cover of episode 380. How to Build Your Money Machine + The Routines Of An 8-Figure Entrepreneur With James Wedmore

380. How to Build Your Money Machine + The Routines Of An 8-Figure Entrepreneur With James Wedmore

2024/5/23
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Chapters

James Wedmore and Natalie Ellis discuss the challenges entrepreneurs face with control issues, particularly in personal brand businesses. They explore how letting go of control can unbottleneck business growth and allow for delegation and scaling.
  • Control is a major obstacle for entrepreneurs, especially at the seven-figure level.
  • Entrepreneurs often go into business seeking control but end up needing to relinquish it to grow.
  • Delegation and systems are key to unbottlenecking oneself as the face of the business.

Shownotes Transcript

James Wedmore + Natalie Ellis sit down today to talk about what a week in the life of an 8-figure entrepreneur and business owner really looks like. From his weekly 23-minute meeting, the roles he’s hired on his team, the exact numbers + metrics he tracks to how to build a money machine, showing up as your authentic self online, and the importance of “TLC” in your business – this episode is packed with really tangible strategies, tactics, and advice that will help you move the needle in a major way (both in your business + your life)!

 

TIMESTAMPS

00:00 - Coffee Talk + Introduction

01:35 - Control Issues + How It Impacts Your Business

03:50 - Roles In Your Business + Unbottlenecking Yourself

05:31 - Typical Week - BTS of An 8-Figure Entrepreneur + How James Breaks It Down

08:00 - Metrics Manage The Team Member

14:00 - Asking The Right Questions That Lead To The Right Decisions

17:30 - Slow Down To Speed Up

20:45 - Validation + Truly Showing Up To Help Others

22:00 - What Helped James To From $300k to $1.2M + The Biggest Kiss of Death In Business

28:18 - Showing Up Authentically Online

31:04 - Inside Look At The Roles + Org-Chart Behind James’ Multi-8-Figure Company

34:00 - Defining “TLC” In Your Business

37:09 - Getting Traffic Into Your Funnel + Building Your Sales Machine

39:20 - Funnel Math + Increasing Performance

43:30 - Paid Ads + Knowing Your Numbers

45:12 - Releasing Shame + Focusing On The RIGHT Numbers

49:00 - Do You Want To Give What It Takes?

51:00 - There Is A Formula Every Marketer Has + You Can Access It

51:46 - Special Invitation From James + Takeaways

54:50 - Teaser On The “One Gear” James Put Into His Sales Machine That Added $2M Instantly

RESOURCES + LINKS

*Save your seat for James Wedmore’s totally free, 3 day training: Rise of The Digital CEO) at *bossbabe.com/rise)

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