Navigating the Crucial Growth Phase: Zero to $50,000 a Month

Crucial Growth Phase Introduction: 

Hey everyone, Tanner here. Today, let’s delve into the common pitfall many business owners face during that crucial growth phase between zero and $50,000 a month. It’s a tricky stage, and I’ve seen many entrepreneurs struggle with it. I’ll share a story to illustrate what I mean.

” Let’s delve into the common pitfall many business owners face during that crucial growth phase between zero and $50,000 a month.”

The Middle Ground Challenge

Many business owners making around $20k to $30k a month find themselves in a challenging middle ground. They’re doing well enough to see the potential for growth, but not quite well enough to build a large team. The methods that got them to this point are often not the ones that will take them to the next level – a realization that many fail to make.

The Middle Ground Challenge
The Middle Ground Challenge

Case Study: A Client’s Journey

I had a client who built her business from scratch, reaching $20,000 a month through organic TikTok content. It was a female fitness offer software, and she was doing great. Then, she shifted to running ads and stopped her organic content efforts, which led to a decrease in profitability despite higher gross revenue.

Crucial Growth Phase:  The Problem of Shifting Focus

The issue was not in running ads – I’m a big proponent of that – but in abandoning the organic strategies that were working. When she shifted to ads, her profit margins shrank. This is a classic example of forgetting to track crucial metrics and losing focus on the activities that directly contribute to revenue, like sales calls.

Crucial Growth Phase: The Problem of Shifting Focus
Crucial Growth Phase: The Problem of Shifting Focus

Crucial Growth Phase:  A Common Misconception in Scaling

Scaling a business is not about doing different things; it’s about doing the same things more effectively and in a shorter time frame. Business owners, especially in the $20k to $30k range, often become complacent. They forget that the strategies and hard work that got them to their current level are the same ones needed to scale further.

Crucial Growth Phase: A Common Misconception in Scaling
Crucial Growth Phase: A Common Misconception in Scaling

Staying True to the Basics

My advice to anyone in this phase is to stick to the basics that made you successful. If you’re not growing, you’re at risk of burning out and getting stuck. It’s about pushing a bit longer and harder to grow your team and revenue to a point where you can scale sustainably.

Staying True to the Basics
Staying True to the Basics

Crucial Growth Phase:  Final Thoughts

Remember, time management and focus are key. You have more time than you think. Keep doing what works, track your metrics, and focus on your most profitable activities. Don’t get distracted by new strategies at the cost of abandoning the ones that brought you success.

That’s all for now. I hope this insight helps you in your journey. Stay focused, keep grinding, and remember: consistency is key.

See you next time!

Share this post
Recent News

I hope you enjoy reading this blog post.

If you want my team at EliteCeos to help you get more traffic, just book a call.

Leave a Reply

Your email address will not be published. Required fields are marked *

Realistic Expectations: The Key to Entrepreneurial Sanity

Introduction: Entrepreneurial Sanity Hello Everyone, I’m Tanner Chidester, CEO of Elite CEOs, and today I want to share some insights that are crucial for every entrepreneur: setting realistic expectations in your business. I recently had a conversation with a business owner that perfectly illustrates the importance of entrepreneurial sanity. “I

Read More »

Embracing Internal Reflection for Personal and Professional Growth

Professional Growth Introduction: The Journey of Self-Discovery and Growth Embark on a transformative journey of professional growth as the CEO of Elite CEOs. Despite my extensive travels and interactions with diverse minds, a recent experience with a coach provided me with profound insights into the importance of internal reframing for

Read More »

Scaling Your Online Business: A Realistic Approach to Growth and Leadership

Introduction: Growth and Leadership Hey everyone, Tanner Chidester here. Recently, I had a detailed conversation with an online fitness coach, which provided valuable insights into Scaling Your Online Business and understanding Growth and Leadership. This conversation reinforced several key principles that I believe are crucial for anyone looking to grow

Read More »

The Journey of Entrepreneurship

Journey of Entrepreneurship: The Misconception of Profitability in Big Companies Embark on ‘The Journey of Entrepreneurship’ with Tanner Chidester, CEO of Elite CEOs. As I converse with venture capitalists and business leaders, a pivotal truth emerges: large companies often lack true profitability. This realization shapes my approach, emphasizing the grassroots

Read More »

Navigating the Complexities of Digital Marketing: A CEO’s Perspective

Introduction: Digital Marketing Hello, I’m Tanner Chidester, CEO of Elite CEOs. I often encounter various challenges and opportunities in the realm of digital marketing. Recently, I had a profound discussion that highlighted some crucial aspects of navigating this dynamic field of digital marketing. Here, I’ll share my insights and experiences,

Read More »

Unlocking the Power of High-Ticket Sales: My Journey and Strategies

Introduction: High-Ticket Hello, I’m Tanner Chidester, CEO of Elite CEOs. Through my journey in mastering the challenging yet rewarding world of high-ticket sales, I’ve learned that success in high-ticket sales hinges on more than just understanding your product or service. It’s about mastering the art of communication, negotiation, and, most

Read More »

Realistic Expectations: The Key to Entrepreneurial Sanity

Introduction: Entrepreneurial Sanity Hello Everyone, I’m Tanner Chidester, CEO of Elite CEOs, and today I want to share some insights that are crucial for every entrepreneur: setting realistic expectations in your business. I recently had a conversation with a business

Read More »

The Journey of Entrepreneurship

Journey of Entrepreneurship: The Misconception of Profitability in Big Companies Embark on ‘The Journey of Entrepreneurship’ with Tanner Chidester, CEO of Elite CEOs. As I converse with venture capitalists and business leaders, a pivotal truth emerges: large companies often lack

Read More »