Free Business Coaching Fridays with the Financial Health Mentor 12/29/17 - Talking Money in the Morning LIVE! E328
Fridays it's all about you. You've listen to me ramble on about what I want to talk about so as my way of saying thanks for tuning in, I'm going to take your questions live and help you explode your brand. If you have questions feel free to post in the comments below.
Today we had some awesome questions come in from our live YouTube viewers. Remember you can interact with the show live Mon-Fri 7am cst, just subscribe to the channel here, to get notifications and reminders regarding all of our live events. As with the live show before we get to the Q&A let me recap this past weeks shows. Monday was Christmas so we didn't have a show but below find links and summaries from Tue-Thur shows.
Thursday: 12 Principles For Fulfilling Your Personal Vision pt 1 - We kicked off a study of Dr. Myles Munroe's book "The Principles and Power of Vision." What better way to go into 2018 than with a series on vision? We actually only got to one of the 12 principles but we laid the ground work for what vision is, some things that you'll have to overcome and understand about vision and a couple basic definitions of vision. Check out the replay and blog post here!
Wednesday: 7 Keys to Keeping Your New Years Resolution for 2018 - Because we know that everyone is going to set New Year's Resolutions we thought we give some pointers on how to keep them. After all, what good is a plan if you don't know how to execute. As a youth basketball coach I love to see well executed game plans. As a business coach the same is true. Be sure to not only set your resolutions but also develop the plan to execute. Check out the replay and blog here!
Tuesday: 8 Financial Resolutions to Consider for 2018 - The two categories that most people are making resolutions in are health and finance. Since this is Talking Money in the Morning LIVE! we had to give a few recommendations of Financial Resolutions for 2018. Some of these you're familiar with but there are at least two or three that will surprise you. Get your money right in 2018 with some of these resolutions. Check out the replay and blog here!
Free Business Coaching Fridays - Talking Money in the Morning LIVE! E328
Today one of the best questions came form Future Leaders LLC , a non profit organization out of Philadelphia, PA. She talked about getting more requests for job training than what her primary offer is and how to best monetize here expertise in job training.
Basically Monica has a couple options. If she wants to continue to pursue her primary offering and still monetize the job training requests that are flooding in, she can outsource or contract with others to provide that service and take a small commission or referral for making the connection.
Another suggestion for Future Leaders LLC is to create a profit model for the non-profit organization. So many people that run non profit organizations have profit and revenue confused. They think because the non-profit can't show any profits at the end of the year that they can't generate revenue throughout the year. I coach a young lady the runs a non-profit call Young Biz Kidz and all we talk about is creating profit models for the organization. Even though non-profits sometimes service communities with little money, it doesn't mean that the shouldn't have a price tag on the services they offer.
Future Leaders LLC can create a model of what it would cost to train someone for job readiness. Calculate the materials needed, space, instructor and other costs and divide that by the anticipated class size. Now that there is a dollar value assigned to the service the non-profit can not only solicit sponsorship help to cover the costs of low income participants but they can also market to other communities that can afford to pay for the service outright.
Having a dollar amount assigned to the service also puts Future Leaders LLC in the position to contract with other non profit organizations that may have funding to pay for job readiness training but lack the capacity or expertise to provide the service in-house.
Remember if you have questions you can post them below and I'll respond. Don't forget to shout out your brand as well. Until next time, get your money up because you absolutely can do it, more importantly...you deserve it.
H Cortez aka Financial Health Mentor to the Working Class
Dave Ramsay Course