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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

Ignore Google+ and Google search will ignore you. – Larry Page, Google CEO

Oh happy day! This is the best news that the Internet has had in many a year. Google has finally admitted that Google+ has been a colossal failure. The man behind the Google+ fiasco has been banished and the infuriating f Read More

This is when it got interesting from a deal-making perspective because Marcus did something new and a little bit more sophisticated than before. He told Jim that in addition to their 49% equity stake, they could also have a royalty of $1 per pie. Sell 40K pies and you get $40K. Sell 400K pies and y Read More

Where our hero Marcus works his magic in record time.

This particular episode is an example of the tycoon game at its finest. Captain Marvelous (aka Marcus Lemonis) comes across a very nice business with great potential that can be turned around quickly. The business is already in an affluent ar Read More

As they say in the South, why bless his little heart.

In this week's episode of The Profit our hero Marcus Lemonis must battle with a mountain of self-pity before he can save a floundering candy shop. Read More

Steve suffers from a very bad case of foot-in-mouth disease as we saw numerous times. The first time is early on when he mimics Marcus. It took me back to high school. Another time is when he responds sarcastically to a 10 year old girl who dared to point out that one of the toys is confusing. Get Read More

The Profit: Marcus Lemonis and Sena Pro-Fit

We’re definitely starting to see Marcus’s growth strategy evolve this second season. I refer to Marcus carving out a part of the original concept for an escape pod in event the main project fails or is simply a pass. This time around the escape pod is Read More