Scaling Your Profits to $1 Million Comes Down to 2 Simple Things

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August 31, 2023

by a searcher from University of Houston in Houston, TX, USA

I read a post on MSN about Grant Cardone: Scaling Your Profits to $1 Million Comes Down to 2 Simple Things
No. 1: You Have To Really Want It. He believes you’ll never be able to scale your business to achieve high levels of financial success unless you really want to. No. 2: You Have To Do the Math. He says Ambition alone isn’t enough to achieve your financial goals — you also have to do the math to figure out exactly how to get there.

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Reply by a searcher
from University of Calgary in Calgary, AB, Canada
A generic slogan that sounds like its meaningful but really isn't at all. Know your business, know your customers and how to create value for them and then strategise how the pursuit of that can grow your business. Most really good entrepreneurs that I have met, haven't really "done the math" at all they do the first two and sometimes use trial and error to find a sweet spot and that underpins their success.
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from Dartmouth College in Austin, TX, USA
While having the determination and a plan is useful, you need skills and abilities, strong partnerships, and luck, too. Or, you could "10x your profits" by overcharging renters and mislead investors. We'll only know the impact on the bottom line after his pending class action lawsuit is resolved.
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