"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
One Thing: Day 110: Death of Blockbuster, Taxis and Retail Shopping
Day 110: Death of Blockbuster, Taxis and Retail Shopping
Yesterday I was explaining your coaching clients two biggest mistakes are:
- Ego
- See point number 1
Ego is a great way to go from a bad shot to triple bogey… or if you’re playing hockey turning your penalty into a game suspension.
I know nothing about doing that *insert mischievous grin*
Anyhoo….
Today’s ONE THING…
is staying with the billion-dollar theme and it’s that failure is a lack of understanding (care) your customer.
Uber didn’t kill the taxi industry.
Insane levels of government regulations, inflated, and unworkable license schemes did.
Netflix didn’t kill Blockbuster.
Inflated, inflexible and unnecessary late fees did.
Amazon didn’t kill retail.
High rent, poor customer service, lack of selection and long lines are.
Airbnb didn’t kill hotel chains.
The lack of innovation, lack of options and rising prices are.
The reason these billion-dollar behemoths fall over is that, as they grow, they get further away from the solutions their clients require.
So, how does this relate to you as a coach?
It’s not a lack of clients or inability to ‘market yourself’ properly that kills most coaches’ careers… it’s an inability and refusal to provide value to the business owner prior to getting paid that kills most coaches’ careers.
You heard it here first.
Obsessed with your business coaching success,
Karl Bryan aka King Karl
PS. My new Profit Acceleration Software is working so well for business coaches and their clients… Morgan Freeman should be narrating it.
PPS. Forward this post to a coach that could use the advice.
They can get a limited time, complimentary subscription to my magazine for business coaches here:
https://thesixfigurecoach.com/subscribe/
PPPS. Listen to my new podcast for business coaches here:
