Showing posts with label Michael Gerber. Show all posts
Showing posts with label Michael Gerber. Show all posts

Saturday, April 29, 2023

What's the smartest move so far you've done for your business? by Kyle Phoenix


I'd kept general records, spreadsheets of sales, I knew my analytics from social media, I tracked posts, produced a newsletter per Dan Kennedys advice then I picked up Gerber and then bought E-Myth Revisited. I started the process in 11/2016.

I had a broad strategic planning document that I was dropping info into, I also had notebooks evolving ideas, journal thoughts, weighing options.

Then I got serious. Its like night and day now that I've followed the process. I now have delineated divisions, titles and categories. I thought I was creating in a natural progressive line, like a train. But now I have an info graphic of Star Trek shuttles, runabouts, starships, space stations and planetary systems. It seems odd but I now able to label say my blog is a space station. Stationary but a connective link to other things, where one comes for more detail about lesser sizes.

An " /answer/post " is a shuttle; an article, special report, video, brief a runabout; a book a full starship.

Silly I know. But then I breakdown into planets around marketing, finance, sales, management, development, etc..

So I know today I'm just dealing with planet Marketing, it might overlap to other worlds but a binder is just about Marketing and all of its fleet/mini systems.

There are now designated binders, which will probably end up banker boxes by divisions. I know have a concrete employee plan and manual. I had to design a sales manual which epitomized my company policy, describing the validity of sales products, a selling process, a clear straight, commission compensation state for sales people, margin breakdowns for companies, consignment breakdowns for brick and mortar stores.

It has also freed me up to delineate what was a new product, an ancillary service, a new product line. One of my big challenges has been monetization of my tv shows beyond first run broadcast, essentially how does one sell into syndication. 2015 I thought Vessel was the answer, a pay service for creator owned content. Two problems: All of my numbers of viewers are in tv world, 500,000 a week, Vessel wanted page hits measurements. Apples vs grapes. Secondly Vessel was acquired by Verizon because it couldn't maintain its platform model. So now I've got millions in a back end library catalogue to shop around again in an attempt to recoup the outlay costs. Close to 400 episodes but there are tv copyright issues with half of them.

E-Myth taught me how to solve a problem uniquely by being able to see, two planets can share their resources and channels of distribution. When everything was crowded on one big clunky ship I didn't have the room and the resources it gives to infuse one with the strengths of the other.

I can also now see there are a multitude of places that I'm getting money from that with a Dan Kennedy marketing tweak I've turned into a waterfall from a spigot. Without separation, definition and reformation I would still be plodding along. Ironically I stopped a lot of new production to streamline and now my capacity to produce and network has massively increased.

I'm still in progress, a yearly marketing campaign starting but I now have clear visionary mappings until 2025 and its like there are Managers and Technicians building in space around the clock. The planetary system covers a vast amount of space but I'm networked throughout and I can see further expansion to other systems as we divert resources in micro proportions to intergalactic colonies of new product lines. In many ways I think small businesses resist the structure of McDonald's, the systems, without looking at the benefits of such directed systems.


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#TheKylePhoenix


Sunday, October 28, 2018

Has anyone used E-Myth principles to improve their existing business or as a way of starting up a new business? Answered by Kyle Phoenix



The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It





















Kyle Phoenix
Kyle Phoenix, Enjoying small biz success since I was six years old.



Luckily in my videos, pb and eBook sales and affiliate profits I am able to print out detailed spreadsheets so I can see that originally where I fantasized about one or two hit products in doing well with a wide catalog. Critically I've started to see things in a twenty to thirty year time frame. I've also balled in Guy Kawasaki on social media development,which both updates and informs the E Myth, there's also a great 28 page e retail post here on how to look at your systems on and offline. I've had to start plotting more distribution channels, Dan Kennedy got me to create a newsletter and a reforming of how I use videos in multiple iterations.
I had very detailed Visionary goals but thought that was too fanciful so I did a lot of Technician work---writing, producing, layouts, tech online work. I was also steeped in Management systems of trying to streamline.The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It
I've been do E Myth for 6 months now. I combined the Systems template with a Strategic Planning template that I use in consulting and have been carrying it around answering all of the questions. There are a thousand big and small things that I haven't considered that this is helping me pin down.The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It

I'm using it now. Funneling about six years of business through the various systems. Initially it stops you in your tracks because it forces you to literally put all of your marbles into individual"boxes". I had to deeply evaluate what I was doing.
Now I have project binders by SKU and a production and marketing planning template plus time frame charting built so I can immediately see what's working and how to help it. I use Constant contact and Sendlane better because I think of them now as part of marketing. By giving direct divisions to tools I can now control products better.
Right now I can see that a year of sieving my business through this will alter and enhance it. It's worth the time investment because I was going towards burnout un-mammoth Technicians production but not strategic Visionary production. It's like it gets you to break down your apple pie and then project to it being delivered to a hundred restaurants and supermarkets and then systematically makes you backward design to answer where you're going to get pie trays from. That specificity then catapults you to producing in grosses of a thousand at a time.



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Smile, Kyle
KylePhoenixShow@Gmail.com
#KylePhoenix
Kyle Phoenix Answers



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Saturday, August 11, 2018

Liberation List (book) by Kyle Phoenix: E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael Gerber

E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael Gerber


In this first new and totally revised edition of the 150,000-copy underground bestseller, The E-Myth, Michael Gerber dispels the myths surrounding starting your own business and shows how commonplace assumptions can get in the way of running a business. He walks you through the steps in the life of a business from entrepreneurial infancy, through adolescent growing pains, to the mature entrepreneurial perspective, the guiding light of all businesses that succeed. He then shows how to apply the lessons of franchising to any business whether or not it is a franchise. Finally, Gerber draws the vital, often overlooked distinction between working on your business and working in your business. After you have read The E-Myth Revisited, you will truly be able to grow your business in a predictable and productive way.



Smile, Kyle
KylePhoenixShow@Gmail.com




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Monday, June 25, 2018

Kyle Phoenix Answers: Who has read E-Myth Revisited and what impact did it have on your business?

I combined the 6-7 Systems with a Strategic Planning document I use in consulting.
That helped me to parse out a 9 Step Production Plan for books, videos, tv show, etc individually. I can now look and see where a project is, before that everything was warring to be in the forefront.
Next it forced me to codify and explore marketing, I'd thought of some things, looked at others but now I break them down better. I've mapped out an expo presentation with signs, staffing, materials, etc so next month all I have to do is see/measure the space and then I'll be ready with reusable materials ---Marcus Lemonis, The Profitepisodes really helped with this too. I understood expos of course but id never planned a large scale booth before.
Detailed financials. There are at least 8 streams of income into my company so I've backtracked them and printed them all out. Digital Excel files are easy to close and ignore. With pencil and highlighter I look at trends. I ask deeper questions. Not what sold but I've kept a general running business journal and various monthly calendars for severs years now so I can see why Book #18 suddenly sold 30% more copies in a certain month/year range.
I've done a lot of traveling in the past five years so I can also say oh that was when I was mostly in the house focused on social media or that was when I poured more time into blog posts. I can then isolate if I can repeat or incorporate or enhance to some other marketing effect.
E Myth asked me such specific information questions that I now have multiple data sets to answer with, and I'm still not finished with the overall evaluation and reformation.

Demographic and Psychographic information is big and both easy for some tracking and near impossible from others. Google and Facebook give best info. Amazon gives locations info. Constant Contact gives specific reactions and Sendlane does the same but it allows landing webpage creation to collect info. Cc you can create surveys. EBay, not much. But balled together I get a broad spectrum of info that tells me a full story. I've done many Cc campaigns because I have a lot of content to send out. But now I'm conscious of Marketing campaigns in a deeper way.
The difference is I would send out an email, an ad, a blog, a newsletter to my list of about 10,000. The response back is layered---downloads, page hits, sales, followers. But the evidence of the wave takes 2-3 months. I used to fret more at 1 month but now I plan campaigns sometimes 18 months out. So say Blog Number # 706 will hit as email, post to Facebook in a cascade. The Facebook promos post might space out to # 706 posts, three times a week for three months, then twice a week for three months, then once a week for a year.

I used to be afraid of oversaturated posting but it takes 9 plus postings to get attention. Partially the week of my cable show is advertising me.
I now post links to the cable internet live stream feed of the show and embed it into my whole network -----I'm toying with launching a more robust network by daisy chaining multiple affiliates and live streams. The problem is one, networking takes time; two, I'm forced to content edit some of other peoples sexuality based products and productions.
Essentially in a nutshell do I go dildos and actual links to X rated materials or not and how do I justify and secure such additions?
Eventually I'll be able to align posting, TV show, topics and blogs from past to present but right now I'm constricted by production lead time---4 episodes of the TV show.
Gerber teaches a lot about integration which I've been working on for years now. I'm at a good point for a systematic overhaul from EMyth now because I see my business differently or what it really is.
I used to think i essentially sold books, videos, etc. Now I recognize I'm managing an informational network and creating varied content print, video, digital. I thought it was a train of separate cars, but it's really a web, like a spider web of systems that must integrate reasonably seamlessly. That sounds easy. It's like cleaning up my room but with the intent of efficiently getting out the door in fifteen minutes every day, at any hour.

Gerber has a particular exercise where you stop and re-plan your whole operation with what you know now to make a new company. Sounds easy but there are still a whole range of tasks within tasks to do.

The E Myth Mastery
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Smile, Kyle
KylePhoenixShow@Gmail.com




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Or Click Below to:
·                     Kyle Phoenix Website
·                     The Kyle Phoenix Blog
·                     Check out Kyle Phoenix Products on Amazon .com

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