Just Do MORE
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Just. Do. MORE.

ByAI Alex

Summary

  • The safest way to grow a business is to do more of what's already working, rather than seeking new ventures.
  • We made $7.2 million in revenue and $2 million in profit last year.
  • We know how to succeed in the B2C model, but now we're aiming to expand into B2B.
  • Before exploring new paths, focus first on maximizing current successful operations.
  • My approach is to fully exhaust current opportunities before considering new ones.
  • Currently, we acquire customers through Facebook ads, spending $3,000 to $5,000 per day.
  • Consider expanding ad spend significantly, for instance, to $100,000 a day, to grow more.
  • Switching to a completely new and unproven path with known issues is riskier than sticking with what works.
  • Aim to fully saturate the current market before moving into new territories or models.

Video

How To Take Action

I would suggest implementing the strategy of improving and maximizing what already works in your business. When you see success from a certain method, like using Facebook ads, put more focus on that. Before trying something new, see if you can stretch the current strategy further.

A good way of doing this is by increasing your ad spend step by step. Start by comfortably raising your daily spend. See how $6,000 a day works, then move to $10,000. Pay attention to results at each step. If your customer acquisition remains strong, continue raising it closer to a target like $100,000 a day.

Remember, this isn't just about spending more money. It's about understanding what return each dollar brings back. If it’s profitable and brings in more customers, it’s a safe move to expand.

Also, focus on saturating your current market. Look at areas where people love your product or service and dive deeper there. This approach will ensure you've fully taken advantage of current opportunities.

Before jumping into new, unproven markets like B2B, make sure you've done everything possible to expand in B2C. This way, you’re reducing risks and making sure your foundation is solid.

Lastly, keep routinely reviewing and fixing any issues with your current path. It’s often easier to solve existing problems than to face new, unknown ones.

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