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3 Tips You Need To Grow Profit Right NOW
2nd April 2024 • She Needs Profit • Samantha Varner
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n this episode, Samantha Varner shares tips and strategies for creating a thriving and profitable business.

Takeaways

  • Enhancing the customer experience is crucial for increasing profitability.
  • Regularly evaluate and raise your rates to reflect the value you provide.
  • Analyze your pricing structures and consider bundling services or implementing tiered pricing.
  • Conduct a financial assessment to identify the most profitable products or services. Carve out time to assess expenses and find areas to save money.
  • Focus on increasing sales and seek help if struggling with cashflow.
  • Set money targets for the next quarter and have regular money dates with the business.
  • Implement the Profit First system for better financial management.
  • Emphasize visibility in marketing and lead generation.
  • Determine the number of offerings and handle pricing objections confidently.
  • Be willing to fail and try new strategies.
  • Use client language and gather feedback to enhance the customer experience.

Transcripts

Speaker:

Welcome to the She Needs Profit podcast.

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I'm your host, Sam Varner.

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You know, in my 15 years of business

experience, I've noticed there are three

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things required to create a thriving

business.

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Sales, visibility, and profit.

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And yet most business owners find

themselves overworked, overwhelmed, and

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underpaid.

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If you own a private practice or are a

service -based business owner, this

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podcast is for you.

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On this show, I give you the tools,

strategy, and coaching,

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to run a profitable business and share

stories and insight from people who are

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right there with you.

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Let's dive into today's episode.

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You are in for a treat today.

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I am really excited to share this audio

content with you on the podcast today.

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I got an opportunity to speak in the Sales

Mastery course for Network in Action last

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week.

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And I wanted to bring this content to you

because each and every one of you are

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dealing with these exact problems.

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And this is a chance to hear a little bit

of how I am when I speak live in a group.

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and answer questions and have

conversations all around making more sales

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in our business.

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So get ready, listen in and enjoy this

episode.

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Before we get started though, I wanna

remind you my birthday is coming up.

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I turn 45 on May 7th.

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And my biggest ask for you as podcast

listeners is for my birthday, please,

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please leave a rating and a review.

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I wanna see if I can get 45 new,

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reviews for the podcast before I turn 45.

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So we've got a little over a month and I

am asking you, I know that listening to a

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podcast and getting things done around

your house while you're doing that and

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hopefully I'm inspiring you and helping

you grow your profit in your business.

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And the best way that I know either if I

am doing a great job or missing the mark

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or you want to see different content is by

a review.

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So hop into your podcast player wherever

you hear me right now, take two seconds to

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do a rating and a review, and then send me

a screenshot.

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I would love to enter you into the draw to

do a 90 minute coaching call with me.

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So please, for my birthday, as I'm turning

45, get in there and be one of those 45

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reviews for the podcast.

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And without any further ado, here's me

speaking at Sales Mastery.

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giving you all the goods.

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Hey everybody, welcome to the Sales

Mastery course.

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You are in for a treat.

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Samantha Varner has been a member of NIA.

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This is her third year and she has helped

numerous amounts of people.

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I think we counted like 10, close to 10

that are just NIA members.

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So you're gonna learn from the best.

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Crush.

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profit.

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That's what she's all about.

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So if you want more profit for your

business, listen up and hold on tight

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because she is an ass kicker, but gentle,

but gentle.

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It's good to see some of our members on to

support you, Samantha, and just do your

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thing girl.

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And y 'all can catch the other she's done

this two other times.

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So you can catch the recording of her

other sessions that she's done in the

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video library.

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So you're on Samantha.

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Welcome.

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Thank you for being here.

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Yeah, no worries, Helen.

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Thank you for that.

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You're right.

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I have been around in NIA now for three

years and I'm really excited to get an

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opportunity to talk to you guys again

about profitability.

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So as business owners, we think about all

the time a whole slew of different things,

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right?

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But at the end of the day, if we're not

making profit, then if nothing else, we're

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very frustrated, right?

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We're not taking a paycheck home and

probably getting a little resent.

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of this business that we're operating

with.

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So today my goal is going to be give you a

couple of tips that you can actually

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implement right away and get yourself

started in the degree of more

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profitability than what you have right

now.

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I will be sharing my screen.

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There'll be some slides up there mainly to

keep me on track more than anything else.

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And if you have questions or you want to

make a comment, I welcome you to do that.

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At the end, I've given time.

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we absolutely have time for you guys to

ask me specific questions.

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So if there are things in your business

that are plaguing you right now, or that

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come up over the course of this

conversation, I guarantee first and

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foremost, you're not the only person in

this Zoom room that has that problem.

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So be bold, be brave, put it out there

because the person next to you in the

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Brady Bunch squares is going to appreciate

the fact that you did.

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All of us are struggling with similar

things at similar times in our business.

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And so the more help you can get, the more

you ask me questions, the more you engage,

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the more value you're going to come out of

this session today.

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Okay.

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All right.

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Let's talk a little bit about me.

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So before we get started, so that you have

an idea of what my background is and what

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my experience is.

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I have been now 14 years in PR and

marketing, finance strategy and business

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development.

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I used to work in a corporate job in

multiple different facets and did that in

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Canada.

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Then I moved with my family to Australia,

got all re -qualified to do that again.

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And lo and behold, my husband came home

and said, hey, how do you feel about

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Texas?

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And I'm like, well, it's not Australia or

Canada, which is where I can work.

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So I ended up in Texas.

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And so we've been here in Texas now for 10

years.

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At that point, that's when I decided to

actually start my own business instead of

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continuing to just re -qualify into the

corporate world in terms of finance.

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So I have a lot of experience helping

business owners make more money from all

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sorts of different facets.

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And that's what I decided to do when I

started my own business was help business

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owners make more money right from the

beginning using those skills.

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So I kind of combine the PR and marketing

promotional side of things.

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with finance and business development.

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And all of that together means you should

be profitable and growing your business.

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So who am I?

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I have four kids.

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They used to be my tiny humans, but now 50

% of them are bigger than I am.

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They are 16 down to almost 11.

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I've been doing this profit coaching gig

now for six years, and I host the podcast,

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She Needs Grip.

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So if you're ever looking for more of me

in your ears when it comes to building

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your business,

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go on any of the podcast platforms and

listen to She Needs Grit.

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It is there and it talks exactly about

what we talk about day to day on these

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presentations.

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It's the same sort of material that's

helpful.

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At the end of the day, I think with a show

of a thumbs up, the majority of us have

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started businesses because we want more

freedom for time and more money freedom,

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right?

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We want to be able to make more money in

less time, ideally, or at least equivalent

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time.

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And,

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the reality is a huge portion of us as

entrepreneurs aren't even taking a salary.

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So we get into these businesses thinking

that's what we want to create for our

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lives.

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And then the reality sets in and it's

maybe a little bit harder than we

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anticipated.

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So what we want to talk about today is how

can we get from where we are right now to

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that goal that we had when we started our

business, when it comes to finances,

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profitability.

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making a salary that actually gets all the

way home into your genes, that of course

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is when it makes a difference to us as

individuals.

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So we're going to hop straight into this.

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The number one tip I'm going to say to you

today in terms of increasing your

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profitability in the shortest window

possible is enhancing your customer

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experience.

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And enhancing your customer experience

isn't just what it looks like to actually

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deliver the product at the end of the day.

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But in fact, it is as soon as you start

putting your information out there,

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communicating with potential clients all

the way through to when we get to the

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point where we're off boarding people,

where they're no longer our clients, and

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we're still creating a seamless transition

for them all the way through those full

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steps.

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Right now, most of my clients are

struggling in this area.

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I am noticing that we understand the...

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service that we're providing, we're

probably very good at the actual service.

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So doing that client work, I have to

create a deliverable and I have to do the

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work to create that deliverable and then

I'm giving it to a client.

