"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 1250: Quarterly. Review. Bank. Balance
Yesterday I was explaining how an Undercover Billionaire built a $5.5 million dollar business in 90 days, as well as how Dave had a nice long walk on the beach with his girlfriend.
Speaking of well, until the LSD wore off, and then he realized he was dragging a stolen mannequin around the Wendy’s parking…
Stu was talking to Dave about the gym and here’s their conversation:
Dangerous Dave: Are you still going to the gym?
Stu: No, not happening.
Wifey: Why?
Stu: The last time I was there I kept using my phone… a hulking guy came up and asked me if it was fingers day.
Dangerous Dave: *ahem*
In other news from my BCS podcast…
Ask WHO… not how.
Anyhoo…
Your one PROFIT ACCELERATION THING today is:
‘Quarterly Review’
On a quarterly basis, you and your high-end coaching clients should sit back and analyze where you’re at…
If you’d done it consistently, you’d see an extra 0 at the end of your bank balance.
How does it work?
You ask the RIGHT QUESTIONS.
Not, how do I make more money… How do I create more sales…
… which questions work the best?
Here are the questions I just went through:
– What don’t I see?
– How are world events affecting us?
– How will world events affect us in the future?
– What 20% of my clients represent 80% of my revenue?
– What further value can I bring to the 20%?
– Where am I winning the proverbial battle but losing the proverbial war?
– Where have I lost perspective?
– What forces bigger than me do I need to align with?
– Where do I lack skills and experience?
– What talent do I need to hire?
– What am I afraid of?
– What does the market need from us now?
– What will the market need from us over the next 3 years?
– What is the 5% that moves the needle, and what is the 95% I can leave alone?
– What part of my business needs to be decentralized (separate GM, separate financials Etc…)?
– What expenses can I eliminate (get a client, keep a client) without affecting revenues?
– What opportunities exist to create more high-profit revenue?
– There are more… but these should keep you busy.
Always review the past quarter’s answers / notes before starting on the current quarter.
The clearer your answers… the higher quality of your decisions.
Higher quality of decisions, the better business you’ll build and the more money you and your clients will earn and keep.
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. Your daily consistent effort with clarity… will win over talent.
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.
