The biggest lie in the world of business...

03/05/2023

Table of content:

There’s a big lie going around you need to know about!

Don't reduce your expenses...

The only way to grow your business is to accelerate!

There’s a big lie going around you need to know about…
 
It’s especially popular in economic contractions like we’re in now…
 
…which makes it all the more urgent that I warn you if you want to grow your business and create wealth.
 
Because people are scared.
 
Most business owners are gearing up and “bunkering down” for tough economic times.
 
They’re shedding “excess weight”... tightening up the purse strings and cutting expenses to weather the storm.
 
But they’re selling their souls for a lie.
 
A lie that could utterly destroy their business (and yours too).
 
It’s this:
                                                                                      Don't reduce your expenses...  
To grow my business I need to reduce my expenses.
 
In other words, they’re retreating.
 
But let me ask you…
 
When was the last time retreating gave you any expansion?
 
Can cutting costs help you grow a family?
 
Can cutting back on study time increase your learning?
 
Can cutting your marketing budget increase your presence in the marketplace?

 
Of course not.
 
Retreating can only reduce your activity.
 
Retreating can only shrink your business.
 
And the results speak for themselves…
 
A lot of businesses that go into “bunker mode” never come back.
 
They cut themselves off hang on as long as they can but ultimately die a drawn out, painful death.
 
The only way to grow your business is to accelerate!
 

No slowing down…
 
No retreat…
 
Just pure full-speed-ahead acceleration
.
 
Let me break it down...
 
There are 4 main ways to accelerate your business:
 
- Sell more stuff.                                                  
- Add new customers.                                                                                                                           - Increase prices.                                                                                                                                   - Raise money.      

And none of those options allow for retreat…                                                                They all demand increasing your activity, spending more time, money and effort to fill the void your competitors leave behind when they retreat.                                                                                                            That's why economic troubles are massive opportunities to expand your business. While everybody else is pinching pennies thinking they're "smart…", you'll be dominating the industry and showing them they're actually acting like idiots.                                

Look, your business grows when you decide to expand — no matter what.

-Grant Cardone

Summary:

The more that you read, the more things you will know. The more that you learn, the more places you’ll go. The more that u act, the more money you will make.

Thank you for reading!


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