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What is probably happening though, at

least some of the time is missed

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communication, misunderstandings between

clients or potential clients, falling off

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and dropping things on the follow -up

standpoint.

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So when you think of all the people that

you've ever met,

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that have expressed even a minute level of

interest in your business, there is a huge

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portion of those people that have fallen

through the cracks in some way.

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They're either that pile of business cards

that are on your desk right in front of

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you where we're sitting, or they're the

people that you're like, oh yeah, I spoke

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with Tom and he was mildly interested and

then I forgot Tom existed altogether until

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Sam just said that and now I'm like, oh

crap, I need to write that on a post -it,

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right?

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How many of you are in that situation

where you can think of at least a couple,

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if not a handful of people that should

have been touched in some way that we've

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dropped the ball on?

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Anybody in that position?

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Okay, yeah, yeah.

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Okay, so what do you have to do in your

business to streamline that process?

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What do you have to do in your business to

better capture those people, better put

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them into whatever your marketing funnel

is?

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It doesn't matter what your marketing

strategy is, right?

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What your promotion strategy is for your

business.

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What matters more is whether or not you

have a way to track those people right

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from when they connect with you

originally, all the way through the

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process.

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And it takes effort.

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One of the things that I will do is if I

meet you in person and you hand me a

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physical business card at this point, I

will write a note on the back.

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I will find out from you that you just got

your house painted.

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I will find out from you that you've got

kids similar age to mine.

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I will find out from you that yes, you're

also frustrated with 13 year old boys

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because they're crazy or whatever it might

be, those connection points that we make

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in a conversation.

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I now am 44.

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I am no longer able to keep all of that

information in my head and reliably

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remember it when I meet you somewhere down

the road.

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But if I do that and I write it down on a

business card and then I enter it into my

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CRM, I am going to remember those things.

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So what that means is when I have

conversations with you or when I email you

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something directly, I can pop in a little,

hey, how's it going with the team?

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Or are Air Jordan's as big a deal at your

house as they are at my house?

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Or whatever that might be, that connection

point that we've come up with, that makes

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all of us feel really special.

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that makes us feel like we care.

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And the beginning of that is just putting

that in place, right?

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Giving yourself the opportunity to

remember those things.

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I would argue that almost everybody that's

on here and putting so much time and

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effort into building their business and

doing it through networking in particular,

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you do care.

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You do remember those things.

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Those things are important to you.

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So start to make that systemized in your

business.

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and see how that starts to change how you

interact with clients.

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Does anybody have any questions around

that specifically or any circumstances

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they've dealt with in the past in regards

to this?

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This is Tamika.

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I just wanted to say that the point you

made about finding out something about

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your potential client in terms of

connecting with them, I'm finding that to

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be more and more true.

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I have a nonprofit organization.

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And what I'm learning is that people

invest into people.

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And so when you just said that, again, it

just reiterated that getting to know

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people and knowing something about them

will cause them to want to connect more

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with you than you just trying to sell

something to them.

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So thank you for bringing that up.

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You're welcome.

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You're welcome.

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It's one of the pieces that I think I

share with clients in particular when they

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have the feeling that.

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there's 10 ,000 people in their same

industry.

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So are providing a similar service.

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I think realtors always come to mind that

there is lots of realtors all looking to

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do the same thing, right?

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They're helping you buy or sell a home.

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And we don't buy from somebody because

they have a fancy sign.

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We don't buy from somebody because they

have a deckle on their truck.

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We buy from somebody because there is some

sort of intimate connection made between

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that other human being.

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There's a connection where you're like,

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I recognize you, I see you.

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We are living a portion of the same life.

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That's why people buy from you.

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They buy because of who you are as a

human, not because of what it says on your

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business card.

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So the better we can get at actually

caring and actually finding things out and

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asking questions that have nothing to do

with the sale, but just truly because you

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want to get to know this other human being

that is in front of you, the better.

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The other piece,

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about this that I have here is surprising

clients with unexpected bonuses or

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personalized offers.

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This can go a really long way if you have

this available in your business.

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Not everybody will have this just

depending on the nature of their business.

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But saying to somebody, I am personally

inviting you to this specific offer and

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you are truly specifically inviting them.

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Don't BS about this, right?

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We want to be legit.

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We want to say, hey, this is to just my

clients who

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have been with me for a year.

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This is for just clients that have gone

through my programs.

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This is something for people just in the

NIA space, something along those lines.

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But people feel valued when you think of

them individually.

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I know that we are in this period and

system of automation, and I strongly

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believe in automation in your business.

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But there is something so great about

getting somebody's email that is actually

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just talking to me.

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And it's not just sounding like it's just

talking to me, but it's actually an

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individualized email with information just

for me because they were thinking about

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just me.

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So I want you to think about ways in which

your business, you can just step it up a

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little bit, right?

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1 % better in this area will create

greater profit.

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And it does because people will be

purchasing or repurchasing from you more

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frequently when they feel that kind of.

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love from you if we want to call it that.

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Okay?

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So in terms of action steps on this, I

want you to make sure you have a client

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customer database.

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I want you to use it to its full potential

and lean into using it.

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Okay?

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Make sure you take advantage of the note

system, but don't be like the doctors.

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They come into the room after they have

your chart on the wall, you know, that

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little spot where they put it on the wall

and you hear them pick it up.

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They don't even look at it.

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They come in the door and they ask you all

the questions that are already answered in

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there.

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Take the time to review the notes before

you hop on a call with a client and then

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shout out, how was your spring break?

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How did that go?

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What was the vacation like?

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Did you have trouble with your flights?

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Whatever it might be, ask the question.

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Take the time to do that.

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It'll make a big difference.

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Implement a loyalty program.

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There are a lot of businesses where you

can implement some sort of benefit for

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being with you for a long time.

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is going to take a bit of creativity

depending on what your business is and how

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it's structured, how that could look, but

it is worthwhile doing that and saying to

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clients, I want to keep you are a valuable

member of my client database.

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How can I show you that?

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Right?

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How can I show you that with a discount on

your third purchase or something along

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those lines that are going to just make

them feel better?

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The third thing is train.

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staff on exceptional customer service.

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Now, everybody talks about exceptional

customer service, but what I need you to

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do if you haven't done this already is I

want you to define what exceptional

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customer service looks like to your

business.

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What does that mean from the original

greeting, the tone of people on the phone,

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the way that you respond to emails, the

sign -off on emails?

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What is it that makes exceptional customer

service look like that in your business?

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This is different than how everybody else

does it, but that standard in that care in

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training your people to also deliver in

that way will make a big difference moving

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forward as well, because they get that

consistent level of customer service, no

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matter who they talk to, whether it's me,

whether it's my assistant, it should all

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sound the same.

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It should all come across the same with

the same level of warmth or ass kicking or

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whatever it is that they get from me.

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I want that to exist across the board in

my company.

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Okay.

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So that's tip number one is really looking

at that customer service standpoint and

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seeing by doing those things, how you can

increase your profitability.

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Tip number two.

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And the first point on here, I tell you

guys, I say this every single time I talk

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about profitability.

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When is the last time you raise your

rates?

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And for those of you that are groaning

right now and you're like, Oh, I don't

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want to, I will lose clients.

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I have all of this thought that comes up

when Sam says raise your rates.

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I guarantee to you,

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You could also raise your rates and get

more clients.

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You can raise your rates and your clients

will say, yeah, no problem.

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Not a problem at all.

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Of course I will pay that.

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You will be surprised.

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And it is an immediate jump in

profitability because nothing else has

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changed.

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The cost for you to provide said service

is the same.

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It just is being brave and having that

conversation and figuring out what that

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looks like.

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But I really want to give you that push to

say if you haven't raised your rates in a

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long time,

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or even arguably in 12 months.

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If you need help with that conversation, I

can help you with the wording, but it's

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time to do that.

