The Automated Millionaire

We're looking at finding the cash in the business. I have been continuously astounded by the levels of cash I have found in ailing businesses, simply because I knew how to find it. The business owners had been struggling making money and producing necessary cash in the business, but with the right system, you can actually find a lot of cash in what seems to be any business.

The system I teach my clients, I call The Automated Millionaire Business System. It's a fully integrated systems that ensure that you, as the business owner, and your team actually find what needs to be done, by how much, how soon, and by when and by whom.

By its design, it will actually ensure that you not only typically get all the results you set out to achieve, but you accomplish it almost as if it ran on automation.

In this episode which is still part of our first series called The Secrets Of A Top Business Turn-Around Agent, we look at how we ensure that all our business improving action steps we have decided on, actually gets carried out and that we can track the money on a weekly basis.

So What's The Next Action Step We Need To Take?

We have found some undesirable outcomes and found these cost us enough money that we are now committed to do something to fix them.

In this episode we talk about what we need to do, and assigning values to who will take care of it, by how much, by when, and who will ensure this is followed up on.

We will talk about establishing the Metrics that will ensure that your desired results will actually be reached.

We go back to our series on The Secrets Of A Top Business Turn-Around Agent.

In this episode we will talk about the need for doing all the calculations when we look at the Undesirable Outcomes. We want to be careful about making any assumptions or just go by gut feeling or on how big the issue seems to be on the surface of things. 

Instead we want to actually have the discipline to go through the motions and do all the calculations to find out in detail just how much each issue is costing us, either as an actual expenditure and or as an opportunity cost.

Only when we have made the calculations, can we make educated decisions on what do to about the issue at hand and also on how much to prioritize the fixing of the current issue as opposed to other issues.

More details in the episode.

In this episode I'll talk about how the name of The Automated Millionaire came about and was chosen.

Some great connections of mine, who were helping me at that time with some business development,  actually coined the term when they inquired deeper into my background and story on how I acquired my expertise.

Seeing I was able to make a lot of money from a "remote control" position, without pretty much ever being present in the business, they thought it was like making millions on automation.

It wasn't all automation, but yes, in essence there certainly was some sense of that.

Today there are even more opportunity for making this happen for business owners. New tools, and especially the internet, make more things possible than what I really had available then, or at least what was truly adopted fully when I began.

As I celebrate my 10th episode and the fact that after a long wait filled with excuses and procrastination, only because this is a new arena of doing something I'm uncomfortable with here in the beginning, I finally got myself together and commenced putting out content on video and podcast platforms.

I meet the same challenges with everyone on my journey as we try to avoid having go new routes or venture into unknown territory.

So today is a celebration for me.

It's my hope that this will also be a celebration for many business owners, as I'm sharing a lot of the insights, expertise and secrets that I have gathered from my work as one of the leading business consultants and business turn-around agents in the world.

My charge is to help as many business owners in the world as I can by helping them make more money with their businesses while also making them transform their businesses into more smoothly run operations.

When implemented and followed my systems will transform the lives of the business owners and possibly the lives of the employees.

The better we are at calling out the BS, even when such BS resides with ourselves the better we can become at making our business work well and perform at a much higher level which will result in much more money earned.

In this episode we will discuss how we often fill in our time with "stuff" that doesn't help us produce a better result, often because we really don't want to face what we really need to do or because perhaps we know that we are not that good a fixing and doing what must be done.

We also talk about the importance of quantifying how much your various undesirable outcomes are costing you.

In business we invariably have things that irritates us, sometimes quite a lot. If you dive deep enough, you may find that the same things that irritate us, also is actually costing your business a lot of money.

I call these Undesirable Outcomes.

These can be issues that seem to come up every so often, e.g. a delay in production, a service that takes us longer than we typically plan for, a break down of a machine, an employee who doesn't show up for work on time etc.

Identifying Undesirable Outcomes and then working on fixing these are often a great avenue to finding cash in your business.

In this episode we discuss this topic and also the topic on the need to bring everything, including the ugly, out on the table, so you can either clear the air or resolve an underlying problem.

In previous episode we spoke about establishing a Management Team. Continuing our series on the Secrets that make the best business turn-around agents so successful we now will discuss a couple more secrets, including the topic on developing leaders.

Here's another episode in our current series of the Secrets Of A Top Business Turn-Around Agent.

Again, we're looking at how it is that top business turn-around agents can enter into a business that they may know little about that may even operate in an industry of which the business turn-around agent has no prior experience, and yet be able to turn a struggling business around and make it vastly profitable often within just a few weeks or a few months.

In this episode we reveal 4 more secrets.