The Big Hairy Audacious Goal. 10x 2018 Revenues by 2028. Profitably. Let’s say my 2018 revenues were $1,000,000 (this is not my revenue, but it’s a nice easy number to work with). In 2028, that’s $10,000,000. That’s a compounded average growth rate (CAGR) of 26% for 10 years. If I tried to do this in …
Category Archives: Finance
Strategy, Cash, and Value
When I was in business school, we spent a lot of time thinking about strategy. I learned to analyze an industry using Porter’s 5 forces. We talked about Judo tactics in business. I really enjoyed the classes. I’m a small business owner now. I own an adult day and home care business. From an industry …