Who doesn’t want to grow their businesses and make a million dollars a year?
All entrepreneurs’ aim is to make money and grow their business. Today, we hear about the power of knowing and focusing on your ideal clientele, how to build a business as a sellable asset, and how to get out of your own way so you can take your business to the next level.
Listen to the full episode here.
In this Episode:
- Leaving the comfort of a job and getting into business
- Steps and how to get started when consulting a business
- Why do people have businesses that don’t earn a million dollars a year?
- Knowing your avatar and your perfect customers
- Defining your avatar for particular gyms
- The beauty of owning a business
- How to set up a client’s business so it will be a saleable business
Important Quotes:
“In my industry, people kind of look down at it. They say that you have an MMA gym or a Jiu-Jitsu gym, you can’t make that much money. We have clients that are doing well into a million dollars a year. What we do is we start off with the basics. We look at their systems and ask do you have an avatar, who is your perfect customer.”
“The one thing we see a lot with people when they are starting a business or running a business, is they are trying to cater to everybody. You can’t! You have to really dial in on who you want in your business and go after them with everything. And that when we see a huge shift.”
“We can’t be a bottleneck and do everything. Once you remove yourself and hire more people, thay can do more volume and be the number that you can do. We have to get out of our own way to be able to grow because a one-man shop or a one-lady shop, you can do 20 to 30 thousand a month and just do it comfortably and have a great life. But if you want to scale it, you can’t do it yourself. Your blocking yourself. We only have so much bandwidth we can take in a day.”
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