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One Thing: Day 120: Coaching Clients X 33.6%
Day 120: Coaching Clients X 33.6%
Yes, Lance Armstrong was an early-stage investor in Uber through Chris Sacca. Lance invested $100,000 when Uber was valued at $3.7 million.
It’s valued at $120 billion today.
Lance would be working at Denny’s serving pancakes if not for Chris Sacca and Uber.
I respect Lance Armstrong for his determination, work ethic and grit (sorry, Josh).
You don’t win 7 Tour De France’s without an insane level of commitment.
Plenty of the other guys were using copious amounts of steroids too.
I do not respect, in any way, how he treated people.
Yesterday I was explaining how discounts are addictive and the far better solution for your coaching client’s regulars.
Today’s ONE THING is:
‘If your coaching client offers a 10% discount… they need to sell 33.6% more, on average, to make the same amount of money.’
The most expensive, resource-rich and time-consuming function of any business is lead generation.
So I’ll let you pull out your coaching calculator and decide if a 10% discount is an intelligent exercise when it means they need to find, convert and work for 33.6% more clients.
But they all do it without hesitation.
You heard it here first.
Obsessed with your business coaching success,
Karl Bryan aka King Karl
PS. What did the Buddhist say to the hot dog vendor?
Make me one with everything.
PPS. They tell me my Podcast is Ric Flair style, Money Makin’, Client Gettin’, Joint Venture Landing, Event Fillin’, High-End Coaching Client Findin’ Gold For Business Coaches.
Entertaining, Informative, Uncensored, Unedited: