The Thoughtful Entrepreneur 1819 – The True Measure of Success with Boruch Akbosh
In this episode of the Thoughtful Entrepreneur, your host Josh Elledge speaks to the Business Mentor of Risepreneur, Inc, Boruch Akbosh.
Many entrepreneurs, especially owner-operators, reach a point where they feel burnt out and stuck, unable to make that crucial breakthrough in their business.
Boruch Akbosh has seen this time and time again, and he's made it his mission to help these individuals overcome the challenges that come with scaling up. His approach involves implementing processes that not only alleviate the workload but also speed up operations, ensuring that the business can grow without the usual pains of turnover and inefficiency.
One of the most striking points Boruch made was the importance of focusing on profits rather than just sales and revenue. It's a common misconception that high sales automatically equate to a successful business.
However, without healthy profit margins, the valuation of your business suffers, and it becomes less attractive to potential investors. Boruch stresses the need to evaluate both financial and operational indicators, as well as the quality of efforts put into the business, to ensure that every action taken is an investment in the future, not just an expense.
The journey to scaling up and increasing profitability can be daunting, but Boruch offers a lifeline in the form of resources, blueprints, and templates designed to help entrepreneurs elevate their businesses. These tools are tailored to assist in the strategic planning and execution of growth initiatives, making the process more manageable and less overwhelming.
Key Points from the Episode:
- Boruch Akbosh's work with entrepreneurs and owner-operators
- Overcoming challenges related to scaling up businesses
- Importance of focusing on profits over sales and revenue
- Evaluating financial and operational indicators
- Providing resources, blueprints, and templates for business growth
- Typical engagement duration of 1 to 2 years
- Focus on home services industries
- Opportunities for entrepreneurs to acquire existing businesses
- Trends and opportunities in the home services market
About Boruch Akbosh:
Boruch Akbosh, the driving force behind Akbosh Investment Group, Inc., boasts a dynamic 15-year professional journey evolving from a Web Developer to a seasoned Lead Generation, SEO, Investments, and Business Mentoring/Consulting expert.
Renowned for strengths in People, Processes, and Technology, Akbosh excels as a trusted advisor and collaborative partner, specializing in bringing others' visions to fruition.
As an investor and strategic growth specialist, Akbosh focuses on acquiring, restructuring, scaling, and exiting small-to-midsize businesses, ensuring ethical and profitable transitions.
With a decade of co-founding and leading fast-growing organizations, he has honed business consulting, growth, sales, and strategic planning expertise.
Currently seeking opportunities with a $2M-$10M top-line revenue, Akbosh welcomes joint ventures and consulting inquiries, offering a unique blend of investment acumen and operational excellence.
About Risepreneur, Inc:
Risepreneur is a comprehensive online platform encompassing a course, community, and coaching program to empower high schoolers with essential business and life skills. Accessible through a low monthly membership fee, the platform aims to unleash the latent entrepreneurial spirit within teenagers.
Recognizing the untapped potential in young minds, Risepreneur creates a supportive and creative environment to nurture their entrepreneurial aspirations.
The program imparts business knowledge and fosters self-confidence, instills a growth mindset, and cultivates a self-driven attitude, guiding teens towards a positive and balanced life.
Risepreneur delivers innovative entrepreneurship education products with a mission to enhance aspiring teens' lives. The vision extends globally, seeking to empower teens through entrepreneurial education, enabling them to achieve self-actualization and positively impact their lives and the world.
Links Mentioned in this Episode:
Want to learn more? Check out Risepreneur website at
https://www.risepreneur.com/blog/
Check out Risepreneur on LinkedIn at
https://www.linkedin.com/company/risepreneur/
Check out Boruch Akbosh on LinkedIn at
https://www.linkedin.com/in/boruchakbosh/
Check out Boruch Akbosh on Instagram at
https://instagram.com/BoruchAkbosh/
Check out Boruch Akbosh on Twitter at
https://twitter.com/BoruchAkbosh
Check out Boruch Akbosh on Facebook at
https://www.facebook.com/BoruchAkboshOfficial
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