One Thing: Day 233: Advertising. First Class. Cars.
Karl Bryan
Creator of Profit Acceleration Software, Digital Acceleration Software and Group Coaching Software
Day 233: Advertising. First Class. Cars.
Yesterday I was talking about how my boy Jeff Bezos says you should go ‘step by step ferociously’….
And that women only control about 99% of all household buying decisions.
You can fight it or profit from it.
Up to you.
Speaking of women.
I keep hearing it takes a village to raise a child.
Do they just show up or is there a number to call?
Anyhoo…
Your ONE COACHING THING Today Is:
‘A Feedback Loop’
A feedback loop is the part of a system in which a portion of the systems output is used as input for future operations.
The output of the system pours gasoline on it (positive feedback) or hits the brakes (negative feedback).
The only problem is that very few have a feedback loop in place.
Here’s An Example.
One of my clients, whose about to have a baby, sent in this question for my podcast:
“How do I take my coaching from $100,000 to $500,000?”
My answer was a long one that covered multiple scenarios but a big part of it was that you need a feedback loop.
Here’s what happens:
A business coach goes from $100k to $200k….
Buys a new expensive car.
A new expensive boat.
A new expensive house.
Starts flying first class.
And the list, unfortunately, goes on.
When you’re making $100,000… live on $60,000 and $40,000 feeds back into the system.
Or when you’re making $200,000… live on $80,000 and feed $120,000 back in.
How?
Hire a new team member.
Buy advertising.
Build products.
Join groups and use software that will instantly elevate your coaching business by association (as in join my community of rock stars).
Etc…
If you do it at $100,000 you will create a foundation that will propel you towards your goal of $500,000.
Train yourself to feed money back into your system SUCCESSFULLY.
Don’t expect to get it right the first time.
Your first team member might not work out.
Your first advertising program might lose money.
Your first product might not be a grand hit.
The first group you join might not work out as planned (unless it’s mine).
You heard it here first.
The goal is to be wealthy… not to look wealthy.
*Forward this to someone that needs my daily email in their life.
Obsessed with your business coaching success,
Karl Bryan aka King Karl
PS. The lesson I learned the hard way while my family was away… Don’t cook sausage while naked.
Carry On.
PPS. If you’re looking for a proven system to follow for your coaching…. I created business coaching software and high-end step by step training to support it…
It’ll teach you ‘How to find any small business owner $100,000 in 45 minutes without them spending an extra dollar on marketing or advertising.’
Imagine finding your annual $12,000 to $50,000 coaching fees BEFORE you started coaching your new clients?! And a proven coaching system created for you to follow with your new coaching client.
Reply to this post if you want to start following a proven coaching system.
PPPS. Forward this to someone that needs to subscribe to my daily emails and get a limited time, complimentary subscription to my business coaching magazine go here:
https://thesixfigurecoach.com/subscribe/
PPPPS. They tell me my Podcast is Ric Flair style, Money Makin, Client Getten, Joint Venture Landing, Event Fillin', High-End Coaching Client Findin' Gold For Business Coaches.
Entertaining, Informative, Uncensored, Unedited: