The Blog
Weekly updates, info, and practical advice for business owners and entrepreneurs.
The real reason your biz is struggling.
I've got strong words to share today, friend. I want you to know this newsletter comes from a place of love and a strong desire for your business to be around for years to come.
But sometimes, hard choices need to be made before a business can really grow.
The truth behind my $114k week…
The other night, I was at a v. fancy dinner with some of my closest gfs...
A Tale of Two Hires: which one are you?
How to Make Your Next Hire a Success, Whether You’re Making $200k or $2M
Why I Created My Signature Program
WHY I created my signature consulting program, The 7-Figure CEO
It’s me, hi, I’m the problem, it’s me.’
if your team and clients don’t trust you and see you as a credible leader, they are going to vote with their feet.
Offboarding: The Art of a Good Goodbye
Regardless of your reason, ending client contracts well (aka developing an airtight offboarding process) is an important skill for all of us service-providers to develop.
Let's talk about running a sustainable biz
My guess/hope is that I could say to you,
“If you earned $10,000 of revenue tomorrow, how much of that would end up in your pocket?”
If you run a service-based biz, I’d guess this number is $2-3k (20-30%).
That’s normal for most professional services firms - lawyers, interior designers, marketing agencies, accountants, doctors, physiotherapists, etc.
Rejection…
If you’re an entrepreneur, I know that you’ve faced A LOT of rejection. The magic is not in the steps but in getting out your paper and pen, and actually DOING the steps. So let’s dive in!
Let's talk about breaking even
Discover your break-even point! Let's calculate it together for optimal financial clarity.
Someone who owns a business vs a business owner
I’ll be honest: in the past, I haven’t always made great decisions in my biz. I try, fail, adjust and then do better. That’s my way.
My client brought in nearly $40k of new work in our first few weeks together
I’m going to tell you a story today about an incredible client of mine who came to me in the midst of some pretty big challenges - troubles making payroll, out-of-alignment clients, and a general feeling of overwhelm from managing her team - and within a few WEEKS of her joining 7-Fig CEO, I’m excited to share that she’s brought in nearly $40k of NEW client work.
When it's time to fire a client
Real talk today, friends. We've all had “that client” before: 🙈🙈🙈
You have a full-body reaction when you see their name pop up in your email inbox;
They grind you on price, but always demand an extremely quick turnaround on your work product; and
They are so hard on your team that you often wonder if it's worth keeping them around (but they pay the bills….).
It's math time
If you care about things like:
If you’re paying your technical team members too much or too little,
Who are your most profitable team members and who is a drain on your resources; and
If there is someone on your team that needs extra support or training;
Then you’ll want to grab a Peach Tranquility tea and an almond croissant and listen up because today I want to talk about something that is very CPA-ish.
How you run your biz when you’re bringing in $500k a year won’t work for $2M+ revenue goals
I have this fabulous client in 7-Fig CEO. We started working together last June and, I have to say, this working relationship has been wildly successful. Let me share two of their wins:
HUGE revenue growth: year over year, this client’s revenues are up big time - they averaged about $195k/mo in each of Jan and Feb 2023, and this year, they are averaging about $250k per month.
Vacay time: one of the owners is taking a big, fancy cruise vacay soon and actually unplugging while she’s gone (aka not checking work emails or messages). This is something that just wouldn’t have been possible last year.
Lessons from my 2,573km road trip
This past weekend, I drove from Windsor, Ontario to Saskatoon, Sask.
It was a realllllllly long road trip - the longest I’ve ever taken… 2,573km to be exact.
And I’ll be the first to admit there was basically no pre-planning done for this trip.
Let’s talk about my signature program: The 7-Figure CEO.
(and I also have a BIG win to share at the end)
I love love love this program. Why?
It works.
Time and again, I’ve seen this offer help my clients take their wildest biz dreams and break them down into manageable, bite-sized morsels that feel more like the obvious next steps instead of far-out wishes on a cheesy vision board.