"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 336: Your Scoreboard
Day 336: Your Scoreboard
Yesterday I gave you my 6 factors of the right capital structure.
They would have been helpful for the GameStop investors that somehow didn’t predict the abrupt tanking of the stock they bought but forgot to sell?!?!
They “pumped” but forgot to “dump”
*Snowflake Nation: ‘Pump and Dump’ is a common stock market term. No need to send abuse about my inappropriate sexual references*
Speaking of poor predictions…
I was once engaged in Australia.
It was my birthday…
My fiancé, friends, and parents all forgot.
No one wished me a Happy Birthday.
I went to the office and even my staff had forgotten.
But when I went into my private office…
My secretary, who was pretty easy on the eye, said:
“Happy Birthday Boss”
I felt so special.
She asked me out for lunch and I agreed.
After lunch, she invited me to her apartment.
We went there and she said…
“Do you mind if I go into the bedroom for a minute?”
I said “sure”.
She came out 5 minutes later with a birthday cake, my fiancé, my parents, my friends, and my colleagues all yelling:
“SURPRISE!”
While I was waiting on the sofa…
… Naked.
Anyhoo…
*Breathe… Snowflake Nation… Breathe*
Your ONE COACHING THING Today Is:
‘7 Attributes of a Balanced Client Scoreboard’
We’re in the process of completing a new, game-changing, section of our business coaching software.
Think, Gamification.
Think, Scoreboard.
A major part of it is the creation of a ‘scoreboard’ for our coaches to use with their high-end coaching clients.
The goal of this new section of the software is to ensure profitable results and make it EASY to keep everyone on track of the financial wins.
Think, “Profit Acceleration”
It’s a Super Power to be able to ensure that $100,000 hits your high end coaching clients bank account.
It’ll be helpful for you if I list the 7 things I have been ensuring we have to make it a balanced scoreboard our business coaching software produces.
1. We don’t want to have more than 5 – 7 measurements
2. Measurement must be clear and lead to a specific RESULT.
Example: Internet Marketers measure ‘opt-ins’ and ‘leads’….
But remarkably often miss SALES, REVENUES, and PROFITS. It’s VERY common to get an increase in ‘leads’ (idiots looking for quick-fix) and a reduction in ‘sales’ (cause your new leads suck) and revenue.
3. Time-based goals and expectations
4. Stop any measurements that no longer apply (see rule #2)
5. Make clear links between measurement and financial results (see Rule #3)
6. Be patient
7. Test, measure, and improve the scoreboard monthly
Bottom line…
Your scoreboard must link the roadmap with ACTION and then with desired results.
Make sure your client’s resources (people, processes and money) are allocated where they lead to:
Profit Acceleration.
You heard it here first.
Obsessed with your business coaching success,
Karl Bryan aka King Karl
PS. Do people that run marathons realize that they don’t have to?
PPS. 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.
PPPS. If you’re looking for a proven system to follow for your coaching…. I created business coaching software and high-end step by step training to support it…
It’ll teach you ‘How to find any small business owner $100,000 in 45 minutes without them spending an extra dollar on marketing or advertising.’
Imagine finding your annual $12,000 to $50,000 coaching fees BEFORE you started coaching your new clients?! And a proven coaching system created for you to follow with your new coaching client.
Reply to this post if you want to start following a proven coaching system.
PPPS. 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/
PPPPS. 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.
Entertaining, Informative, Uncensored, Unedited: