Latest / Chatting with The Experts with Paula Okonneh / Stop Leaving Money on the Table
Transcript
- 0:00Hello, and welcome to another episode of Chatting With The Experts where I
- 0:04speak with phenomenal women from Africa, from the Caribbean, and in the diaspora.
- 0:09Today's episode I'll have an amazing woman, as usual, and
- 0:15our title is Unlocking Profits That Are Sitting on the Table.
- 0:19And my guest says, "Did you know that you could double your profit
- 0:23without spending on marketing?"
- 0:27She is dedicated to empowering business owners to achieve exceptional
- 0:33results, and her mission is simple: she helps you generate more clients,
- 0:39close more sales, and significantly increase your revenue and profits
- 0:45efficiently and cost-effectively.
- 0:49And with that, I am going to invite Avenice Thompson
- 0:56to Chatting With The Experts.
- 0:59Welcome.
- 1:00Thank you.
- 1:01Thank you.
- 1:02I'm delighted to be here, Paula.
- 1:05thanks.
- 1:05I deliberately did not expand on your very impressive bio because I want
- 1:11you to talk about that, because I know you have an expertise in profit
- 1:15acceleration and growth strategies, and you said you will talk about mindset
- 1:21over money and so many other things.
- 1:23So let's begin.
- 1:24Yes.
- 1:25What do you say that there are some common mistakes that business owners make?
- 1:29Yeah, certainly.
- 1:30I wanna start by first saying during my corporate world I had interaction
- 1:37with several small vendors, and that is what really prompted me to do what
- 1:44I'm doing, because I saw the gaps.
- 1:47Many of them were leaving money on the table.
- 1:52they would submit their invoices, for example, and I would look at
- 1:55the invoice and say, "They can't be making money from this service-
- 2:00… because it's crazy in terms of the pricing," right? They were underpricing
- 2:05themselves in some regard. And in other situations you would realize, this is, two
- 2:12months and I haven't received an invoice".
- 2:15So you know they're having problems managing their cashflow.
- 2:19And I remember one day I saw one small business owner.
- 2:26On the side of the road, his car was broken down, but I knew that weeks ago
- 2:32I was going through my statistics and realized I had paid him $1.2 million.
- 2:39No.
- 2:40I'm telling you.
- 2:43No.
- 2:43So I stopped and I said, "What's going on?"
- 2:46"Oh, my car's broken down." And I said to him, "Why do you have a broken car
- 2:52when I just paid you $1.2 million?" He's "You did what?" I kid you not.
- 2:59He was shocked.
- 3:01At that point, it proved to me he wasn't managing his funds
- 3:07Could you imagine me paying you $1.2 million?
- 3:10You can see I'm speechless.
- 3:12Exactly, and I was too, right?
- 3:14But he was even more speechless than both of us put together because
- 3:18he clearly- … didn't realize how much money he was making.
- 3:21Okay.
- 3:22And I said to him, "Let's talk." So we spoke.
- 3:27I saw him maybe about three months ago, and I said, "How is
- 3:32business going?" "Good, man, good."
- 3:37And I have some goose pimples just thinking about it because I know his
- 3:42business is going good because of the strategies I shared with him.
- 3:46And so that is what prompted me.
- 3:48Now, he had money leaving on the table.
- 3:51He wasn't managing his cashflow, and that's a common mistake
- 3:54that many businesses make.
- 3:56They don't manage their cashflow.
- 3:58They have invoices outstanding.
- 4:01They don't put the systems in place to make sure that when the money,
- 4:06when the service has been offered or the good has been sold, then the
- 4:10payment does not coming on time.
- 4:14And so that then prevents them from growing.
- 4:20Sometimes it's because of the amount of financial expenses, their
- 4:24interest rates, all of that happens when you don't manage your cashflow.
- 4:31A lot of them are doing that.
- 4:34So that's why I started doing what I'm doing now.
- 4:39Awesome.
- 4:40So are you using some software for that?
- 4:43Because, you may know, some people may know that they are, leaving
- 4:47money on the table, but they still don't understand what they can do.
- 4:51They need a tool, they need some understanding.
- 4:54Is there a software that you help them with?