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Some of the other things I want you to

think about in your business, assuming of

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course that you have control over these

things, is how are you speaking about your

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rates?

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How are you speaking about the cost of

your services?

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And how are you selling that to a client?

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Are you talking about value -based

pricing?

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Are you talking about the benefits that

your service provides clients?

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Are you being very clear that that is

answering the actual problems that they

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are saying they have?

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We sometimes will get in our heads about

how we speak about our business and we

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think we're solving X problem for a

client.

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And the reality is that's not the words or

the way that they would describe that

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problem.

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So I want you to really go into that and

go back through reviews that you have, go

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back through testimonials you have from

clients and make sure that when you're

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selling to the next

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versions of clients that you're using the

same language as your current clients.

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It'll be an easier sell if it sounds like,

oh, that's exactly what I was thinking.

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That's exactly what I needed.

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That is exactly what I was looking for.

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Sometimes we can miss the mark on that a

little bit.

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The other option for increasing or looking

at your pricing strategy is bundling your

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services.

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Is there a window of time in this season

of your business where it's a bit slower?

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Is there a way to bundle things together

and get

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most of the money that you would have

gotten for two separate?

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Is there a time where it makes perfect

sense that somebody would want to do

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pressure washing and window washing all at

the same time?

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Does it make sense to give them a little

bit of a cut so that you're getting both

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parts of that job?

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Think about the ways that you can do that.

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And maybe you do it occasionally

throughout the year, but you're getting

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more sales with the same client base.

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You're just offering it at a different

time.

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The fourth one there is the idea of tiered

pricing.

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If you have the ability to start to think

about if you are a bronze, silver or gold

376

:

client, where can I add value and also add

revenue for your business?

377

:

There's a lot of times where we get stuck

in, we have done this the same way over

378

:

and over and over again for the last five

years and we haven't ever looked at these

379

:

things.

380

:

There is no reason why you can't go back

to the drawing board and be a little bit

381

:

creative and see,

382

:

what parts of this might be really

appealing to clients.

383

:

You may be surprised that by talking about

a bundled service for a quarter of the

384

:

year, you make far more sales than you did

when you were talking about the individual

385

:

products.

386

:

So I want you to just take the time to be

super creative and figuring out ways that

387

:

you could create additional revenue just

through pricing in general.

388

:

Anybody have any questions on there?

389

:

Anybody?

390

:

ducking my eyeballs to try and avoid

talking about pricing because I know it's

391

:

hard.

392

:

Question is, uh, when do you know it's a

good time to up those prices?

393

:

Ooh, my profit coach self says, if you're

asking me that question, it definitely is.

394

:

If you haven't raised your rates in the

last 12 to 18 months, absolutely,

395

:

absolutely.

396

:

It's time to do that.

397

:

And if it's been longer than that, it's

not even a question.

398

:

Samantha, it's Patrika.

399

:

Would it make sense to do?

400

:

Hello.

401

:

Just a standard 3 % at the beginning of

each year just because of cost of living

402

:

and inflation?

403

:

You definitely can.

404

:

I'm not opposed to that, but I do think

sometimes looking at your increase of

405

:

rates, you can do it from a cost of

living.

406

:

Everybody's getting very used to that

discussion, right?

407

:

The inflation, et cetera.

408

:

But also, where are you trying to go with

your goals?

409

:

Would it be a 5 % increase is actually

going to hit those goals that you're

410

:

trying to hit?

411

:

Is that beyond the realm of what people

are willing to pay, right?

412

:

We still are operating in an open market.

413

:

So we still need to be cognizant of what

our competitors are doing or how we're

414

:

standing apart from our competitors.

415

:

But I like the idea of making the

assessment both on what does the company

416

:

need for growth and what does the market

bear?

417

:

Yeah, that makes sense.

418

:

I was just thinking at a minimum.

419

:

It is.

420

:

better than doing nothing, but run the

numbers, right?

421

:

Run the numbers and say like, we went 3 %

across the board, that turns into X, but

422

:

we're still 10%, let's say lower than the

competitors.

423

:

Okay, well, what if we did seven?

424

:

Would people still like, what would be our

expectation or what if we did 7 % on a

425

:

certain portion of what we're doing and

then 3 % on something that has a lower

426

:

margin or whatever that might look like?

427

:

I have some input.

428

:

So we recently increased our base packages

up from, I think it was 550.

429

:

We did a hundred dollar increase to 650

for some digital SEO stuff.

430

:

But when we did that increase, it wasn't

based on percentage.

431

:

We looked at what we were doing.

432

:

We asked ourselves, how can we do even

better?

433

:

And then we looked at the numbers and we

kind of worked backwards, right?

434

:

So we didn't just look at it from a profit

perspective or like, how can we charge

435

:

more because of inflation and

436

:

We just want to get more money.

437

:

We asked ourselves, how can we make this

worth a hundred more dollars?

438

:

Right?

439

:

So what we came up with was something

pretty simple, but we just improved our

440

:

communication instead of responding to the

client when they would reach out, we

441

:

proactively reach out to them now on a

monthly basis.

442

:

And we just give them those updates and

the small wins along the way.

443

:

And you know, just that open line of

communication has seemed to be worth the,

444

:

you know, the

445

:

the increase for a lot of the clients.

446

:

So we're also doing some technical stuff

as well.

447

:

But I think that I think it's relevant for

the conversation.

448

:

Yeah, that's a really good point.

449

:

And I want to say kudos to you for raising

your rates.

450

:

I think that's really good.

451

:

I also want to say in most cases with most

business owners, when I talk to them and

452

:

actually look at like, what are you what

are you providing?

453

:

And what are you charging?

454

:

You're still mostly under charging.

455

:

So

456

:

There's a place for that evaluation

Matthew, it's fantastic, right?

457

:

That like, what could we do better?

458

:

What can we step up?

459

:

What can we improve in the business

overall?

460

:

And how will that be of value to the

clients?

461

:

But also knowing that oftentimes you could

change nothing and still raise your rates.

462

:

It doesn't necessarily have to be both.

463

:

Not to say that we can't all improve

because we 100 % can, but just knowing

464

:

that too, most of us are undercharging for

service -based businesses full stop.

465

:

I 100 % agree.

466

:

Thank you so much.

467

:

You're welcome.

468

:

So here's the action pieces.

469

:

And again, this PowerPoint is going to be

available to you on the NIA site.

470

:

So you will be able to go back if you're

not taking notes or screenshots like a

471

:

crazy person.

472

:

Don't worry.

473

:

I promise you'll get it.

474

:

So taking action.

475

:

We want to analyze our pricing structures

in terms of your pay.

476

:

So how much are you wanting to get paid?

477

:

The cost of providing your service, which

is going to be obviously your physical,

478

:

tangible things that are costing you

money.

479

:

your time and whatever overall expenses

you have just to keep your doors open.

480

:

Look at that in the evaluation phase of

how much are you charging?

481

:

And this is what I help clients with all

the time is actually coming to a number

482

:

and that number shifts over time.

483

:

Asking clients, this is a big one.

484

:

And if you can be brave and open to the

dialogue and it's really important that

485

:

you take this not as a personal affront.

486

:

But if you ask a client what they wish you

provided, what service is not available to

487

:

them that would go in conjunction with

what you do, and just ask the question.

488

:

We're not saying we're going to provide

it, but at least it would give you some

489

:

insight into the breadcrumbs of the path

that you could start following and ask

490

:

them where they think you can improve.

491

:

If you have good relationships with

clients and you nurture those

492

:

communications, those open communications

the way that Matthew just said, especially

493

:

in a case where it's...

494

:

them saying, Hey, we're going to now start

updating you every single month with

495

:

what's happening in the small wins and all

of that.

496

:

And then also at the bottom of that email,

you say to them, we are open to your

497

:

feedback.

