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(Up.School) The Secret to Building an ULTRA LEAN Business

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Asia Tech Podcast http://www.ATP.show
Asia Tech Research http://www.AsiaTechResearch.com

How can you build a business that maximises profitability, cash flow and reduces stress? A business you can take anywhere in the world. That's an ULTRA-LEAN business and in this presentation I share 3 strategies on how to build it. Come to Up.School's weekly webinars to learn more about launching and growing your business: http://www.UpSchool.io/next-webinar

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(Up.School) The Secret to Building an ULTRA LEAN Business

  1. ULTRA-LEAN BUSINESS The Secretto building an… by Graham D Brown @ Up.School You can take anywhere in the world
  2. How to Build an Ultra Lean Business Up.School Webinar
  3. UP.SCHOOL Graham Brown’s LEARN HOW TO BECOME A BETTER LIFESTYLE 
 ENTREPRENEUR UPGRADE YOUR SKILLS Learn How to Get the Upgrade
  4. FROM LAUNCHING YOUR BUSINESS TO INVESTING IN REAL ESTATE, I SHARE MY TRICKS AND TECHNIQUES LIVE EVERY WEEK FREE JOIN MY WEBINAR See My Webinar Schedule UP.SCHOOL
  5. EVERY DAY LIVE I SHARE MY VIDEO DIARY OF GROWING A LIFESTYLE BUSINESS CATCH ME ON YOUTUBE Visit My Youtube Channel UP.SCHOOL
  6. from Anywhere in the World… Up.School Webinar
  7. Let’s compare Ultra Lean vs Fat Up.School Webinar
  8. FAT BUSINESS ULTRA-LEAN BUSINESS ACTIVITY Constantly busy Able to take time out to plan & think CHOICE Chase every deal to pay the next bill Able to say “NO” to clients and do what you love FOCUS Living day-to-day, deal-to-day, hand-to- mouth Able to think and plan for future, invest time in the long term STRESS High overheads = high stress Low overheads = low stress Up.School Webinar
  9. Building an ultra-lean business means choice and that’s why entrepreneurs start businesses in the first place
  10. Remember… you left the “normal” world Up.School Webinar
  11. …because you didn’t want to be a slave to the next pay check Up.School Webinar
  12. …and you didn’t want to be told what to do Up.School Webinar
  13. We have to consciously work on staying ultra-lean Up.School Webinar
  14. …or you’ll end up with another “job” Up.School Webinar
  15. Follow these 5 Steps to guarantee business failure in Year 1 EXPENSES REVENUES #1 COOL! We’re growing #2 Let’s hire people and do all those things big companies do #3 Woot! We’re a big company now! #5 HOLY FUCK! We’re doomed #4 Why the Fuck aren’t our sales growing faster? Up.School Webinar
  16. So, how is it some entrepreneurs are profitable while others are not? Up.School Webinar
  17. The key is the successful entrepreneurs stay lean every day Up.School Webinar
  18. we business owners have to fight business bloat every day Up.School Webinar
  19. Follow these 4 Steps to guarantee business success in Year 1 EXPENSES REVENUES #1 COOL! We’re growing #2 Let’s build a system so we can scale this baby #3 Rinse & Repeat #4 WOOT! Up.School Webinar
  20. Entrepreneurs are often too busy to notice costs are spiralling out of control until it’s too late Up.School Webinar
  21. Ultra-Lean business = ability to take more risk #1 Ultra - Lean Business #2 Longer Burn Time #3 Capacity to take risk #4 More time to talk to customer #5 More time to build system #5 More time to plan ahead Up.School Webinar
  22. So, here are 3 strategies to become Ultra-Lean Up.School Webinar
  23. 1) Pass The Tropical Island Test Up.School Webinar
  24. What would your business look like if you ran it from a tropical island? Up.School Webinar
  25. What would your business look like if you didn’t have an office? Up.School Webinar
  26. …if you didn’t have to manage your team? Up.School Webinar
  27. …if you didn’t have to worry about employee motivation or reviews? Up.School Webinar
  28. …if your time wasn’t taken up working out incentive packages? Up.School Webinar
  29. …if you outsourced everything that didn’t solve the customer’s problem? Up.School Webinar
  30. …if you did almost everything online? Up.School Webinar
  31. FAT BUSINESS ULTRA-LEAN BUSINESS LOCATION Dependent Independent PHYSICAL PRESENCE Office, team Minimal, mostly online OWNER ATTENTION Managing team Looking after and finding customers Up.School Webinar
  32. ASK
 WHAT IF…? Up.School Webinar
  33. 2) Make Money While You Sleep Up.School Webinar
  34. Your biggest weakness as an entrepreneur is there is only 1 of you, and only 24 hours in the day Up.School Webinar
  35. Entrepreneurs often ask crazy questions like, “how can I sleep less?” or “how can I clone myself?” Up.School Webinar
  36. You need a system that works, even when you don’t Up.School Webinar
  37. The key to staying lean is building a marketing funnel Up.School Webinar
  38. Once you build your marketing funnel, you can rinse & repeat Up.School Webinar
  39. Being Ultra-Lean means doing what you love, not doing what pays the bills Up.School Webinar
  40. When you discover your repeatable model you can drive profits Up.School Webinar
  41. FAT BUSINESS ULTRA-LEAN BUSINESS REVENUE MODEL Trade time for money (e.g. consultancy) Leveraged (e.g. pipeline) CHOKE POINT Owners, key team members Without a system, can be slow STRATEGIC FOCUS What do we do next? How do we improve? Up.School Webinar
  42. BUILD YOUR FUNNEL Up.School Webinar
  43. 3) Double Down on What Works Up.School Webinar
  44. As soon as you master one social media, something else comes along Up.School Webinar
  45. “I haven’t updated Twitter this week” Up.School Webinar
  46. “Should I get on Pinterest?” Up.School Webinar
  47. There’s so much to learn Up.School Webinar
  48. Trying to get good at every marketing channel makes you average at best… Up.School Webinar
  49. Don’t worry about others Up.School Webinar
  50. Find what works and double down… Up.School Webinar
  51. Build the system around the channel that works for you Up.School Webinar
  52. FAT BUSINESS ULTRA-LEAN BUSINESS MARKETING Generalist Specialist MODEL “Let’s try this…” “Let’s improve this…” CHOKE POINT Finding marketing specialists or using agencies Without good metrics, difficult to know what works Up.School Webinar
  53. FIND YOUR SWEET SPOT Up.School Webinar
  54. Maybe you can’t do it all now, but you have a goal to work towards… Up.School Webinar
  55. UP.SCHOOL Graham Brown’s LEARN HOW TO BECOME A BETTER LIFESTYLE 
 ENTREPRENEUR UPGRADE YOUR SKILLS Learn How to Get the Upgrade
  56. FROM LAUNCHING YOUR BUSINESS TO INVESTING IN REAL ESTATE, I SHARE MY TRICKS AND TECHNIQUES LIVE EVERY WEEK FREE JOIN MY WEBINAR See My Webinar Schedule UP.SCHOOL
  57. EVERY DAY LIVE I SHARE MY VIDEO DIARY OF GROWING A LIFESTYLE BUSINESS CATCH ME ON YOUTUBE Visit My Youtube Channel UP.SCHOOL

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