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Growth Strategy

Marcus will diversify the company's offerings to hit two different types of customers initially. This will help to reduce its vulnerability to economic downturns.

- The custom design line for interior designers will continue as before.

- The new Quick Ship Line will offer Read More

Unfortunately it quickly becomes apparent that the owner, former personal trainer Erik Leander, is going to be very tough to reason with. His reaction to almost everything is to go into combat mode. On top of that he displays a painful lack of understanding as to what's acceptable public behavior. Read More

Business growth is not an option you can afford to pass on. In today's economy a small business either masters growth strategies or it dies. This is why the vast majority of startups are out of business within five years.

Here we review the six most common small business growth strategies an en Read More

Marcus Formulates a Growth Strategy for Standard Burger

In this week's episode our hero Marcus travels to Staten Island to visit Standard Burger after almost two years of pleading by Sammy who is one of the owners. There he finds a single location burger joint that's serving mediocre food and lo Read More

In the land of the blind, the one-eyed man is king.- Desiderius Erasmus

Your best shot at surpassing the 100 million milestone comes from jumping into chaos. Tycoons view chaos as opportunity for the new comer. In chaos no longer can one rely on the past to predict the future. Most of the standa Read More

Let's face it, most "entrepreneurs" are not that impressive. The is because the vast majority are in reality BYOBers (Be Your Own Bossers). In a nutshell, they are people who couldn't qualify for or keep a decent paying job, so they created a small business that stayed small in order to have an inc Read More

Let's take a look at the three most common business growth strategies that afford you a shot at surpassing $100 million in net worth.

1. The most commonly thought of strategy in the Internet Age is to come up with a technology, product, or platform and focus on building a single company around i Read More

As background, Tonnie learned how to bake cupcakes from his mom and started a business baking them in 2006 in New York City. Initially things went well for the business as it won accounts with Macy's and Bloomingdales. It even expanded to three stories. Unfortunately, Tonnie is a bad manager and as Read More

Marcus Lemonis and Unique Salon & Spa

This was a surprisingly drama-free episode. It’s also the stuff of a typical Harvard Business School case study. In other words, it’s not a particularly interesting business but some good lessons do await us. Read More

Marcus Explores Growing West End Coffee Company

Despite the fact that this was another walk out by Marcus it offers some valuable business lessons, including one big one.

Background

West End Coffee Company is roasting operation located in Greenville SC, serving local restaurants and specia Read More