When you think about growing companies, the most common ways are to get more new clients, to buy from you more frequently, and to a more significant size. Now there are other ways to grow a business, slightly more advanced ways. One of those is through acquisitions. It’s just not often talked about because it’s misunderstood, and people think it’s harder than it is, and so forth.
Episode 184: Advanced Strategies for Building a Thriving Business Empire
In this episode of Beyond 7 Figures, there are three of us. Elliot and Dom Chapman are the co-founders of Chapman Capital. Together they have built a group of successful agencies across the UK and the US through growth and strategic acquisitions. Elliot and Dominic have combined their expertise and experiences to build a thriving business empire. They continue acquiring more agencies that serve clients globally.
Key Takeaways:
- Acquisitions can be a powerful tool for value creation, recurring revenue, and IP
- Recurring revenue is essential for building a thriving business empire
- Leveraging tech-based businesses can be a powerful way to stay ahead of the competition
- Centralized cost centers can streamline your business operations and reduce costs
- Productizing services can be a powerful way to scale your business and create a more sustainable revenue stream
- Mastering the sales cycle is essential for building a thriving business empire
- Define your ideal customer, make a sales funnel, and build trust to master the sales cycle
All this and more, on this week’s episode of Beyond 7 Figures.
Resources:
- elliot@chapman.capital
- https://www.linkedin.com/in/dlechapman/
- https://www.linkedin.com/in/elliotchapman/
Did you catch our last episode?
Stay tuned next week when we talk about efficiency in e-commerce logistics feat. Kevin Gibbon. So, don’t forget to subscribe to the show to get that episode as soon it gets released. Until then, be profitable.