- 4:56So there's a proprietary software-… that assists me
- 5:00… to a certain extent.
- 5:02Okay.
- 5:02to the extent to which I can actually do that proper assessment
- 5:06of their current business,
- 5:08… benchmark it against the industry standard.
- 5:11If you're a painter, if you're a builder, we can see, okay, fine, your current
- 5:17profit margin is 40%, but the industry standard is 60, just drawing a reference.
- 5:24So at that point in time, I have benchmarked the industry, where you
- 5:29are versus the industry standard, and then we can determine, okay, you're
- 5:34at 40, we need to get you in line to where the industry standard sits.
- 5:41And that's the extent to which the software is.
- 5:43It also provides us the opportunity to visualize the expected goal.
- 5:51What can we do in the next 90 days?
- 5:54What can we do in the next 100 days based on the gaps we've
- 5:58established in your business?
- 6:01So it's called a profit acceleration tool, and so it allows me to
- 6:06visualize but also benchmark.
- 6:09Love it.
- 6:10Love it.
- 6:11So there's something I think offline, because you and I have
- 6:14spoken of course before we did this.
- 6:16Yes.
- 6:17And it's mindset over money.
- 6:20A lot of us come into or go into business thinking, we have to make money, or
- 6:25we have come from a background where you say money doesn't grow on trees,
- 6:28Yes.
- 6:29And so
- 6:31Yes
- 6:31… we can come into business with that, and that in itself can
- 6:34be a stumbling block, right?
- 6:36For sure.
- 6:37For sure.
- 6:37And many of us are afraid of being successful, and we don't know it.
- 6:41Yes.
- 6:41Yes, definitely.
- 6:42Um, I grew up, you know, in humble surroundings, but because of my mindset,
- 6:42I have learnt to embrace, and I'm also a
- 6:52child of God.
- 6:53Amen.
- 6:53And I know definitely… Oh, great.
- 6:56And I know definitely that if God was supposed to put
- 7:00additional funds in my way-
- 7:02… I would be able to use it to build his kingdom.
- 7:06Amen to that again.
- 7:07So in my mind, there's absolutely no fear for more money.
- 7:13None.
- 7:14None whatsoever.
- 7:15Because I know everything I do is aligned with God's kingdom, and so everything that
- 7:21happens to me is what God wants for me.
- 7:25And so even if persons are not aligned in my faith, there is a higher being, yes?
- 7:33And we don't control ourselves.
- 7:35We think we do, but we don't.
- 7:37Okay.
- 7:37And so we have to condition our minds to say, "Listen, I will embrace what's in
- 7:43store for me." Because once I get it, I will use it to empower and help others.
- 7:53Yes.
- 7:54Take that mindset, and you would see things happen.
- 7:57Yeah.
- 7:58You would see things happen, and sometimes we have to speak
- 8:01it and just make it happen.
- 8:05One of the formulas I have created and I've told myself, and each time
- 8:09I'm interacting with a business owner as a client or otherwise, I share
- 8:14this with them because this is what I believe is a true formula for success.
- 8:20I say 2 M, 2 meaning mindset and movement.
- 8:26You have to take action.
- 8:27You can have all the mindset, but unless you take action… So it's
- 8:312 M plus 3 C. Yes, what is 3 C?
- 8:36I'm writing it down, 2 M and-
- 8:38Go
- 8:38ahead
- 8:38and write it down … M,
- 8:39okay.
- 8:402 M-
- 8:40And 3 C
- 8:41… plus 3 C-
- 8:42… equals success.
- 8:45Okay.
- 8:46And that's what I use, and the three Cs, you must be
- 8:50competent at what you're doing.
- 8:53Competent.
- 8:53You must exude confidence.
- 8:57And you must be committed.
- 9:00Important.
- 9:02Important.
- 9:03Everything else will flow.
- 9:05If you're committed, then you're gonna be consistent, you're gonna
- 9:08be… you're gonna be diligent, you're gonna be all of that.
- 9:11So that's my formula for success, and I believe as business owners,
- 9:17the difference between those persons who succeed and those who don't a
- 9:21lot of times starts with mindset.
- 9:26Mindset.
- 9:27It can be a very lonely world, you know that.
