Dominic Monkhouse

You're Not Ready to Grow Your Business Until You've Fixed This


Listen Later

Your worst customers aren't just hurting your margins—they're stealing your best people's time. At IT Lab, we were losing £65,000 a month. In 90 days, we got to break even by making one hard change: we stopped treating every customer the same. If you treat everyone the same, your best customers leave first. They don't complain—they just go.I'm Dominic Monkhouse. I've scaled two tech companies past £30 million and coached founder-CEOs for a decade. In this video, I'm showing you three things: the 3P filter to sort customers, the three-tier system so your team knows who gets what service, and how your champions become a moat competitors can't copy.⏱️ TIMESTAMPS:0:00 - Your Worst Customers Are Stealing Your Best People's Time0:26 - The 3P Filter: Profit, Patterns, Potential1:21 - How We Sorted 12,500 Customers at Pier-12:14 - Three Lists: Upgrade, Hold Steady, Downgrade2:39 - The Three-Tier System (Equal Treatment Is Lazy)4:13 - The Script to Downgrade Customers Without Drama5:21 - Your Champions Become Your Competitive Moat6:51 - Bring It Together: Monday to Friday Action PlanKEY TAKEAWAYS:- If you treat everyone the same, your best customers leave first- The 3P Filter: Profit (what's left after support), Patterns (how they behave), Potential (where they're going)- Three lists: Upgrade, Hold Steady, Downgrade- Three-tier system: Champions get VIP, Core gets standard, Price Shoppers get minimum- The downgrade script: "To keep prices where they are, we only offer support via email within 48 hours. Telephone support is on the higher plan."- At IT Lab: Put prices up 50%, lost one customer- Your champions become your product team, case studies, and salesforce- Don't go from 12,500 to 25,000 customers—just add 100 champions a year- Equal treatment isn't fair—it's lazy📧 Want one email a day to get your time back and stop firefighting? 33 lessons in the description: https://join.monkhouseandcompany.com/33-days-of-no-bollocks-business-insights📞 Ready to build a moat around your champions? Book a call: https://book.monkhouseandcompany.com/founder-freedom-call→ FOLLOW DOMINIC MONKHOUSE:LinkedIn: 👔 / dominicmonkhouseInstagram: 📷 / dominicmonkhouseWebsite: https://www.monkhouseandcompany.comABOUT DOMINIC:I'm a UK-based business coach who helps founder-CEOs scale their companies from 50 to 250 employees. I've scaled two UK tech companies to £30M ARR in five years. Now, my mission is to help 2,000 British companies build systems that scale without the founder at the centre of everything.Your worst customers are stealing your best people's time.#FounderCEO #CustomerStrategy #ScalingBusiness #Profitability

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

Dominic MonkhouseBy Dominic Monkhouse