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Episode 36: Is the 4.5% Model Holding You Back

To me, 4.5% is not really exciting or should it be to any true sales organization.

In this podcast

Many agencies are blindly following the 4.5% model.

  • Most agency owners don't even know their following the 4.5% model - They have no growth model
  • For every $1,000,000 of revenue, what happens at 4.5%
    • After 5 years = $1,246,182
    • After 10 years = $1,552,969
    • Just a little more than $55,000 of grow per year
  • For every $1,000,000 of revenue, what happens at 9%
    • After 5 years = $1,538,624
    • After 10 = $2,367,364
    • Growth per year $136,737
  • For every $1,000,000 of revenue, what happens at 13.5%
    • After 5 years = $1,883,559
    • After 10 years = $3,547,796
    • Growth per year $254,780
  • There's a difference between wanting to grow your business and planning to grow your business
  • Your either a CRAP Magnet or a Results Magnet
  • Don't be ITB (I'm Too Busy) to Get Better

 

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