Aired 14 hrs ago 3:25
News in Brief 22 March 2019
From the news
Aired 5 months ago 7:08
1054: Eliminate Self-Doubt and Boost Confidence with these Simple Tips by Chalene Johnson
Chalene Johnson of Build Your Tribe shares simple tips to eliminate self-doubt and boost confidence. Episode 1054: Eliminate Self-Doubt and Boost Confidence with these Simple Tips by Chalene Johnson Chalene Johnson is a world-renowned motivational speaker with more than 30 years as a health expert. She is a New York Times best-selling author, health and lifestyle expert, and top health podcaster with over 20 million downloads of The Chalene Show. Tens of millions of people around the globe have transformed their bodies and their lives with her help, and her fitness programs have been featured in gyms and on TV for more than 12 years. She and Bret, her husband of over twenty years, are the founders of the SmartLife movement. Together, they have built and sold several multimillion-dollar lifestyle companies and helped countless people to do the same. The original post is located here: https://www.chalenejohnson.com/eliminate-self-doubt-and-boost-confidence-with-these-simple-tips/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Thank you to ZipRecruiter for sponsoring! Listeners of O.L.D. can post jobs on ZipRecruiter for FREE! Just go to: ZipRecruiter.com/old
Optimal Living Daily
Aired 5 d ago 5:14
The $100 Million Dollar Mistake
Hey there I'm Eric Olson in I'm Kevin days. Join us on our journey to building a one hundred million dollars company. Hey, everybody. It's eric. Have you ever made a costly mistake? My guess is you have. But I bet it was not a one hundred million dollar mistake. Several weeks ago when we were thinking about going to a hundred million dollars, and we had just kind of announce it to the world. And maybe even after a couple of podcast episode, come Allah. We were like, yeah, we're going to do it one hundred million dollars. I thought well what's gonna actually take to get two hundred million dollars? Like how much do we have to sell? How fast we have to grow? We're going to try to do this by twenty thirty. What does it really mean? As far as growth are we talking about tripling the size of the company every single year doubling the size? And so what I do. I sat down and I created a complex spreadsheet. And in the spreadsheet, I said well at the time where it will million dollars a little bit more now, but then it was one million dollars, and we had to get to one hundred million dollars, and we had eleven years, and I brought that up in two months SO, I figured well. If we increase by this much every single month, and since this recurring revenue issued add on top of itself. So let's say we bring say a thousand dollars in the first month will and the second month we bring in thousand dollars again now up to two thousand dollars the third month we bring in one thousand dollars third time. Now, we have total of three thousand dollars. There's a cumulative effect over time, and we had eleven years times twelve months, and that's too much math for me to do right now. I don't know hundred thirty two that's close. If that, correct. So we had a hundred and thirty two months to actually build up this revenue. So I laid out this big spreadsheet and. And I did that we needed to bring an extra twenty six hundred dollars in new monthly recurring revenue every single week in order to achieve a hundred million dollars at the end of that time period, and I actually publish that information. I think I did a podcast episode about it. And I was very proud of myself or calculating that. A some point. I went back, and I looked at it. And I started to kind of question the logic. And I realized I had made a mistake. I had made a big mistake. What I was doing was always adding up all of the money that we would have earned between then and twenty thirty so summing it all up equal one hundred million dollars. That's a lot different than earning. One hundred million dollars in your twenty thirty which is really the goal. The goal is not to earn one hundred million dollars in the next eleven or twelve years. Then there's a big difference. Matter of fact, in order to earn a hundred million dollars over the next eleven years. What that means is into thirty will be an eighteen million dollar company. So think about it this way say like a million dollars in two thousand eighteen two million two thousand nineteen four million two. Thousand twenty cetera Oli up to twenty thirty eighteen million dollars. When you add all that up for every single year. That was one hundred million dollars was the answer. I got and it was wrong. It was a big hundred million dollar mistake. When I realized that and recalculated the numbers were huge. It was something like there was so big that even save the file it was like fifty five thousand dollars a week in revenue or maybe per month. It was a big big way bigger number than we could achieve saw realize that model was wrong. I had made a huge mistake would also realize that is going to be very difficult for us to grow by having a linear amount of new revenue coming in every single week or month. The reality is there's going to be stacking affect if we bring in twenty five hundred dollars per week in new month recurring revenue which is about what we're doing right now that won't be acceptable in five years in five years, and he's be ten or fifteen or twenty thousand a week. The numbers all the numbers are going to get bigger, including how much we bring in. There's also going to be an inorganic component buying companies and foreign them into digital. This is way more complicated of a situation than I originally suspected. It's not gonna be just bringing the same on of money every single week for the next eleven years way, more complicated. I made a huge mistake. I don't know what the answer is yet. But I know that it's not a steady stream of income is going to vary over the years. Thank you for listening. I hope you heard something you can implement in your business right away. Finance online at journey to one hundred million dot com.
