Welcome to this 'helpful' episode of the Wealthy Wednesday Podcast!
In this episode, we are tackling the 'H' of C.R.A.S.H. which stands for 'Help'. That's both the Help you can look for from trusted professionals and your network, and the Help you can offer others.
Partial Transcript:
This week we're talking about H which stands for Help. And by help I mean help for you through building a terrific network, and by you helping others. I'm going to dive pretty deep with this because it works in any economic situation, not just in a recession or downturn, to help you thrive, but only when you have partners around about you that share your own core values, which are crucial in any environment. So when you have these people, they will bring you the best client referrals and opportunities.
What do I mean by help? Literally, having an inner circle of trusted suppliers and partners who can help you through tough times is essential. The key to this step, however, is deep diving into how you can help other people when times get tough as well. What products or services can you create and deliver that would help others survive the crash? So think about this carefully.
Whether you're a plumber, whether you're an accountant, whether you're a lawyer, whether you're, whatever, it doesn't matter. What can you do to help others so that others tell people to come to you to solve that same problem? It's just going to create a wonderful, wonderful array of cash coming into your business.
If you can answer this question, you can position yourself in a way that will help you keep the cash coming in. More importantly, it further cements your status as an influential and highly regarded authority in your field.
...........Next, got to think about banks and finance providers. But what I want you to think here is you need personal relationships with anyone in the money lending business because there is a huge amount of greed where money does weird things to people's brains and the thought of a commission check is on their radar. Now, banks are sometimes incredibly difficult to deal with. They tend to give you an umbrella when it's sunny and take it away when it's raining. there's often too much corporate approval required. However, it's important to develop a relationship with these organizations if you have aspirations of growing a seven, eight or nine figure business. Now, with finance providers, there's also a huge array of different finance options available specific to whatever your requirements are. I mean, it's unbelievable what kind of finance is actually out there. And there's often huge flexibility for your business, which is brilliant. However, the key here is to make sure that the person you deal with actually has been in the industry for a decent period of time, has great experience and an excellent track record. Because again, there are too many sharks in the finance sector, who will willingly take advantage of you for a paycheck.
Please leave us a review, and as always, get in touch on Dave@theprofitchampions.com
