Proven Business Systems!
You need proven systems that will create business growth and increase profitability.
This 5 part series of quick 3 minutes videos will give you the most common areas in your business that you currently have hidden profits that you are missing out on.
Profit Leaks series Video #3:
If you like to read instead of watch, well, I’ve included the transcript below, so you can check that out too.
Don’t forget that I am running a free webinar full of strategies that you can take and use in your business right away, so sign up for that at http://www.BusinessProfitStrategies.com/Webinar12.
Profit Leak #3 Video Transcript
Hi Paul Monax The Business Leak Detector.
Here at Business Profit Strategies we help small business owners just like you to grow the profits in your business by finding the leaks in your business before they hemorrhage and in turn into an emergency.
The top five profit leaks in your business series continues today with Leak number 3.
This is a 5 part series that I’m running on the various different areas in your business to check on for profit leaks that are in your business that may contain some low hanging fruit of hidden profits that you’re missing out on in your business that you can just make some minor tweaks and changes and adjustments and pick up a huge profit in your business.
So, if you missed the previous videos Leak number 1 and Leak number 2 on existing customers and revenue then you should check those out.
Today Leak number 3 is leads.
Everyone is inundated with information these days so takes even more to connect with your prospects.
It takes on average seven or more touches to turn a prospect into a buyer.
Are you giving up too soon?
Are you tracking your touches?
So that’s today’s leak is leads.
So come on back tomorrow and check out leak number 4 but right now what I want you to do is to take action on today’s leak right now.
Take a look at your business and look at your leads and figure out a metric that’s most relevant to your business and do a calculation.
Come up with the current state up where you are in your business at this moment today for a particular aspect of leads in your business.
Then I want you to post that on a piece of paper along with today’s date somewhere you’re gonna see it on your computer monitor, the bathroom mirror, fridge whatever, in your car doesn’t matter where it is just make sure you see it on a regular basis so you remember.
Then I want you to put a calendar entry for 30 days from now so you can rerun this report on that wherever that leads metric that you choose, where you are today and compare to thirty days from now and see where your progress is.
And make sure you celebrate that progress.
That’s what it’s all about is making progress incremental little progress at a time but sometimes we find the right leak you could make huge leaps and bounds exponential progress.
So make sure to celebrate that when you get it.
I really hope this lessens been helpful for you and provides you with at least 1 or 2 nuggets that you can take away and implement in your business right now today.
Now don’t forget to subscribe to my YouTube channel here for other tips tricks tactics and strategies for your business at YouTube.com/user/PaulMonax
and if you click on the link down below in the description right now you can head on over to my website at BusinessProfitStrategies.com/Webinar12
and you can sign up for another hour free strategies for your business.
Thanks a bunch and have a profitable day!