- 9:30Yeah.
- 9:30It can be very lonely when you're an entrepreneur.
- 9:34But if you have the mindset that I'm going to put myself in the right room and
- 9:38meet the right persons, if you have the right mindset that, listen, it's not as
- 9:45lonely as it feels, I am actually the one who's making it lonely, I have to shift
- 9:55my gear, take action, and move forward, you'd realize you make a big difference.
- 10:02loving it.
- 10:03But something I didn't get, I got the Cs, but what are the Ms for?
- 10:07Mindset is?
- 10:07Mindset-
- 10:08Mindset and movement
- 10:09… mindset and movement, okay.
- 10:12Movement.
- 10:13All right, let me say this now.
- 10:15So two Ms, so mindset plus movement, plus three Cs, competent, confidence,
- 10:23and commitment give you success.
- 10:28I love it, Avenice.
- 10:30This is a great formula.
- 10:31Who made that up?
- 10:32Who came up with it?
- 10:33I did.
- 10:34With the help of God.
- 10:35With the help, of course.
- 10:38All right.
- 10:39I love that.
- 10:41I love that.
- 10:41I love it.
- 10:42Okay.
- 10:44So now I know you talked about how business, we started off by saying
- 10:48businesses are leaving money on the table.
- 10:50Yes.
- 10:51And that example of the man who had $1.2 million.
- 10:54I'm telling you.
- 10:55Oh, Lord.
- 10:56How won't you know when $1.2 million hits your account, except you're not looking
- 11:01at it, you're not managing it yourself?
- 11:03Exactly.
- 11:04Exactly.
- 11:05Exactly.
- 11:06Exactly.
- 11:07But I know you mentioned that businesses can grow without
- 11:11spending tons on marketing.
- 11:13Yes.
- 11:13Let's talk about that.
- 11:14Yes, for sure.
- 11:16and in my wheelhouse, there are like 40 different strategies.
- 11:19Okay.
- 11:20Yes, it sounds a lot, but that just tells you that there are so
- 11:24many gaps that we can plug, right?
- 11:26There are like 40 different strategies, but I like to go
- 11:29after the low-hanging fruits.
- 11:31Love
- 11:31that.
- 11:31And some of the low-hanging fruits I really wanna drop today because I
- 11:34want your listeners to get some value.
- 11:37And at the end of this podcast, when they walk away, I want them to just go and
- 11:41just make these small changes and watch what happens without spending anything.
- 11:48Look at their cost of goods sold.
- 11:51Just reduce your cost by 5%, just a measly 5%.
- 11:585% is really child's play, and so that's not too much to ask.
- 12:02Look at your cost of goods sold by 5%.
- 12:07Look at your overheads.
- 12:11Sometimes we have a lot of expenses that we don't pay attention to, but
- 12:14make a deliberate and intentional effort to look at your costs.
- 12:20Try and reduce that by just 5%.
- 12:23Those are two areas, the cost of goods sold, 5%, you reduce that by 5%, but
- 12:30you also reduce your overhead by 5%, and then increase your revenue by another 5%.
- 12:40I call that, I like formulas, right?
- 12:42Because they're easy to remember.
- 12:44I call that the three 5s formula.
- 12:47The three 5s.
- 12:47Because it's making small changes in these three areas
- 12:52that can make a huge difference.
- 12:55Now, if they were to do that, I guarantee they'd find at least
- 13:0025% increase in their profit.
- 13:04I'm not saying revenue, I'm saying profit.
- 13:07And that's clearly the big difference.
- 13:08Because all my strategies are geared towards profit.
- 13:11As we say, revenue feeds your ego, but profit feeds your family.
- 13:16I like that.
- 13:17We want to feed your family.
- 13:18That's what we wanna do.
- 13:20So just make those, for all the listeners out there, go right ahead, look in your
- 13:25business, reduce your cost of goods sold by 5%, reduce your overheads by
- 13:325%, and increase your revenue by 5%.
- 13:36You may ask, how can I increase my revenue by 5%?
- 13:41Here is one strategy.
- 13:43Look at all the clients you've ever had from the minute you
- 13:47started your business until now.
- 13:49Look at all of them.
