EPISODE · Jul 8, 2024 · 59 MIN
#73 | Why Most SMEs Hit a Ceiling at 7 Figures (And What You Can Do About It)
Hitting seven figures is a major milestone—but it’s not the finish line. So why do so many businesses stall there?In this episode of the Hands On Business podcast, Hakeem Adebiyi sits down with Kevin Brent, award-winning entrepreneur and founder of BizSmart, to uncover the five key reasons businesses struggle to scale beyond that threshold. Drawing from decades of experience in strategy, consulting, and business growth, Kevin shares actionable insights to help you push past the plateau—and build a business that’s scalable, sustainable, and valuable.Learn the 5 most common barriers that stop businesses from scalingDiscover how to shift your mindset from founder to value-building CEOGet strategic advice on long-term growth, leadership, and exit planningTune in now to hear what it really takes to scale beyond seven figures—with clarity and control.Message me via DM on LinkedinBook a 30 min discovery call for the Healthcare Export Accelerator ProgrammeThis podcast is for clinicians turning medical devices into real businesses, with practical insight on go to market strategy, exporting, and scaling in international MedTech.
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What this episode covers
What are the reasons why businesses fail to scale beyond seven figures? Today’s guest will explain why and what to do to avoid this. We welcome Kevin Brent an award-winning entrepreneurial business practitioner and author with a focus on strategy, business development, and building value for business owners. He has combined senior-level pharmaceutical experience with strategy consulting, value-based management, medical communications, and e-business. He holds an MBA from INSEAD, has built four businesses and specialises in SMEs, business growth, and exit strategies. One of these businesses is called BizSmart, which was founded in 2012 with the aim of supporting business owners to build scalable, sustainable, and ultimately valuable businesses. In today’s episode, we're going to be talking about the five key reasons businesses don’t scale as high as they should. Kevin will discuss the major challenges to scaling a business and how to do so successfully. He will also explain things you really need to be thinking about as a business owner to get to where you want to be. Let’s pick on Kevin's brains to find out the five reasons businesses fail to scale beyond seven figures. 📝 For full show notes: https://thesalesaccelerationformula.com/how-to-turn-a-hobby-into-a-business (https://thesalesaccelerationformula.com/) 📺 Watch this episode on the Hands On Business Podcast: https://www.youtube.com/watch?v=7Juk70yWvbs 🔗Contact me on LinkedIn for the offer: https://www.linkedin.com/in/hakeemad (https://www.linkedin.com/in/hakeemad)
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#73 | Why Most SMEs Hit a Ceiling at 7 Figures (And What You Can Do About It)
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