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Luke Fatooros

When is the right time to scale your business?

How do I scale my business? I see this question popping up all the time. Every big company started off as an idea and had to scale up at some point. Even in the early days, Amazon was just a website that sold books online. According to the statistics, scaling your business means the odds are stacked against you. I agree. In my first business, after 14 months of continuous struggle, we scaled from $1 million to $12 million in […]

9 Powerful Truths You May Have Never Heard Before About Building a Successful Business

Just about everyone is starting a business these days. As a serial entrepreneur, I think this is absolutely fantastic. But setting up and running a successful business, though, is an entirely different story. I have been scratch building businesses since the age of 23, across 3 countries. Along the way, I have made many mistakes (including a $12 million one), and as a result, learned many painful lessons. “Starting a business is easy. But running a successful one takes time, effort, and […]

How a Business Coach Can Help You Turn Your Business Into a Valuable Asset

Traditional Small Business Bakery

“If I had 6 hours to cut down a tree, I would spend the first 4 hours sharpening my axe” – Abraham Lincoln. What has this to do with turning your business into a valuable asset, creating wealth or financial freedom? Lots, actually.  Most people are chopping away each day with a blunt axe. They are doing lots of works, chewing up valuable time, exhausting themselves and not seeing much results. Most small business owners would relate to this. Let’s […]