Can You Double Your Revenue Fast?

Can You Double Your Revenue Fast?

The short answer is, yes, you can.

The evidence is all around us: Think Amazon, Facebook, Apple, Microsoft, and so many others which once started out as simple concepts that evolved into revolutionary ideas.

These businesses know what it takes to double their revenue. They’ve done it before and they will certainly continue to do so until someone else with a better idea comes around. 

Now, on to the real question: Can you do the same?

Perhaps you’re thinking, “It’s not that simple for me. I face challenges like being in a specific industry or having a team with its own hurdles.”

It’s valid to feel that way. We all encounter unique obstacles. Yet, it’s crucial to realize that possibilities for growth exist, and it’s about finding the right approach. 

There will always be reasons not to do something. So we will tell you once more that yes, you can still double your revenue. Triple it even. 

You just have to try. You can try. It all boils down to whether or not you want to try, not whether or not you can.

At this point, you might be answering, “yes, I want to try,” or “no, I don’t want to. Because I really can’t. And here’s a full list of reasons why this will never work.”

If you’re the former, then you’re on the right path to company success. But if you’re the latter, allow us to tell you this: Blaming circumstances is easy, but it won’t bring the desired results. Saying “I can’t” can become a self-fulfilling prophecy.

“But it’s not my fault my team can’t do their job right,” you say. We understand the complexity, and it’s okay if things aren’t perfect. But it’s important to recognize that acknowledging the need for improvement is the first step towards a better future for your company. Holding ourselves accountable and recognizing the role we play is a vital part of any executive’s role within their organization.

First thing you need to do is find the strength within yourself to hold yourself accountable. You can start by gently admitting to yourself by saying this simple statement, “We can do better.” It’s okay if things aren’t perfect—it’s a chance for improvement.

It’s okay if things aren’t going the way we want them to. This isn’t a negative reflection of us. Knowing where the problem is is a chance and an opportunity for us to do better, and there are opportunities for you out there waiting to be grabbed everyday.

When we shift from blaming to taking responsibility, opportunities begin to surface. By becoming more solution-oriented, we pave the way for growth.

Now that you’ve cleared your mind, how can you move toward doubling your revenue? There are practical frameworks out there that can help you disrupt your organization and help you to quickly get to your goals. We believe these frameworks should be revisited on a daily basis in order for them to work. Some of these frameworks are actually designed in a manner that makes them practical and easy to implement for business owners who want to move quick.

Here’s an example from some of the most successful entrepreneurs in the world: Peter Diamandis, the founder of X Prize Foundation. He starts his day with three simple questions that shape his disruptive framework: What am I doing? Why am I doing it? Is there a simpler way to do it? Three simple questions that make up the disruptive mindset of a successful entrepreneur.

Here’s another nice one from Dan Sullivan. He suggests that people need to determine if they are “simplifiers” or “multipliers”, and then collaborate, partner, and hire others who are their complete opposites. We recommend you delve into these concepts; you’ll learn a lot about yourself and those you keep close in a business context.

There are also many successful innovators of our time are generous enough to share their ideas and methodologies for disruption.

W. Chan Kim and Renée Mauborgne offer valuable input in their book Blue Ocean Shift as to what they think is the most successful framework that made business owners like Steve Jobs the tycoons they are. So many other books out there like Tim Ferriss’ The Four Hour Week, Salim Ismail’s Exponential Organization, and Reid Hoffman and Chris Meh’s Blitzscaling

We would also like to invite you to read our founder Ammar’s book that’s coming out called EBOSS: A Simple Strategy for Outrageous Growth that introduces a strategy framework that brings out the best of both Ismail’s Exponential Organization and Kim and Mauborgne’s Blue Ocean Shift strategies. Many of our clients have found immense success from it; from up to a 200% increase in revenue to 20x growth within no more than a year. Ammar has even included real-life case studies in the book to support the effectiveness of the EBOSS framework. Go ahead and fill up this form right here and we’ll send you a copy.

And so, whatever framework you decide to implement, it’s very important you make it part of the business culture at your organization. Make it an everyday routine and get everyone in the company involved with your chosen framework.

And for the skeptical of change, ask yourself: What has cynicism truly achieved for you, except keeping you in your comfort zone? 

The world is always waiting, always searching for the next big thing. What will you come up with next?