Episode Transcript
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0:00
We've gotten so good at growing
0:02
companies insanely fast it almost feels
0:04
illegal. But I promise you there's
0:06
nothing shady about it. In fact
0:08
we've hit the ink 5,000 list
0:10
two years in a row and
0:12
not by accident. But by following
0:14
a repeatable system that any business
0:16
can use. And it's not just
0:18
us, one of my clients doubled
0:20
their revenue in months without adding
0:22
a single extra hour to their
0:24
work week. If you follow these
0:26
steps, you can create a business
0:28
that scales quick... while freeing up
0:30
your time. No more feeling overworked,
0:32
overwhelmed, exhausted, stuck. Instead, you'll have
0:34
a business that runs like a
0:36
well-oiled operation. In this video, you're
0:38
going to learn the power of
0:41
doing less. How to over-deliver without
0:43
over-working and why you need to
0:45
find slot machines and avoid the
0:47
alligators. By the way, if you
0:49
don't know who I am, my
0:51
name is Stacey Tushel and I've
0:54
been a business owner now for
0:56
over 22 years and my business
0:58
is generate over $10 million in
1:00
annual revenue. So let's talk step
1:02
one. doing less better. Now I
1:04
get it. You've heard that before,
1:06
a billion times in fact,
1:08
and that's exactly the problem.
1:10
When advice gets repeated so
1:12
much, it actually stops meaning
1:15
anything. But here's the real
1:17
reason you should care. Most
1:19
businesses don't fail because they're
1:21
doing too little. They fail
1:23
because they're scaling a mess.
1:25
When you grow without focus,
1:27
you don't just add revenue,
1:29
you add chaos and you
1:31
might be feeling that. more
1:33
moving parts to manage, more
1:35
interruptions, more fires, and suddenly all
1:37
that growth starts working against you.
1:39
I've seen businesses double their revenue
1:41
and lose money. I've seen entrepreneurs
1:43
work twice as hard and burn
1:45
out while their business is plateauing.
1:47
Not because they weren't doing enough,
1:49
because they were doing too much
1:52
of the wrong things. And that
1:54
is the real game here. It's
1:56
not about doing one thing just
1:58
for the sake of it. Everything
2:00
that doesn't multiply your results. So
2:02
if you don't get this right,
2:04
scaling isn't going to save you.
2:06
It's going to break you. Most
2:08
business owners think that growth comes
2:11
from doing more, right? More marketing,
2:13
more sales, more hours. But in
2:15
reality, scaling starts with doing less.
2:17
So this is what we call
2:19
the power of one, one person.
2:21
Finding one specific type of person
2:23
or customer profile, where you describe
2:26
them to a T. You're marketing,
2:28
you're marketing. conversations, your actual customer
2:30
experience, it's thinking about this one
2:32
specific person in mind. Second, we
2:34
look at one problem. Solve one
2:36
pain point so well that your
2:38
audience can't ignore you. Too many
2:40
businesses are diluting their message by
2:43
trying to fix everything. Instead, go
2:45
deep, not wide, and whatever you
2:47
do, do not get shiny object
2:49
syndrome. Next, one product. Instead of
2:51
offering multiple services or products, dominate
2:53
with one. The best brands aren't
2:55
known for everything. They're known for
2:57
one thing. Think Apple's iPhone. Tesla's
3:00
electric car. Thanks, shape where? And
3:02
last, one platform. Instead of being
3:04
everywhere, build authority in one place
3:06
first. Master Instagram or go to
3:08
YouTube or really start to focus
3:10
on your email list. Whatever fits
3:12
your audience best. Now before expanding,
3:14
start with one and stay there.
3:17
By the way, we actually have
3:19
a whole video about this, which
3:21
you can watch by clicking here.
3:23
If you just stay there, it
3:25
sounds so simple, but it's not
3:27
easy. You will want to naturally
3:29
add more. Do more, expand faster,
3:31
resist the urge. The most successful
3:34
business owners are resisting all of
3:36
these shiny objects all day, every
3:38
day. And instead what they do
3:40
is they refine, they optimize, and
3:42
they master their current strategy. Simplicity
3:44
scales and complexity kills. We've had
3:46
so many clients think that another
3:49
location is going to be the
3:51
answer. And maybe if they're red.
