Podcast
Questions and Answers
What is another term used for audience of buyers?
What is another term used for audience of buyers?
- Target Market
- Ideal Customer Profile
- Customer Persona
- All of the above (correct)
A company with three employees is not considered a potential client.
A company with three employees is not considered a potential client.
False (B)
What are the geographic locations of focus for the company at the time of recording?
What are the geographic locations of focus for the company at the time of recording?
Australia and New Zealand
According to the video, ExitOS has ______ components.
According to the video, ExitOS has ______ components.
Match the exit types with their correct descriptions:
Match the exit types with their correct descriptions:
What is the duration of the Exit Accelerator program?
What is the duration of the Exit Accelerator program?
The company focuses on jumpstarting new business ideas.
The company focuses on jumpstarting new business ideas.
What is the name of the unique onboarding process?
What is the name of the unique onboarding process?
The common thread for member success is ______.
The common thread for member success is ______.
Match the employee role with what activities they do:
Match the employee role with what activities they do:
What is a key characteristic of a 'perfect' lead?
What is a key characteristic of a 'perfect' lead?
The company's services are designed to support businesses with a fully built-out leadership team.
The company's services are designed to support businesses with a fully built-out leadership team.
What is the initial step that members undertake in the onboarding process?
What is the initial step that members undertake in the onboarding process?
One of the three unique things is they take an ______ perspective.
One of the three unique things is they take an ______ perspective.
Match the ranges:
Match the ranges:
What is the primary goal of the company's services, in terms of the business owner?
What is the primary goal of the company's services, in terms of the business owner?
According to the video, the company only works with the business owner and not their team.
According to the video, the company only works with the business owner and not their team.
What is the name of the report produced from the member's audit?
What is the name of the report produced from the member's audit?
The members transition to premium support with two live member ______ per week.
The members transition to premium support with two live member ______ per week.
Match the program goals:
Match the program goals:
What factor makes bringing someone on difficult?
What factor makes bringing someone on difficult?
According to the video, someone wanting everything set up before their team joins is a bad thing.
According to the video, someone wanting everything set up before their team joins is a bad thing.
How many minutes a week can you work if you have a Hayday exit?
How many minutes a week can you work if you have a Hayday exit?
According to the video, the coaching team consists of a head of ______ as well as performance managers.
According to the video, the coaching team consists of a head of ______ as well as performance managers.
Match the definition to the term:
Match the definition to the term:
Which of the following is a characteristic of a Mayday exit?
Which of the following is a characteristic of a Mayday exit?
The team customizes their plan before the audit.
The team customizes their plan before the audit.
What kind of exit do most people want?
What kind of exit do most people want?
The Facebook community is moving into a ______ community.
The Facebook community is moving into a ______ community.
Match the traits to ExitOS:
Match the traits to ExitOS:
What is the name of the 12-week program?
What is the name of the 12-week program?
The company is not purpose driven.
The company is not purpose driven.
What is the website call that has its training, content and assets?
What is the website call that has its training, content and assets?
The common thread for members is ______.
The common thread for members is ______.
Match the descriptions to exiting:
Match the descriptions to exiting:
What is the promise?
What is the promise?
Everything is designed to help employees for the company
Everything is designed to help employees for the company
The unique way that we work is by [blank] every member's journey.
The unique way that we work is by [blank] every member's journey.
The ______ managers' roles is to work with everyone.
The ______ managers' roles is to work with everyone.
Match the amounts:
Match the amounts:
Flashcards
Audience of Buyers
Audience of Buyers
Individuals or businesses with a demonstrated need and capacity to purchase your product or service.
What Defines a Bad Lead?
What Defines a Bad Lead?
A business with less than $1 million in revenue, under five team members, or has a strong existing management team.
What Defines a Good Lead?
What Defines a Good Lead?
A business that generates between $1.5 - $5 million in revenue and has 10-100 team members.
What Defines a Perfect Lead?
What Defines a Perfect Lead?
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Exit Accelerator Program
Exit Accelerator Program
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Product-Market Fit
Product-Market Fit
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Referable Business
Referable Business
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Decision Maker
Decision Maker
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ExitOS
ExitOS
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Mayday Exit
Mayday Exit
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Hayday Exit
Hayday Exit
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Payday Exit
Payday Exit
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Customized Member's Journey
Customized Member's Journey
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Launch Process
Launch Process
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Member's Audit
Member's Audit
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Launch Call
Launch Call
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Next Right Thing
Next Right Thing
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Premium Support
Premium Support
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Performance Managers
Performance Managers
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Exit Hub
Exit Hub
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Study Notes
- These notes cover the current offer sold by the advisory team, marketing foundations, lead qualification, product market fit, the ExitOS process, and the 12-week Exit Accelerator program.
Marketing Foundations: Audience of Buyers
- Instead of using terms like "avatar" or "target market," the focus is on identifying the "audience of buyers."
- A basic profile includes teams with five or more people, generating a million or more in revenue, and operating in Australia and New Zealand.
Lead Qualification
- Bad leads include companies with under $1 million in revenue, fewer than five team members, or very strong existing management.
- Companies with a full leadership team already in place may not benefit as much from the consulting services.
- Good leads generate $1.5 to $5 million in revenue and have 10 to 100 team members.
- Ideal leads generate $1.5 to $100 million in revenue, have 15+ team members, and have department heads in place.
- General managers who aren't founders/owners are typically not good leads because it's necessary to secure buy-in from the CEO
Product Market Fit
- It's important to work with companies that already have a proven product in the market, rather than trying to jumpstart an idea.
- A key indicator of product market fit is whether current customers successfully refer new business.
Proven Process: ExitOS
- The 4 components of ExitOS enables achievement of desired outcomes and has additional training.
- The promise of ExitOS means business operations will be harder, slower, and more stressful without it.
- The unique features include getting the business owner out of the day-to-day operations, taking an owner's perspective in decision-making, and bringing the team along for growth.
Current Pitch: 12-Week Program
- The program aims to help business owners exit in 500 days or less, offering three exit scenarios: Mayday, Hayday, and Payday.
- Mayday: Allows owners to stop working "on the tools" daily, provides good money and some freedom, but remains a job.
- Hayday: Enables a four-week holiday without work disruptions, allows running the business in 90 minutes a week, and establishes a cash cow for time and money freedom.
- Payday: Selling the business for a life-changing amount of money.
- The common thread for member success is ExitOS.
Exit Accelerator Program
- The Exit Accelerator program is a 12-week program with a customized approach for each member.
- Members go through a launch sequence, beginning with a member's audit to assess the four ExitOS components.
- Based on the audit report, a customized plan is created during a one-on-one session.
- The focus is on identifying the "next right thing" to address immediate issues such as time, money, or team problems.
- Transition to premium support, including two live member calls per week, and access to a community platform to remove bottlenecks
Program Components
- Members Audit: Assesses the business across key areas to identify the most pressing needs.
- Two Live Member Calls Per Week: Group coaching calls and access to the community, which is transitioning to WhatsApp from Facebook.
- Performance Managers: Dedicated one-on-one support to help members achieve their goals and upgrade for more time with the team.
- Exit Hub: Centralized location for all training, content, assets, and resources needed to implement changes in the business.
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