Profit For Coaches
Less is More - Michael Yeung
Michael Yeung is a productivity expert and business coach. As the founder and owner of Elite Performance Ltd, Michael is on a mission to help entrepreneurs maximize profit, freedom, and fulfillment by revolutionizing how they invest their time. He has helped clients from 14 different countries and countless industries to achieve breakthroughs in their businesses and create more time for themselves. In addition to being a business coach, Michael is a veterinary surgeon—he earned his Bachelor of Veterinary Medicine from the Royal Veterinary College, University of London.
Michael joins me today to discuss how coaches can achieve more for less of their time. He describes the pandemic of lifestyle entrepreneurs burning out. He explains why it’s important to understand the alignment between priorities and schedules and reveals how to avoid hustling in the wrong direction. He elaborates on why self-awareness, external perspectives, and journaling can help coaches leverage time for productivity. Michael also shares his best practices for delegating and outsourcing and outlines the three pillars of scaling impact, influence, and income while scaling down your work hours.
“Simplify your business in a way that introduces scalability and takes away complexity.” - Michael Yeung
This week on Profit for Coaches:
● Managing your time the way you manage your cash flow
● Increasing your business’s revenue without increasing the time you work on it
● Why you shouldn’t wait for your coaching business to scale before setting boundaries
● Shiny object syndrome and what causes unpredictable revenue
● The FREE profitable practice scorecard!
Our Favorite Quotes:
● “We have to be creative with how we allocate our time for maximum leverage and returns on time invested.” - Michael Yeung
● “When your foundations are established, multiply what’s working. Don’t add on new funnels, shiny objects, or complexities until you have fully leveraged the opportunities that overlie your business.” - Michael Yeung
● “As you scale up, your responsibilities and workload will increase. If you don’t set boundaries now, your priorities will keep getting crossed out.” - Michael Yeung
Connect with Michael Yeung:
● Elite Performers Ltd on LinkedIn
● Productivity & Performance Facebook Group
● Email: michael@michaelyeung.net
Helping Coaches Increase Profits
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