Want to Raise Capital within 90-120 Days?
Sven Milder
July 11, 2023
Reading Time: Approximately 2 Minutes
How to Grow Any Business Lightning Fast?
Hey.
In the last 8 weeks, I've achieved two business acquisitions—an e-commerce DTC business and an ISP (internet service provider).
Now, the burning question arises: What strategies can we employ to catapult this business to success rapidly?
In today's newsletter, I'll share quick insights that will take you under 5 minutes to grasp:
✅4 Business Growth Levers at Your Service
✅How to Grow Any Business Lightning Fast
✅ The Key to Successful Consolidation before Massive Growth
✅ 2 Methods to Expand Your Business into South East Asia with Viktor Kyosev
Divider
To provide valuable content for all Founderstribe members, I always seek partnerships with businesses that bring benefits to our community.
This week's sponsor is Osome.
Are you looking to do business in South East Asia?
Then Singapore is the ideal hub for you, with its ease of market entry, business-friendly environment, and access to capital.
Osome offers seamless digital company incorporation in Singapore. I personally work with them, managing five of my ventures with ease.
As a cherished FoundersTribe member, you can claim a special S$150 off on your setup by clicking the image below.
4 Growth Levers at your Service
First, determine your primary goal.
What is your plan with your GROWTH
✅ Seeking for equity funding? Then focus on Revenue Growth.
✅ Attracting interest-based funding? Then Prioritize Margin Growth.
✅ Propelling word of mouth? Then Concentrate on User Growth.
✅ Aiming to exit your business? Then target EBITDA Growth.
Now, let's explore some growth ideas, bearing in mind that working on one lever may impact others:
For Revenue Growth:
✅ Increase your prices by 5-10%—your customers won't likely notice.
✅ Acquire your competition—the easiest way to boost your topline
✅ Focus on customer retention—selling more to existing clients is easier than acquiring new ones.
For Margin Growth:
✅ Renegotiate for a 10% cost reduction and longer payment terms with suppliers.
✅ Optimize your supply chain—remove, simplify, or automate processes.
✅ Focus on high-margin products (digital) and phase out low-performing ones.
"In the pursuit of success, focus on customer retention—it's the key to selling more and scaling your business lightning fast."
💼💪
Sven Milder
For User Growth:
✅ Advertise low-cost products at the front end, leading to clear back-end upsell opportunities.
✅ Kick off an affiliate or referral campaign with existing customers.
✅ Expand and enter new markets.
Implement margin & revenue growth strategies, you'll witness improvements in both your top and bottom lines, leading to better company health and EBITDA Growth."
Sven Milder
Consolidate Before Firing Up Your Growth Engine
To ensure a successful turbo growth, prepare your team and systems beforehand:
✅ Share your growth plans and goals with your team to gain early feedback and buy-in.
✅ Analyze the impact on your back-office, cloud space, and processes.
✅ Battle-test your systems and processes to maintain a seamless customer journey.
"Embrace simplicity and catapult your business growth by doing more of what works and less of what doesn't."
Sven Milder
2 Methods To Explore Geographical Expansion
Last week I spoke with Viktor Kyosev who is a true specialist when it comes to market entry in Southeast Asia
Next to his demanding job as Chief Of Staff at Docquity he is supporting founders with their market entry.
I recorded an 18-minute Founders MBA with him giving you insider tips and tricks how to expand to Southeast Asia the easy way
FoundersTribe Pro Members watch Founders MBA with Viktor Kyosev.
FoundersTribe Pro Members. You may watch the 15-Min Founders MBA in founderstribe now.
Want Free Founders Tribe members sign-up for Founders Pro today for $14,99 p/month or $99,- per year. Interested to discover all other extras, check them out here.
South East Asia offers a massive business growth opportunity for founders of all kinds, specifically in the b2b tech, and online space. But before just setting up shop in a region where you don’t have (yet) clients, teams and partnership you want to dip your toes in the entrepreneurial waters first before allocating your budgets.
For those craving more than "just business growth," I have two methods to grow your business in South East Asia:
✅ Fly-in Fly Out: Costing $25,000 per year, this method involves trade show visits, client and partner meetings, and community connections.
✅ Hiring and Outsourcing Business Development Team: For $125,000 per year, this option will help you gain early sales traction with an outsourced sales team on the ground.
For a rewarding ROI on your Singaporean set-up, I highly recommend incorporating quickly and affordably with Osome's remarkable team. You can get your business incorporated for as low as SGD2400. Use my referral code for an additional S$150 discount on your incorporation.
That wraps up this week's newsletter.
Have a magical day! Cheers, Sven
3 Ways to FAST TRACK Your Business Growth:
✅ GetFundedFormula Workshop: Discover how to raise capital in under 9 days in a 7-hour session. Founderstribe Price: Just$67.
✅ Work 1-1 with me & my team to Raise Capital: With a track record of 300+ clients, $140M in capital raised, $100M in acquisitions, and access to over 20,000 investors, we can fast track your capital raise.
✅Book me as a podcast host, speaker, or sponsor of this 1000+ Founders newsletter.
