Growing pains are an inevitable part of any business, land investing included. You hit a plateau and growth halts until you make the necessary expenses to get your business climbing upward once again.
Join Mark and team geek:
- Erik Peterson
- Aaron Williams
- Mimi Schmidt
- Tate Litchfield
- Scott Todd
…as they tackle the entrepreneurial dilemma of Growing Pains.
Mimi, who is facing this dilemma now, shares her hesitancy towards spending the extra money for processes that she’s gotten by without until now. Processes and services that include:
- Switching to paid services
- Setting up the website to collect down payments
- Increase mailings
- New marketing platforms
Mimi knows she needs to spend the money in order to get her business moving forward again, but the money sure looks good in her bank account each month.
I’ve seen businesses where they try to grow but at the same they try to cut their expenses and you cannot grow while cutting expenses; the two do not go hand-in-hand. -Scott Todd
Listen in as the team shares their thoughts and valuable advice that help Mimi overcome her growing pains and leave her feeling confident in how to move forward.
TIP OF THE WEEK
Mimi: For those who have property near the water, check out the FEMA Flood Zone GIS Map. You can put the address in there without a house number, and see where the flood zone is.
Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?