The 3 Secrets of Exponential Growth.

Posted on 06 June 2007

I was once handed a document which I was told contained the real secret to massive rapid business growth.

To say I was surprised is an understatement.

I expected to receive a thick manuscript containing details of an elaborate and highly complex business system.

What I actually received was just a single sheet of paper, with 3 short sentences on it.

It was actually nothing more than a simple check list – that was to be performed each day — by either a company owner, or the people directly responsible for marketing it.

When a business owner performs these 3 simple activities on a daily or weekly basis, they’ll achieve something quite uncommon in the business world… what one famous UK marketing expert calls ‘Hyper-growth‘. 

Hyper-growth means exponential leaps in sales and profitability… not the small incremental steps that most small business endure each year.

Want to know what the 3 sentences were?

1. Take action to acquire more customers & clients.

2. Make an offer to existing customers & clients.

3. Increase average customer/client spend.

As Michael Gerber pointed out in his famous E-Myth book, too many small business owners are focused on production work, and not the activities that actually drives business forward.

You’ll notice none of the 3 steps make any reference to actually doing any ‘work’. They each relate to either marketing and innovating products and services or the way those are made available to the marketplace.

In a nutshell, if you are not performing any (or all) of these 3 activities on a daily and weekly basis, then your business is not growing as fast as it could.

It took me years to fully understand the import of those 3 simple action points. Once I did, my business started flying.

Can you build a daily schedule around those 3 simple actions?

What if you don’t have time each day to do any of the above? Well the standard advice would be to ‘delegate whatever you’re doing at the moment.’

However, after reading Tim Ferris’ book – and based on my own experiences – the first step is to actually eliminate any activities that are either not directly contributing to your business growth, or are actually eroding profits.

Secondly, automate whatever can be automated. And only then delegate the remaining tasks.

When your mind is clear to focus on the 3 actions on a daily and weekly basis, you’ll be amazed how fast a business really can grow.

-Ed.

P.S. Maintaining a blog is a great way of not only attracting qualified prospects – people interested in what you have to say and also offer the marketplace – but also a dynamic way of making offers and announcements.

Anyone who reads my blog or the blog of any other successful marketers will see a pattern emerging in respect to the 3 items listed above.

[tags]Business growth, marketing, innovation[/tags]

This post was written by:

Ed - who has written 290 posts on Web Marketing with Ed Rivis.


0 Comments For This Post

5 Trackbacks For This Post

  1. Carnival of Small Business Issues - Edition 6 : Atlantic Canada’s Small Business Blog - IQI Strategic Management Inc. says:

    [...] Ed Rivis is a UK based Small Business Internet Marketing Strategies. He’s got a book under his belt “The Ultimate Web Marketing Strategy”. The 3 Secrets of Exponential Growth talks about 3 actions that aims to help small businesses achieve Hyper-Growth. “… too many small business owners are focused on production work, and not the activities that actually drives business forward … if you are not performing any (or all) of these 3 activities on a daily or weekly basis, then your business is not growing as fast as it could.” [...]

  2. RealEstateUndressed » Blog Archive » Another Carnival Win For “He Called It The Skyhook Theory. How About Skyhook Theory For Buyers?” says:

    [...] The 3 Secrets of Exponential Growth [...]

  3. Carnival of Entrepreneurs #25 - June 11, 2007 says:

    [...] Ed Rivis presents The 3 Secrets of Exponential Growth. posted at Ed Rivis. [...]

  4. 8th Edition of The Carnival of Leadership Growth « The Organic Leadership Blog says:

    [...] Ed Rivis presents The 3 Secrets of Exponential Growth. posted at Ed Rivis. [...]

  5. Discipline: Number One Success Tool for 2008. - Ed Rivis says:

    [...] me what I do on my computer when I’m not in Textpad. If those activities are not related to growing my business then I’ll be able to [...]

Don't miss any of these valuable posts.

Enter your details below to sign up for free announcements:

First Name *
Last Name *
Email *

I hate spam and will never share your details with any third party, and you can unsubscribe if you you don't want any more free advice tips on how to making more money through your small business website.