My Midas shops set a new monthly sales record in May
That record lasted all of 30 days
In June we obliterated it
$4.17M in May —> $4.34M in June
$170,000 more sales in ONE LESS WORKING DAY
Here’s what changed:
Our 34 stores have been averaging $25,000 sales per week
The Midas 1,000-store system-wide average: $25,000 sales per week
For years, I just accepted our average unit sales and my solution to growth was adding more stores
We said F-that a few months ago.
We’ve raised “our floor”
The floor is the minimum we will accept
It used to be $25,000. Today it’s $30,000
Next year it’s $40,000 and by 2027 it’ll be $50,000
This would put us on track for $100M per year in 3 years — more than double our revenue today.
One of my shops did almost $76,000 last week, setting a new company weekly record
We had 6 stores do over $40,000
A multi-unit friend’s top 7 stores AVERAGED $60k per week
Owners often place artificial limitations on themselves.
These limitations make us accept the current status quo. Like it’s the weather, and we have no control. “It just happens to be sunny tomorrow. Tomorrow it’s gonna rain.”
It doesn’t have to be that way.
We get what we tolerate.
We get average results if we tolerate it
If we demand excellence, we get excellence.
It’s easy for anyone to say (or type) those words. Real results come from taking action
Holding strong to that standard. Having tough conversations with people who aren’t performing to the standard
Raising the floor is how we’ve grown from a 7-figure to 8-figure business and will continue as we build towards 9-figures.
What are you tolerating now that you shouldn’t?
Cheers
Brian
P.S. Want my personal help in growing your business?
Reply here telling me about yourself & business. 6 openings left for July.