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

How to Build a $5 Million Business in 10 Simple Steps

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10 Simple Steps to build a $5M business

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Page 1: How to Build a $5 Million Business in 10 Simple Steps

#Startups #SMB

10 Simple Steps to Build a

Dave KerpenCEO, Likeable LocalCofounder & Chairman, Likeable Media

$5 MILLION BUSINESS

Page 2: How to Build a $5 Million Business in 10 Simple Steps

#Startups #SMB

In the past 7 years, we’ve built 2 significant businesses.

Here’s how we did it:

Page 3: How to Build a $5 Million Business in 10 Simple Steps

#Startups #SMB

1. Find Trustworthy Partners

Whether it’s a close friend or family member,

partner with people you can trust.

Page 4: How to Build a $5 Million Business in 10 Simple Steps

#Startups #SMB

2. Create a strategy & focus

Use Verne Harnish’s 1-page strategic plan or another method that allows you to focus.

Page 5: How to Build a $5 Million Business in 10 Simple Steps

#Startups #SMB

3. Say no to what’s off focus

By saying no to what’s off focus,

you’ll have more opportunity to grow.

Even if it means firing your own customers.

Page 6: How to Build a $5 Million Business in 10 Simple Steps

#Startups #SMB

4. Find Peer Support

Join an organization such as EO, YEC, YPO, Vistage, or BNI

Page 7: How to Build a $5 Million Business in 10 Simple Steps

#Startups #SMB

5. Form a board of advisors

Coordinate a group of trusted mentors to counsel you on key issues.

Page 8: How to Build a $5 Million Business in 10 Simple Steps

#Startups #SMB

6. Hire Slow. Fire Fast.

The sooner you part ways with people who aren’t a fit, the better.

Page 9: How to Build a $5 Million Business in 10 Simple Steps

#Startups #SMB

7. Build great values and culture

Take time to build a place where people want to spend their time.

Page 10: How to Build a $5 Million Business in 10 Simple Steps

#Startups #SMB

8. Build your brand

Use social media to make your company bigger than it really is.

Page 11: How to Build a $5 Million Business in 10 Simple Steps

#Startups #SMB

9. Ask for referrals

The best form of marketing is your current customers.

Page 12: How to Build a $5 Million Business in 10 Simple Steps

#Startups #SMB

10. It’s the people, stupid

The single most important factor in your success is your people.

Page 13: How to Build a $5 Million Business in 10 Simple Steps

#Startups #SMB

CONTACTDave Kerpen

[email protected]

TWITTER@davekerpen

PHONE212-359-4355

THANK YOU

Learn how to grow your business in two minutes: LikeableDemo.com