3:53
Yeah, sure, it could be great.
3:55
But we've also seen clients let
3:57
go of losing locations and the
3:59
main business takes off. So the
4:01
moral of the story is do
4:03
less better. Number two, over deliver
4:06
without over working. Most business owners
4:08
here over deliver and they assume
4:10
that it just means work more.
4:12
So they just write it off
4:14
completely. And honestly, if over delivering
4:16
just met more stress, more effort,
4:18
more unrealisticistic expectations, you'd be right
4:20
to ignore it to ignore it.
4:23
here's why it actually matters. Your
4:25
highest paying, easiest sales don't come
4:27
from new leads. They come from
4:29
people who already trust you. So
4:31
think about it. If you're always
4:33
chasing new customers, you're constantly stuck
4:35
on that marketing hamster wheel. More
4:37
ad spend, more cold outreach, more
4:40
convincing, and every sale feels like
4:42
a battle. But the best businesses,
4:44
they don't win by always hunting
4:46
for new people. They win because
4:48
their existing customer base spends more.
4:50
Refers. and sticks around longer. The
4:52
kind of over-delivering I'm talking about
4:55
isn't about working harder, it's about
4:57
making people feel like they're getting
4:59
more than they paid for without
5:01
you doing extra work. So how
5:03
do you over-deliver without over-working? Well,
5:05
surprise and delight. Give unexpected bonuses.
5:07
Personalized touches or exclusive perks. This
5:09
is going to make your clients
5:12
feel valued and keep them engaged.
5:14
So an example could be a
5:16
bridal boutique surprises their VIP brides
5:18
with... a veil upgrade, right? Making
5:20
them feel extra special and increasing
5:22
word-of-mouth referrals. Solve problems before they
5:24
ask. Anticipate needs and provide proactive
5:26
solutions. So maybe a many spot
5:29
owner sends post-treatment skin care guides
5:31
to clients positioning the business as
5:33
caring and knowledgeable while increasing those
5:35
product sales. Make them feel like
5:37
insiders. Give your top clients access
5:39
to early product jobs, behind the
5:41
scenes insights or private. communities. A
5:43
professional organizer can make feel like
5:46
VIPs by offering exclusive in-home organization
5:48
audits or private virtual coaching sessions
5:50
for repeat clients. This is going
5:52
to build loyalty, encourage referrals, and
5:54
keep clients engaged long after their
5:56
initial service. Why over-delivering creates loyal
5:58
high-spending clients? Well clients stay longer,
6:00
which means higher lifetime value. They
6:03
spend more. They trust you so
6:05
upsels feel natural. And clients refer
6:07
like crazy, and they just can't
6:09
stop talking about you. The businesses
6:11
that scale the fastest, they don't
6:13
just sell a product or service,
6:15
they create an experience that people
6:18
will never want to leave. In
6:20
fact, I just read a Google
6:22
review on my studios and the
6:24
parent wrote, I can't imagine going
6:26
anywhere else. That is what we're
6:28
talking about. Step three, keep playing,
6:30
winning slot machines and avoid the
6:32
alligators. Every decision in your business
6:35
either multiplies your time and money.
6:37
Those are slot machines. Those are
6:39
alligators. your job as the CEO
6:41
is to double down on the
6:43
slot machines and eliminate everything that
6:45
drains your resources. Let's talk about
6:47
finding the slot machines. Now a
6:49
slot machine business is just something
6:52
that when you invest in it
6:54
it pays you more. These could
6:56
be things like people, a high
6:58
performing employee or contractor who directly
7:00
generates revenue, you pay somebody 50,000
7:02
a year, they're making the company
7:04
100,000 a year. It could be
7:06
marketing, adds that convert, referral programs
7:09
that bring in new... leads or
7:11
content that works for you 24-7.
7:13
Software and automation, tools that save
7:15
you time and eliminate manual work.
