Yesterday I was explaining why a 25mm company is really an HR company as well as how Dave’s Dad went to the doctor and said he had bowel movements at 6am every day, and the doctor said that was very good.

Speaking of him saying,”ya but the problem is I wake up at 7am…”

My Drunk Aunts dog had issues with hair in his ears and the vet told her to go to the pharmacy and get some “Nair” to fix the issue… I went with her and here’s her conversation at the pharmacy:

My Drunk Aunt: I need some Nair.

Pharmacist: If you use it under your arms, don’t use deodorant for a week.

My Drunk Aunt: I’m not using it for my armpits.

Pharmacist: If you’re using it on your legs, don’t shave for two days.

My Drunk Aunt: It’s not for my legs. If you must know, I’m using it on my schnauzer.

Pharmacist: Stay off your bicycle for at least a week.

My Drunk Aunt:

Me:

In other news

People often want to take your spot until they experience what it takes to play your position.

Anyhoo…

Your one PROFIT ACCELERATION THING today is:

‘Stock Buyback’

I got asked  about this on one of my podcast…

Here’s part of my answer:

“Basically, it’s a company saying we’re profitable, we have positive cashflow, and we ended up with lots of cash.

We don’t have a short-term game plan to spend the cash that’ll provide a decent ROI.

We’ve therefore decided to return that capital to our shareholders in a tax-efficient way (the earnings per share will slightly increase and assuming the shareholder doesn’t sell them, the value of their shares should go up and there’s no tax for the shareholder to pay) and buy back stock which reduces the number of outstanding shares.

If they instead decided to pay out a dividend with the cash, the shareholders would be taxed (nuances here).

If this sounds amazing for the shareholders…

Here’s the other side of the argument.

Share buybacks, often called financial engineering…

Could lead shareholders to accuse management of lacking vision and or acting in a self-interested way.

CEOs and high-level management are often compensated through options tied to the company share price.

Translation:

Creativity of management could be compromised when they’re incentivized too heavily on stock price and not on long-term thinking / innovation…

A small number of people tend to own a large percentage of stock, as in management, cough cough

… subsequently leaving them to reduce creativity and not reinvest in the company in areas like expansion, innovation, R and D, new factories, hire more people, new machinery etc…

All of which are paramount to success and long-term shareholder value.”

As a business coach, you don’t need to be an expert in stock buybacks by any stretch…

… But you should understand it at a conceptual level.

Lots of small business magic in the above.

You heard it here first.

Possibly.

Now, pick up the phone and go help someone.

Obsessed with your business coaching success,

Karl Bryan

Founder, Focused.com

PS. Your greatest successes will come through other people.

PPS. If this helps and you want it to really sink in… GO TEACH IT to someone, cause that’s the best way for you to learn it. A friend, your spouse, a prospect, a client etc…

*Don’t plagiarize my work like a lame arse.

PPPS. Marriages break up from lack of money… over lack of love X 100. Business failures lead to destruction, addiction, depression, anxiety, suicides, and, unfortunately, far more.

As good business coaches, we save marriages, save families, save kids from self-destruction… we save lives!

A true life of purpose.

PPPPS. If you’re looking for a proven system to follow for your coaching…. I created Profit Acceleration Software™ and high-end step-by-step training to support it…

We did a training that will teach you A strategy that can DOUBLE your clients’  bottom-line profits using exponential growth without spending more on marketing.

Imagine finding your high-ticket coaching fees BEFORE you start coaching your new clients?!  And a proven coaching system created for you to follow with your new coaching client.

Access the free training here

PPPPPS. Forward this to someone that needs to subscribe to my daily emails and get a limited-time, complimentary subscription to my business coaching magazine go here:

https://thesixfigurecoach.com/subscribe/

PPPPPPS. They tell me my Podcast is Ric Flair style, Money Makin, Client Getten, Joint Venture Landing, Event Fillin, High-End Coaching Client Findin Gold For Business Coaches.

https://karlbryan.com/business-coaching-secrets-podcast