Brandon Dawson: 97% of Startups Fail! How to Beat the Odds and Scale to 9 Figures | Entrepreneurship | E364
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Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast
1h 19m
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97% of businesses fail out of 34 million, and most of them stay at 3 million or less. If the business is gonna grow and scale, the person in charge of the business must grow and scale.
Brandon Dawson is the co-founder and CEO of Cardone Ventures with Grant Cardone, and he's a serial entrepreneur who's built not one, but multiple companies into nine-figure successes.
I went and raised my first million. I made a hundred presentations. I was laughed out of most of them. I bought my first business. I had no idea what I was doing between 26, 27.
You ended up selling your next company for a lot of money, like 77 EBITDA. Why do you think you were able to sell it for so much?
Bootstrap your company, be in control of it, and learn to force the company to make money. And if the company doesn't make money,
There's sort of like a bottleneck or a plateau at three to five million that a lot of businesses hit. How do people get over this?
You shouldn't be trying to push your business by spending more money and by hiring more people and by buying more assets. You should be trying
Yap gang, get ready to 10 extra thinking, your money and your business. Today, we're joined by Brandon Dawson, an incredibly smart business scaling expert who went from being voted least likely to succeed in high school to now proving everybody drastically wrong.
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