- 13:51Go back and reach out to 20 of them.
- 13:55Just 20.
- 13:58Just 20, because I guarantee you that they're not all
- 14:01still doing business with you.
- 14:04We have that funnel that's just there filled with leads, filled with customers,
- 14:10but we have not been touching them.
- 14:13Go back, reach out to 20 of them.
- 14:17Ask them some engaging question.
- 14:21Whatever your business is, give them an offer.
- 14:23Make them an offer.
- 14:25Invite them to do business with you again.
- 14:28Send them one of your promotional items and look at things turn around.
- 14:33You'd realize there must be a few of them that will come and say, "Ah-
- 14:42I didn't even remember Paula had that.
- 14:45That's good.
- 14:46They'll take action.
- 14:48A lot of times we're not top of mind of our clients because we're, we
- 14:53get them as a client and that's it.
- 14:56Our goal should be to extend what we call the C- V- L the Customer Value Lifespan.
- 15:06We should aim to do that so they continue to do business with us
- 15:11longer than they currently do.
- 15:14That costs us nothing.
- 15:16It costs us nothing to go in your inbox and look at those clients, or in
- 15:22your CRM, and see your list of clients that have not done business with
- 15:27you for a while and re-engage them.
- 15:30Costs you nothing at all, but it can bring a lot of profit.
- 15:36So true.
- 15:38So that's part of the low-hanging fruit.
- 15:39They're already there.
- 15:41They're already in your contact.
- 15:43Exactly.
- 15:44Already there.
- 15:45Already there.
- 15:46Already in your contact
- 15:50That's a good one.
- 15:51That's a good one.
- 15:52Okay, you said there were 40, so you've given us one strategy.
- 15:55Can you give us, two more?
- 15:57Sure.
- 15:57Show me two out of the 40, three out of the 40.
- 15:59Sure.
- 16:01Let's look at cutting costs.
- 16:03That's a big one because oftentimes we've signed up for a lot of,
- 16:09especially now that AI has all these, I call them shiny tools.
- 16:14We sign up for this and we sign up for that, and we have this ongoing
- 16:20subscription that we don't even use.
- 16:23so easy.
- 16:24Make that deliberate effort.
- 16:25It could be a subscription to a magazine.
- 16:28It could be a subscription to even an association that you thought
- 16:32you would have been attending or being a part of that you've
- 16:35never really taken advantage of.
- 16:38Look at those costs.
- 16:40Eliminate them totally.
- 16:43And once you do that goes straight to the bottom line, so that's
- 16:47money right in your pocket.
- 16:50When was the last time you actually negotiated your rent
- 16:54for your property where you live?
- 16:57Sign a five-year lease and negotiate a rent.
- 17:02"I guarantee you my rent for the next five years. Things are getting
- 17:07tougher, but I want to stay in this location. How about you giving me a
- 17:1210% break if I sign a five-year lease and I commit to remaining here?"
- 17:18Now, you know you want to be there, right?
- 17:20That's a good one.
- 17:22That, again, sends right to the bottom line.
- 17:27Now, the other one I really, which is my favorite of all the strategies.
- 17:31Why is it the favorite?
- 17:34Because it's one that people take for granted, and it excites me whenever I
- 17:38get the opportunity to work with a client to implement it, and it's called your
- 17:44market dominating position, your MDP.
- 17:50What is that?
- 17:52I'm going to use the example of an accountant.
- 17:58You're an accountant.
- 18:00There are several other accountants all over the place.
- 18:04Ask yourself the question, why should they come to me?
- 18:10What makes me different?
- 18:13A lot of businesses, they get into business, and they just
- 18:17duplicate what's already there.
- 18:19They don't aspire to differentiate themselves.
- 18:24And working with clients, you'd realize it is what differentiates
- 18:28you that helps you to grow.
- 18:32That makes you stand out.
- 18:35So even though you are an accountant, you can be an accountant that's offering
- 18:42an accountant plus other services, an accountant with a difference, right?
- 18:48You can be a painter.
- 18:50You could be a landscaper.
- 18:52You could be a roofer.
- 18:55I remember speaking to a roofer a couple weeks ago actually, and he was,
- 18:59"Well, I just fix roofs. What else can I do?" And I went the extra mile
- 19:05to have this conversation with him.
