#113: Maximize Your Business Potential: Highlights from Our Growth Workshop
The Founder Podcast
Chris Lee
5 • 1.4K Ratings
🗓️ 2 July 2024
⏱️ 34 minutes
🧾️ Download transcript
Summary
Welcome to a new episode of The Founder Podcast! Today, Chris and Daryl Kelly, a seasoned business strategist, discuss the transformative power of strategic decision-making in business. Throughout the episode, Chris and Daryl explore the critical importance of having a clear and actionable vision, the role of environmental factors in business success, and practical insights on financial structuring and organizational management. This episode is not only a deep dive into strategic growth but also offers valuable lessons on aligning business goals with personal values to foster both professional and personal development.
https://nextlevelhomepros.com/june25thworkshop
Highlights:
"Vision without action is merely a dream. Vision with action can change the world."
"Charge more for the experience you provide. It’s about who values you and what you offer."
"Your environment impacts your growth. Change it, and you change your path."
Timestamps:
0:00 - Introduction and a case study
1:33 - The Importance of Understanding 'Why' in Business
3:17 - Defining Personal and Business Goals
4:54 - How Clear Goals Motivate and Drive Business Progress
8:22 - The Role of Environmental Influence on Business Success
13:27 - Overcoming Challenges and Transforming Your Mindset
16:08 - The Dynamics of Pay Structure and Employee Incentives
19:49 - The Impact of Pay Structures on Business Scalability and Profitability
23:36 - Building Effective Organizational Structures
27:24 - The Power of Role Definitions in Scaling a Business
30:02 - Recap and Closing Thoughts
Looking to scale your business? Want to learn directly from the same team that helped me sell my last business for 9 figures? Click this link below to check out how you can work with us. https://nextlevelhomepros.com/grow-home-service-vsl
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Transcript
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| 0:00.0 | As a business owner you will continue to struggle with building and growing until you get clear on exactly what your vision is. |
| 0:08.0 | In this episode we're actually going to go over what we taught during our five-year workshops so crazy like literally we have had the |
| 0:15.9 | craziest results this thing happened two days ago a guy actually reached out to me today to |
| 0:21.5 | let me know that he's actually doubled his |
| 0:24.4 | profit margin on his offer. This guy goes and he sells roofing. He |
| 0:29.0 | increased his price by 20% and he has doubled his profits. In fact, just wanted to read you a message |
| 0:37.0 | that he shared in a group which is just absolutely crazy. |
| 0:42.6 | So this was online that he shared this. |
| 0:45.8 | He said, I was in a workshop on Tuesday and it was great. |
| 0:49.8 | There was some discussion about charging more. |
| 0:51.8 | I am one of the most expensive |
| 0:53.2 | ruevers in my area already but based on discussions it seemed like I should be |
| 0:57.3 | charging even more. On my flight home I put together a proposal that included a |
| 1:01.6 | 20% bump in my usual price. They just signed. They are buying the |
| 1:06.2 | experience I provide. Who wouldn't rather work with people who value them and what they are truly |
| 1:11.5 | providing? charge more. |
| 1:14.0 | And this is just one of the many things that we are going to be talking about today, me and |
| 1:18.2 | myself and Darrell, about the five-year growth strategy and workshop that we covered so excited to jump in and with you guys |
| 1:25.6 | cool so to get started when we looked at how we wanted to start this off we really |
| 1:29.6 | wanted to make sure that everyone understands the why of why they're in business. |
| 1:35.0 | That's more than just making money in your business. |
| 1:37.2 | It's more than just being a successful business owner, but it really comes down to who you are |
... |
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