Converting passionate Ideas into Profits
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Transcript of Converting passionate Ideas into Profits
Converting Passionate Ideas Into Profits
Prepared & Presented by:
Natasha Davis, RN-BSN, MBA-M, CEME, CSMA
Executive Coach Business & Marketing Strategist www.VisionaryPeopleArise.com
Idea meets Goal…
Ideas Goals
84% of people have no goals at all 13% have goals but it’s not written down
3% of people have clear goals and they are written down
Why Ideas never see the light of day?
• 1) It never goes further than a thought
• 2) It doesn’t get taken seriously
• 3) Fear of the Goal & the Outcomes
• 4) Lack of Resources & Know How
• 5) The plan is never put in action
• 6) Everything else becomes a priority
• 7) No understanding of Basic Laws in Business
Why are goals rarely set?
• Lack of value…Some people are never exposed to the importance of goal setting
• Lack of Know How…never taught how to set goals
• Fear of being criticized if the plan fails…Failure Hurts and it’s never forgotten
• Fear of rejection and being laughed at…
It’s Time To….
Make a Clear Decision……
Decide to Succeed
Expect to Succeed
Prepare to Succeed
Be M.O.R.E In Control of Your Mind…First!!!
The power of Written Goals!!!
• Written Goals give direction and control
• You’re in position to start and finish
• The Failure Syndromes are minimized…
Ignorance…I didn’t know!
Just Do It Blindly..It will work out
Don’t Look Under the Hood
When I….
Write the Vision & Make it Plain
The Goal
Action Steps
Action Steps
Action
Steps
Connecting with the Goal….
Visual Senses Auditory Senses Kinesthetic Senses
Evaluating the Idea for Viability
• THE EMS system..will make behaviors R.I.E.T
• Does this decision or action line up w/ my current business & goals
• Is this something customers would want or is it what I want?
• How does it make money…How will I create Social Proof?
• What resources do I have at my disposal
• How much will it cost to launch..Time & money
Let’s Build Our Prices!
• Building a Base Rate then a Billable Rate…
Important Metrics to Know Your ROI & Sales Pipeline
• Average Order Value (AOV)
• Project Rate of Return (PRR)
• Close Rate (CR)
Average Order Value (AOV) Total Revenue per mth / Total # of sales per mth = $AOV EX: $6000 month revenue / 12 Orders for the month = $500 AOV Close Rate (CR) Actual Customers / Totals Leads x 100 = %CR (4%-10% is average) Converting Leads into Sales EX: 325 leads gained 45 customers … 45 / 325 = 0.13 x 100 = 13%
What Happens without Strategic-Planning ?
• 95% Lack Organizational Understanding
• 90% Fail Successful Execution b/c only 10% Implement the plan
• 86% Lack Conversation about the Plan
• 60% Forget Budgets in the Planning
When Do I Need A Coach?
• When You get Tired of Rowing the boat by Yourself!
• Those who have a Coach are:
80% more Productive 60% more Effective
20% more Profitable
How will it be positioned and launched
• New product vs. Revised product Plan
• Marketing Strategy & Funding Source
• Create it & Create the Demand ……
• Innovators & Early Adopters = Social Proof
Talk to the first 16% ….
Convert Ideas into Goals SMARTER
• SMARTER MODEL
• Accountability Person.. Why a Coach it perfect
• Define your Developmental GAP (desired level – current
level = Development Gap)
• Your Top 10 Goals using the “I “ Effect...
Prevent Self Sabotage…
• Write the Plan of Action out
• Be Clear and Specific
• Know your Business inside & out… SWOT
• Read & Say your Top 10 Goals Daily
• Speak in the present and use “I”
• Remember to Train your RAS mind
Remember to Grow the Business..
Customers
Products/Service
Sales Profits
Team
What Happens in your Strategic “Success” Coach Program?
12 Weeks 1:1 customized Coaching
Program You’ll go from Goal Goal Project Project With less Stress
High Accountability High Impact High Results Finding the Paths that are least Resistant Being Less Frustrated Have a Thinking Partner
Get Your Strategic “Success” Coach www.NatashaDavisVisionary.com
Test Drive It! With a 2 For 1
• Not sure if you want this type of coaching? Test Drive it!
• Buy 1 hour of Coaching and Get 2 hours..
• Your 2 For 1 awaits…$125 secures your 2 hour session. Let’s get it done!
Ready to Go All In!
• Ready to commit the next 12 weeks to getting results? Lock in your 1:1 Success Coaching today.
• Secure your Sessions online…
• Your Success Awaits you Original $1800 … Current Special running $1500!
@VisionaryPeople @NatashaVPCEO @VisionaryPeopleArise
Thank you for the Opportunity to Coach You!
Any Questions?
Call Us if You Need Us: 678-390-2681
www.VisionaryPeopleArise.com