Business by the Numbers

Mick and Andre have been touching on the importance of building your business into a money making machine in the past episodes, and in this one, they're outlining how to do just that. They discuss what many business owners fail to see and where you need to be paying particular attention in order to discover the money making potential of your business. They also share strategies for taking the information you gather on your business and putting it into action so you can reach superior profitability.

You can find show notes and more information by clicking here: http://scienceofbusinesswealth.com

No business wants to be in the position where demand generation is consistently stressful, but so many are in this survival mode. In this episode, Andre and Mick will be discussing how customer acquisition can actually be quite predictable, and they share insight on how to make it that way for your business. Continuing on the theme of the Investor Ready Scorecard, the guys reference the different levels of business and how customer acquisition should look for each stage.

You can find show notes and more information by clicking here: http://scienceofbusinesswealth.com 

Now that they have given an overview of the 9 ways to score your business, Mick and Andre will be going over each in detail, one by one. In this episode, they discuss the opportunities and risks that are presented within your customer portfolio and how to manage it in an effective way. You will gain a better understanding of the phases the portfolio goes through, as well as the part it plays in creating a sustainable and lower-risk business.

You can find show notes and more information by clicking here: http://scienceofbusinesswealth.com 

From their combined 60 years of working with business owners, Mick and Andre have seen some important patterns that can be great indicators of where your business is and where it can go. In this episode, they lay out the 9 attributes of an investor ready business. You will get their valuable insight on how to understand these attributes and how to make them work for your business.

You can find show notes and more information by clicking here: http://scienceofbusinesswealth.com 

Are you running a lifestyle business? Or is this a goal you have? When it comes to the sustainability of this model, much of what is important gets lost in the day-to-day needs and distractions of running the business, so today, Mick and Andre will explain the number one problem with lifestyle businesses, as well as what it takes to get to an investor ready state.

You can find show notes and more information by clicking here: http://scienceofbusinesswealth.com 

In this episode, Mick and Andre continue sharing their research findings to reveal what differentiates successful companies from non-successful companies. Listen in to learn key differences in hiring and onboarding practices, management setups, and more.

You can find show notes and more information by clicking here: http://scienceofbusinesswealth.com 

In this episode, Mick and Andre discuss their research of over 150 companies and reveal what traits they discovered successful business owners had in common. Listen in to find out what characteristics these owners shared. Some of them may surprise you.

You can find show notes and more information by clicking here: http://scienceofbusinesswealth.com

Cash flow management is something that is so important to businesses and yet it gets overlooked and mismanaged too often. Within 1 year, 50% of businesses fail and within 10 years, 90% will fail. The main factor that causes failure in business is running out of cash. On this episode, Mick and Andre lay out the different ways that businesses get caught up with cash flow problems. They also give easy and actionable steps showing you how to protect your business from mismanaging cash.

You can find show notes and more information by clicking here:

http://scienceofbusinesswealth.com

Managing and maintaining profits in a wise way is one of the most important aspects of running a successful business. Mick and Andre focus on the making money rule this episode and give a better idea of what the 30% rule is and why that is just the starting point. They point out some key areas where businesses make mistakes even while following the 30% rule and how you can avoid these issues.

You can find show notes and more information by clicking here:

http://scienceofbusinesswealth.com

Growth is an important goal for most businesses but what happens when profits don't match up? Andre and Mick explore what it means to have good growth and share what the most successful businesses focus on to ensure this good growth. They explain how you can avoid falling into the cash trap and protect your margins.

You can find show notes and more information by clicking here:

http://www.scienceofbusinesswealth.com