- 19:07I said, "Let me ask you a question.
- 19:09Have you ever been in a situation where you're replacing someone's roof, right?
- 19:16And in doing so, you mess up their landscaping.
- 19:22What happens?
- 19:23You leave because you're focusing on a roof, and that person now has to go and
- 19:29spend money to replace the landscaping that's around that you've just destroyed.
- 19:36I'm not asking you to be a roofer and a landscaper, but what I'm asking you
- 19:41to do is build a relationship with a landscaper who can then come to
- 19:48your clients and secure, protect the landscaping that other roofers don't do.
- 19:55They don't focus on that."
- 19:56So collaboration.
- 19:59Exactly.
- 20:01That's a good one.
- 20:02And sometimes when you're seeking to differentiate yourself,
- 20:05it doesn't necessarily mean that you're doing it alone.
- 20:10It also enables you to collaborate, form joint venture partners,… form alliances.
- 20:18Alliances, that's one of the big strategies that
- 20:22help you to generate profit.
- 20:25That is so true.
- 20:28I just, a few, not a few weeks.
- 20:31This keeps coming up with a lot of my guests, like if you want to
- 20:34go far… was it if you want to go fast, go alone, but if you want to-
- 20:39Go alone, but if you want to go far take someone with you
- 20:41… take someone with you, yes.
- 20:43Yes.
- 20:44So that's a great point.
- 20:45Alliances, collaboration-
- 20:48Yes
- 20:48… joint ventures.
- 20:49yes.
- 20:50The whole burden is not just on you.
- 20:52Yes, as you say, you damage-
- 20:53Yes
- 20:53… like in the example you just gave-
- 20:55Yes
- 20:55… the roofer damages the landscape, but they just got on the
- 20:58landscape, of the customer.
- 21:01You get on the phone, you call the person you are in partnership
- 21:04or have a collaboration, collaborative, relationship with.
- 21:07They come and they fix it.
- 21:09You've got a customer for life.
- 21:10They're like, "Wow, this just happened. They fixed it." They call their friend.
- 21:14exactly.
- 21:15Now you've got two customers, two satisfied customers.
- 21:18Exactly.
- 21:18And you can actually promote that as we don't just take care of your
- 21:21roof, we protect your landscaping.
- 21:23Yes.
- 21:24So you make sure your messaging is reflective of the
- 21:27differentiation that you've created based on that joint venture.
- 21:31You know what's gonna happen?
- 21:32That landscaper, when they're in the area doing landscaping, they look
- 21:38up, they say, "That roof is about the 25-year mark to be replaced."
- 21:42Yes.
- 21:42They're gonna call the same roofing company-
- 21:45And say, "Yeah, hey"
- 21:46… and say, "Listen." Or they might tell their client, "Listen, I have
- 21:50a roofer who I work with who does an excellent job." Here is an opportunity.
- 21:55Here is his card, or here is his contact, or here's her
- 21:59card, and here is her contact.
- 22:00Right away, you didn't pay for that advertisement.
- 22:04It cost you nothing other than a relationship to get
- 22:09that additional business.
- 22:12that's so true.
- 22:16That's free advertisement.
- 22:19Exactly.
- 22:19Free ad.
- 22:21Yes, we have to be collaborative, and again, this comes back to the point
- 22:26that I made when we began, mindset.
- 22:29Yes.
- 22:30Mindset.
- 22:32Our mindset would be such that I am open to collaborate with
- 22:38those who I can enrich and those who can enrich me in the process.
- 22:43Yes.
- 22:43Bring in value at all ends.
- 22:45Bring in value, exactly.
- 22:48And just one other hint, one tip.
- 22:52How do you find good joint venture and alliances?
- 22:56Ask yourself this fundamental question.
- 23:01What do my customers need before they do business with me and after?
- 23:09Good point.
- 23:12Those persons are going to be excellent joint venture partners because they're
- 23:19going to send business to you, you're going to send business to them, and it's
- 23:25just going to be a domino effect, right?
- 23:30Like a circle too, right?
- 23:32And like a circle.
- 23:33You're gonna be ending up closing that loop every time.