498

:

Is there anything we could have done

better in the last 30 days to help you

499

:

with the growth of XYZ SEO in this case,

or whatever you're doing in your business,

500

:

be open to the responses and then respond

back with thank you so much.

501

:

I appreciate your.

502

:

feedback, we will take that into

consideration as we move forward to build

503

:

bigger and better things for you.

504

:

So you don't necessarily have to implement

everything, but if you can ask them what

505

:

they wish you had that you don't and where

they feel you can improve, those two

506

:

things can give you really clear direction

as to where you can go, especially if you

507

:

get it from more than one person.

508

:

Okay, then experiment with different

pricing models and monitor your results.

509

:

So talking about what we talked about on

the slide previous,

510

:

thinking about bundles, thinking about

different creative ways that you can start

511

:

assessing your pricing model and see what

the results are.

512

:

If you put in a bronze, silver, gold

package for what you're doing, and all of

513

:

a sudden you realize people are actually

less interested in the bronze, which is

514

:

your standard, but they're actually

interested in that upgrade that they see

515

:

over there in the silver package, that can

be great insight.

516

:

And you can just make that standard

pricing and maybe you drop the bronze

517

:

package altogether.

518

:

So,

519

:

Take the time to do the evaluation of

these things as you go through and you'll

520

:

be surprised what you will uncover.

521

:

Anybody else have any questions before we

move to the next one?

522

:

No?

523

:

Okay, cool.

524

:

And here's the big one.

525

:

You guys are really excited about this.

526

:

I know everybody is like, yes, can I do a

financial assessment?

527

:

Okay, here's what we need to do.

528

:

We need to know what of our services or

our products are bringing in the most

529

:

cash.

530

:

and which ones need a boost in sales or

need some attention and need to be revised

531

:

or possibly need to be just dropped

altogether because they're not making us

532

:

any money.

533

:

As entrepreneurs, we get very, very busy

in the actual creation of the product

534

:

themselves and the interaction with

clients.

535

:

And we don't always go back and say like,

is this still working?

536

:

Does this still make sense in my business?

537

:

Do I still need to offer all of these

things or can I offer less?

538

:

This is an opportunity to do that.

539

:

You have to carve the time out as a CEO to

be able to do that.

540

:

Okay.

541

:

It can be hard, but I want you to carve

the time out to do that.

542

:

The next piece is checking your bills and

your expenses and figuring out where you

543

:

can possibly save some money.

544

:

One of the first things I do with clients

is let's look at your expenses because I

545

:

can often make cuts there that are not

detrimental to the business and not

546

:

detrimental to what you're creating, but.

547

:

the cashflow all of a sudden is just a

little less tight than it was the day

548

:

before.

549

:

We all have expenses that we're used to

paying that aren't necessarily being used.

550

:

Software is we've signed up for, programs

we figured we would do, any number of

551

:

different things, advertising strategies

that we thought were gonna work and

552

:

they're actually not creating any return

on investment, those sorts of things.

553

:

We sometimes let those slide for months

just because we're busy and we're not

554

:

assessing those things.

555

:

So taking a look at those with an eye to,

do I need you?

556

:

Are you necessary?

557

:

And are you creating a return for me in my

business is critical.

558

:

Okay, make sure you're selling enough.

559

:

Now that seems kind of obvious, right

guys?

560

:

Like make sure you're actually selling

things.

561

:

But I also know that there are people in

this audience right now that are like, oh

562

:

Sam, that doesn't feel good at all.

563

:

Because some of us are not making enough

sales full stop.

564

:

And if that's the issue where you're not

making enough sales to pay yourself and or

565

:

to keep your doors open, right?

566

:

If cashflow is starting to become a very

tight thing month in, month out, month in,

567

:

month out, I cannot tell you enough that

you have to come up with a different plan.

568

:

You have to figure out how you can

increase your sales.

569

:

I can help you with that.

570

:

There's lots of people I know within the

NIA family that can help with that, but

571

:

it doesn't have to be that way.

572

:

You don't have to be struggling for sales

and struggling to make payroll, that sort

573

:

of thing.

574

:

It's time to ask for help if you're in

that position.

575

:

And part of it is making that assessment

that we talked about those first two

576

:

bullet points.

577

:

And part of it is just maybe you need an

objective view to say, hey, have you

578

:

thought about this or this because you're

so in it, right?

579

:

It can be very difficult to make these

assessments when you're knee deep in it on

580

:

your own.

581

:

It can be lonely.

582

:

The other thing is,

583

:

making sure you have enough cash to pay

the bills.

584

:

So there comes a point as a business owner

where there is cash in the business and we

585

:

need to be deciding, are we investing this

cash?

586

:

Are we reinvesting it into equipment or

people or software technology, that sort

587

:

of thing?

588

:

Are we keeping it in the rainy day fund?

589

:

What are we starting to do?

590

:

And so this is where you want to start

really working with somebody as an advisor

591

:

to your finances.

592

:

to help you both with your personal

finances, but then also with your business

593

:

finances and making sure that they're

working together.

594

:

We want to start to have some liquidity in

the business that is not there for the

595

:

month to month turnover of cash.

596

:

Okay.

597

:

The last and most important part is what

money targets do you want to hit next

598

:

quarter?

599

:

We are almost at the end of March now.

600

:

It is important that you keep those goals

front and center.

601

:

Most of us at the very beginning of the

year were very clear.

602

:

We want to make $200 ,000 in our business

this year.

603

:

And we're very excited and we know exactly

what it would work to do that.

604

:

How many of us have gone back to the

drawing board and said like, okay, based

605

:

on the reality of sales for January,

February, now March, are my numbers still

606

:

there?

607

:

Am I doing more than I anticipated each

month?

608

:

Am I doing less than I'm anticipating?

609

:

And if less, then how do I switch things

up?

610

:

What do I need to do?

611

:

Let's do that at the beginning of Q2.

612

:

rather than waiting until the end of the

year, right?

613

:

Too many of us don't look at our goals

again until we're like in November.

614

:

And then at that point, it's a mad

scramble or just to throw our hands up and

615

:

we'll wait to 2025.

616

:

So if that's you, again, I want you to all

the time be looking at what we're doing.

617

:

Okay, so taking action in this book, a

money date with your business.

618

:

Yeah, that really uncomfortable one that

you don't wanna do, sit down.

619

:

actually block out time in your calendar

and do that, right?

620

:

Sit down and evaluate those numbers.

621

:

If you need help with that, please book a

consult with me or with any of the other

622

:

kind of financial experts that we have

within NIA.

623

:

This will make the difference.

624

:

If you are watching your numbers and

understanding your numbers, even if right

625

:

now your numbers look abysmal, I know that

feels really hard.

626

:

I know that it feels very...

627

:

Difficult when you are in that situation

where you're like, I don't know how to get

628

:

more sales I can't seem to find more

clients other people seem to be doing this

629

:

better than I am and I don't want to raise

my hand and say I'm really struggling

630

:

because that feels terrible I will

guarantee to you that in this room anybody

631

:

who has been in business for any length of

time has been in that position we all have

632

:

okay, so Continuing to stay in that

position is the only thing you would be

633

:

doing wrong at this point

634

:

Get some help, get somebody to help you,

get somebody to answer your questions and

635

:

make clear what your next steps are so

that you don't have to stay in that place.

636

:

Making profit and finance as a priority in

your business is absolutely critical to

637

:

long -term success.

638

:

And we want to get to that point where we

have time freedom and financial freedom.

639

:

And we are actually seeing a thriving life

personally from our business.

640

:

Okay.

641

:

So just to kind of top that off, I want to

tell you guys a little bit of a success

642

:

story of a client that I've had recently.

643

:

So she's a lawyer.

644

:

She is running her own law firm.

645

:

She's kind of just getting it up off the

ground.

646

:

She's doing it a little bit differently

than a traditional lawyer would.

647

:

And one of the things she decides is the

money part of things, right?

