STANDOUT with Cheryl Tan
3: Critical Steps To Grow A 7-figure Business With Duane Thompson
January 12, 2016
Having an entrepreneurial mindset is critical for success. Facing challenges head on, putting in the work, listening to customers and adapting to what they want, surrounding yourself with smart advisors, planning for growth - all are keys to moving up in the business world. Duane Thompson, the CEO of Sabrosa Foods, did just that. The Norfolk, Virginia-based company produces an all-natural specialty salsa. But it was Duane's willingness to pay attention, to take risks, and to say yes that propelled his business to another level. Today, Sabrosa Foods is a multi-million dollar engine that not only creates products but the company has expanded to include food service, facilities management, and event catering. What you'll learn in this episode: *The problem he solved by creating his specialty salsa and how he knew it would become a product people would buy *When Duane knew it was the right time to leave the corporate world and start his own company *Why that decision to leave a job was the best thing he did for the growth of his business *The specific steps he took to prepare his business for million-dollar growth *The key mistake new entrepreneurs make when creating a product or service *Why mentors are critical in helping you grow your business *The entrepreneurial mindset you need to have to succeed Links mentioned in this episode: Learn more about Sabrosa Foods here. Have questions for Duane? You can connect with him via email here.
Having an entrepreneurial mindset is critical for success. Facing challenges head on, putting in the work, listening to customers and adapting to what they want, surrounding yourself with smart advisors, planning for growth - all are keys to moving up in the business world. Duane Thompson, the CEO of Sabrosa Foods, did just that. The Norfolk, Virginia-based company produces an all-natural specialty salsa. But it was Duane's willingness to pay attention, to take risks, and to say yes that propelled his business to another level. Today, Sabrosa Foods is a multi-million dollar engine that not only creates products but the company has expanded to include food service, facilities management, and event catering. What you'll learn in this episode: *The problem he solved by creating his specialty salsa and how he knew it would become a product people would buy *When Duane knew it was the right time to leave the corporate world and start his own company *Why that decision to leave a job was the best thing he did for the growth of his business *The specific steps he took to prepare his business for million-dollar growth *The key mistake new entrepreneurs make when creating a product or service *Why mentors are critical in helping you grow your business *The entrepreneurial mindset you need to have to succeed Links mentioned in this episode: Learn more about Sabrosa Foods here. Have questions for Duane? You can connect with him via email here.