The 10 Factor for Small Business Growth with Tim Meuchel.
The 10 Factor for Small Business Growth with Tim Meuchel. Tim also shares his entrepreneur story. Tim is an entrepreneur, bestselling author and podcast host. He shares the 10-Month Success Blueprint (starting at 38:00) to help consultants and entrepreneurs create a thriving small business built around their ideal lifestyle. He is the author of the book “The 10 Factor: From Struggling to Thriving Business in Ten Months”, and the host of the podcast “The 10 Factor: From Struggling to Thriving Business”.
Tim Meuchel is the creator, bestselling author, and podcast host of The 10 Factor. Using his 10-Month Success Blueprint, Tim helps consultants and entrepreneurs create a thriving business built around their ideal lifestyle.
Like many successful entrepreneurs, Tim failed his way to success. In 2008, he lost $334,200 after resigning from a twelve-year corporate management career to pursue his]side business full-time. His business grew exponentially, but one bad business deal left Tim’s company almost bankrupt. Tapping into emergency funds, he fought back and restructured the business; resulting in a new profit producing model requiring less than 40% effort.
Seeing an opportunity to give back and help other struggling entrepreneurs, Tim reverse engineered his process, validated it with top entrepreneurs, and created a 10-Month Roadmap – The 10 Factor. Now, Tim can enjoy the life he dreamed with his three children while helping other entrepreneurs with kids do the same.
Tim lives in the Baltimore, Maryland Area.
The 10 Factor for Small Business Growth with Tim Meuchel
- What were some of the things (business practices) that led you to near bankruptcy?
- “The Easy Decision” – pursuing a path your really don’t want to be on, chasing the money?
- Regaining Focus When Your Life Is Falling Apart.
- Surviving Life’s Challenges When You Have Kids and a Small Business.
- How to Manage Time After a Major Life Change.
- Please introduce The 10 Factor From Struggling to Thriving Small Business:
- Please introduce the 10 steps (10 month Success Blueprint) at a high-level:
- 1) Focus 2) Assess 3) Commit 4) Take Calculated Actions 5) Optimize 6) Reassess 7) Scale 8) Take Steps to Sustain 9) Enjoy 10) Never Forget
- What is your dream? But my dream is to make more money!
- Does your expertise align with you dream? Can I learn how to do it?
- Surround yourself with an all-star team.
- Please introduce the 10 steps (10 month Success Blueprint) at a high-level:
- What does it typically look like when one of your clients successfully executes The 10 Factor?
- Why do some entrepreneurs fail at this?
More About the Book: The 10 Factor
“Broke and struggling to pay the bills, I felt the weight of the world on my shoulders. My family was depending on me, and I did not want to let them down. My wife and I had a deep discussion and agreed that tomorrow is just an empty promise, but now matters. That day, I took the first three steps down the path of THE 10 FACTOR.” – Tim Meuchel.
If you are an entrepreneur ready to build a business around your ideal lifestyle, this book is for you.
As you take steps to build an Elite National Brand leveraging the latest technologies THE 10 FACTOR Roadmap will guide you to:
– FOCUS on results instead of information
– POSITION to align passion and expertise
– OPTIMIZE for maximum results and profit
– SCALE to create multiple income streams
Using his ten-month Success Blueprint, Tim helps consultants and entrepreneurs create a thriving business built around their ideal lifestyle.
Like many successful entrepreneurs, Tim failed his way to success. He lost $334,200 in 2008 after resigning from a twelve-year corporate management career to pursue his side business full-time. The business quickly grew 8X and within four months Tim’s wife quit her job as well. Ten years later she remains a Stay-at-Home Mom.
Several years after its exponential growth a bad business deal left Tim’s company almost bankrupt. Tapping into emergency funds, he fought back and restructured the business; resulting in a new profit producing model requiring less than 40% effort. Seeing an opportunity to give back and help other struggling entrepreneurs Tim reverse engineered his process, validated it with top entrepreneurs, and created a ten-month roadmap – THE 10 FACTOR.
[Source: Amazon]
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