A Strategy That Creates a Fortune
DarrenDaily On-Demand
Darren Hardy LLC
4.9 • 1.8K Ratings
🗓️ 17 October 2024
⏱️ 8 minutes
🧾️ Download transcript
Summary
Are you running your business on tactics or strategy? Darren unveils the game-changing shift you need to make if you want to turn your business into a wealth-creation machine. It's time to stop chasing short-term wins and start focusing on long-term value! Dive into this powerful episode to learn how you can transform your business approach and create sustainable, lasting success.
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Transcript
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| 0:00.0 | Welcome to Darren Daily on demand, your most trusted resource to help you become better every day. |
| 0:07.0 | Here's your success mentor Darren Hardy. |
| 0:10.0 | After our series on the three keys to finding your big breakthrough, I thought |
| 0:16.5 | you'd appreciate me sharing one critical marketing idea with you. Here's the |
| 0:20.6 | problem with most small to mid-sized businesses is that they are mostly tactical. |
| 0:25.0 | One of the biggest reasons most businesses don't scale into a sustainable and predictable wealth creation machine is |
| 0:32.0 | they simply go from executing tactic after tactic after |
| 0:35.8 | tactic and hoping that something works. And some do, but not for long. So they are on a constant |
| 0:41.5 | never-ending treadmill, always on the verge of collapse. |
| 0:45.2 | Instead, you want to run your business off of strategies, not tactics. |
| 0:50.4 | I'll give an example to explain the difference between the two. A friend of mine had an online |
| 0:54.1 | store that sold heart monitors. That's it, just heart monitors. He had a URL of something like |
| 1:00.1 | heart monitors.com or something and if I'm remembering that correctly, it was years back. |
| 1:05.4 | We were having lunch together in San Diego one day and I was asking him how his business was going. |
| 1:11.1 | Not as good as I hoped, he said. Why is that? I asked. Then he explained |
| 1:14.7 | how he had just run an expensive ad in competitor magazine that cost $50,000. He sold |
| 1:20.2 | $40,000 worth of product after his cost of goods, he lost $25,000. |
| 1:25.2 | I said, okay, then what? |
| 1:28.1 | What do you mean? |
| 1:29.1 | Then what? |
| 1:30.1 | I just |
| 1:35.0 | I asked. |
... |
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