growth | 3 ways to grow your business

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GROWTH Compiled by Jason Leo Carvalho 3 Ways To Grow Your Business: How to create consistent growth today!

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This is a compilation of best practises I have found globally on Growth. Version 1.0

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Page 1: Growth | 3 Ways To Grow Your Business

GROWTHCompiled by Jason Leo Carvalho

3 Ways To Grow Your Business: How to create consistent growth today!

Page 2: Growth | 3 Ways To Grow Your Business

Who Am I? • 12 Years | Customer Acquisition • Founded & Sold 2 Companies • 1st Employee to 3 High Growth • Sold $57M worth of Product &

Services in the last10 yrs. • Currently Co-Founder & Chief

Operating Officer of SF based StandDesk.co & Co-Founder of sleep app DiscoverShadow.com

• Board of Directors| Douglas College

• 2012 Business In Vancouver Top 40 Under 40 Award Recipient

Page 3: Growth | 3 Ways To Grow Your Business

High Growth Companies

$500K-40MM 3 Years

$500k-10.5MM 1.5 Years

$0-1.1MM 6 mo

Page 4: Growth | 3 Ways To Grow Your Business

STARTER

Page 5: Growth | 3 Ways To Grow Your Business
Page 6: Growth | 3 Ways To Grow Your Business
Page 7: Growth | 3 Ways To Grow Your Business
Page 8: Growth | 3 Ways To Grow Your Business

Most entrepreneurs spend, on average, 65% of their time developing or working on their product or

service, 25% of their time on business operations and a measly 10% of their time on sales &

marketing.

=#time-to-evolve

Page 9: Growth | 3 Ways To Grow Your Business

65% of your time, overall, should be spent sales & marketing, 25% improving and developing new products/services,

and 10% on your operations.

Page 10: Growth | 3 Ways To Grow Your Business
Page 11: Growth | 3 Ways To Grow Your Business

3 Ways to Grow A Business

• Increase the number of customers (clients).

Page 12: Growth | 3 Ways To Grow Your Business

3 Ways to Grow A Business

• Increase the number of customers (clients).

• Increase the average transaction value. -Increase product quality -Increase sku line of multiple products / bundle

Page 13: Growth | 3 Ways To Grow Your Business

3 Ways to Grow A Business

• Increase the number of customers (clients).

• Increase the average transaction value. -Increase product quality -Increase sku line of multiple products / bundle

• Increase the frequency of repurchase -get more residual value out of each customer

Page 14: Growth | 3 Ways To Grow Your Business

1000 $100 2

SMALL Company - Example Increase the # of customers

* *

Increase the Average Dollars

Per

Increase TheRepurchase Frequency Total

=

2.2

$200,000

Page 15: Growth | 3 Ways To Grow Your Business

1000 $100 2

SMALL Company - Example Increase the # of customers

* *

Increase the Average Dollars

Per

Increase TheRepurchase Frequency Total

1100 $110 2.2

10% Increase

* *

10% Increase 10% Increase 33.1%

=

=

$266,000

2.21330 125 3

$200,000

Page 16: Growth | 3 Ways To Grow Your Business

1000 $100 2

SMALL Company - Example Increase the # of customers

* *

Increase the Average Dollars

Per

Increase TheRepurchase Frequency Total

1100 $110 2.2

10% Increase

* *

10% Increase 10% Increase 33.1%

=

=

$266,000

2.2

33% Increase

* *

25% Increase 50% Increase 250%

= $500,0001330 $125 3

$200,000

Page 17: Growth | 3 Ways To Grow Your Business

10,000 $100 2

Larger Company - Example Increase the # of customers

* *

Increase the Average Dollars

Per

Increase TheRepurchase Frequency Total

11,000 $110 2.2

10% Increase

* *

10% Increase 10% Increase 33.1%

=

=

$2,660,000

2.2

33% Increase

* *

25% Increase 50% Increase 250%

= $5,000,00013,330 $125 3

$2,000,000

Page 18: Growth | 3 Ways To Grow Your Business

EXERCISEApply the formula to your business.

(10% Increase in Your Customers) x (10% Increase

in Average Dollars Per sale) x (10% increasein repurchase frequency) = YOUR TOTAL

Page 19: Growth | 3 Ways To Grow Your Business

“What distinctions, principles, or stories did you learn so far that can absolutely

change your business forever?

What actions can you take to implement those ideas?”

Q:

Page 20: Growth | 3 Ways To Grow Your Business

THANK YOU@jasonlcarvalho

Page 21: Growth | 3 Ways To Grow Your Business

Profit vs Growth • Soft Economy = Conserve

Cash

• More Complex or Defensible your business is the less speed becomes an issue.

• Smaller Market = Few survive.

• Positive Financing Climate = accelerate growth by accessing investors.

• B2C Business Need to Think “Faster” than B2B given consumer behaviour vs corporate behaviour

• 1st Mover = A+

• Larger Market = Everyone Can Thrive.

Page 22: Growth | 3 Ways To Grow Your Business
Page 23: Growth | 3 Ways To Grow Your Business