Zero to Ten

Question 1

How to grow from zero to ten million. Lesson 1

Answer 1

1. Cash is king. Manage your cash
2. Build your product. But MARKETING is essential. Clarify the message.
3. Create Marketing Sales Funnel
4. Build a Hiring Plan. But don’t start right at the beginning. You need a hiring tree - who you’re going to hire to do what

Question 2

Manage Cash Flow

Answer 2

4 separate accounts: Operating Expense, Taxes, Profit, Personal Checking. Profit account serves as a safety net. If you have to move money back from the profit account, it’s a signal that something needs to be checked.

• Devine the payroll amount for the operating expenses
• Anything above that is moved forward and shared between taxes and profit
• Pay into your checking account from the operating account as a salary

Question 3

How to grow the revenue

Answer 3

1. Clarify your marketing message

2. Make a recurring revenue stream. Think of something that can be charged monthly (subscription based)