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Carl-Gould-#70secondCEO-The Majority of Businesses are Stage 2 3
Manage episode 447693505 series 2943616
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The Majority of Businesses are Stage 2 & 3 Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results. The overwhelming majority of businesses are in stage two and three, right? 98.6% of businesses have less than 20 employees.
96% of businesses are under 1 million, and they tend to be stage two and stage three businesses. Once you get into stage four and above, these are businesses that do well over a million dollars. To go from stage three to four, you have to have a layer of employees called management, and that management is not revenue-generating. Right.
This is a big part of it because it's been a while since you've gone to your dentist and your dentist wasn't your dentist, you know, when you've gone to your accountant and your accountant wasn't your accountant. Right. And so there are a lot of businesses that are designed as owner-operated businesses.
And I get it. People will say, "Oh, my God, you don't have to be an owner-operator." Well, if you love what you do, why wouldn't you like and follow this podcast so you can learn more? My name is Carl Gould, and this has been your #70secondCEO.
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