Richelle Shaw

The Million Dollar Equation Show

The Official Podcast of Richelle Shaw

The Three Ways to Grow Your Business: A Guide to Increasing Revenue

Are you an entrepreneur who loves coming up with business ideas but struggles with implementation? Then this episode is perfect for you! We’ll discuss how implementation is the key to success and offer tips on getting things done quicker and assessing what needs to be done. I also cover the three ways to grow your

Show Notes

Richelle Shaw, the host of Million Dollar Equation Podcast shared her insight on implementation and building your million dollar goal. This episode is perfect for any entrepreneur ready to learn! We’ll discuss how implementation is the key to success and offer tips on getting things done quicker and assessing what needs to be done. She also covers the three ways to grow your business, which are acquiring new customers, increasing transaction size, and getting customers to come back more often. So if you want to take your business to the next level, listen up!

In conversations with new clients, Richelle reminds them of two things that can change their cash flow dramatically. These changes are, improving the customer experience and ensuring that they respond promptly to customers. The worst thing a business can do is only show up to collect payment and Richelle’s clients must master these things before considering marketing tactics or strategy. She also emphasizes that no one can sell you better than you, and she discourages outsourcing creative work. She suggests starting with the fastest way to make money, implementing section three, then moving on to sections two and one. Section one focuses on nurturing leads by creating a lead magnet to get people to express interest in the business. Tune in and Don’t miss out on this episode.

Other subjects we covered on the show:

  • The Million Dollar Equation is a checklist of the nine systems you need to build a million-dollar business.
  • The last section to work on is after the person gives you money, where you want to get them talking about you, referring you, giving you testimonials and saying lovely things about you.
  • You need to have follow-up in all three categories: before they meet you, while they’re paying you, and after they’ve purchased from you.
  • Before looking for marketing tactics or strategy, you need to fix what’s not working.

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Learn how Richelle takes companies from 6-Figures to 7-Figures like clockwork. Follow her proven methods for breaking that million dollar barrier in your business.