25% and I’m not...
  2. Jimpix

    From a dump to a home

    INVESTING MINDSET CHAT 
    Recently I read Unscripted by @MJ DeMarco, several years after reading The Millionaire Fastlane. I want to note that reading Unscripted could not have came into my life at a better time in my life. Several years ago, I stepped out on a limb and tried full time entrepreneurship. It did not go...
  3. Jimpix

    House Flipping Bookeeping

    SCALING CHAT FEEDBACK 
    I am building my house flipping business and it is becoming VERY apparent to me that in order to scale and also keep my sanity, I need a bookkeeper. In the past I always did things myself but not the best. I am changing things this time around (Sold my assets in the business years prior) but I...
  4. Jimpix

    Crush or cringe customers

    MARKETING SCALING CHAT 
    I am reading through ClockWork and I came across the section on Crush or Cringe customers. For those who have not read through this yet, it is a simple easy check for your business to see where to focus more of your emphasis and time to be able to better streamline your business and work your...
  5. Leafys1

    Retention by Merit (M2M) over Retention by Force (Contracts) …. am I shooting myself in the foot?

    SCALING FEEDBACK 
    Hi everyone, I’m finalizing the pricing structure for my subscription service and I’m torn between two approaches. I'm looking for advice on balancing early cash flow/growth vs. long-term company valuation. The Context: • Price point: ~$99/month. • Breakeven: I need a customer to stay at least...
  6. A

    From 100 to 1000 customers

    SCALING SAAS / APPS EXECUTION FEEDBACK QUESTION 
    Hello! Intro I've introduced myself previously in this thread. I wanted to share more about my business/side hustle with the community and hopefully get some ideas and feedback. My current SaaS website provides a convenient way for customers to create purchase orders (procurement). You can...
  7. MJ DeMarco

    The "$1K A Day" Test - Do You Have a Scale Problem?

    GOLD! EXECUTION 
    I mentioned this in another thread, and it bears repeating, and its own thread. You want a test to see if your business has the potential to scale? The $1K Scale Test is a strategy visualization that’ll expose whether your venture’s got Fastlane potential, or if it’s just another time-sucking...
  8. PRESENTUR

    Aquiring the Fastlane Mindset

    BOOKS MINDSET 
    This is obviously about one of the most important books I have read: The Millionaire Fastlane. And as I just joined this forum I read it again. These are some affirmations for me to always remember what that mindset is about: 1. I am in control of my financial destiny. 2. I create value and...
  9. fastlane_capital_allocation.webp

    fastlane_capital_allocation.webp

    The Fastlane Capital Allocation Model
  10. markussbaltais

    SaaS $1K+ MRR | How to Scale? | Advice Needed

    MARKETING SCALING SAAS / APPS 
    Hey! For the past few months, we have been building a B2B SaaS. It is is a subscription-based product and we provide our clients with weekly curated insights on their competitors from layoffs and new hires to market entries and changes in pricing. Our key advantage is that we use 80+ data...
  11. HJP

    How to get more 'premium' clients?

    MARKETING 
    Hi, Last year I started a web design company and it's been going pretty well. I've had a couple dozen clients, plenty of 5 star reviews and all is well. However I'd like to move to more 'premium' clients in the hopes of getting paid more per job, at the moment I am getting around £550 per job...
  12. uhhfeef

    Growing An Automation Business

    HOT! SIDE HUSTLE EXECUTION 
    Hey all Maybe you've seen my other progress thread, maybe not. But that was a 6 month endeavour with a lot of life lessons I would never have learned if I never tried anything with the idea. My biggest lesson learned: build something people need. So that's what I plan to do now. I already...
  13. M

    How to properly scale a cleaning business

    SCALING EXECUTION 
    Hi I’m currently doing house cleans for almost a year but would like to expand into end of lease, office cleaning and window cleaning. I have employees that’s been with me for a while for home cleans and have subcontracted some commercial kitchen, construction cleaning jobs and end of lease jobs...
  14. machinistguy

    The Secret to Scaling FAST: Bandaids, Bodyblows, and Headshots

    ASSERTION EXECUTION 
    I went to a boxing class about a year ago where we were taught a new combo for the first half of the class, and then it was sparring the rest. Over the 10 rounds of sparring with my first partner, I learned a painful lesson really quick that I've since applied to business. Take the body blow...
  15. Vasudev Soni

    My Journey to a Million $ Software Business - Progress Thread

    SCALING SAAS / APPS EXECUTION 
    I've been thinking about ways to bring some value to this forum and I think creating a progress thread about my software startup could provide some insight to members interested in starting a software business/startup and also help myself stay accountable for doing what I need to do. I have read...
  16. E

    Has anyone purchased aged FB Business Manager with unlimited daily ad spend from a reputable seller or rented an agency FB ad account?

    MARKETING 
    Hello everyone, I hope you are all doing well! So far I have lost the times I have tried to make it work with my own Business Manager, I couldn’t even begin to warm up the account before I get restricted and have no idea how some people manage to scale their businesses in the millions so I am...
  17. iivalky

    What is The Best Way to Scale My Game Dev Business?

    MARKETING QUESTION 
    Hi Fastlaners, You might know me from my introduction and/or article about lead developing multiple income producing video games. Rounded, I make $100/day (give or take) My question, to anyone familiar with marketing, scaling businesses, or even game developing is: How could I turn that $100/day...
  18. D

    The most important metric for any entrepreneur / scaling a business quickly

    IDEA 
    Real talk. I keep it simple and straight. The most fundamentally important metric for any business growth is this one. Other things matter too but if you dont get this right, you just cant make a real business out of it. LTV:CAC ratio LTV= lifetime gross profit you make with a customer CAC=...
  19. Silk Cuba

    23 Year Old w/19 Employees: Just Did $5m in 2021, *OFFICIALLY A MILLIONAIRE* - AMA

    GOLD! HOT! EXECUTION 
    £3m (online) + £1m (offline) ~ approx $5.3m so far in 2021. Profit $1.5m+ First of all, THIS FORUM IS AMAZING. I only wish I had come across it sooner! Hoping to become an active participant adding value to this forum. Yesterday evening a random thought popped into my ahead, how amazing it...
  20. K

    Building a Beauty Empire. From 0 to 180k profit in 8 month and beyond

    GOLD! HOT! EXECUTION 
    Hi all. So this year has been a ride and Im thinking about writing a progress blogg to get input but also to organise my days. Maybe I will get some good advice and maybe others can get some ideas. This all started in june last year with my first business which was a beauty clinic where we...
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