Join the Lifestyle Builders Incubator: https://www.joinlifestylebuilders.com/
Show Notes & Resources: https://wearelifestylebuilders.com/yo...
Key Insights:
-Learn why you should be playing the short game before the long
-Understand the different parts of creating a proper time breakdown for your new business or service
-Discover your "MVP"
Timestamps:
[ 00:12] - Welcome
[ 02:01] - Creating sales
[ 02:50] - Regardless if you're an established business or starting out new, this stage will be your launching point for any new product or service
[ 05:33] - What is happening in this stage?
[ 05:57] - Understanding your customer
[ 09:50] - Making sales starts by validating your ideas
[ 10:50] - Your time breakdown is 10% Strategy, 30% sales, 40% operations, 5% finance, 5% marketing and 10% admin
[ 19:55] - Profit First = 5% profit, 50% salary, 15% taxes, 30% operation expenses
[ 23:25] - Creating a team
[ 24:55] - Tools and tech
[ 28:21 - MVP - Most Viable Product
[ 32:32] - When is it time to move on?
[ 33:51] - Actions
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