97% of Startups Fail! How to Beat the Odds and Scale to 9 Figures

<p>A few years after being voted 'least likely to succeed' in high school, Brandon Dawson defied expectations by scaling his first company from zero to $75 million. Since then, he has built and sold multiple nine-figure businesses. As the co-founder of Cardone Ventures, he helps entrepreneurs build wealth, scale effectively, and lead with purpose. In this episode, Brandon reveals why 97% of businesses fail and shares how to beat the odds and achieve business growth. He also discusses his core leadership principles and the key traits of a great business partner.</p>
<p><strong>In this episode, Hala and Brandon will discuss:</strong></p>
<p>(00:00) Introduction</p>
<p>(02:21) His Early Life and Entrepreneurship Journey</p>
<p>(09:27) Bootstrapping a Startup vs. VC Funding</p>
<p>(19:10) Why Entrepreneurs Should Prioritize Cash Reserves</p>
<p>(26:14) Scale vs. Scaling: Redefining Business Growth</p>
<p>(36:48) Why 92% of Businesses Fail to Scale Past $3M</p>
<p>(40:25) The ‘Law of the Lid’ in Leadership</p>
<p>(45:47) Actionable Steps to Improving Leadership Skills</p>
<p>(55:46) Building 9-Figure Businesses with Grant Cardone</p>
<p>(01:03:01) The Key Traits to Look for in Business Partners</p>
<p><br></p>
<p><strong>Brandon Dawson</strong> is an entrepreneur, scaling expert, and co-founder of Cardone Ventures. As CEO of Sonus Corporation, he grew it to over 1,400 locations and raised $58 million. He later founded Audigy Group, scaling it from $500,000 to $35 million before selling it for $151 million. With over 30 years of experience, Brandon helps businesses scale using data-driven strategies, navigate breakpoints, and avoid common pitfalls.</p>
<p><br></p>
<p><strong>Sponsored By:</strong></p>
<p><strong>Shopify - </strong>Start your $1/month trial at <a href="http://shopify.com/profiting"><u>Shopify.com/profiting</u></a></p>
<p><strong>Indeed - </strong>Get a $75 sponsored job credit to boost your job's visibility at <a href="http://indeed.com/PROFITING"><u>Indeed.com/PROFITING</u></a> </p>
<p><strong>OpenPhone - </strong>Get 20% off your first 6 months at <a href="http://openphone.com/profiting"><u>OpenPhone.com/profiting</u></a></p>
<p><strong>Airbnb - </strong>Find a co-host at <a href="http://airbnb.com/host"><u>airbnb.com/host</u></a> </p>
<p><strong>Mercury - </strong>Streamline your banking and finances in one place. Learn more at ⁠⁠<a href="http://mercury.com/profiting%E2%81%A0%E2%81%A0"><u>mercury.com/profiting⁠⁠</u></a> </p>
<p><strong>Policy Genius - </strong>Secure your family’s future with Policygenius. Head to <a href="http://policygenius.com/profiting"><u>policygenius.com/profiting</u></a> </p>
<p><strong>Framer - </strong>Launch your site for free at <a href="http://framer.com"><u>Framer.com</u></a>, and use code PROFITING</p>
<p><br></p>
<p><strong>Resources Mentioned:</strong></p>
<p>Brandon's Website: <a href="http://bdawson.com"><u>bdawson.com</u></a> </p>
<p>Brandon's Book, <em>Nine-Figure Mindset</em>: <a href="http://bit.ly/9FigureMindset"><u>bit.ly/9FigureMindset</u></a></p>
<p>Brandon’s Podcast,<em> Building Billions</em>: <a href="http://bit.ly/BuildingBillions-Apple"><u>bit.ly/BuildingBillions-Apple</u></a> </p>
<p><em>The 21 Irrefutable Laws of Leadership</em> by John C. Maxwell: <a href="http://bit.ly/21-Laws"><u>bit.ly/21-Laws</u></a> </p>
<p><em>Good to Great </em>(6 book series) by Jim Collins: <a href="http://bit.ly/GTG-Series"><u>bit.ly/GTG-Series</u></a> </p>
<p><em>Rich Dad's Cashflow Quadrant</em> by Robert T. Kiyosaki: <a href="http://bit.ly/CashQuadrant"><u>bit.ly/CashQuadrant</u></a> </p>
<p><em>Sell or Be Sold</em> by Grant Cardone: <a href="http://bit.ly/Sell-Be-Sold"><u>bit.ly/Sell-Be-Sold</u></a> </p>
<p><em>Start The Work </em>by Natalie Dawson: <a href="http://bit.ly/StartTheWork"><u>bit.ly/StartTheWork</u></a> </p>
<p><em>Three Feet from Gold</em> by Sharon L. Lechter: <a href="http://bit.ly/3-Feet-Gold"><u>bit.ly/3-Feet-Gold</u></a> </p>
<p><br></p>
<p><strong>Active Deals</strong> -<a href="http://youngandprofiting.com/deals"> <u>youngandprofiting.com/deals</u></a> </p>
<p><strong>Key YAP Links</strong></p>
<p>Reviews -<a href="http://ratethispodcast.com/yap"> <u>ratethispodcast.com/yap</u></a></p>
<p>YouTube -<a href="http://youtube.com/c/YoungandProfiting"> <u>youtube.com/c/YoungandProfiting</u></a></p>
<p>LinkedIn -<a href="http://linkedin.com/in/htaha/"> <u>linkedin.com/in/htaha/</u></a></p>
<p>Instagram -<a href="http://instagram.com/yapwithhala/"> <u>instagram.com/yapwithhala/</u></a></p>
<p>Social + Podcast Services:<a href="http://www.yapmedia.com"> <u>yapmedia.com</u></a></p>
<p>Transcripts -<a href="http://youngandprofiting.com/episodes-new"> <u>youngandprofiting.com/episodes-new</u></a> </p>
<p><br></p>
<p>Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side Hustle, Startup, Mental Health, Career, Leadership, Mindset, Health, Growth Mindset, Passive income, Online Business, Solopreneur, Founder, Networking</p>