"I created Profit Acceleration Software™ so you can BOOST bottom-line profits using the power of compounding growth without spending more on marketing."- Karl Bryan
Day 1207: Company 1 VS Company 2
Yesterday I gave you a few random thoughts, including how survival mode is 80% negative as well as how My Drunk Aunt thought she got a really important email with the subject line, Knock Knock.
Speaking of just being a Girl Guide working from home…
Speaking of ex-Girl Guides…
Speaking of ex-Girl Guides…
My wife called me a ‘Sex Machine’ yesterday!
Well, her actual words were:
‘You’re a Fu*king Tool’…
But it’s pretty obvious what she meant.
Dave called this morning, all wound up and here’s our conversation:
Me: Why are you so upset?
Dangerous Dave: I just found out cock-fighting is done with chickens.
Me: And..?
Dangerous Dave: Well, that’s 12 months of training totally wasted.
Me:
In other news from my BCS podcast…
Isn’t it ironic how we ignore those who adore us, adore those who ignore us, hurt those who love us and love those who hurt us.
Anyhoo…
Your one PROFIT ACCELERATION THING today is:
‘Math’
Let’s do some math today.
An Uber driver makes $100k and ruins a $50,000 car doing it.
He doesn’t understand elementary business math and thinks he earned $100k.
Ummmmmm…. hold the order on your new Ferrari for just a little longer and stop yelling “this rounds on me” at the bar big fella.
I was taught by a mentor, Keith Cunningham, to explain accounting / financial statements with normal words like “things” “stuff” “things you own” “money you owe” rather than confusing the heck out of everyone with debits, credits, liabilities, earnings, accruals etc…
Not to mention, the most valuable assets seldom land on a balance sheet and revenue is not money received.
Here’s an elementary example I’d give you as a coach / consultant.
Both of these companies have profits of $40.
But which one would you rather own / coach and what strategy would you help deploy for each to get started?
If you help Company 1 grow (Facebook ads cough cough) the next project will likely be helping them file for bankruptcy.
If you don’t know how to drive, don’t hit the accelerator.
Make NO MISTAKE. The accounting profession is designed to confuse you.
That way you, and your family, keep giving away all your money.
You don’t need to be an electrician to turn on the lights… you don’t need to be an accountant to read financial statements.
You need to know where to look.
You heard it here first.
Now, pick up the phone and go help someone.
Obsessed with your business coaching success,
Karl Bryan
Founder, Focused.com
PS. Hippos can run faster and swim faster than humans… Dave says the only chance of beating one in a triathlon is to make up time on the bike.
#ZeroToOne
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/
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.
Karl Bryan, Creator of Profit Acceleration Software™
Karl Bryan gets clients for Business Coaches...period. He is the Founder of The Six-Figure Coach Magazine and creator of Profit Acceleration Software™ that shows you how you can BOOST bottom-line profits of any business using the power of compounding growth without spending more on marketing. His goal is straightforward… to help coaches and consultants get more clients.
Get a demo of Profit Acceleration Software™ at focused.com.
