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Inside Strategic Coach - Special Episode

Jul 3, 2024

Inside Strategic Coach - Special Episode

Introduction

  • Host: Dan Sullivan
  • Guests: Nick and Ari
  • Topic: Discussing their business and its evolution

Business Background

  • Original Concept: Less Doing

    • Focused on productivity
    • Aimed at making individuals more effective through frameworks like optimize, automate, outsource
    • Backpack from Ari's personal productivity struggles due to illness
  • Rebranding to Leverage:

    • Focus on providing leverage over time, money, resources
    • More encompassing offering
    • Global business facilitated by digital means

Services Offered

  • Virtual assistant services but with expanded capabilities
    • Capabilities include:
      • Scheduling, travel booking
      • Website building, app development
      • Copywriting, sales funnels, Facebook ads
      • Podcast production, more
  • Company growth:
    • Grew from 2 to 110 employees in 16 time zones
    • Over 1000 hours a week for members
    • 15% monthly growth

Strategic Coach's Perspective on Freedom

  • Freedom From vs. Freedom To:
    • Entrepreneurs start with desire for freedom from external control
    • Few transition to freedom to achieve bigger future goals
    • Leverage helps entrepreneurs focus on growth by removing bottlenecks

Not Just Virtual Assistants

  • Goal is not just to outsource but to also:
    • Optimize and automate tasks where possible
    • Provide specialized skills
  • Communication and Project Management:
    • Biggest issues seen in client companies
    • Need for asynchronous communication

Real-life Examples and Philosophy

  • Case study of client service provision
    • Initial interaction involves identifying obstacles
    • Optimize -> Automate -> Outsource
  • Philosophy:
    • Teaching clients to be better problem identifiers and delegators

Upcoming Developments

  • New project management software
    • Free to use for clients
    • Virtual assistants integrated
    • Prioritization and asynchronous communication
  • Natural language processing project
    • Identifying sentiment in tasks
    • Pointing towards potential issues
    • Optimizing task allocation using algorithms

Partnership Background

  • Ari: Overcame illness, developed productivity systems, global seminars
  • Nick: Financial engineering background, high-frequency trading, transition to entrepreneurial ventures
  • Partnership formed through shared interests in productivity and complementary skills

Handling Exceptional Requests

  • Only one refusal due to legal issues
  • Generally able to meet or exceed client needs
  • Use of extensive personal networks and proactive skillset expansion

Subscription Model and Pricing

  • Membership: $199/month
    • Includes 5 initial hours + 1 hour per month
    • Unlimited strategy calls
    • Weekly webinars
    • Extra 3 hours for Strategic Coach clients
  • Hourly rates: $40/hour, billed by the second

Strategic Perspective

  • Emphasis on removing entrepreneur bottlenecks
  • Transformation vs. status motivation in successful entrepreneurs
  • Future plans include expanding and enhancing service offerings and tools continuously