Ep 8: How to Go from a Six-Figure to a Seven-Figure Business with Alexandra Cohen

🎙️Just wrapped up an incredible conversation on the Chris White Show with the inimitable Alexandra Cohen of ANC Consult, a boutique firm supporting small businesses with their growth strategies. From a litigation attorney to a business consultant, Alex’s journey is an inspiration for many aspiring entrepreneurs.

 

Our conversation explored the difference between six-figure and seven-figure businesses, the importance of a proactive planning mindset, and the significant barriers to the early-stage business cycle. 

Alex generously shared her own experiences and insights into the world of small business development and even revealed her favorite Nelson Mandela quote which serves as a motivational force in her life. 

🔑 Key Takeaways from the Episode:

1️⃣ The shift from a six-figure to a seven-figure business requires changes, including the way in scale, team expansions, and focus on bigger-picture tasks.

2️⃣ It's crucial to change from a reactive mindset to a proactive planning mindset to achieve growth and break free from the early stage business cycle.

3️⃣ Service-based businesses often follow the rule of thirds, where one-third of revenue covers overhead, one-third covers employees, and one-third goes towards net profit margins. 

Tune into the full episode to get the real scoop and plenty more business tips for growth and success! 

**Alex’s Featured Quote**

“There is no passion to be found in playing small - in living a life that is less than the one you are capable of living.” - Nelson Mandela

**Alex’s Book Recommendation**

Pamela Slim - Body of Work: Finding the Thread That Ties Your Story Together

https://www.amazon.com/Body-Work-Finding-Thread-Together/dp/1591846196 

Pamela Slim - The Widest Net: Unlock Untapped Markets and Discover New Customers Right in Front of You

https://www.amazon.com/Widest-Net-Untapped-Discover-Customers/dp/1264266790 

**Connect with Alexandra Cohen**

https://anc-consult.com/ 

https://www.linkedin.com/in/alexandra-n-cohen/

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