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Fixing this is so hard you can see it in the results — most US businesses never break $1mm/yr in revenue. That’s about the most that one person can generate. 4/x
With you on everything except the $1mm. Today, with the internet, outsourcing, and automation a single person can easily break $1mm by themselves.
For sure. It’s a rule of thumb! Higher in many industries and lower in others. But the rule of thumb that there are inflection points in each business at about $1mm, $10mm and $100mm is something I believe in. You have to be a different company at each phase.
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