Journey to $100 Million
Aired Last month 4:25
EXPANDING TO 7 DAYS A WEEK
Hey there. I'm eric. I'm Kevin join us on our journey to building a one hundred million dollar company. I mentioned in the last episode that we are going to be pivoting from calling this. The marketers anonymous podcast and flash briefing to journey to one hundred million dollars. That transition is in progress. It will take about a week maybe two to kind of flesh everything out. But one of the things that I've come to realize very recently is that when we first started doing this podcast and ever since this has been going out. It's been a daily briefing, but I did that with air flights. I know you can't hear the air close. But I I did it to self and the reason that air quoted daily is because it's really technically Monday through Friday. We have not been putting out content on Saturday and Sunday. I just got back from a lexicon, which is a conference all about voice assistance, and voice technologies. And maybe a third of the people that were there were creators people that had their own podcasts or flash briefings. So I had a chance really for the first time ever to interact with people that are also creating audio content. Like, I am right now and for people that are in the flash briefing game. They are doing it on a daily basis seven days a week. We're not I didn't do that at first because frankly, I was afraid or narrowly frayed I should say I was concerned about being able to produce enough content. That goes back to even picking the topic for this flash briefing daily podcasts at first it was going to be interview style. But I realized that was going to be I dunno. I personally I'm getting kind of sick of the interview style, you see it a lot and at some points, you know, with these series. You just realize they're just interviewing kind of anybody that comes along. I don't want to do an interview series. At least I don't wanna do interviews all the time. I don't wanna do tips and tricks because it's very low level. And I don't think people really care about that. I think they care about growing their business and just don't have a passion for that. I don't wanna do news because it's super timely, which means I have to record it that morning, and it's just going to be a problem. Long term. I can't dedicate every single morning to recording. I have to record an events. So the thing that I'm super passionate about his growing this business to a hundred million dollars. And so that's why picked that topic. Well, it turns out my business partner. Kevin daisy should be no surprise. Is is also very passionate about that. He is going to start recording episodes as well. So from now on you're going to hear the two of us, providing episodes one time, it'll be me one time it will be Kevin. So that we've got to people that are recording podcasts on the same topic for the same company. But what you're gonna find out bet is that we have slightly different approaches to the scene thing. We're a partnership. We're not identical twins, right? We have different ideas about how to address different situations. The good thing about a partnership is that hopefully, you're not you're actually not identical. There's a Ying and the Yang you balance each other out with Kevin I do very well. But now the Kevin's getting into the mix we're going to have more content. We're gonna go to seven days a week pretty excited about that. I'm interested to see what the Dalo numbers look like on the weekends. I suspect they'll be less than on Monday through Friday. But I also suspect they'll would be off by maybe. Fifteen to twenty five percent. So if we still capture seventy five percent of our audience on a Saturday and Sunday. Great, right. So it's a little bit of an experiment. I'm not too worried about it. Because like I said there's two of us now. So brace yourself for Kevin's episodes of show. They'll be awesome. But I'm also sure that in the beginning they won't be all that creep because it's as a little while to kind of ramp up and get comfortable just talking into thin air with a microphone cooked to your chest. So best of luck. Kevin. I'm confident you'll do it. Several one else brace yourself for Kevin. Thank you for listening. I hope you heard something you can implement in your business right away. Find us online at journey to one hundred million dot com.
Journey to $100 Million