Kent discusses the importance of structure when it comes to building and designing a highly-profitable company, and the four phases that every business needs to go through when it comes to growth.
People often want to become rich, but the concept itself has been hijacked. People now feel a sense of guilt for wanting to be wealthy, when this should not be the case.
Generating wealth is the art of making money without spending money. It’s about putting the tools and resources you have at hand to better use.
Think about what you are doing for your people, and how you are making the world better. This is truly the legacy that will last, even when we’re no longer around.
Once we have a product, the temptation is to jump straight into sales and marketing. This turns the fledgling product into a spend, and not an investment.
‘There is no greater profit-shredder in a company than sales and marketing’
‘In Texas we call them the “Thousand Dollar Millionaire”‘
‘Systems combined with the right people and the right seats is the stuff that’s going to get you to where you want to be’
‘You have to learn how to create wealth in your business. You have to learn how to make money without spending money’
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Ken Billingsley LinkedIn – https://www.linkedin.com/in/kent-billingsley-6b02a7/
ABOUT THE HOST
My name is Nick Bradley. I’m an entrepreneur, author, speaker and investor. My background is in growing and scaling VC and Private Equity backed businesses.
Having successfully built, bought and sold a number of companies, and removed myself from day-to-day operations, my focus now is on helping entrepreneurs get to where they want to be, in business and in life. As well as investing in growth businesses and backing turnarounds – with the ultimate aim of creating value from significant capital events.
I’m passionate about personal and professional development – showing up and being the best version of myself … every day.
My bigger vision is to help bring entrepreneurial skills, experience and mindset to people in developing nations – so they can follow their dreams, live life more on their terms – utilising entrepreneurship as a global force for good.
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Scale Up Your Business website: www.suyb.global