Why iDo?
Vision
To provide the best business solutions in the world and improve the economic wealth for all.
Mission
Increase the success rate of businesses through education, guidance, software, and services.
Welcome to iDo Systems, the company taking on the business death rate and low annual gross revenue epidemic plaguing small businesses for over 30 years and negatively impacting the national economy.
The Problem, is more like an epidemic
Data from the US Small Business Administration indicates that there are roughly 33 million businesses in the US, with only 15.4% of businesses generating more than $250,000 in gross annual revenue. This information reveals that 84.6% of businesses generate less than $250,000 in gross annual revenue and have the potential for growth and economic impact. Nonetheless, the failure rate for these businesses is alarmingly high, with 76% of them failing to survive past the 10-year mark.
What blew our minds and started us down this path, was the fact that the stats for business revenue and failures have not changed in the past 30+ years.
Reducing the business failure rate
The Founders and Co-Founders of iDo Systems have embarked on a mission to rescue small businesses and by doing so, enhance the national economy by achieving something that hasn't been accomplished in over three decades: reducing the business failure rate.
According to the Corporate Finance Institute, a healthy profit margin for businesses should be around 10%, but an alarming 84.6% of businesses in the US generate less than $250k in gross annual revenue. This means that a vast majority of small businesses generating a healthy profit, still take home less than $25k annually, after working 60-80 hour weeks. That's $8.012 per hour, just .76 cents above the Federal state minimum wage rate for Texas and Utah. The result of this is job loss, income reduction, and a dearth of potential economic growth.
We aim to change this, by providing small businesses with solutions and resources to improve their annual revenue, increase their business's sustainability and enhance their ability to thrive.
We are committed to safeguarding entrepreneurship, jobs, increasing income, and contributing to the national economy's growth.
The Economical Impact
Pillar Five, our automated business life cycle growth system is designed to help businesses in their growth process and reduce the failure rate. By providing businesses with a step-by-step automated process, Pillar Five assists businesses in developing and implementing the necessary strategies for growth and sustainability.
Based on our analysis, even a small reduction in the failure rate can result in a significant economic impact. For instance, if the failure rate is reduced from 76% to 75%, approximately 326,000 businesses would be saved from going out of business. If these businesses generated $250,000 in gross annual revenue, this would result in potential additional revenue of $81.5 billion for the national economy.
The Way Forward
Our methodology is a step towards reducing the failure rate of businesses and increasing economic growth. By providing businesses with the necessary tools and resources, we aim to save jobs, increase income, and contribute to the growth of the national economy.
The high business failure rate in the US is a significant challenge that obstructs economic growth and prosperity. However, with the right tools and resources, we can reduce this rate and increase the potential for growth and success. The Pillar Five is just the first of many tools that can make a significant impact in the journey toward saving businesses and improving the national economy.
We want to help you achieve your dreams.
We understand that running a successful business can be challenging, especially when you're juggling multiple responsibilities, sometimes including a full-time job. That's why we created Pillar Five - a comprehensive business guidance system that automates the growth process and guides you every step of the way.
Our platform is divided into two verticals. The first is a DIY platform for entrepreneurs who want to take control of their business growth. With Pillar Five, you'll have access to powerful tools and resources that will help you build and scale your business, including expert match-making, business planning, financial management, leadership and management, problem-solving, and personal development.
The second vertical is a Saas designed for coaches who want to help small business owners achieve their goals. Our coaching platform, based on the business life cycle growth system, enables coaches to attract, identify, and manage clients within Pillar Five, providing a streamlined and efficient way to manage more clients in less time, growing your coaching business so you can quit your 9-5.
At iDo Systems, we're passionate about helping people succeed. Whether you're an entrepreneur looking to take your business to the next level or a coach looking to help others achieve their dreams, we're here to support you every step of the way. Join us on this journey towards success and let's achieve greatness together.
Guidance to achieve your dreams.
We understand that running a successful business can be challenging, especially when you're juggling multiple responsibilities, sometimes including a full-time job. That's why we created Pillar Five - a comprehensive business guidance system that automates the growth process and guides you every step of the way.
Our platform is divided into two verticals. The first is a DIY platform for entrepreneurs who want to take control of their business growth. With Pillar Five, you'll have access to powerful tools and resources that will help you build and scale your business, including expert match-making, business planning, financial management, leadership and management, problem-solving, and personal development.
The second vertical is a Saas designed for coaches who want to help small business owners achieve their goals. Our coaching platform, based on the business life cycle growth system, enables coaches to attract, identify, and manage clients within Pillar Five, providing a streamlined and efficient way to manage more clients in less time, growing your coaching business so you can quit your 9-5.
At iDo Systems, we're passionate about helping people succeed. Whether you're an entrepreneur looking to take your business to the next level or a coach looking to help others achieve their dreams, we're here to support you every step of the way. Join us on this journey towards success and let's achieve greatness together.