GAVID007 – BME Growth Ninja
August 2018
Summary
Growth Ninja: 40,000-100,000 a year-Scale and make it a company
Be priced correctly….$500 price point
40,000-7 customers a year
100,000-17 customers a year
Growth Ninja Level
-Financial Control
-Growth and action taking mindset
-Learning to build a team
-Learning to build basic processes
-Learning to practice and improve your ability to delegate
Financial Model:
Rule of Thumb: Cost to deliver what you do and triple it-should be profitable
-Labor type service-$50 an hour…triple that…billing out $150 an hour
-Product-$350 in cost, triple,..$1050 Sell it for
Financial
You are the owner and the employee:
Owner Draw-20% -Pay yourself first
Overhead/taxes-30%-15% taxes/15%Overhead
Operations-Deliver product/Production-50%
Mindset
Invest in yourself/Personal Development
Delegation
Write down what you did today
From 1-10 rate what you love the most
- Identify what you want to give away:1-2 things at a time
- Make a checklist/video of how you do that task
- Talk with who you are going to hire for this task for and if they want to do it
-Project review meeting
-Make a timeline-when/how long
-Check-in