Sai Blackbyrn, Founder of Double Your Database, discusses a unique coaching business model, the power of perseverance for entrepreneurs, fostering business relationships, starting with lean resources, empowering entrepreneurs with marketing reports, and emphasizing relentlessness in entrepreneurship.
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Quick takeaways
Building personal connections is crucial for business success.
Revenue model based on client success drives commitment and revenue growth.
Deep dives
Cy Blackburn's Journey as an Entrepreneur
Cy Blackburn discusses his journey as an entrepreneur, sharing how he transitioned from coaching men on dating to coaching various professionals. Coming from a family of coaches, he focused on personal growth and built Double Your Database to train coaches worldwide. He highlights his ability to work remotely and his engagement, emphasizing the importance of personal connections in business.
Revenue Model Innovation - Elite Coaches Mastermind
Cy Blackburn explores his revenue model, the Elite Coaches Mastermind, where clients pay based on the success of their businesses. By emphasizing revenue generation by clients, Blackburn ensures a commitment to success. This unique approach differs from traditional upfront payment structures, focusing on client accomplishments to drive revenue.
Selectivity in Client Acquisition and Success in Coaching
Cy Blackburn discusses the importance of selecting clients who are committed to success. By avoiding non-action takers and preferring clients driven to achieve, he ensures a positive environment. This selectivity leads to successful testimonies and a high-quality client base, enhancing the coaching experience.
Lessons Learned from Entrepreneurial Failures and Aha Moments
Cy Blackburn reflects on his entrepreneurial failures, like mismanagement of funds and legal issues in Australia. These challenges led to pivotal moments, emphasizing the need for perseverance and strategic decisions in business. He highlights the value of mentors such as Jay Abraham and insights from setbacks, guiding his successful strategies like using Facebook ads.
Sai is an entrepreneur and a speaker. Coming from a family of coaches, it’s no surprise that he turned out to be one himself. He is the Founder and CEO of Double Your Database, a company which actively assists coaches from around the world in building their respective coaching businesses online.
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