

Ignore These Steps and You'll NEVER Make $1M | Ep 70
Jan 4, 2024
Pitfalls new entrepreneurs face, misconceptions about entrepreneurship, importance of setting right expectations, working hard, making sacrifices. Time management and avoiding temptation of starting new business. Increasing lifetime customer value, power of upselling, reducing churn and cross-selling. Importance of outsourcing domestic tasks for more time, and the significance of time management.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 2min
The Challenges of Starting a Business
01:48 • 18min
Financial Preparedness, Focus, and Reinvestment
20:13 • 2min
Reinvesting in Your Business and Increasing Lifetime Customer Value
22:25 • 5min
Maximizing Profits by Selling to Existing Customers
27:03 • 5min
Systemizing Your Business and Outsourcing Tasks
32:21 • 9min