How to Scale a Coaching, Consulting, or Service-based Business to 7-Figures

21/09/2021 56 min Temporada 1 Episodio 98
How to Scale a Coaching, Consulting, or Service-based Business to 7-Figures

Listen "How to Scale a Coaching, Consulting, or Service-based Business to 7-Figures"

Episode Synopsis

How to Scale a Coaching, Consulting, or Service-based Business to 7-Figures

Brenden Kumarasamy and Billy Samoa Saleebey explore how to scale coaching, consulting, or service-based businesses to exceed 7-figures in annual revenue. They also discuss the case studies about the success stories of 7-figure business owners, the Power of Live Events, Sacrificial lamb, i.e., celebrating each customer you have, etc.

What we discussed:


[02:36] - The idea that our goals are already achieved by someone else

[03:26] - What is Brenden learning now

[04:18] - What Brenden learned from people running multi-million dollar businesses.

[06:34] - Richmond Dan's coaching programs

[07:58] - About the Sensei session

[10:32] - Why made Brenden join Richmond Dan's program?

[11:03] - The analogy of sacrificial lamb

[12:49] - Not everybody can be a part of Richmond's program

[14:13] - The psychology behind Richmond's program

[16:12] - The trick that Brenden took away from seven-figure businesses

[18:26] - It's important to celebrate your clients

[20:36] - How Brenden closed five corporate accounts in 1 month

[23:51] - How to provide more value than payment

[25:23] - A low-end offer where money is not an objection

[29:00] - The power of live events

[34:27] - How does Brenden choose the events he goes to

[41:07] - Brenden's tactic to make use of events as networking

[43:52] - The right time to do a live event

[49:00] - Understand what your weaknesses are


Valuable Insights:


 If we have a goal that we want in life, chances are somebody else has already done it.

There are a hundred different ways of making a billion bucks a year. And the key is to figure out which of those ways works best for you. 

Richmond Dan has two coaching programs. One called black belt for a coach is doing at least a hundred thousand dollars a year looking to scale to a million. And then he has another program called Boardroom, which has four coaches making a million dollars a year who wanted to scale beyond that. 

In the sensei session, Richmond Dan picks four people from the Boardroom to teach us a 45-minute masterclass on anything that's made them successful, and then they compete against each other to see who has the best session. 

What a lot of the people at the seven-figure mark do exceptionally well is, 20% of their marketing is always celebrating a client that's getting results.

You need to overdeliver for your referrals in a way your competitors wouldn't even think of. 

Don't just deliver for your referrals over-deliver for all of them. Give them a gift that nobody, none of your competitors, is thinking of.

Deliver things beyond your client's expectations

Find ways or opportunities to give your clients a story that they could tell to other people.

Start thinking about a low-end offer where money is not an objection.



Notable Quotes:

[02:42] - "Almost every goal that we have. Somebody else has already achieved. It."

[13:16] - "in service-based businesses, the best marketing is the results that you deliver for clients."

[29:04] - "nothing in this world beats an in-person connection."

[49:04] - "Self-awareness is understanding what your weaknesses are, not just your strength."


USEFUL RESOURCES/ LINKS: 

Brenden's Website: https://www.mastertalk.ca/about

YouTube: https://www.youtube.com/c/MasterTalks

Social Media:
https://www.instagram.com/masteryourtalk/
https://www.facebook.com/mastertalkyt/
https://www.linkedin.com/in/brendenkumarasamy/
https://twitter.com/masteryourtalks

Email:
[email protected] 

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