Business Growth Strategy - How To Grow Your Business For Entrepreneurs

Key Takeaways

nobody wants their business to lose market share get lost in a sea of competitors and die a slow and painful death so in this video we're talking all about business growth strategy and I give my top nine tips that any entrepreneur can use to build and grow a wildly profitable business hello and welcome my name is Adam arheart and you're watching the modern marketing show where we take different marketing tactics tools tips and strategies and break them down into bite-sized actionable clips that you can use to immediately take your business to the next level as far as I'm concerned studying and implementing business growth strategies are one of the most exciting parts of doing business after all most people don't start a business to Plateau stay stagnant be boring and do the same thing every single day never improving or getting better no the real fun in business and in life is progression and that means learning everything you can and then implementing what you learn to create even more value so what are some business growth strategies that you can apply today to immediately start to scale up your business well here are nine of my top strategies our number one strategy today comes to us courtesy of Tony Robbins and that strategy is to focus maybe you've heard the phrase he who serves two masters pleases none well this applies to business as well you simply can't be everything and do everything all at the same time you need to focus and if your goal is business growth then the first step is getting crystal clear on your business your target market and the value you provide number two is to leverage your current assets you can save a lot of time and money by simply looking back at some of the marketing assets you've already created these could be all blog posts articles proposals White papers videos or any other marketing materials that you can edit repurpose spruce up and send back out into the world number three is to ask or in other words survey your current and potential customers Ryan LEC wrote a great book on this appropriately called ask which I highly suggest you check out read and then apply to your business this one book has enough wisdom and insight in it to dramatically help grow your business number four is to hustle but more than hustling you need to spend a few minutes to get real with yourself and ask just how hard are you actually trying to grow your business are you working longer hours networking with more people creating more content reading more books taking more courses or just going through life business as usual often times a little self- pep talk can get you back on track and reignite the Fire and Desire to regrow your business number five is to teach and when I say teach I don't mean it in the Traditional School type of way but rather in a way that allows you to better communicate the unique value that your business provides and how it can help your target market if you look around for ways to teach others about what you do be sure to make it more about the value that's provided than about you or your business by doing this you help to position yourself as a giver and an authority on the subject both of these work together to help grow your business number six is to give and give some more all the credit for this goes straight to Gary vaynerchuk whose book jab jab jab right hook is a staple reading requirement for any entrepreneur one of my favorite quotes is there is no sale without the story no knockout without the setup giving is the setup and the more you give the better positioned you'll be when you go in and ask for the sale if you want to grow your business first ask yourself how you can give even more value to your customers number seven is pay to play paid traffic and online advertising are phenomenal tools for instant business growth because they allow you to buy traffic or in other words put your offer directly in front of your target market unlike almost every other form of advertising out there paid traffic allows you to get your message out and in front of people in as little as a few minutes that means you can go from no traffic to tens hundreds even thousands of visitors in a matter of minutes or hours if you need to grow your business now start taking a look at paid traffic sources like Facebook ads and Google AdWords number eight comes to courtesy of Grant Cardone where he advises to fill up your pipeline filling up your pipeline or your funnel is probably one of the most important parts of business growth you need to keep a steady and consistent supply of new leads coming in if you ever want to grow and the better your funnel the more scalable sustainable and profitable your business growth will be filling up your pipeline all comes down to marketing which is good news because if you combine the previous steps I've just discussed you'll be well on your way number nine is to put everything we've just talked about together into the ultimate business growth strategy start by getting clear on what you do and the value you provide then be sure to ask your current and potential customers what they care about so you can craft your message and marketing around that then edit your existing marketing materials to reflect that and give away as much value as you can by teaching in a non-s salesy way about how you can help others lastly use paid traffic to fill your pipeline and keep a steady and consistent flow of leads coming into your business when your funnel is dialed in and you're seeing good results simply scale it up and your business has no other option than to grow so thanks so much for watching if you enjoyed this episode be sure to subscribe to the channel give it a thumbs up and if you have any questions comments or suggestions for a future video be sure to leave them in the comments section below if you'd like more content like this then head over to Adam art.com and sign up for the modern marketing newsletter because this is where I share my best tips tricks and strategies that I don't share anywhere else take care for now and I'll catch you next time on the modern marketing show [Applause] [Music]