A Checklist for Profitable Business Growth
By Nina Kaufman, Esq.
Listen to the Episode Below:
Podcast: Play in new window | Download
Do you ever feel like you’re just “playing” business? Like you’re running through the motions of business ownership without actually achieving success? Do you even know what success looks like for you or your business? If not, that’s risky, and it can be a big mistake when it comes to growing, scaling, and inevitably owning a successful business.
My guest today, Matt Inglot, the owner and creator of Freelance Transformation, has spent a decade transforming businesses for himself and other business owners with effective and fiscally sound systems. Listen in as Matt owns up to the mistakes he made, with wonderful and honest insight about growth, client pools, and how to admit to–and learn from–the common small business pitfalls we’ve all fallen victim to at least once. Or twice.
Episode Highlights:
- The problem with “playing business”—and the appearances of success, instead of profitability and lifestyle
- Matt’s “aha” moment upon crashing—and the decisions he made upon rebuilding
- The three new elements in his business model (better clients, variable cost model, specifications and processes)
- Matt’s checklist for “what’s a profitable client?”
- How creating a business that’s not dependent on you gives you freedom for other pursuits
Matt Inglot is the creator of FreelanceTransformation.com where he helps fellow consultants and creative services providers to earn more and to build their consulting business around their lifestyle.
Matt’s expertise comes from running a web agency for 10 years which he transformed from a traditional bricks and mortar office and 80 hour work week, to significantly less work and far greater profitability. From that experience Matt has realized that most freelancers and consultants make life far more difficult for themselves than it needs to be.
Favorite Quote:
- “Reality is negotiable.” – Tim Ferriss
Interview Links:
Be sure to review us on iTunes!
Have questions about working with Kaufman Business Law? This is the video to watch.
