4.8 • 18.1K Ratings
🗓️ 24 March 2024
⏱️ 11 minutes
🧾️ Download transcript
In this episode of the GaryVee Audio Experience, I'm giving my best advice to scale a business. We'll be talking about how to invest in your business, how to create a personal brand, and how to charge your clients more. If you're interested in growing your business or improving your marketing skills, be sure to watch this video! I think you'll find this video informative and helpful! I hope you enjoy!
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0:00.0 | Do you have like are there any like big mistakes that you made in the beginning that you would tell someone not to make? |
0:08.6 | It's a funny thing to say no I probably made 800 they're just so they're so irrelevant I think the biggest |
0:15.9 | mistake not to make is to not invest in your business too many people start a |
0:19.7 | service business that and the money they make they use to pay for their lifestyle when they're still in the |
0:26.6 | beginning. I didn't buy $27 martinis. That's the fatal flaw of a young business, not putting money back into |
0:37.8 | business. The number one flaw is not hiring somebody as fast as possible |
0:42.4 | because you're spending that money on the night on the town |
0:46.4 | whether that's expensive coffee or oubers or actually nights on the town because you're young |
0:51.9 | and you want to but what you're doing is you're not feeding your business |
0:56.4 | You know you may be feeding your you know your your your your your insecurities you might be feeding your vanity you might be feeding a needed |
1:06.4 | break here and there but too many people waste money that the business is bringing |
1:10.1 | to them on themselves instead of feeding the business. |
1:13.8 | How many thousand other clients do you have? |
1:17.0 | So, six. |
1:19.0 | Perfect. |
1:19.4 | So you have six 1,000's paying you 1,000 a month |
1:22.4 | and 2 4,500s, right? |
1:26.4 | On the 6, 1,000s, think about this, |
1:29.2 | if you go to all of them and say, |
1:31.4 | how long is your contract with them usually six months great if you |
1:36.5 | give them the preview now if you go to three of them three of the six. Right. |
1:43.0 | And you say, hey, just to give you an FYI, |
... |
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