Alex Bass
๐Ÿ‘ผ
Alex Bass

Growth Stats From My First Decade In Business

I've been running a solo business for over a decade (2010). Here are some stats...

Revenue Growth:

  • Y2: Low 4-Figure Rev

  • Y5: Low 5-Figure Rev

  • Y7: High 5-Figure Rev

  • Y8: Low 6-Figure Rev

  • Y10: Low 6-Figure Rev (Recurring)

  • Y12: Medium 6-Figure Rev (60% Recurring)

My wife (@AndraVomir) joined me Y12

How I Spent My Time:

I tracked my time daily. Here's what Y6 (2016) vs Y12 (2022) looks like:

Year 2016 Time Tracked
Year 2022 Time Tracked

You can see how much of my time transitioned from Sales (Y6) to Support/Consulting/Automation (Y12). These are focused hours supplemented w/ automation. (2 focused hrs โ†’ an average person's 8-hour workday)

Pivots (Service Offering Evolution):

  1. Y1-2: Web Design Y3-4: Web Design & Search Engine Marketing

  2. Y5: IT Services (Hourly Break/Fix)

  3. Y6-7: Managed IT Services (MSP)

  4. Y8-9: Business Process Automation + Software Integration (BPA+SI) & MSP

  5. Y10-11: Same As Prior, Just Dropped Legacy Customers

  6. Y12: Dropped the MSP component, focusing exclusively on BPA+SI

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