Episode #94 - Why only 7% of businesses grow past $2mil with Jenny Stilwell
Why You’ve Got To Listen To Today’s Episode:
In today’s episode of Big Dreams Great Teams™, I am joined by the inspiring Jenny Stilwell, author of The 7% Club. Jenny sheds light on the challenges faced by businesses as they aim to grow their revenue beyond 2 million dollars, with only 7% of Australian businesses achieving this milestone. We delve into the complexities that arise during business growth and share some valuable insights on how to overcome common obstacles many entrepreneurs face growing and scaling their business.
Jenny's background encompasses decades of experience in business consulting and mentoring. Starting as a marketing consultant during a recession to becoming a CEO herself, Jenny has a deep understanding of the challenges faced by business owners at various stages.
We discuss how as entrepreneurs, we must take control of our business and understand the complexities that arise in order to strategise effectively. Jenny shares three key areas to focus on in order to achieve this, from understanding your finances to building out a strong team. We talk about how to involve your team in the decision-making process to help foster engagement, commitment, and innovation.
Jenny shares valuable insights on how to implement effective strategies before reaching the $2 million revenue mark in order to set yourself and your business up for success. I hope that this episode encourages you to explore Jenny’s insights further by reading her book, The 7% Club, so you can ensure a smoother transition for your business into higher levels of growth.
Download Jenny’s Strategy Roadmap Guide to help develop a strategic plan for your business:
Learn more about Jenny’s book (The 7% Club), and where to purchase it: https://jennystilwell.com.au/the-7-percent-club/