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Excerpt from the book: "Best Practices of High Performance Entrepreneurs"

 BP#29 of 300. The owners have at least $3 million in their retirement fund, within 10 years.  
Most everyone laughs when they see this best practice, yet it is often one of the real  keys to building a successful AND sustainable business. Putting this as a critical goal for your business changes WHAT you and your team do, and WHEN you do it. It makes everything more urgent and more important to get results NOW, not just stay busy and hope it all works out in the future. This is one of the keys to achieving our goals 10 or 20 years faster.   


In addition to growing the business 5X-ASAP another great strategy is to use the  “$3 Million More” process to build a $1 million-to-$4 million protected and guaranteed asset in about 10 years. This unique strategy was developed by Shawn Kieley, of Perfect Financial, and uses a powerful financial management strategy, to leverage existing business or personal cashflow, before we spend it. This is unlike other investment systems, where we have to put in money that is left over, and then park it for a long time, and pray it's still there later.    

As an example, if our business cash flow is typically $500,000 a year, then it is often enough to acquire an additional  $1 million, in as little as 10 years. For businesses with annual revenues of $2 million or more, it can be as high as $4 million, in about 10 years. This is in addition to any other investments, not a substitute. It can also work with family cash flow, but the results vary depending on budget. 

Lastly, too many entrepreneurs neglect the simple fact that no one is going to help us retire. We are responsible for every last dime we need to live the way we want now and in the future. The older we are, the more urgent it is to get reliable results. Counting on the sale of the business to fund retirement, we must ensure that the business is worth enough, that it doesn’t decline in value, and that there’s a real market for it when we want or need to sell it. Until we have $3 million and more, reserved for retirement, then we have all the more reason to make sure we are building a business that can earn another million dollars, as soon as possible.  

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GROW FASTER NOW

When can a few bucks make you millions?  If you said buying lottery tickets, then good luck!  We say reading "BEST PRACTICES OF HIGH PERFORMANCE ENTREPRENEURS" can help make you millions in profit faster, WHEN...you aggressively implement these "Best Practices" proven to accelerate growth. This isn’t an academic study or theoretical presentation. It‘s a step-by-step process that's been used to create some of the "Fastest-Growing Businesses" in the country. See the list below for results of real businesses, just like yours. Read the book and take the Hot300 assessment, and see what it takes for you to build one of the fastest growing businesses in the country, starting now! 

Examples of Hot100Business Success

 Hot100 and ​5X  Awards Tally 

  • Top 10 Young Internet Millionaires
    • $60 million at age 28, then sold for $1.3 BILLION
  • Inc Magazine – Inc 500/5000 Fastest Growing Private-Owned Businesses
  • Entrepreneur Magazine - Hot 100 Fastest Growing New Businesses
  • Business Journal
    • 100 Fastest Growing Private-Owned in the State
    • 50 Fastest Growing Minority Businesses
    • 25 Largest Minority Businesses
  • Ernst and Young - Entrepreneur of the Year Regional Finalist
  • 100 Best Places to Work
  • US Small Business Administration
    • Small Business of the Year - State and Regional
    • Veteran Small Business Champion of the Year
    • Entrepreneurial Success Award 
  • Many more would receive these and other awards, if they had chosen to apply.

REAL EXAMPLES OF SUCCESS!
A few of many examples: (The growth and sustainability of these businesses is not a guarantee your business will achieve similar results, but it's a good start.)


Business Services Startup

  • $0 to $800,000 first year,
  • to $10 million/year in 5 years (1,250%)
  • To $36 million in 10 years (4,500%)
  • Inc Magazine "Inc 500/5000 Fastest Growing Private-Owned Companies (8 of the last 9 years!)
  • Entrepreneur Magazine "Hot 100" Fastest Growing New Businesses in the US

Business Services

  • $9.6 million to $41 million in 3 years (+400%)
  • Inc Magazine "Inc 500/5000" Fastest Growing Private-Owned Company

Women-Owned Personal Services

  • $400,000 to $1.4 million per year in 9 months (350%)
  • Ernst and Young Entrepreneur of the Year regional finalist
  • Mayors' Small Business Award

Wholesaler Business

  • From $120,000 to $12 million per year in 4 years (10,000%)
  • Inc Magazine "Inc 500/5000"
  • Business Journal "Hot 100," in top 10

Entertainment Software

  • From $40,000 investment to $50 million/year in 6 years (125,000%)
  • to $250 million/year in 10 years (600,000%)
  • Ernst and Young Entrepreneur of the Year regional finalist
  • SBA Regional Entrepreneurial Success Award
  • Acquired for $1.3 billion!

Trade Construction Company

  • From $3 million to $10 million in 1 year (333%)
  • SBA District Small Business of the Year

Social Mission Business Service

  • From $400,000 to $1 million in one year (250%)
  • SBA Region - Minority Small Business of the Year
  • Business Journal "Hot 100"

Manufacturing

  • From $800,000 to $1.6 million in 12 months (+100%)

Custom Business Software

  • From $1 million to $9 million/year in 4 years.  (+900%)
  • Inc 500/5000 and Business Journal Hot100
  • 100 Best Places to Work and many other awards

And many, many, other success stories, to help accelerate your success. ​