Your Greatest Opportunity Cost As An Entrepreneur Is This…
As many of you probably know I used to be an educator. It’s been almost six years since my business exploded allowing both my wife and I to leave our jobs.
Since leaving my job, I’ve had the opportunity to mentor thousands of incredible people who have decided to go for it—to really play big. They’ve made the decision to work with our company since they understand that the skill sets of making it in business and teaching it are completely separate. (It’s in fact an important distinction of what sets our coaching company apart from most others as we are successful entrepreneurs and we know how to teach others to do the same.)
It is crucial that you understand this two-fold criteria if you want to move away from price-based competition.
This leads to a principle I want to share about fast creating content in a strategic manner where you never have to compete on price again.
There are two goals that I have for my clients in the area of teaching: 
1. How to objectively evaluate their value and then translate this into Intellectual Property; and
2. How to properly teach what they know in a strategic manner that immediately commands the attention of their ideal clients.
In order to create content in such a manner, here is a business coaching “Speed To Market” principle I want to share with you right now: “Engineering a business isn’t about perfect solutions; it’s about doing the best you can with limited resources.”
I could share many thoughts about this principle, but here is one important concept I want to leave with you as an entrepreneur. Your resources can be magnified if you have a system that objectively is able to value what you have discovered through the ‘School Of Hard Knocks’—ie the experiences that you have gone through in life. Everywhere I travel I find entrepreneurs who simply do not know how to objectively evaluate their value and transform this into Intellectual Property.
The key is to employ a system. One of the principles I teach is to show entrepreneurs a concept called Asset Bundling™. This system allows people like you to magnify your value from the stand point that what you bring to the market place is perfectly matched to your ideal clients’ wants.
As I share with entrepreneurs globally including right now from several cities in Australia—the greatest opportunity cost that entrepreneurs have today is to fail to transform their value objectively into Intellectual Property. This is one of the secrets to creating and selling the most expensive programs and services in your niche.
To Creating And Selling High Priced Programs!
Glenn
P.S.
Live From Downtown Brisbane, Australia After Spending 32 Hours On Planes…
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November 13th, 2009 at 4:28 pm
You always hit home with your message. Your knowledge, and your system for bringing out this Value proposition is certainly a science that you’ve perfected.
Each time I hear you and your message I think to myself… “Yes!”
M Accelerator for Success using the Dream Bar Cafe Principles provided HIGH Value… however, that’s not enough. It’s creating the offer and being able to translate that to my market that is crucial.
Love your work! Going going with a passion my friend!
~Bill
November 15th, 2009 at 9:02 pm
Bill…you are correct. We have mastered positioning and messaging. Without this everything else is irrelevant.
You are either own your own category and dominate or you don’t. This is a fundamental principle of business in the Recommendation Age.
Thanks, Bill.
From Ozzie Land…
Glenn