EP 117: How to accurately predict your business revenue
This episode came in from a listener question about how to accurately predict what her business would produce in the next quarter or year.
In this episode, I share what you need to make accurate predictions and how to go about this in a way that makes sense for your business.
Enjoy!
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Key Takeaways:
- What you need in place to accurately predict your revenue.
- Why most businesses get predictions and projections wrong and how to get it right so you can have more stability in your business!
- How recurring revenue can help you with predictions and projections + how to get it!!
Resources mentioned:
EP 116: Exactly what my schedule looks like running high-end group programs
Not all schedules are created equal.
Especially as a coach or a service-based business owner.
What we focus on and spend our time doing during our workday will determine how much money we make.
It has taken me 5 years to get to where I am today, and if I were to do it again I would be able to do it much faster if only I would have known the details I am sharing with you in this episode.
In this episode, I am sharing with you exactly what my schedule looks like and what I focus on creating in my business.
If you have ever thought...I don't want to run a group that generates 6-figures in revenue because I don't know if I can handle the workload.
I don't know if I will be able to sustain the success I have created (or you have already struggled with doing so) because of the demands on your schedule.
THIS episode is for you my friend.
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Key Takeaways:
- How to go about problem-solving when you have time...
Roles and Responsibilities of an Effective Coach
“OMG! I have so much to do!”
It’s easy to get carried away doing all the things in your business, I know...
Two to three years ago, this is exactly where I was. I had a VA and a few contractors but I still felt like I was doing the majority of the workload myself. I was still coordinating everything and if I didn't touch something, it didn't get done. And then behind the scenes I still had a full family to take care of.
It was exhausting AF to say the least.
If you're feeling the weight of that, I want you to know that there's hope. And that is in recognizing the roles and responsibilities of an effective coach and scaling your business.
The owner of a hospital doesn't do surgery, x-rays, and phone calls. They do the job that they are uniquely qualified to do.
And so I want to teach you how to get to the point where you're able to maximize your strength as a coach and maximize every second that you're coaching and leading your business.
Let’s dive in to...
EP 115: How to be extremely profitable with multiple income streams
When it comes to being highly profitable with multiple income streams there are usually two schools of thought that prevent this...
The first is people who have too many offerings and income streams and none of them really being very profitable at all and they continue to chase new offers that will magically change their business- but this is not the problem in the episode I will share with you how to fix this.
The second is having only one course that they give people lifetime access to for $997 and this sets the business up for not being able to be sustainable.
Which of these do you fall into?
In this episode, I will help you to identify which one you are in and help you to break through these obstacles to successfully add multiple income streams each of which is producing 6-figures for your business.
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Key Takeaways:
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[00:02:17] one of the biggest problems that will hold you back is that you're not fully...
EP 90: Are Facebook Groups Dead? How we have made 6-figures in revenue with our FREE Facebook Group
Maybe you have a Facebook group OR you would like to run one. But you don't want to waste your time spinning in circles and not making money with a Facebook Group. This episode will share with you how I went from running a Facebook Group that was not making me much money to closing that down and starting from scratch and having a brand new group that made 6-figures in just a few months.
This episode will share with you how you can avoid the pitfalls of running an expensive hobby group and run a Facebook Group that makes your business CA$H in the bank!
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Main Takeaways:
- The most important thing you need to be able to monetize your free Facebook group.
- How to build community + connection with members of the group.
- How to keep your group engaged (and what not to do!).
- How to avoid attrition from your paid programs with your free group- AKA what will make them want to still buy if they are getting support from you for free in the group?
- ...
EP 114: What Is Consistent Recurring Revenue?
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Main Takeaways:
- [03:41] Consistent recurring revenue is money that your business makes every single income consistently and predictable.
- [03:51] One of my employee's biggest relief, from being a freelancer to working for our company, is the fact that she no longer has to worry about the up and down months.
- [04:33] One of my employees said, "I would rather make $1,000 a month...
EP 113: Growing Pains & What It Really Takes To Grow Your Business
In order for you to grow, you must shed the old version of yourself and embrace a new one - a more evolved version. A version of yourself that you've never been before.
And that requires growing pains which are uncomfortable to have.
Therefore, growth is uncomfortable.
In this episode, let's dive deeper about what growing pains are and how you can think about them in an empowering way that helps you move forward in the way that you want to, rather than hold you back from getting to the next level.
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Main Takeaways:
- [02:14] Be willing to really look at the differences between something feeling good, resistance and growth.
- [02:27] Growth is asking you to evolve to the next version of yourself. It means reprogramming your brain and using new neural circuits that have not been there before.
- [02:43] Being uncomfortable because of growth is very different compared to thinking, "It doesn't feel good...
EP 112: How To Solve Any Problem In Your Business
I have some people come up to me and tell me that if only I have X amount of money, all my problems will go away. And I am telling you now - it won't.
I have consulted in multi-million dollar companies and they still have problems. The difference is, they are better at problem-solving and they don't make dramas out of it so they are able to move through things without them making it mean all sorts of crazy stuff.
The reality is, as a business owner, you will always have problems and this is a good thing because this means that YOU ARE ALIVE.
The problems you have now are probably different from the problems you will have in the future when you make more money.
The good thing is, at whatever stage you are at right now, when you learn to effectively problem-solve, you can learn how to utilize your brain which is the best tool in the whole wide world to solve your own problems.
In today's episode, let's talk about how to solve any problem in your business...
EP 111: Run A Challenge That Converts: Followers To Clients
Today is my little daughter's fourth birthday and I wanted to celebrate with you guys because I remember the day she was born. If you don't know my story, I had my preemie daughter. She was born two pounds and 28 weeks old, on this very day, four years ago.
At the time, I had a very part-time side hustle where I was coaching online. My big dream was to leave my 9-to-5 job. I was working in hospital administration.
That same week, I was asked to oversee three hospitals in my department which is basically case management.
I remember, it was a couple of days later and I was in labor. It's fascinating to see now how far I've become.
In this episode, I'll share with you a couple of gifts as well as do a quick storytime about how my business came to be and how I made it work.
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Main takeaways:
[02:03] The days leading up to my daughter's birth
[03:44] What made my business be at the place it is at right now...
...
EP 108: How To Grow Your Audience Even If You Don't Consider Yourself One Of The "Cool Kids"
Growing up, I didn't consider myself to be one of the 'Cool Kids' and building an online business in an industry where there are way cooler people out there really affected how I showed up.
That is why, over the course of the years, I have been doing some work on rewriting some of these stories I have been telling myself for many, many years now. This is actually a part of the curriculum we are going through right now with one of my programs called Mindset Mastery.
Now if you are like me who doesn't feel like you fit in or doesn't feel "Cool" or are not that Social Media Savvy, I wanted to let you know that you do not have to let this hold you back from getting out there and making the impact you were meant to make in this world.
In this week's episode, I talked about the biggest shifts I made to get out of my own way and grow a following of over 21K people and helping clients all over the world to build businesses that create consistent recurring revenue.
Main takeaways:
[04:30]...