- 23:37So good.
- 23:38So good.
- 23:39Oh my gosh, Avenice, we could talk forever.
- 23:41I know we can.
- 23:42But there's something you mentioned about a no-cost strategy as a game changer.
- 23:47What exactly is that?
- 23:48Is that the same thing?
- 23:50Yeah, these are all no-cost strategies.
- 23:52Got you.
- 23:52Because they cost you nothing to implement.
- 23:54Nothing.
- 23:55No cost for the client.
- 23:56No cost.
- 23:57Yes.
- 23:57No cost.
- 23:58They cost you nothing.
- 23:59You have a relationship with someone, you tell them the value you're offering them,
- 24:04they tell you the value that they can give to you, and you sign on the dotted line.
- 24:09It doesn't cost you anything.
- 24:11You move along.
- 24:11You get a referral.
- 24:13It doesn't cost you anything to sit down and say, "What is
- 24:16my market dominating position?"
- 24:19Yeah, it costs you time.
- 24:20Only.
- 24:20Not that only
- 24:21But you're spending time, you're spending time scrolling on TikTok
- 24:24anyway-… so you might as well spend time
- 24:27Get in some business.
- 24:28Exactly.
- 24:30And spend that time… And again, this excites me, because when
- 24:35you start to dig deep and say, "Why you?" You ask the questions.
- 24:40So ask yourself your questions.
- 24:41For the listeners out there, ask yourself the questions, "Why me?" Okay,
- 24:45I'm offering, I have daycare services.
- 24:47Then why should they bring their child to me?
- 24:52Why me and not the daycare across the road or over in the next city?
- 24:56Why me?
- 24:57You know they should bring their child to me because I guarantee them that
- 25:01their child would read by the age of two.
- 25:06That's why they should come to me.
- 25:08You know why they should come to me?
- 25:10Because I'm not just a daycare, I'm also making sure that the children get food
- 25:15that is of nutritional value to them.
- 25:18I create specific menus, and I make sure that I pay attention
- 25:23to what I'm feeding my children.
- 25:26No corn curls and no chips.
- 25:28We're feeding them good, nutritious food.
- 25:32So nutrition is a big part of my daycare service.
- 25:36That's why they should come to me.
- 25:39And I notice you personalized it.
- 25:41You didn't say, "They should come to me so that their children…"
- 25:44You said, "My children- Exactly … are being taken care of." So you-
- 25:49Exactly
- 25:50… personalized it.
- 25:51Personalized.
- 25:51They become mine once they're with me.
- 25:53Yes.
- 25:54Love it.
- 25:55And as a parent, we feel comfortable when that person then shows that,
- 26:02aha, you are the extension of me.
- 26:03Yes.
- 26:04Yes.
- 26:06I'm leaving my child in a safe environment.
- 26:10Safe, yes.
- 26:11Continuing on the daycare, why should they come to me?
- 26:14Because I have cameras.
- 26:15You can look at your child throughout the day.
- 26:20Why should they come to me?
- 26:21Because all my assistants are certified, trained, and they have
- 26:28teachable moments for the children.
- 26:31That's why the children who have graduated from my daycare
- 26:34can all read by the age of two.
- 26:37Wow, I want to send my child there, wouldn't you?
- 26:43I love it.
- 26:44I love it.
- 26:46It's more than just daycare.
- 26:49This is
- 26:50exactly
- 26:51bringing value to the next generation-
- 26:55Exactly
- 26:55… so they in turn can impact the next generation.
- 26:59Exactly.
- 27:00Exactly.
- 27:01Exactly.
- 27:02You bring peace and comfort to that parent as well.
- 27:05So again, this is why it excites me, and I sure you can see
- 27:09the passion that's coming out.
- 27:10Absolutely.
- 27:11I'm looking at your face, I'm looking at your smile, I'm looking at your eyes.
- 27:15Yes
- 27:16… they lit up as you spoke about these things.
- 27:18because it costs you nothing.
- 27:20It costs you nothing.
- 27:21But these are the same strategies that the big businesses use And they
- 27:28have us spending our money with them.
- 27:30Every day we walk into a Walmart, a Home Depot or whatever, it's
- 27:34the same strategies that they've been using over the years, right?