648

:

So not unlike what we've been talking

about today.

649

:

And she kind of was just avoiding it,

right?

650

:

She didn't want to have to call clients

for...

651

:

bills that weren't getting paid.

652

:

She didn't want to have conversations

about invoices that were outstanding or

653

:

clients that had moved through their

entire retainer and not done anything.

654

:

And in one of our coaching sessions, I had

suggested to her in my ass kicking, loving

655

:

way that she had no choice.

656

:

She had to do this.

657

:

She was struggling with revenue in

February in particular, but January a

658

:

little as well.

659

:

And I'm like, make the calls, make the

calls.

660

:

And she was able to in four days generate

$13 ,500 from current clients that either

661

:

paid their bills and actually, you know,

settled up or clients that needed to go to

662

:

the next step.

663

:

And she was just hesitating because she

didn't know if they would be unhappy if

664

:

she asked for more money.

665

:

The vast majority of your clients feel the

same way when it comes to if you have

666

:

outstanding invoices.

667

:

If you have stuff where you have used all

the time that you've allocated for a

668

:

client, but they still have more work to

do, you can ask for more money.

669

:

You can come back to the table and say,

yes, that project is done to this point.

670

:

Everything that you ask me to do from here

on out actually will require more

671

:

financial commitment.

672

:

Okay.

673

:

So just as a reminder of that, that you

can be in that situation of struggling and

674

:

feeling like I'm not making any money in a

month and then.

675

:

A couple of conversations with clients can

create a five figure month.

676

:

That's possible to you as well, as much as

it is to her.

677

:

Okay.

678

:

Those are my tips, my tricks, my

suggestions.

679

:

I want to open the floor at this point so

that you guys can get some coaching if you

680

:

want coaching or ask me any questions

around what we were talking about today,

681

:

but it's open forum.

682

:

So take advantage of that.

683

:

I have a question about the profit first

system.

684

:

If you've had any.

685

:

success implementing that and would you

recommend it?

686

:

Yeah, I absolutely do.

687

:

I am a huge believer in particular with

the concept of taking kind of your revenue

688

:

minus your profit equals what you have to

spend on expenses.

689

:

That is a huge portion of his kind of

philosophy, Mike McCallowitz.

690

:

And I think just having that mental switch

in your brain of I pay myself and then I

691

:

build my business on what is remaining.

692

:

Instead of the other way around where it's

like I get whatever crumbs are left at the

693

:

end of the day Which is business owners

know it's next to nothing.

694

:

So that piece of profit first is huge and

then spreading out and Separating your

695

:

money into separate bank accounts I have

found to be incredibly effective and I've

696

:

got I don't know handfuls and handfuls of

clients that have implemented the same So

697

:

I'm a huge fan.

698

:

Do you have any specific questions?

699

:

Have you read the book?

700

:

Where are you at?

701

:

Yeah, I read the book and I went as far as

like um,

702

:

There's this bank called Relay that he

endorses.

703

:

So like I kind of set up an account with

that and I have like the different bank

704

:

accounts set up.

705

:

I've been kind of like, I don't know,

maybe we can talk about it later.

706

:

Sure.

707

:

Yeah, absolutely.

708

:

There on the next slide, there's a QR code

and you can find me through NIA as well.

709

:

I'll be able to track you down.

710

:

If you're getting to that point and then

need help with the next step, I can help

711

:

you with that.

712

:

Just, you know, even deciding like what

portions, what percentages of revenue and

713

:

things like that go where.

714

:

I can give you a hand.

715

:

Thank you.

716

:

Got a question in the chat tool.

717

:

First one, what's the number one tip for

marketing and lead generation?

718

:

What you got?

719

:

Just in general, that's a big broad thing.

720

:

Okay.

721

:

Marketing and lead gen.

722

:

I think my number one tip is visibility.

723

:

So you have to decide where you're going

to be visible and then you need to go all

724

:

in and you need to go in until you are

sick to death of your own messaging.

725

:

Until you are tired of saying it and

thinking everybody hates hearing you,

726

:

you're not saying it enough because

they're not seeing it as frequently as you

727

:

think they are.

728

:

So like ad nauseum, you are saying the

same things over and over again.

729

:

I am Sam Barner.

730

:

I am the profit coach.

731

:

I help small business owners make more

money.

732

:

I help them generate five figure paychecks

and scale their business.

733

:

And you can find me on my podcast and or

Instagram.

734

:

You need to be like that and you need to

be like that until you know, your sister

735

:

is telling you to stop and even then you

keep going because social media or even in

736

:

person stuff, it's less frequent than you

think.

737

:

People need to hear it seven to 14 times

before it resonates, right?

738

:

So more is better.

739

:

More is more.

740

:

Right on.

741

:

Next question coming up from Marie.

742

:

I'm curious if you have a specific number

or guideline on number of offerings that

743

:

are good to have.

744

:

And I can.

745

:

Yes, please.

746

:

I can give you more details on that.

747

:

I am a holistic wellness coach.

748

:

So I do, I'm transitioning from straight

personal training to also offering

749

:

wellness coaching.

750

:

My five -year goal is to be completely

shifted over to wellness coaching and no

751

:

longer doing any personal training.

752

:

So I recently closed the personal training

side of my business to new clients.

753

:

I raised my rates.

754

:

Unfortunately, only one client decided to

quit training with me.

755

:

Everybody else was like, oops, great.

756

:

I love to pay more.

757

:

Okay.

758

:

And which is fine.

759

:

Um, but eventually, you know, I want to

drop that piece altogether.

760

:

So I'm kind of refining the coaching side.

761

:

I have one class that I, an eight week

class course that I teach.

762

:

I have a new one that I have developed

that I am going to be starting for the

763

:

first time next week.

764

:

Um, I usually give workshops in promotion

of the classes as opposed to just giving

765

:

workshops to give workshops as an

offering.

766

:

So they're more of.

767

:

part of my launch with the classes.

768

:

I am also now start giving retreats as

another piece of my business because one,

769

:

I think it complements the coaching very

well and I just love going on retreat.

770

:

So if I'm leading it and getting to be on

retreat and make money, it just seems like

771

:

a win -win for me.

772

:

So my thought is I don't think that

there's a number of offers that

773

:

necessarily is good or bad, but.

774

:

I always liked the idea of getting one

offer up solid, reliable, and then moving

775

:

to the next and then moving to the next.

776

:

Cause otherwise you're trying to market

multiple prongs and it becomes kind of

777

:

money when you're like, if you're talking

about the retreat, let's say you're doing

778

:

it every six months.

779

:

So you're talking about that with a long

launch schedule because of course it's a

780

:

bigger commitment and people need lots of

love on that.

781

:

And then you've got the eight week courses

and then you've got the workshops.

782

:

it becomes people are like, wait, so does

she do wellness?

783

:

Does she do retreats?

784

:

Does she, it makes it hard for you to

promote that.

785

:

It's not impossible, but it separates the

amount of work you can put and effort you

786

:

can put all towards one thing.

787

:

So what you could do is kind of have, I

like the idea of a workshop to launch your

788

:

eight week course.

789

:

So if you, if you create that and continue

with that until you get to the point where

790

:

you're like, okay, I've now had 32 people

go through the eight week course.

791

:

Now I have an audience with which to

promote the retreats.

792

:

They're already bought in on who you are

and how you coach and they love you.

793

:

And you will have that out of 32, you'll

probably have like 16 people that are

794

:

like, really love you, right?

795

:

The other ones like you, they really love

you.

796

:

Those are now who you're going to promote

that retreat to.

797

:

And that retreat is probably going to be

eight people.

798

:

So in your whole email, you know, all of

your contacts, you still may get one or

799

:

two that come out of the blue.

800

:

But most of the time they're kind of

coming up the ladder of expense and or

801

:

value for you.

802

:

Gotcha.

803

:

Thank you.

