Ep. 187 - Why Most Businesses Never Hit $1M Revenue: Top 5 Stumbling Blocks

Fewer than 5 percent of businesses earn over $1 million in revenue and only 11% have 20 employees or more. For many entrepreneurs, those are magic numbers to reach so they can experience greater freedom from the business. Reaching those revenue and staff milestones means they have the resources and team to handle business while they go off on a great family vacation for a month. 

Why do the majority of business owners stay stuck? The simple answer is they don’t have enough sales to build the team to handle business while they’re gone. But the real answer is deeper than that. 

This episode explores the top 5 reasons businesses stay stuck.

Want to live a better balanced life and win in marriage AND business at the same time? Purchase our book Tandem: The married entrepreneurs’ guide for greater work-life balance. https://www.thetandembook.com/

Need to create more time to dedicate to your marriage? Download this free guide. https://marriedentrepreneur.co/boundaries

Need some insight into how to balance it all? Schedule a free discovery call. https://marriedentrepreneur.co/lets-talk

Key Takeaways:

  • You’re wearing too many hats

  • You’re casting a wide net

  • Your margins are too small

  • You have people in the wrong seat

  • You aren’t resting

Robert & Kay Lee Fukui

Robert and Kay Lee blend family business and Fortune 500 experience to help entrepreneur couples build profitable businesses while creating additional margin of time to invest back into their marriages. Thus creating better balance between the work and home.

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Ep. 188 - The Inconvenience Of Great Leadership with Bob Beaudine

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Ep. 186 - Is Your Business An Idol? With Stu and Trish Fuhlendorf