Next Level Business Coaching Session No.1
The Five-Step Profit Formula To Grow Any Business!
In this session, we explore the five-part profit formula to grow any business.
Growing your business is a process and just like any other process, there is a specific formula that governs its success. The formula you need to follow to grow your business is the ‘five-step profit formula’. By adopting the five-step process to all areas of your business you’ll be able to grow and scale your business in a systematic guaranteed way. Business growth is no longer left to chance, it’s predictable and bankable.
Here’s what we’re going to cover in this session:-
(Each video is approximately 23 minutes long).
Video One.
- We define the 5 steps of the 5-step profit formula.
- We look at lead generation, the definition of and examples of lead generation, and why it’s an integral component of the 5-step profit formula.
- We look at lead conversion, the definition of and examples of lead conversion, and why it’s an integral component of the 5-step profit formula.
Video Two.
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- We look at why the number of transactions is important and what you should be doing to increase your number of transactions.
- We look at the average sale price, why it’s essential, and how to increase it.
- We examine your margins, why they’re important, and how to increase them.
Watch the videos here (each video is approximately 23 minutes long).
Business Book Summary (Good To Great).
It is increasingly difficult for today’s successful business owners to dedicate hours every day to read the business books they need to digest, to keep moving forward. This is why we’ve started our “Done for you” business book review reading service, where we distill the essence of a business classic into a short readable chunk that you can read in about 20 minutes.
The book we’ve selected to go along with this Session is:- Jim Collins ‘Good to Great’ Why some companies make the leap and others don’t. Buy Here on Amazon
Click the Image to read the book summary.
Commitment Form
Click on the image to access the commitment form. Remember that the commitment form is about holding yourself accountable. You’re going to make a commitment to get something done before the next session. This doesn’t have to be a big thing but it does have to be something that moves your business forward.
Once you hit submit on the form you will receive an email which will contain a PDF listing your commitment/s. I would recommend printing this out and signing it. Then place somewhere you will see it on a regular basis to remind yourself of the commitment you made.