One Thing: Day 335: The 5 Factors
Day 335: The 5 Factors
Yesterday I was explaining what happened when I tried to make $50 off my 7-year-old daughter’s, overpriced, American Girl, doll.
Ended the same way the Gamestop / Robinhood did.
In other news…
… and partly because I can’t help myself and partly because I was asked about my political opinion on my most recent podcast.
Jan 20: Had the highest ever one day COVID death count
Jan 20: A new President was inaugurated
Jan 22: Washington reopens indoor dining
Jan 23: Chicago reopens indoor dining
Jan 25: California removes curfew for citizens and they no longer have a stay at home order
Jan 31: COVID cases were cut in half despite a record number of deaths
Nothing to see here.
Please feel free to fact check the above in case I’m wrong.
Your ONE COACHING THING Today Is:
‘The Right Capital Structure’
Yesterday we were talking about GameStop and the Robinhood scandal.
Involved BULLIES being bullied.
Finance provides the gasoline to take an idea into reality.
Money makes the world go round….
Sad, but true.
Coming up with the right capital structure to secure the funds necessary to go forward, with an idea, is both science and art.
There isn’t a “fixed formula” for this.
That being said…
It will strongly be influenced by these 5 factors:
What is the element of risk?
Is the industry on-trend, growing, stagnant, or in decline?
Where is the general economy currently?
Are there any regulatory, political, legal, or environmental changes on the horizon?
Are there any societal issues or risks with the idea and or industry?
The ‘earnings game’ is no more as you see with the GameStop fiasco…
In the past, a company would beat its quarterly earnings and get an impressive bump in stock price.
Nowadays the analysts become PAID cheerleaders for the companies they report on.
Investors need to see through ‘optimistic reports’ and focus on the business environment, behind the curtain, rather than listening to talking heads like Jim Cramer on TV.
How is this relevant to you, a business coach?
If I am assessing a client to work with I’ll be able to afford my high-end coaching fees for the long term.
Maybe a contingency deal… or maybe I’m looking for a niche to operate in?
I’m assessing the above 5 factors, without question.
When I surf (very badly!)…
Kelly Slater and I both need the same thing…
A growing industry like anti-aging…
Is a WAVE.
At a minimum… by learning a small amount about finance and learning to ‘see the entire playing field’… you’ll stop giving all your money away to the bullies in the stock market.
You heard it here first.
Obsessed with your business coaching success,
Karl Bryan aka King Karl
PS. What if I told you there is no competition. It’s just YOU against YOU and you’re scared of your opponent.
PPS. Marriages break up from lack of money… over lack of love X 100.
Business failures lead to destruction, addiction, depression, anxiety, suicides, and unfortunately, far more.
As good business coaches we save marriages, save families, save kids from self-destruction… we save lives!
A true life of purpose.
PPPS. If you’re looking for a proven system to follow for your coaching…. I created business coaching software and high-end step by step training to support it…
It’ll teach you ‘How to find any small business owner $100,000 in 45 minutes without them spending an extra dollar on marketing or advertising.’
Imagine finding your annual $12,000 to $50,000 coaching fees BEFORE you started coaching your new clients?! And a proven coaching system created for you to follow with your new coaching client.
Reply to this post if you want to start following a proven coaching system.
PPPS. Forward this to someone that needs to subscribe to my daily emails and get a limited time, complimentary subscription to my business coaching magazine go here:
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Entertaining, Informative, Uncensored, Unedited:
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Karl Bryan gets clients for Business Coaches...period. He is the Founder and Editor-in-Chief of The Six-Figure Coach Magazine and Chairman of Leader Publishing Worldwide, home of the largest private community of Business Coaches (24 countries and counting) in the world.
His goal is straight forward… to help serious coaches/consultants get more clients.