What’s possible (and not possible) with regards to Business?
“Don’t fail to excel because your mom says you can’t. It’s just not a good enough reason… Massive, rapid, hyper-growth, is in fact very possible.” Roland Frasier
If you’ve ever felt like what you want to do might be impossible, or that it will take too long, or that “no-one has done it before so it’s probably a pipe dream”… this podcast series is for you. Roland establishes that to achieve exceptional things, you must first sincerely believe that what you want to do is actually possible. If you cannot even conceive and believe that the thing you want to achieve is possible, then your amazingly powerful brain will find a way to support you in that belief.
The truth is that there are very few things that are truly impossible.
In this episode, our host Roland Frasier joins us with MORE evidence that will inspire you to expand your possibilities and BELIEVE! Roland is known to be ‘The smartest guy in the room’ and this episode gives us a window into his mindset. One that will help you achieve so much more than you thought you could!
To help us examine the issues, Roland discusses the five categories of commonly held beliefs about Possibility, and we hone in today on the fourth of these; Fiscal Impossibilities.
- Legally mandated impossibilities (Episode 83)
- Physical impossibilities (Episode 85)
- Perceptual impossibilities (Episode 87)
- Fiscal Impossibilities (Today)
- Subscribe on Apple Podcasts for next week’s episode
Today, Listen for Roland’s examination of Fiscal Impossibilities
• You don’t have to grow your business like everybody else.
• Your friends and family and business advisors and attorneys and accountants and everyone else(!) may tell you it’s going to take 3 to 10 years… We argue that you can achieve your 10-year goals in 6 months (Peter’s argument), and I’m saying you can follow my 4 step plan to 10X your business in the next 12 months.
Listen for some hyper-rapid scaling case studies that support what Uncle Peter and I are saying and prove how fast it is possible to scale revenue, customers, and employees...
• Desktop Metal (3-D printing company) hit $1 billion valuation in 21 months.
• Groupon reached $1 billion in sales in just over 2 years.
• One year after launch, Google was answering 3.5 million search queries, per day.
• Tesla has hired 37,000 employees over the past 9 years.
• Grail (cancer-fighting company) was worth $1 billion a year and 9 months after it started.
• Electric Scooter Company, Bird, reached $1 billion valuation in only 2 months after its first funding round.
• Priceline reached $1 billion in sales in just over 2 years.
• Amazon scaled from 11 employees at start-up in 1997 to 614 just 2 years later. One year later it had 2,100! It then added 3,500 employees per year each of the 2 following years. And, here’s the whopper, Amazon added 335,200 new employees in the 2 years between 2015 and 2017.
• Groupon handled $2 billion in Billings in its first 2 years.
• LinkedIn reached 1 million users in its first 494 days of operations.
• Office Depot reached $1 billion in sales in less than 5 years.
• YouTube had 1 billion users in 8 years and 1 month
• Alibaba went from 0% to 84% of all eCommerce purchases in China in just 4 years.
• Facebook reached its first 100 million users in just 55 months and its 2nd 100 million 8 months later. It was worth $1 billion just over 2 years after founding and hit the magical 1 billion user mark 8 years and 8 months after it began.
• Juul (the vaping company) was founded in May 2015, and less than 36 months later it owned 72% of the e-cigarette market. It grew from its first funding round to a valuation of $10 billion in just 7 months.
• WhatsApp hit 1 billion users in 8 years and 6 months.
So, when you’re telling yourself that it’s impossible to grow your $10k, $100k, $1M or $10M business 10x in the next 12 months, just read through that list above and remind yourself of how much easier it is for you to 10x your business than it was for them, and just how very possible it is for you to make it happen in your business.
If you want more on this from Roland Frasier, visit our website and leave us your email, and be sure to subscribe on Apple Podcasts for the next installment in this series. We have snack size episodes on Mondays with Roland and longer ‘sit down’ business lunch episodes on Wednesdays.
References and Links Mentioned:
Peter Thiel
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