10 Simple Steps to build a $5M business

1. 10 Simple Steps to Build a
$5 MILLION BUSINESS
#Startups #SMB
Dave Kerpen
CEO, Likeable Local
Cofounder & Chairman, Likeable Media

2. In the past 7 years, we’ve built 2 significant businesses.
#Startups #SMB
Here’s how we did it:

3. 1. Find Trustworthy Partners
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Whether it’s a close friend or family member,
partner with people you can trust.

4. 2. Create a strategy & focus
Use Verne Harnish’s 1-page strategic plan
#Startups #SMB
or another method that allows you to focus.

5. 3. Say no to what’s off focus
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Even if it means firing
your own customers.
By saying no to what’s off focus,
you’ll have more opportunity to grow.

6. #Startups #SMB
4. Find Peer Support
Join an organization such as EO, YEC, YPO, Vistage, or BNI

7. 5. Form a board of advisors
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Coordinate a group of trusted mentors
to counsel you on key issues.

8. #Startups #SMB
6. Hire Slow. Fire Fast.
The sooner you part ways with people who aren’t a fit, the better.

9. 7. Build great values and culture
Take time to build a place where people want to spend their time.
#Startups #SMB

10. #Startups #SMB
8. Build your brand
Use social media to make your
company bigger than it really is.

11. #Startups #SMB
9. Ask for referrals
The best form of marketing is your current customers.

12. #Startups #SMB
10. It’s the people, stupid
The single most important factor in your success is your people.

13. #Startups #SMB
CONTACT
Dave Kerpen
EMAIL
Dave@likeable.com
THANK YOU
TWITTER
@davekerpen
PHONE
212-359-4355
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