Creating a good business model is essential for any company to be successful. According to Investopedia, 33% of small businesses fail within the first two years, 50% fail within five years, and 33% make it to 10 years. Millionaire business growth expert Adam Stott facilitates a new and unique business model to empower more businesses to succeed.
Adam Stott is a 38-year-old Essex-born entrepreneur who has sold over £50m of products and services via social media. He founded Big Business Events, the UK's fastest-growing business members' network. BBE hosts training to help entrepreneurs at all stages of their business journey.
Facing business struggles
It can take time to get a business off the ground. Companies regularly deal with a wide variety of challenges. According to Stott, "Some businesses that experience these struggles often have this belief that business is hard and that maybe they can't do it. Because they see slow or no progress, they are convinced to work harder, not smarter".
A company needs to learn how to market itself to grow. Many businesses need essential data and branding tools to help with sales and client retention. It is also common for companies to have issues with financial management, cash flow, and growth planning. These start-up ventures need an expert to guide them in the right direction and provide an integrated, comprehensive marketing strategy.
Overcoming struggles with a unique business model
Stott claims this business model and proven strategies can boost profits by 60% or more. Using his guide, entrepreneurs can establish a simple, replicable business model. To maximize profits, he offers a system that focuses on the growth of business owners, the marketing of businesses, and a sales process that converts customers and generates repeat business.
"We have inspiring success stories of growth with clients in hundreds of industries that utilized our model. We also run the UK's most successful business growth masterminds and mentoring programs, such as Business Circle (how to start the business), Gold Circle (how to grow the business), and Inner Circle (how to scale the business)," Stott explained.
To grow their businesses, entrepreneurs should engage in more conversations with prospective clients and refine their messaging accordingly. To do so, they require new voices, new techniques, and new mentors to develop and grow.
Adam Stott's stellar portfolio in business coaching
Stott is an award-winning business coach and entrepreneur recognized by the Forbes Coaches Council and Amazon. His podcast, Business Growth Secrets, reached the top 10 podcasts worldwide. The national television show 'Rich House Poor House' featured him for two episodes in 2021 and 2022. As a prolific speaker, Stott has interviewed celebrities and business influencers such as Floyd May weather, Calvin Klein, Anthony Joshua, 50Cent, John Travolta, and Randi Zuckerberg.
With such remarkable accomplishments, Stott has amassed an exceptional portfolio and attained prominence in the business world. He believes his business coaching expertise and high-level business model technique can be the next source of business growth and success.