804

:

Yeah, you're welcome.

805

:

All right.

806

:

Anybody else?

807

:

Yes, Samantha.

808

:

Hi, my name is Bill Fahlmeyer.

809

:

I have a photography business and so a lot

of times my pricing, I quote my pricing,

810

:

but then people are like, well, they want

to spend that much money.

811

:

And so how do you combat like, I guess,

the knowledge that that's the correct

812

:

pricing.

813

:

But they're reluctant to pull the trigger

on that.

814

:

Yeah.

815

:

When you're talking to clients, how are

you structuring it?

816

:

Are you structuring it where you've got

kind of like a session price and then

817

:

they're purchasing the prints after that

or what, which way are you doing it?

818

:

Yeah.

819

:

So it's typically like the, the, the

session price plus a certain number of

820

:

digital files that come with that.

821

:

And then if they want to purchase

additional prints after that, then there's

822

:

a cost per file.

823

:

Okay.

824

:

And.

825

:

Can you give me an idea of your price

point?

826

:

Like what would it look like if I wanted

to do family photos and I wanted to walk

827

:

away with 15 photos, for instance?

828

:

Yeah, so the like an hour session is like

$500 and typically that comes with five to

829

:

10 photos.

830

:

If they wanted to get more than that, they

typically are, I'm thinking the price

831

:

range is $25 to $50 a file.

832

:

So you're looking at, you know, $600, $700

for a shoot.

833

:

And then that includes, you know,

834

:

whether I'm on site or in studio, you

know, after processing, uploading, and a

835

:

lot of extra, just a lot more stuff that

goes on than just taking the photo.

836

:

Yeah.

837

:

Okay.

838

:

First off, I think your pricing is fine.

839

:

That I, I think your pricing is fine.

840

:

Where do you think you lose clients in

that talk?

841

:

Is it as soon as you talk about the

numbers or like what point are you like,

842

:

Oh, I had them and then I lost them.

843

:

Yeah.

844

:

So they show interest when I talk with

them about it.

845

:

So like maybe doing a shot of their kid or

something like that.

846

:

And then.

847

:

They go, how much would that cost?

848

:

And I said, well, I have a package that's

$500.

849

:

It gets this many files.

850

:

And it's kind of like, oh, yeah, okay,

great.

851

:

I'll think about it and that kind of

thing.

852

:

So it's really the cost.

853

:

Once I quote the number, they kind of

start to shy away.

854

:

Okay.

855

:

One of the things I would do is see if you

can ask a couple of questions before you

856

:

get to the number.

857

:

So they say to you, whatever, are you

running to these people and they've got

858

:

kids running around and they want a family

shot.

859

:

So you say to them, they say to you like,

oh, you do,

860

:

photography, that's great.

861

:

Like would you do my family?

862

:

How much would that cost?

863

:

And you're like, oh yeah, I have a package

for that.

864

:

Where do you see the photo going?

865

:

Is this like, are you looking to replace

the one above your mantle or do you want

866

:

to do a gallery wall for your family?

867

:

Like what are you looking to do?

868

:

They're going to hopefully have an answer

to that.

869

:

Oh, I don't know.

870

:

Maybe.

871

:

Cause then you can come back with saying,

Hey, listen, I think the package that

872

:

includes like five to 10 shots is more

than adequate.

873

:

You'll get some great ones with you and

each individual kid.

874

:

yourself and your husband, you know,

whatever you're going to do.

875

:

But also you're going to get that big

picture that's going to go up above the

876

:

fireplace.

877

:

And that's the one that everybody sees

when they come in the house.

878

:

Paint the picture a little bit more.

879

:

See if you can pull out for them the

emotional level of that.

880

:

Because I know in most cases that sticker

shop is always, people are always like,

881

:

like they go to look at a TV at Best Buy

and they're like, what?

882

:

$1000.

883

:

We actually don't care that it's a

thousand dollars.

884

:

We want to watch the football game and we

want it to be clear and we want it to fit

885

:

that space in the living room so that when

our friends come over, we don't look like

886

:

we have that 32 inch TV nobody can see.

887

:

So you want to just pull the emotion out

of them there and see if you can get just

888

:

a little bit more of their buy -in of the

value, not necessarily the cost, and then

889

:

go that way.

890

:

There is a book that I read a couple of

years ago that is actually specific to

891

:

photography businesses and it talks about

892

:

there's a low end and a high end and

there's no longer a middle ground.

893

:

But the way that she talks about marketing

photography in general was really good.

894

:

If you pop your email in the chat, I will

save that and I will go find a book.

895

:

I can't see it from here, which may or may

not be my eyes or maybe the book's not on

896

:

the shelf, but I'll send it over to you

and you can take a little peek at it.

897

:

But it was high value in terms of

marketing yourself as a photographer.

898

:

Great.

899

:

I'll put my email in there.

900

:

Thank you.

901

:

All right.

902

:

Okay.

903

:

We have a couple of questions in the chat.

904

:

Actually one from Prem.

905

:

For sales and marketing, what is your top

three basic skills that has worked for

906

:

you?

907

:

And inverse, what's one strategy that

certainly did not work and why?

908

:

Ooh, in sales and marketing.

909

:

Three basic skills.

910

:

Okay.

911

:

Number one basic skill, being able to say

what your costs are confidently without

912

:

stuttering, without feeling foolish,

without having it feel weird.

913

:

I want everybody to get to the point where

they can say the price of working with

914

:

them like they say their phone number.

915

:

Okay.

916

:

So like,

917

:

you tell the pizza delivery guy where your

house is.

918

:

You're like, my house number is two eight,

two, two.

919

:

You want to say that working with me costs

X amount of money.

920

:

And we just say it's smooth.

921

:

That's first.

922

:

So the way that I suggest people figure

out how to do that, if you haven't heard

923

:

me say this before is every time you go to

wash your hands, when you come out of the

924

:

bathroom, you say it in the mirror to

yourself like a weirdo and it's totally

925

:

fine.

926

:

You're usually by yourself.

927

:

If you're in a public bathroom, somebody's

going to ask you why you're doing it.

928

:

And then you can share your business.

929

:

So get confident in saying your pricing

and standing calm and firm in your

930

:

pricing, but without urgency.

931

:

If you don't make the sale, you actually

don't care.

932

:

They're not the right fit.

933

:

And really leaning into that can be

important.

934

:

So can I bounce off of that?

935

:

Yeah.

936

:

OK, so literally 10 minutes before this, I

was giving my price to a prospect and I

937

:

tried to approach it with that confidence,

but I add kind of a caveat, which is like,

938

:

OK, I'm.

939

:

My price is $100 an hour to work with me.

940

:

The way that I typically price things out

is by the day.

941

:

So an eight hour day, look at it like

that.

942

:

Does that kind of have hair on it?

943

:

What do you think?

944

:

Do you feel like you need to offer an

explanation?

945

:

And do you feel like you need to provide

them eight hours?

946

:

I feel like I need to kind of prepare them

for what's to come here.

947

:

So if I'm charging two days of work, this

is why this is basically how I'm looking

948

:

at it.

949

:

Right?

950

:

OK.

951

:

I don't think it's bad to say it that way,

but I think then you set the expectation

952

:

up that you're going to spend eight full

hours doing the work.

953

:

Now you might spend eight full hours doing

the work, right?

954

:

Or 16, if you're working with them for two

days.

955

:

Yeah, I could do like, I could do half a

day as well.

956

:

You know, like I'm not going to.

957

:

Yeah.

958

:

So I think you can say like, yeah, I work

with clients in either half day or full

959

:

day sessions and it's a hundred dollars an

hour.

960

:

So a full day would be $800.

961

:

half day would be $400.

962

:

Okay.

963

:

You could save that.

964

:

All right.

965

:

You need to give this guy two more basic

skills and then one that doesn't work.

966

:

Okay.

967

:

Two more basic skills.

