The Only Path to Real Growth: New Customers

Mike Birt • June 15, 2025

Why acquisition is the only true driver of long-term revenue

There are only three ways to grow your revenue (well if you are very short-sighted, you could raise your prices in an effort to grow sales but that is a pretty terrible idea):

  • Acquire new customers
  • Increase how much customers spend per purchase (AOV)
  • Increase how often customers buy from you (LTV)


Most business owners want to believe they can grow their business by squeezing more out of their existing customers. That may give you a temporary bump in revenue, but it is not a long-term growth strategy. Why? Because no customer sticks around forever.


Real Growth Comes from New Customers

If you want to grow your business, heck even if you just want to survive, you have to bring in new customers. Every month. Every quarter. Every year.


Customer acquisition is the only growth lever that is not inherently limited. You can only increase AOV or LTV so much before hitting a ceiling. You can't keep going back to your current customers and asking them to give you more, more, more. Eventually, customers leave, lose interest, or find another solution. If you are not replacing them with new customers, your business will shrink.


Visibility Fuels Growth

To acquire new customers, people need to know you exist. That means you have to be seen by more people, especially those who have never heard of you before. If your business has grown primarily through word of mouth and referrals, you are not really marketing. You are relying on others to do it for you.


It might feel efficient, but it is not scalable.


When you start marketing your business yourself, you are building trust from the ground up. You are not borrowing someone else's credibility. You are earning attention, trust, and interest through your messaging, content, and visibility.


And yes, that takes real work.


The Hard Truth About Growth

Referrals are easy because someone else does the selling for you. Marketing is hard because you have to convince people who don’t know you that you are the right choice. You have to show up consistently, with the right message, in the right places.


That is what actual growth takes.


Most small business owners avoid this because it’s uncomfortable. It takes time. It costs money. The ROI is not immediate. But those are the reasons why most businesses stay small. Many small businesses try a random marketing strategy and if it doesn't work in 5 days or if leads don't convert at the same rate a referral converts, then they declare marketing to be a stupid idea that just doesn't work for their business.


If you are tired of watching others in your space get bigger, it is not because they are lucky. It is because they are doing the work you are avoiding. They have figured out how to consistently acquire new customers and that’s what is fueling their growth. And here's the thing too, it's not even that they figured anything out. Marketing businesses isn't rocket science. There is no big secret or hack or trick. Those businesses that are bigger than you are just doing the things they need to be doing, and they are consistent and have a long-term view. That's it. It's not a big secret. They didn't "figure it out". They are just doing what they need to be doing.


Are You Relying Too Much on One Channel?

Many businesses depend too heavily on a single marketing tactic. Sometimes that’s SEO. Sometimes it’s Facebook ads. Sometimes it’s just good old-fashioned referrals. But what happens when that channel stops performing?

The answer is usually: nothing good.


If you are only getting customers from one channel, you are one change away from disaster. What if a competitor outranks you in Google? What if a key customer stops referring you? What if your ad costs double? There are countless examples of businesses, some huge ones even, who thought they were immune from changes.


I hear this all the time from business owners who don't want to invest in marketing. "We don't need to. What we are doing now is working and we don't even have to spend." Maybe that will stay true. Maybe you're the one who is the lucky one and the business environment never changes for you. Maybe.


A diverse marketing strategy gives you control. It gives you options. Most importantly, it gives you stability and the ability to grow.


Final Thought

You cannot build a thriving business just by hoping more people talk about you. You have to go out and find the people who need what you offer and then convince them that you are the best option.


That is not a one-time task. It is a system. It is strategy. It is commitment.


And it is the only reliable path to real growth.

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