7:17
Maybe coaching and education. The right
7:19
mentor can ten X your business
7:21
by giving you the shortcut to
7:23
success. We recently started running Google
7:26
ads and I hadn't really heard
7:28
too much from the ads company
7:30
on what was happening and when
7:32
I finally brought it up, I'm
7:34
like what's going on? They said,
7:36
well we haven't spent too much,
7:38
only about 1300, but you made
7:41
12,000 in sales from it. And
7:43
I'm like, So why are we
7:45
scaling that? Not everybody under. this
7:47
concept. They have a slot machine.
7:49
A slot machine where you put
7:51
in 1300 and you get 12,000.
7:53
So I said to them, keep
7:55
putting money in the slot machine.
7:58
So don't just think it sounds
8:00
simple and easy. Make sure you
8:02
are actually paying attention to this
8:04
data so you know where the
8:06
winning slot machines are in your
8:08
company. We need to avoid the
8:10
alligators. Allegators are things that look
8:12
harmless but slowly drain your profit.
8:15
Meteor offers, if it's breaking... for
8:17
free. I am so guilty of
8:19
this one. I used to say,
8:21
okay, there's a dance class with
8:23
with three kids in it and
8:25
they're each paying acts and we
8:27
paid the teacher this. Okay, well,
8:29
we're not losing money, right? So
8:32
we can just keep it. That
8:34
is called working for free. And
8:36
what we realize was, you know,
8:38
sometimes we have to have a
8:40
bare minimum where we say, okay,
8:42
unfortunately, this class isn't going to
8:44
be going. them like their first
8:47
or second class free to offer
8:49
this incentive to switch. So now
8:51
there is no cost of a
8:53
teacher and we just took three
8:55
kids and put them in a
8:57
class that wasn't full and had
8:59
capacity to make more. Lightballed moment
9:01
for me when we change that.
9:04
Another one is an underperforming team
9:06
member. If they don't generate or
9:08
protect revenue you need to reassign
9:10
or replace them. This is a
9:12
big one and we can talk
9:14
so much more about this but
9:16
what you need to know is
9:18
this happens even sometimes even sometimes
9:21
with commission only contractors or employees.
9:23
So you might say we've worked
9:25
with hundreds and hundreds of clients
9:27
that will oiled and one of
9:29
the biggest areas that this pops
9:31
up as a red flag is
9:33
when somebody is on zero dollars
9:35
an hour and commission only. So
9:38
when somebody's underperforming earning low commission
9:40
I'll have a business owner say
9:42
well it's not really costing me
9:44
any money because I'm not paying
9:46
them. Okay but there is something
9:48
called opportunity cost. So yes you're
9:50
right you might be paying them
9:52
zero dollars to produce enough. But
9:55
if you had somebody else in
9:57
there and you were paying them
9:59
a lot of money, but they
10:01
were generating four times their salary,
10:03
that's a big, big difference. So
10:05
do not think, oh, well, they're
10:07
not costing me anything. There is
10:10
always an opportunity cost. Next is
10:12
software bloat, and wow, this one
10:14
has skyrocketed. I've been in business
10:16
for a few decades, and what
10:18
we used to spend on software
10:20
is nothing compared to what we
10:22
spent today. 27 here, 97 there,
10:24
it adds up to thousands of
10:27
dollars per month. And a lot
10:29
of companies have what we call
10:31
software bloat. Meaning, a lot of
10:33
the tools are overlapping functions, wasted
10:35
money. And sometimes you have software,
10:37
you don't even remember that you're
10:39
still paying for. You thought you
10:41
got rid of them a year
10:44
ago. So be really, really careful
10:46
that you're not overpaying for software.
10:48
Busy work. Just because something is
10:50
getting done doesn't mean it's moving
10:52
the business forward. Don't tolerate break
10:54
even. If it's not making you
10:56
money. or saving you time, let
10:58
it go and focus on something
11:01
that will. These strategies are the
11:03
exact type of thing we help
11:05
business owners with. If you want
11:07
to find out how well-oiled can
11:09
help you streamline and scale, you
11:11
can book a free 60-minute call
11:13
at book woo call.com.
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