- 27:39And we just didn't know.
- 27:40We just didn't know.
- 27:42As you walk in, they say, "Hi, welcome to wherever."
- 27:45Exactly.
- 27:46Yeah.
- 27:47And you feel, "Oh, they noticed me. Why can't we do the same?"
- 27:51Exactly.
- 27:52Simple things that we can do.
- 27:54Yes.
- 27:55Yeah.
- 27:55And the same way we run to spend money with them, so people can come
- 27:59to spend money with us as well.
- 28:01I love it.
- 28:02I love it.
- 28:03just for the sake of time-
- 28:05Yes, for sure.
- 28:05We are actually rounding up.
- 28:07How can people get in touch with you, those who are listening who
- 28:10haven't been able to join us, so that they can ask you questions?
- 28:14How can they get in touch with you, Avenice?
- 28:16Sure.
- 28:16Thanks for asking.
- 28:17I'm on LinkedIn.
- 28:18I'm also on Facebook, but my website-… is your, Y-O-U-R,
- 28:24business, B-I-Z N-E-S-S, bar.com.
- 28:30That's my website.
- 28:31And at that point in time, you can select a time, just choose a time
- 28:35for us to meet, connect, and I'll be happy to do that, yourbusinessbar.com.
- 28:41They can send me an email at info, I-N-F-O, @yourbusinessbar.com,
- 28:50and be sure to say, "I was listening to Paula's podcast,"
- 28:57and you'll be treated like a VIP.
- 29:00Because you are.
- 29:00So be sure to say that when you connect with me.
- 29:04Absolutely.
- 29:05Yes.
- 29:05I have one-on-one coaching program.
- 29:08I have group coaching option, and I have a business academy for those
- 29:12persons who just want the strategies.
- 29:15They wanna learn on their own time, they wanna do their own thing, and they
- 29:20can just go right ahead and get it.
- 29:22Obviously, it won't be the same value, but it gives them a start because sometimes,
- 29:26again, once you have the mindset you wanna start, you have to take action, right?
- 29:31Yes.
- 29:31Yes.
- 29:32That's where the M comes in.
- 29:34Mindset, move.
- 29:36You gotta move towards that.
- 29:38I love it.
- 29:39I love it.
- 29:39And you're gonna love it.
- 29:40And social media?
- 29:41I know you're on LinkedIn.
- 29:43Yes, I am.
- 29:44I am on LinkedIn, and I'm also on Facebook, Your Business Bar.
- 29:47I take it right through, Instagram.
- 29:50Don't use Instagram that much, but it's still there.
- 29:52It's still active, Your Business Bar all the way through.
- 29:55All right, great.
- 29:56And for those of you listening or viewing on YouTube- If you'd like
- 30:01to be a guest just like Avenice has been, reach out to me on my website,
- 30:06which is chattingwiththeexperts.com.
- 30:09I'm also on LinkedIn, my business page there is Chatting With the Experts.
- 30:13I'm on YouTube.
- 30:15Please subscribe to my YouTube channel where you can see this
- 30:19episode with Avenice Thompson and all the other phenomenal women
- 30:25who have shared their expertise.
- 30:28And I'm also on Instagram.
- 30:31My handle there is
- 30:35@chat_experts_podcast.
- 30:36And now we will open up the floor to all who joined us so that they get to
- 30:41speak with the wonderful and dynamic Avenice Thompson and ask her all the
- 30:46questions that I either forgot or didn't have enough time to ask her.
- 30:51Thank you again, Avenice, for saying yes to being a guest.
- 30:54Oh, it's been my pleasure.
- 30:55It's been my pleasure.
- 30:57I hope someone out there can take action, just use those strategies
- 31:01and change your business around.
- 31:04It's not that you don't have a good product or good service, it's about
- 31:08implementing the right strategies.
- 31:10I also offer a free assessment.
- 31:13If someone wants to, you know, have a free strategy call, we
- 31:15can hop on a strategy call.
- 31:17I offer that because the truth is the difference between those who
- 31:21succeed and those who don't is support, and I'm here to support them.
- 31:25So true.
- 31:28Thanks.