968

:

Get really confident.

969

:

We kind of talked about this before, but

back to that really confident about who

970

:

you are, who you help and what you

provide.

971

:

What do you actually create for people

that they are looking to solve?

972

:

So take time and write down 10 different

ways that you help people.

973

:

And what are you actually solving for them

in those ways?

974

:

In most cases, you're solving the same

problem 10 different ways, right?

975

:

With 10 different skills, with 10

different pieces of knowledge that you

976

:

already have.

977

:

So get confident in saying that, get

confident in saying how much you charge.

978

:

Do it before you're ready.

979

:

That's the other thing is be brave and do

it before you're ready.

980

:

You do not need a fancy website.

981

:

You do not need a fully formed CRM.

982

:

You do not need a...

983

:

perfect landing page in order to make

sales.

984

:

You need to be able to talk to a human

being that is looking for your solution

985

:

and you can sell to them and you can send

them yourself or your PayPal or whatever,

986

:

right?

987

:

We hesitate and stop ourselves often.

988

:

So be brave, go forward before you're

ready and then you can build the plane as

989

:

you're flying.

990

:

I promise most of us do it that way.

991

:

There's lots of things that I've tried

that haven't worked.

992

:

For me, thinking about things for too long

doesn't work.

993

:

So I am a very quick start kind of

personality.

994

:

I am like, I randomly had this thought,

I'm going to try it.

995

:

And if I hum and I call and I try and

think about all the things, I never

996

:

actually take action.

997

:

So being bold and just being like, worst

case scenario, it doesn't work.

998

:

And we've learned one more way it doesn't

work.

999

:

And then we are onto the next way it

doesn't work or the way it does work.

:

00:51:13,088 --> 00:51:18,498

But being willing to try things and fail,

be willing to fail.

:

00:51:18,498 --> 00:51:19,898

So that's another thing that does work.

:

00:51:19,898 --> 00:51:21,102

But like I've failed.

:

00:51:21,102 --> 00:51:24,102

a lot and it eventually works.

:

00:51:24,102 --> 00:51:26,382

But you have to put yourself out there.

:

00:51:26,382 --> 00:51:28,082

Does that answer your question?

:

00:51:28,082 --> 00:51:29,172

Yes, yes it does.

:

00:51:29,172 --> 00:51:29,812

Yes it does.

:

00:51:29,812 --> 00:51:30,422

Thank you.

:

00:51:30,422 --> 00:51:31,942

Okay, you're welcome.

:

00:51:31,942 --> 00:51:36,942

I had one more question earlier in the

session, which was you're saying to use

:

00:51:36,942 --> 00:51:39,922

the same words your client uses.

:

00:51:39,922 --> 00:51:41,662

How do you go about doing that?

:

00:51:41,662 --> 00:51:44,682

I do it in a lot of different ways.

:

00:51:44,682 --> 00:51:46,670

So I will do it where if...

:

00:51:46,670 --> 00:51:50,210

you and I are on a consult and you are

coming, you book a call with me and we're

:

00:51:50,210 --> 00:51:51,690

having a conversation.

:

00:51:51,690 --> 00:51:55,120

As we're having a conversation, I will

make sure to make notes.

:

00:51:55,120 --> 00:52:03,430

So if you use the words, I am overwhelmed,

I am so tired in my business, I can't find

:

00:52:03,430 --> 00:52:05,930

clients anywhere, for instance.

:

00:52:05,930 --> 00:52:11,730

When then we're talking about the solution

I offer, my response is gonna be, I help

:

00:52:11,730 --> 00:52:14,798

you with overwhelm and finding clients.

:

00:52:14,798 --> 00:52:17,118

and getting to that point in your

business.

:

00:52:17,118 --> 00:52:22,438

So I'm regurgitating right back to you the

language that you recognize and are

:

00:52:22,438 --> 00:52:25,478

familiar with and identify your problems

as.

:

00:52:25,478 --> 00:52:26,378

Thank you.

:

00:52:26,378 --> 00:52:26,818

Yeah.

:

00:52:26,818 --> 00:52:30,758

I do it there and I also look at

testimonials or reviews and they can be

:

00:52:30,758 --> 00:52:34,778

good reviews or bad reviews, but going

back and seeing what clients are saying

:

00:52:34,778 --> 00:52:39,838

about you gives you an idea of what they

really liked or what stood out to them or

:

00:52:39,838 --> 00:52:42,818

what perhaps was a gap that you can

backfill.

:

00:52:42,818 --> 00:52:43,728

Well, that's great insight.

:

00:52:43,728 --> 00:52:44,494

Thank you.

:

00:52:44,494 --> 00:52:45,774

Yeah, you're welcome.

:

00:52:45,774 --> 00:52:50,934

One of the things that I've done over the

last several years is that do an exit

:

00:52:50,934 --> 00:52:56,094

interview with every single client and

asking them those those specific

:

00:52:56,094 --> 00:52:56,604

questions.

:

00:52:56,604 --> 00:52:58,194

What did I do?

:

00:52:58,194 --> 00:52:59,934

Well, what did you like?

:

00:52:59,934 --> 00:53:02,614

What areas did I fall down in?

:

00:53:02,614 --> 00:53:06,014

What areas do you wish I would have done

more?

:

00:53:06,014 --> 00:53:08,234

Was it in communication?

:

00:53:08,494 --> 00:53:09,744

Whatever it might be.

:

00:53:09,744 --> 00:53:11,438

And I found those to be.

:

00:53:11,438 --> 00:53:15,478

very helpful, not only in solidifying the

areas that I want to concentrate my

:

00:53:15,478 --> 00:53:20,938

business, but it gives me a help as to how

I can improve what I'm doing.

:

00:53:20,938 --> 00:53:24,918

And some of them have been watershed kind

of events.

:

00:53:24,918 --> 00:53:27,198

They've been very, very helpful.

:

00:53:27,198 --> 00:53:27,938

Yeah.

:

00:53:27,938 --> 00:53:32,638

It's so valuable to be open and willing to

listen to that kind of feedback.

:

00:53:32,638 --> 00:53:34,378

It can sometimes feel not great, right?

:

00:53:34,378 --> 00:53:37,870

Because clients sometimes haven't said

anything up till then.

:

00:53:37,870 --> 00:53:40,610

And then they share stuff with you and

you're like, I could have fixed that

:

00:53:40,610 --> 00:53:41,819

probably, but you didn't tell me.

:

00:53:41,819 --> 00:53:44,230

And also I feel a little bit bad that I

didn't do it.

:

00:53:44,230 --> 00:53:48,190

The other thing that I have found as a

trick, and this is not my trick.

:

00:53:48,190 --> 00:53:53,410

This is, I think a Mike McCallow it's one

from the pumpkin plant book, but he did a

:

00:53:53,410 --> 00:53:57,670

number of interviews with clients to say,

what was the thing that the company that

:

00:53:57,670 --> 00:54:00,450

used to do this for you didn't do?

:

00:54:00,450 --> 00:54:05,410

What's the thing that really got your goat

when you were dealing with the last people

:

00:54:05,410 --> 00:54:06,606

that were doing this?

:

00:54:06,606 --> 00:54:08,156

And so he's already got the business.

:

00:54:08,156 --> 00:54:11,226

He's not looking to sell them, but he's

looking for like, where's the thing you

:

00:54:11,226 --> 00:54:12,906

definitely don't want me to do.

:

00:54:12,906 --> 00:54:18,486

And I thought that was a really smart way

of also uncovering areas and pitfalls that

:

00:54:18,486 --> 00:54:20,586

you want to be sure to avoid.

:

00:54:20,586 --> 00:54:22,506

A quick comment on that as well.

:

00:54:22,506 --> 00:54:27,376

It helps you to identify what the clients

want you to do as well.

:

00:54:27,376 --> 00:54:28,896

If you look at the inverse.

