#125: Scaling Fails: How Financial Blind Spots Cost Him Big
Next Level Pros
Chris Lee
4.7 • 165 Ratings
🗓️ 24 September 2024
⏱️ 55 minutes
🧾️ Download transcript
Summary
Welcome to a New Episode of Next Level Pros! Join us in this insightful episode as we sit down with PR expert, Ulyses Osuna. Known for his remarkable work with top industry figures, Ulyses shares a candid look into the financial hurdles and strategic pivots of scaling a business. Dive deep into the practicalities of growth, the importance of understanding financial metrics, and how Ulyses recalibrated his business model to align better with both his professional and personal life.
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Highlights:
"You can grow, but it doesn't work like that if you don't understand the underlying metrics."
"The right reasons to grow a business are about making it the vehicle for your life, not just your life itself."
"Scaling isn't just about growth; it's about smart, sustainable actions that align with your long-term vision."
"When you truly understand your business numbers, you unlock the power to scale effectively."
Timestamps:
00:00 - Introduction: The pivotal decisions in business growth
05:24 - Ulyses discusses the challenges of scaling too quickly
11:00 - Breaking down the cost of goods sold and gross margins
17:00 - Importance of fixed and variable costs in scaling
23:16 - The strategic recalibration for better business health
29:45 - The psychological impact of rapid business changes
36:05 - Sales strategies and maintaining quality during growth
42:11 - Leveraging existing resources to maximize output
48:22 - Effective financial strategies for sustainable growth
50:37 - Closing thoughts
Want me to teach you how to grow your business? Text me! 509-374-7554
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Transcript
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| 0:00.0 | I know I needed to do. |
| 0:03.2 | Yep. |
| 0:04.2 | It's because I kept thinking like, it doesn't matter. |
| 0:05.6 | Like we're growing, right? |
| 0:06.6 | The revenue is increasing, but it doesn't work like that. |
| 0:09.6 | Like you can grow, grow. |
| 0:11.8 | Are you struggling to scale to the next level? |
| 0:14.0 | In this episode, we are with Mr. Ulysses. |
| 0:18.0 | This guy has been just an absolute PR Savant, |
| 0:22.0 | been with, worked with so many of the big names, and he breaks down and gets |
| 0:27.1 | super vulnerable where we talk about his financial situation, what's working, what's not working working how we break it out from a |
| 0:34.5 | break-even analysis last year he scaled too fast too quick and left to just like |
| 0:41.8 | some terrible feelings of fear and everything else and so he's |
| 0:45.6 | retracted and how we have worked through in this episode to get him to the point |
| 0:51.0 | where he's gonna take the next level risk, pull some levers, make it happen on this episode. |
| 0:57.2 | Elesis, dude, so what's going on right now, give us like seven |
| 1:05.0 | seven seven yeah dude I mean you've got near with some pretty big names right yeah |
| 1:10.0 | give me some examples |
| 1:11.4 | uh... recently we're working with Cody Sanchez so she just... |
| 1:14.0 | She's cool. |
| 1:15.0 | Yeah, she invested into like Resi Brands. |
| 1:17.0 | So we did the PR for that. |
... |
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