Just ask half of the Fortune 500.
In the past two decades, 50% of those companies disappeared.
Why? They focused on transactions, not customers.
Blockbuster, Sears, BlackBerry, and Kodak clung to outdated models and paid the price.
Meanwhile, Amazon, Netflix, Apple, and others thrived by building loyalty and recurring revenue.
Despite differences in products and services, 3 things remain constant:
→ They prioritize recurring revenue over transactions.
→ They focus long-term, not just quarterly.
→ They innovate relentlessly.
Here’s the thing:
Transactions don’t build lasting businesses.
Repeat purchases do.
The best companies understand this.
The rest get left behind.
Had an awesome conversation with John Kraski and Josh McLean
John Kraski—a LinkedIn Top Voice with 90k+ followers—is renowned for