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Best Practices of High Performance Entrepreneurs

2016 Hot100 ebook edition $12.44

Print edition  $34.50-US 


"BEST PRACTICES OF HIGH PERFORMANCE ENTREPRENEURS is the best blu
eprint, best roadmap, and best advice I've read."  

Jay Conrad Levinson, 
Author, "Guerrilla Marketing"
over 15 million sold; now in 43 languages.


This process has helped thousands of entrepreneurs accelerate profitable growth an average of 406% ($2M+), up to $250 million, and it can help you do the same.

Excerpts from Best Practices of High Performance Entrepreneurs

From "Best Practices of High Performance Entrepreneurs"

Best Practice #29.  The owners have at least $3 million in their retirement fund, within 10 years.

Most everyone laughs when they see this best practice, yet it is often one of the real keys to building a successful AND sustainable business.  Putting this as a critical goal for your business, changes WHAT you do and WHEN you do it.  It makes everything more urgent and more important to get results NOW, not just stay busy and hope it all works out in the future.  This is one of the keys to achieving our goals 10 to 20 years faster.

In addition to growing the business 5X-ASAP another great strategy is to use the “$3 Million More” process to build a $3 million protected and guaranteed asset in about 10 years.  This unique strategy was developed by Shawn Kieley, of Perfect Financial, and uses a novel cash flow system, to grow some portion of our business or family cash flow BEFORE we spend it. This is unlike most investments, where we have to put in money that is left over, and then park it for a long time.   

As an example, if our business or personal cash flow is $25,000 or more a month, then that’s enough to grow our Perfect Financial assets to $3,000,000 and more, in just 10 years.  It can also work with family cash flow, but the results vary depending on our budget.  It can work with incomes as low as $5,000 a month but more really is better. 

Lastly, too many entrepreneurs neglect the simple fact that no one is going to help us retire.  We are ultimately responsible for every last dime we need to live.  The older we are the less time we have to accumulate this amount of liquid assets.  Counting on the sale of the business to fund retirement, we must ensure that the business is worth enough, that it doesn’t decline in value and that there is a market for it when we want or need to sell it. If we don’t have this amount reserved for retirement, then we have all the more reason to earn another million dollars as soon as possible!

Hot100Business means Grow Faster Now!

Transform your business and increase net income $300,000 and more ASAP!
What would your business look like at this higher-performance level?
What can get your business there faster and better? This is a great intro to the Hot100-MBA ($1m-$25m) and 5X Entrepreneur (up to $1m) programs. 

  GROW FASTER NOW! Workshop

Fridays, four times a year, click to see dates

9:00AM, - 4:00PM
  Bellevue WA. No fee - $995 value

  Sponsored by Perfect.Financial and Banner Bank

Congrats to PopCap

Congratulations to John Vechey, of PopCap Games, who was named #7 on the Top 10 Young Internet Millionaires list ($60 million at age 28). Number 1 was the founder of Facebook.

News and updates:

Feb 2015 John Vechey starts Pluto VR company

Sept 2014.  John says goodby to Popcap after 15 years.  EA News.
Sept 2013
.  Bejeweled, the little game that keeps on giving. Business Insider article, The History of Bejeweled.

April 2012.  They won!  Popcap founders, John Vechey, Brian Fiete and Jason Kapala were nominated for the US Small Business Administration Entrepreneurial Success Award, by Corey Hansen, the founder of the Hot100Business Association.  The award is a recognition of a company that once received SBA assistance but now is so successful they are no longer a small business and are making major contributions in the community and the country.  They won the award for Washington State and the Northwest Region 10.  Congratulations!

July 12th, 2011.  Popcap officially sold to Electronic Arts for $1.3 BILLION; $650 million cash, $100 million stock, and $550 million in revenue trails.

RESULTS!

Hot100Business AWARDS TALLY

  • Top 10 Young Internet Millionaires - $60 million at age 28.
  • Inc Magazine – Inc 500/5000 America's Fastest Growing Private-Owned Businesses
  • Entrepreneur Magazine – Hot 100 Fastest Growing New Businesses
  • Business Journal - 100 Fastest Growing Private-Owned Businesses in the State
  • Business Journal – 50 Fastest Growing Minority Businesses
  • Business Journal – 25 Largest Minority Businesses
  • Ernst and Young - Entrepreneur of the Year Regional Finalist
  • US Small Business Administration
  • --Small Business of the Year - State and Regional
  • --Veteran Small Business Champion of the Year - National

  • --Entrepreneurial Success Award - State and Regional

  • 100 Best Places to Work
  • Many more would make these and other awards, if they applied.


A few of many examples: (The growth and sustainability of these businesses is not a guarantee your business will achieve similar results, but it's a good start.)

Business Services
     From $0 to $800,000 first yr, to $10 million/yr in 5 years (1,250%)
     Inc Magazine "Inc 500" in top 100
     Entrepreneur Magazine "Hot 100"
Business Services
     From $9.6 million to $41 million per year in 3 years (+400%)
     Inc Magazine "Inc 500"
Personal Services
     From $400,000 to $1.4 million per year in 9 months (350%)
     Ernst and Young Entrepreneur of the Year regional finalist
     Mayors' Small Business Award
Wholesale
     From $120,000 to $12 million per year in 4 years (10,000%)
     Inc Magazine "Inc 500"
     Business Journal "Hot 100," in top 10
Entertainment Software
     From $40,000 investment to $50 million/yr in 6 yrs (125,000%)
                                              to $250 million/yr in 10 yrs (600,000%)
     Ernst and Young Entrepreneur of the Year regional finalist
     SBA Entrepreneurial Success Award 2012
     Acquired for $1.3 BILLION!
Construction
     From $3 million to $10 million in 1 year (333%)
     SBA District Small Business of the Year
Social Mission Business Service
     From $400,000 to $1 million in one year (250%)
     SBA Region - Minority Small Business of the Year
     Business Journal "Hot 100"
Trade Contractor
     From $20,000 a month to $300,000 a month in 10 months (1,400%)
Financial Institutions Services
     From $1.2 million to $6.1 million in 12 months (500%)
     Business valuation went to $70 million (+$65 million, 1,400%)
Manufacturing
     From $800,000 to $1.6 million in 12 months (200%)
Custom Business Software
      From $1 million to $9 million/yr in 4 years.  (900%)
      Inc 5000 and Business Journal Hot100
      100 Best Places to Work and many other awards

 
 
 

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