:

00:54:28,896 --> 00:54:29,986

Yeah.

:

00:54:29,986 --> 00:54:31,706

Is that the pumpkin plan?

:

00:54:31,706 --> 00:54:33,116

It is the pumpkin plan.

:

00:54:33,116 --> 00:54:33,436

Yep.

:

00:54:33,436 --> 00:54:35,022

Mike McCallowitz as well.

:

00:54:35,022 --> 00:54:37,102

He's the same guy as the profit first.

:

00:54:37,102 --> 00:54:38,102

Cool.

:

00:54:38,102 --> 00:54:38,842

Thank you.

:

00:54:38,842 --> 00:54:39,342

Yeah.

:

00:54:39,342 --> 00:54:40,662

I'm a big believer in his books.

:

00:54:40,662 --> 00:54:46,282

If you're looking for reference books on

business growth in general, they're very

:

00:54:46,282 --> 00:54:49,922

well written and they're very concise and

they're easy read.

:

00:54:49,922 --> 00:54:52,602

So if you're not somebody who wants to

read all the time, business books, that's

:

00:54:52,602 --> 00:54:56,122

fair, but they're, they're worthwhile

reading for sure.

:

00:54:56,222 --> 00:54:56,572

Okay.

:

00:54:56,572 --> 00:55:00,382

So we've kind of said, so these are our

three things, right?

:

00:55:00,382 --> 00:55:04,242

Is enhancing your customer experience,

optimizing pricing and financial

:

00:55:04,242 --> 00:55:05,134

assessment.

:

00:55:05,134 --> 00:55:10,934

So taking the time to do those things

moving forward will absolutely create more

:

00:55:10,934 --> 00:55:13,354

profit in your business and will do it.

:

00:55:13,354 --> 00:55:16,874

If you take the time to do these things,

you'll see a return on that fairly

:

00:55:16,874 --> 00:55:17,914

quickly.

:

00:55:18,114 --> 00:55:18,734

Okay.

:

00:55:18,734 --> 00:55:19,394

All right.

:

00:55:19,394 --> 00:55:21,934

Now here's, here's the part y 'all need to

know, right?

:

00:55:21,934 --> 00:55:23,244

How do you get ahold of me?

:

00:55:23,244 --> 00:55:25,994

How do you reach out and say, Hey, I have

questions.

:

00:55:25,994 --> 00:55:31,314

I didn't want to put my hand up in the

public or Hey, that's kind of interesting.

:

00:55:31,314 --> 00:55:33,646

I want to hear more about what you do.

:

00:55:33,646 --> 00:55:38,266

take a screenshot, get on that QR code on

your phone and book a call with me.

:

00:55:38,266 --> 00:55:44,286

I am very, maybe let's call it focused,

but I want business owners to be

:

00:55:44,286 --> 00:55:45,476

successful and profitable.

:

00:55:45,476 --> 00:55:47,566

That is the reason I have this business.

:

00:55:47,566 --> 00:55:51,846

It's the reason I do so many of these

sorts of things where I'm speaking and

:

00:55:51,846 --> 00:55:56,156

hopefully providing a lot of value so that

when you guys leave, you're not just like,

:

00:55:56,156 --> 00:55:59,506

oh yeah, she has a business and I guess I

need to hire her to get help.

:

00:55:59,506 --> 00:56:01,550

I'm hoping that you're leaving.

:

00:56:01,550 --> 00:56:05,609

having things that you can tangibly take

away and really start implementing in your

:

00:56:05,609 --> 00:56:07,090

business right away.

:

00:56:07,090 --> 00:56:13,250

But I also believe that you need more help

than what you have probably right now.

:

00:56:13,250 --> 00:56:18,090

There are too many business owners that

aren't making enough money, and this is a

:

00:56:18,090 --> 00:56:19,470

solvable problem.

:

00:56:19,470 --> 00:56:22,810

So I really want to encourage you to take

advantage.

:

00:56:22,810 --> 00:56:26,350

The reason you spend the money to be part

of NIA is to get out of the business.

:

00:56:26,350 --> 00:56:31,250

to all of the knowledge that is here in

this group in all of its facets, right?

:

00:56:31,250 --> 00:56:32,750

In all of our businesses.

:

00:56:32,750 --> 00:56:36,670

And I want to just encourage you to take

advantage of hopping on a call with me.

:

00:56:36,670 --> 00:56:40,390

I'm not going to hard sell you into

coaching, but I will give you some insight

:

00:56:40,390 --> 00:56:44,670

into your particular business and what can

be game changing in terms of the direction

:

00:56:44,670 --> 00:56:45,510

that you're headed in.

:

00:56:45,510 --> 00:56:46,190

Okay.

:

00:56:46,190 --> 00:56:50,130

And if you want coaching, I'll help you

with that too, obviously not crazy, but I

:

00:56:50,130 --> 00:56:51,930

am here to help regardless.

:

00:56:51,990 --> 00:56:52,930

I just one last thing.

:

00:56:52,930 --> 00:56:54,470

So this is just your homework.

:

00:56:54,470 --> 00:56:55,620

Book a call with me.

:

00:56:55,620 --> 00:56:56,142

Okay.

:

00:56:56,142 --> 00:56:58,042

and I'll help you make a plan.

:

00:56:58,082 --> 00:57:01,792

Make a money date with your business

before the end of the month.

:

00:57:01,792 --> 00:57:04,882

So you have four days, chop chop, you need

to get it done.

:

00:57:04,882 --> 00:57:09,822

And then find some level of accountability

for whatever today you've decided is your

:

00:57:09,822 --> 00:57:12,632

action that you want to do, that you want

to change in your business.

:

00:57:12,632 --> 00:57:16,902

Doesn't matter what it is, but get some

accountability, whether that is a friend

:

00:57:16,902 --> 00:57:19,902

or social media or myself, doesn't matter.

:

00:57:19,902 --> 00:57:24,322

Just get yourself in that position so that

you can actually achieve those goals that

:

00:57:24,322 --> 00:57:25,202

you're trying to achieve.

:

00:57:25,202 --> 00:57:25,710

Okay.

:

00:57:25,710 --> 00:57:26,990

Now I'm done.

:

00:57:27,010 --> 00:57:28,250

Right on Samantha.

:

00:57:28,250 --> 00:57:31,250

Thank you so much for being a part of this

and your presentation today.

:

00:57:31,250 --> 00:57:32,270

It was wonderful.

:

00:57:32,270 --> 00:57:36,390

I just want to remind everybody that on

the first, third and fourth Wednesday of

:

00:57:36,390 --> 00:57:40,290

every month, we are going to be doing our

network with the nations, our sales

:

00:57:40,290 --> 00:57:43,970

mastery and our speaker series next week.

:

00:57:43,970 --> 00:57:47,150

Our founder, Scott Talley, founder of

network and action will be presenting.

:

00:57:47,150 --> 00:57:49,130

So we definitely think you all should show

up.

:

00:57:49,130 --> 00:57:52,540

And yeah, again, thank you for being here

and we hope you all have a great day.

:

00:57:52,540 --> 00:57:53,730

Thank you again, Samantha.

:

00:57:53,730 --> 00:57:54,638

You're welcome.

:

00:57:54,638 --> 00:57:56,398

Have a good day, you guys.

:

00:57:56,518 --> 00:57:59,818

And that's this week's episode of the She

Needs Profit podcast.

:

00:57:59,818 --> 00:58:04,398

If you like what you heard today, connect

with us on Instagram at Sam, the Profit

:

00:58:04,398 --> 00:58:07,698

Coach, or leave us a review in your

podcast player.

:

00:58:07,698 --> 00:58:11,498

Don't forget to sign up for our newsletter

packed with more profit tips.

:

00:58:11,498 --> 00:58:13,278

The link is in the show notes.

:

00:58:13,278 --> 00:58:14,838

See you next week.

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