Welcome to a new episode of Next Level Pros! In this episode, we're joined by Andrew Schultz, a budding entrepreneur who's navigating the challenges of turning his marketing firm, Profit Automation, into a profitable business despite its current unprofitable state. We'll dive deep into the issues holding Andrew back, including a detailed analysis of his financials and marketing strategies, along with some personal obstacles that are impacting his professional progress.
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https://forms.gle/hwDijQPFyKCEtHNs8
Highlights:
"I mean, when you asked me what my biggest challenge was, I don't know what I'm selling."
"Your secret sauce is identifying what the problem is around their customers in their pipeline, so you can pull them into action."
"I will help increase your conversion, or I will add another 2% to your conversion, or you don't pay anything."
"I haven't done a whole lot of marketing or talked to a lot of people about it, so I find it hard to believe that you have enough data to say that this doesn't work."
Timestamps:
0:00:00 Profit Automation is not turning a profit
0:04:13 Describing the Business
0:06:03 Explaining the Lead Conversion Offering
0:08:15 Identifying the Biggest Challenge - Packaging the Offer
0:13:25 The Pipeline Crisis and how to fix it
0:19:21 Addressing the Perception of Free vs. Paid Offers
0:20:24 Exploring Performance-Based Pricing Options
0:25:47 Shifting from Scarcity to Abundance Mindset
0:27:08 Comparing Eliminating Downside vs. Eliminating Risk
0:41:00 Identifying Strengths and Weaknesses in the Business
0:48:30 Refocusing on Sales and Marketing as the Priority
0:55:47 Balancing Personality Types within the Team
0:57:41 Shifting Mindset from Home Runs to Consistent At-Bats
1:03:29 Overcoming the Need for Certainty
1:11:08 Adopting a Scientific Approach to Testing and Measuring
1:17:07 Final Plan and Closing Thoughts
Looking to scale your business? Want to learn directly from the same team that helped me sell my last business for 9 figures? Click this link below to check out how you can work with us. https://nextlevelhomepros.com/grow-home-service-vsl
Join my community - Founder Acceleration https://www.founderacceleration.com
Apply for our next Mastermind: https://www.thefoundermastermind.com
Golf with Chris: https://www.golfwithchris.com
Watch my latest Podcast
Apple- https://podcasts.apple.com/us/podcast/the-founder-podcast/id1687030281S
Spotify- https://open.spotify.com/show/1e0cL2vI1JAtQrojSOA7D2
YouTube - @thefounderspodcast
Welcome to a new episode of Next Level Pros! Join us as we delve into a compelling discussion with Seth Shaner, who shares his candid experiences about the financial and emotional challenges of being house poor. Discover how these challenges are impacting his business operations and family dynamics. Seth, who has a rich background in the restaurant industry, opens up about his journey through business failures, relocations, and the intricate balance of financial decisions and family life. Don't miss this deep dive into the real-world consequences of living beyond one's means.
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Highlights:
"I always said I would never be house poor, but here I am because the house is the expensive part."
"You can't have high society desires overcome what your income is."
"Being in proximity to people you know can be helpful too."
"I'm not going to go in as the president of a company this big very often."
Timestamps:
00:00 - Introduction
04:15 - Seth discusses his early business failures
08:54 - How past business experiences and financial choices impact Seth
13:16 - Seth’s current financial strategies and his consulting work dynamics
17:25 - Emotional and financial challenges post-divorce
20:31 - Benefits of relocating for financial and family stability
30:08 - Past financial disasters and their influence on present decisions
34:43 - Seth discusses shifting focus from consulting to what he truly enjoys
39:42 - Strategies for utilizing resources effectively in business
50:57 - The potential impacts of moving to more affordable locations.
55:30 - The pros and cons of staying in California versus relocating.
01:05:22 - The impact of financial stress on mental and emotional health.
01:15:39 - Closing thoughts
Looking to scale your business? Want to learn directly from the same team that helped me sell my last business for 9 figures? Click this link below to check out how you can work with us. https://nextlevelhomepros.com/grow-home-service-vsl
Join my community - Founder Acceleration https://www.founderacceleration.com
Apply for our next Mastermind: https://www.thefoundermastermind.com
Golf with Chris: https://www.golfwithchris.com
Watch my latest Podcast
Apple- https://podcasts.apple.com/us/podcast/the-founder-podcast/id1687030281S
Spotify- https://open.spotify.com/show/1e0cL2vI1JAtQrojSOA7D2
YouTube - @thefounderspodcast
Welcome to a new episode of Next Level Pros! Join us today as we dive into the electrifying world of racing with none other than Lucas Di Grassi, the godfather of Formula E. From his early days racing go-karts to his profound insights into professional struggles and personal growth, Lucas shares his journey through the high-speed turns of his career and life. We explore not just the exhilaration of the race track but also the challenges and philosophical questions that come with being at the top of one's game.
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https://forms.gle/hwDijQPFyKCEtHNs8
Highlights:
"You can never be satisfied. You can always improve."
"Being happy could be an enemy of performance."
"Happiness is not a state. It is a moment."
"Imposter syndrome is real. You always question how good you are."
