The founders surveyed, stated these as their BIGGEST growth headaches.<p>1. Low or inconsistent cash flow
2. Small margins and unpredictable profits
3. Low conversion and high marketing/advertising costs
4. Problems with acquiring and retaining talent
5. Access to growth capital<p>I'll share Part 1 today for the sake of breviity.<p>These entrepreneurs are consultants, professional services providers, tech startup founders and other high paid operators such as wealth managers and cosmetic surgeons.<p>In the last 5 years, multiple organizations have reported similar results that I nd fascinating. According to industry analyst Gartner, the size of the worldwide software industry in 2013 was US$407.3 billion and the IDC records “more than a quarter of the $3.8 trillion global IT market is in the United States.”<p>Financial information company SageWorks has a report on Forbes that shows that professional and service based businesses(many of them using the internet) are recording higher profits.<p>Despite real or perceived economic challenges, the US Bureau of Labor Statistics also reported that consulting(which is a $100 billion industry) is set to grow at least 70% by 2018.<p>Techcrunch also reported that Enterprise software spending is on an upward trajectory and is expected to reach $326 billion in a few months. This means entrepreneurs who identify themselves as consultants, advisors, professional services providers and owners of software businesses stand to get paid more and more.<p>You can read the rest at bit.ly/frpd1