Developing Leaders - My $10 MILLION Passive Income Plan for 2023...
Want help scaling your coaching, consulting, course or agency business to 100k/m+? Book a call here: https://bit.ly/BookaCallSTA
Here's how I plan to make $10,000,000 in passive income in 2023 and that plan is going to be successful by making leaders within my company. People will sell you the idea of generating passive income, but the truth is that it'll take a lot of time, growth, and development as well as having a team of a-players or leaders before you could start and reach true passive income.
This video will break down the entire process on how you can turn your business to run without you and turn your business into an asset that runs itself that produces income independent of your time.
In this video, you'll learn the following:
- Promoting Managers And Leaders Within Your Organization
- How To Find And Train Great Leaders For Your Company
- How To Generate Passive Income In 2023
- How To Build A Business That Runs Without You
- How To Create Passive Income In Your Business
- How To Scale A Business
Timestamps
0:00 Introduction
0:58 Training Coverage
1:13 Overview
1:23 Bringing Up Leaders In-House
2:19 Bringing Up Leaders By Buying
3:31 Step 1 - Acquire
5:25 When Is The Right Time To Offload It?
6:20 Direct Reports
6:46 Step 2 - Transfer
6:50 Volume Knob vs Light Switch
7:40 Transfer as Player Coach
9:08 Giving Responsibilities To Player Coach
13:19 Transfer as Full Time Manager
13:26 Limiting Belief About Full Time Managers
15:02 Compensation Of Full Time Managers
17:48 Responsibilities of Full Time Managers
21:15 Step 3 - Develop
21:25 Qualitative vs Quantitative
21:48 Quantitative Developing
24:00 Qualitative Developing
26:25 Recap
Want to learn how to get into remote closing to create a six figure income? Book here: https://bit.ly/rctraining8
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