Timestamps:
00:00 - Introduction to Lucas and the world of Formula E
01:32 - The creation of Formula E and its impact
03:07 - Lucas's lifelong racing career and personal background
05:04 - Challenges in Lucas's personal and professional life
10:40 - The intersection of happiness and performance in sports
15:18 - Lucas's battle with imposter syndrome and aging in sports
19:03 - The clash of pragmatism and religious belief
22:34 - Debating the role of science and God in the universe
27:54 - The concept of E + R = O: Event plus Response equals Outcome
31:21 - Skepticism and self-examination in personal growth
35:07 - Leadership principles and the willingness to be wrong
37:19 - Lucas's take on social media and the importance of showing humanity
Looking to scale your business? Want to learn directly from the same team that helped me sell my last business for 9 figures? Click this link below to check out how you can work with us. https://nextlevelhomepros.com/grow-home-service-vsl
Join my community - Founder Acceleration https://www.founderacceleration.com
Apply for our next Mastermind: https://www.thefoundermastermind.com
Golf with Chris: https://www.golfwithchris.com
Watch my latest Podcast
Apple- https://podcasts.apple.com/us/podcast/the-founder-podcast/id1687030281S
Spotify- https://open.spotify.com/show/1e0cL2vI1JAtQrojSOA7D2
YouTube - @thefounderspodcast
Welcome to a New Episode of Next Level Pros! Join us in this insightful episode as we sit down with PR expert, Ulyses Osuna. Known for his remarkable work with top industry figures, Ulyses shares a candid look into the financial hurdles and strategic pivots of scaling a business. Dive deep into the practicalities of growth, the importance of understanding financial metrics, and how Ulyses recalibrated his business model to align better with both his professional and personal life.
Apply to be on the show:
https://forms.gle/hwDijQPFyKCEtHNs8
Highlights:
"You can grow, but it doesn't work like that if you don't understand the underlying metrics."
"The right reasons to grow a business are about making it the vehicle for your life, not just your life itself."
"Scaling isn't just about growth; it's about smart, sustainable actions that align with your long-term vision."
"When you truly understand your business numbers, you unlock the power to scale effectively."
Timestamps:
00:00 - Introduction: The pivotal decisions in business growth
05:24 - Ulyses discusses the challenges of scaling too quickly
11:00 - Breaking down the cost of goods sold and gross margins
17:00 - Importance of fixed and variable costs in scaling
23:16 - The strategic recalibration for better business health
29:45 - The psychological impact of rapid business changes
36:05 - Sales strategies and maintaining quality during growth
42:11 - Leveraging existing resources to maximize output
48:22 - Effective financial strategies for sustainable growth
50:37 - Closing thoughts
Looking to scale your business? Want to learn directly from the same team that helped me sell my last business for 9 figures? Click this link below to check out how you can work with us. https://nextlevelhomepros.com/grow-home-service-vsl
Join my community - Founder Acceleration https://www.founderacceleration.com
Apply for our next Mastermind: https://www.thefoundermastermind.com
Golf with Chris: https://www.golfwithchris.com
Watch my latest Podcast
Apple- https://podcasts.apple.com/us/podcast/the-founder-podcast/id1687030281S
Spotify- https://open.spotify.com/show/1e0cL2vI1JAtQrojSOA7D2
YouTube - @thefounderspodcast
Welcome to a New Episode of Next Level Pros We’re excited to bring you this episode of what we used to call the Founder Podcast—now rebranded as Next Level Pros! Join Chris and Daryl as they dive into the essence of always striving for the next level in entrepreneurship and life. They discuss the importance of designing lives that impact the world through entrepreneurship, embracing change, and setting new directions with meaningful missions and core values.
Apply to be on the show:
https://forms.gle/hwDijQPFyKCEtHNs8
Highlights:
"If you are not actively progressing and working towards the next level, you are either maintaining or dying."
"Designing lives that impact the world starts with deliberate choice and action."
"Culture is built by design, and we're all about designing positive changes."
"Trust is gained one drop at a time but can be lost with one swift kick."
Timestamps:
00:02 - Introduction to Rebranding
05:00 - Core Values of Next Level Pros
07:51 - Designing the Mission Statement
10:00 - The Role of Financial Success
14:08 - Realizing the Importance of the Big Picture
18:12 - Encouraging Listener Engagement
20:00 - New Format of the Show
24:45 - Defining the Core Values (NEXT)
30:00 - Defining Trust and Excellence
32:59 - Balancing Trust in Character and Ability
Looking to scale your business? Want to learn directly from the same team that helped me sell my last business for 9 figures? Click this link below to check out how you can work with us. https://nextlevelhomepros.com/grow-home-service-vsl
Join my community - Founder Acceleration https://www.founderacceleration.com
Apply for our next Mastermind: https://www.thefoundermastermind.com
Golf with Chris: https://www.golfwithchris.com
Watch my latest Podcast
Apple- https://podcasts.apple.com/us/podcast/the-founder-podcast/id1687030281S
Spotify- https://open.spotify.com/show/1e0cL2vI1JAtQrojSOA7D2
YouTube - @thefounderspodcast