The Truth About Why Some Businesses Thrive While Others Stall
Six years ago, Kevin had a dream.
He launched his own Registered Investment Advisory (RIA) firm just outside Phoenix, Arizona, believing it would give his family a better life. He worked long hours, built trust with his clients, and saw steady revenue growth.
But something wasn’t right.
Despite working harder than ever, Kevin felt like he was stuck on a treadmill. The business provided for his family, but it wasn’t truly changing their lives the way he had hoped. His wife still worked a demanding job, and their three young kids spent more time with babysitters than with their parents.
His biggest goal? To bring his wife home.
Across town, Eric faced a different challenge.
Eric owned a recycling business that specialized in collecting and processing metals, plastics, and cardboard. For years, he dreamed of expanding into multiple locations and turning his operation into a dominant force in the regional recycling market.
But despite steady demand, his growth had stalled. He was trapped in the day-to-day—handling logistics, overseeing employees, and putting out fires. The business was surviving, but it wasn’t scaling.
Like Kevin, Eric had a vision of something bigger, but the path forward wasn’t clear.
And that’s where most business owners get stuck.
They have ambition, but they don’t know how to turn it into real, scalable results.
If you’ve ever felt this way, keep reading. Because the difference between the businesses that thrive and the ones that stall isn’t luck—it’s how they act on their vision.
Are You Thinking Too Small? Most Business Owners Are.
What if the biggest thing holding you back isn’t your workload, your employees, or even your industry?
What if it’s your own thinking?
Napoleon Hill put it best in Think and Grow Rich:
“There are no limitations to the mind except those we acknowledge.”
That applies to your business right now.
Most financial advisors, contractors, dentists, and small business owners I meet have capped their vision before they even begin. They start out thinking, If I can just make $500K a year, I’ll be set.
But what if that’s the wrong goal altogether?
The business owners who build scalable, sellable companies don’t just focus on hitting revenue milestones. They focus on building a system that runs without them—one that creates generational wealth, long-term freedom, and the ability to walk away when they choose.
That shift in mindset is everything.
A study published in the Harvard Business Review found that entrepreneurs who set “stretch goals”—objectives that seem beyond their immediate capabilities—were 50% more likely to achieve exponential growth compared to those who aimed for incremental improvements.
The lesson? Your business will only grow as big as your vision allows.
The Six Steps to Transforming Your Business from a Job into an Asset
Kevin and Eric had a vision. But they had to execute differently to make it real.
Here’s how they transformed ambition into results:
Step 1: Define Exactly What You Want—In Tangible, Measurable Terms
- Kevin set a clear financial target: His firm needed to reach $1.5M in revenue with a team handling 80% of client interactions.
- Eric’s goal: Expand from one location to three while reducing his daily involvement to less than 10 hours per week.
Vague goals never work. Precision is power.
Step 2: Decide What You Will Give in Return
Hill also wrote:
“The only limitation is that which one sets up in one’s own mind.”
Scaling requires sacrifices and trade-offs.
- Kevin let go of control and started building a client acquisition system that didn’t rely on him.
- Eric invested in infrastructure—buying better processing equipment and securing long-term contracts with industrial clients.
The question is: What are you willing to change to create the business you actually want?
Step 3: Set a Definite Timeline for Growth
- Kevin committed to three years to bring his wife home.
- Eric mapped out a 24-month expansion plan with specific revenue milestones.
Success isn’t about luck—it’s about clear deadlines and relentless action.
Step 4: Create a Concrete Plan and Take Immediate Action
- Kevin hired a sales director to drive client growth and implemented a premium pricing model to increase revenue per client.
- Eric systemized his operations, making sure the business could function without his daily input.
Step 5: Write Your Vision and Review It Daily
A study by Dr. Gail Matthews at Dominican University found that people who write down their goals and review them consistently are 42% more likely to achieve them.
Kevin and Eric wrote their goals in clear, measurable terms and reviewed them every morning.
Step 6: Execute Relentlessly Until It Becomes Reality
The biggest difference between those who scale their business and those who don’t?
They don’t stop when it gets hard.
Kevin almost did.
- Six months in, his revenue wasn’t growing as fast as he had hoped.
- The new sales director struggled to close deals, and doubt started creeping in.
- He thought about going back to handling sales himself—until he realized that doing so would keep him stuck in the business forever.
Instead of retreating to what was comfortable, Kevin doubled down on refining the system.
Today, his firm is on track to hit $2M in revenue, and his wife recently left her job to be home full-time.
If You Want to Scale, You Must Think Like a CEO—Not an Employee
Ask Yourself: Are You Running a Business or a Job?
- If your business falls apart when you step away, you have a job, not a business.
- If you’re personally handling 80% of operations, your business isn’t scalable.
The only way to achieve true freedom and scale is to build a company that thrives without you.
A 2023 report by the Exit Planning Institute found that over 80% of business owners have 90% of their net worth tied up in their business—but fewer than 20% have a scalable model that makes it attractive for buyers.
What does that mean?
Most business owners can’t exit profitably because their business depends too much on them.
That’s a massive problem.
The solution? Stop thinking like an operator. Start thinking like a CEO.
Your Next Move: Are You Ready to Think Bigger?
Kevin brought his wife home.
Eric built his recycling empire.
Now, the real question is:
What do you want?
And more importantly:
Are you willing to think bigger and execute relentlessly until it happens?
If you’re serious about scaling your business and want to get clear on your next steps, schedule a strategy call today.
Most business owners don’t fail because they lack potential.
They fail because they don’t act boldly enough.
Don’t let that be you.
The post Why Most Business Owners Never Build the Freedom They Want – Are You Thinking Too Small? first appeared on Justin Goodbread.
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