How can creators like us, who are new to building online businesses, who have high-value skillsets, how do we scale our monthly recurring revenue (MRR) to get us the freedom we desire? That is the question, and this newsletter will give you the answers. Be sure to subscribe if these are the type of answers you seek.
My name is Boysie Gordon, and welcome to Boysie Talks Business.
My first business was struggling...
Vendors beating down our door for money
Clients displeased with our service
Employees unsure of our viability
We had just come off the worst month we had ever experienced.
A 50% drop in MRR…
And had we not grinded for the whole month, it would have been even worse!
What Happened?
We had just come off a high…
After crossing our first million dollars of revenue as a company,
We began to celebrate and give virtual high-fives!
Leading up to this point, I was under the assumption that this would take years!
Nope…
It only took a little under 8 months.
But it all came crashing down not even a month later.
We dropped off a cliff from $450k MRR to under $250K MRR…
My world was burning around me, and I had no clue what to do.
What Did We Do?
I was the CEO of the company!
No one else would be taking the blame for this one.
My responsibility was to give us a fair shot at succeeding, and per the numbers…
I was not doing my job.
I did the math, and we had about 5 months of operation until we were DONE!
The first thing I did was identify our problem areas…
Poorly trained employees
Lack of process efficiency
Horrible company morale
… there were more, but these were the main problems we faced.
Once ALL our problems were rounded up it was time to get solving.
We began solving by order of most efficient and greatest ROI.
What problem is going to give us the most relief with the least amount of energy.
Within one day, I had crafted a plan to…
Increase our cashflow
Decrease controllable errors
Increase operational efficiency
It was a clear and concise plan that I knew would get us where we needed to go.
The Next 90 Days
All of us had to get on the same page if it was going to work.
I had a brief but motivational meeting with the team to go over the plan.
It was obvious that everyone was locked in as over the next 90 days…
We almost completely recover from our situation.
From under $250k MRR to over $350k MRR.
An insane period of recovery and scaling and we repaired our entire business.
The only difference now was that we had the correct infracture in place!
Exactly the type of work I want to do for your business over the next 90 days.
Analyze Bottlenecks
Improve Systems
Book Meetings
Email me at the address in the P.S.
We can make sure you are a solid fit for the camp and get started on the work..
P.S.
The Boysie Talks Business Bootcamp will show you how to do it for yourself!
Weekly Seminars
1:1 Private Meetings
Team Environment
All centered around booking meetings for your business using social media!
If you want the details, just email me at waitlist@bosyiegordon.com
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