Episode 1: Scaling Strategies for Newly Acquired Business

04/04/2023 53 min Temporada 1 Episodio 1
Episode 1: Scaling Strategies for Newly Acquired Business

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Episode Synopsis

How can surges of income significantly increase your net worth and wealth? Join me as I explore this concept with Mona and Juliana, two members of the Dealmaker Protege Program. Together, we discuss a range of topics such as exiting a business or real estate properties, quarterly distributions from business profits, and effective business growth tactics. Learn from Mona and Juliana's experiences in real estate and their journey into business acquisitions through Abraham Gray.We delve into the intricacies of buying a business and managing expectations, covering everything from getting a business to run itself to the transition period with a seller. Discover the importance of standard operating procedures and how to effectively replace yourself with another person in your business. Plus, we discuss improving revenue by implementing efficient invoicing systems, streamlining customer communication, and forging strategic partnerships within the cleaning industry.As we wrap up, we examine the process of transitioning to a General Manager role, including potential projections, compensation structures, and strategies for achieving revenue goals. We also explore the unique challenges and opportunities of growing a cleaning business specifically for Airbnb properties and the importance of finding capable employees through effective talent funnels. Don't miss this insightful conversation as we uncover the secrets to building and selling businesses for income surges and master event marketing for optimal business growth!Be sure to follow me on IG and turn on notifications for my future Surges of Income Podcast episodes.  I will be hosting these LIVE up to twice a week.👀 Watch my "Surges of Income" video to learn more about surges of income - https://youtu.be/tPDbhr0n1xIEnjoy.Chris MooreThe Intentional Investor----------------------------------------Follow me on Instagram:Instagram: https://www.instagram.com/chrismoorespeaks=====================#surgesofincome #businesssuccess #businessadvice #IncomeStreams #passiveincome

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