Capability Amplifier

How to 10x Your Coaching Business Revenue


Listen Later

Want a FREE Masterclass on Mike Chu’s Retention System for Generating an Extra $100K in Hidden Back-End Revenue? Get access here: champdev.com/free

In this episode, Mike joins Michael Chu to discuss how you can grow and scale any coaching business without it depending on you.


Michael Chu started practicing martial arts at age three. He didn’t know it then, but the discipline learned in sports would help him stick to something he wasn’t good at when he started: sales.


He decided to keep pushing beyond his initial shyness and became a great salesman. After applying that same discipline, the time came when Michael got to train and develop sales teams into seven-figure sales machines and also started businesses of his own.


When he got into the coaching business, he realized that even though his company could grow a lot, the mainstream approach to growth was not what he wanted. Michael wanted the business to grow independent of him, even at scale. 


He had to challenge many things that he had learned from mentors and experience. Still, he eventually found an eight-principle system that could grow his coaching business (and any other) into a multiple-figure business without requiring the owner to be fully involved.


Today we are going to break down for you this exact system. Do you want it?


Key Takeaways

  • How Michael got into business and coaching (03:44)
  • Glass ceilings can make your business feel like a rollercoaster (08:19)
  • How the Harvard Effect works (12:27)
  • You don’t have to be “the pushy salesperson” to grow to the next level (28:37)
  • The real work starts after the sale is made (38:56)
  • “I realized that my business needed to change to become scalable” (44:37)


Additional Resources

  • Learn more about Mike
  • Apply to work with Mike


Capability Amplifier” is a weekly podcast on all-things entrepreneurship, brought to you by Mike Koenigs and Dan Sullivan.


For more episodes, follow us on your favorite podcast app!


...more
View all episodesView all episodes
Download on the App Store

Capability AmplifierBy Mike Koenigs and Dan Sullivan of Strategic Coach

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

72 ratings


More shows like Capability Amplifier

View all
The Smart Passive Income Online Business and Blogging Podcast by Pat Flynn

The Smart Passive Income Online Business and Blogging Podcast

3,439 Listeners

Exponential Wisdom by Dan Sullivan of Strategic Coach & Peter Diamandis of XPRIZE / Singularity University

Exponential Wisdom

213 Listeners

Multiplier Mindset® with Dan Sullivan by Dan Sullivan and Strategic Coach

Multiplier Mindset® with Dan Sullivan

109 Listeners

10x Talk by Joe Polish of Genius Network and Dan Sullivan of Strategic Coach

10x Talk

149 Listeners

Shannon Waller's Team Success by Shannon Waller

Shannon Waller's Team Success

47 Listeners

The StoryBrand Podcast by StoryBrand.com

The StoryBrand Podcast

1,935 Listeners

The Tony Robbins Podcast by Tony Robbins

The Tony Robbins Podcast

6,349 Listeners

Inside Strategic Coach: Connecting Entrepreneurs With What Really Matters by Dan Sullivan and Shannon Waller

Inside Strategic Coach: Connecting Entrepreneurs With What Really Matters

128 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,002 Listeners

The ONE Thing by Keller Podcast Network

The ONE Thing

1,109 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,454 Listeners

Free Zone Frontier by Dan Sullivan of Strategic Coach And Steve Krein of StartUp Health

Free Zone Frontier

15 Listeners

DarrenDaily On-Demand by Darren Hardy LLC

DarrenDaily On-Demand

1,735 Listeners

Anything And Everything by Dan Sullivan and Jeffrey Madoff

Anything And Everything

11 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

850 Listeners