#mid-market-businesses

#mid-market-businesses

When planning our budgets, we tend to focus on cutting costs. Yet, sometimes a little strategic spending can help to save money in the long term, by reducing our regular expenses and replacing repeat purchases of single-use items.

"Vending is NOT fully passive income. I'd call it semi-passive, like 70% passive. Social media makes it look like you fill machines once a month and money rains in."

Together, the multicultural segment totaled 46 million households in 2024, representing just over 33% of all households in the country—a 12% increase compared to 2017.

By 2019, it was operating in eight Indian metros, and by August 2021, it had expanded into quick commerce, launching Dunzo Daily to deliver essentials in 19 minutes or less. Customers liked the convenience that Dunzo provided, investors loved its growth, and the phrase 'Dunzo it' became a common idiom in India akin to 'Google it' in the U.S.

In 1966, BCG found that a company's unit production costs would fall by typically 20 to 30 percent in real terms for each doubling of 'experience,' or accumulated production volume.

According to the Registered Agents Inc. December Business Formation Report, more than 5.9 million new businesses were formed in 2025, an 8% increase over 2024 nationwide. And sure, it's easy to point to the usual heavy hitters, states like Florida and Texas, which posted another standout year and outperformed 2024 month after month.

Putting yourself out there is difficult. Rejection is tough. And feeling like you've gotten the rug pulled out from under you is the worst. When you're in charge of business development, where you're responsible for growing your revenue within your current client portfolio as well as seeking out new potential opportunities, you can easily vacillate from feeling like a hero to feeling like a zero, depending on what kind of results you're getting from your efforts.

But if you're innovating within your industry, it's a problem you should expect and prepare for because it means having to operate in two realities-the internal reality where you know the challenges in your industry and how you're going to solve them, and the external reality where nobody else has recognized the problem that needs to be solved. In a highly regulated industry like healthcare, safety, and stability create an inertia that often works against innovation.