EP107: 3 Lessons from the Ashes of My Business Failure and Business Growth with Amanda Bedell

Did you know that only 20% of your work generates 80% of your income? This includes leads, conversions, transactions, pricing, and profits.

Sounds overwhelming? Business expert Amanda Bedell organizes the chaos so you can focus on your true money generators. It’s time to find the strategies to fix your numbers and expose what you have control over.

WATCH: 3 Lessons from the Ashes of My Business Failure and Business Growth with Amanda Bedell

Key points covered in this episode: 

✔️ These are what you should focus on. The three different areas are the top line, the bottom line, and the cogs (the overhead costs). 

✔️Use social media for conversion. Expect to get clients "out in the wild." Your leads will be looking you up and checking your credibility. If that doesn’t work, quickly look for another strategy.

✔️ Be the tide that lifts all boats. The foundation of a business isn’t profit, it’s purpose. You’ve been given the gifts of leadership and a position of influence. Create as much positive impact as you can.

✔️ One-man businesses matter. Surprisingly, over 85% of businesses are run solo, and the top 10% are managed by under four people and yet still gross $250,000 a year. You, too can have a slice of the pie!

✔️ Operate locally. With worsening inflation, work with people around you and promote skilled people in your area. Fund the hidden talents near you instead of relying on larger companies to grow your business.

✔️Reflect on your past mistakes. What lessons could this be trying to teach you? Write them down, get back up, and give it your best as you take your next step.

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As a business chaos sorter, Amanda Bedell uses financial statements and step-by-step actions to bring clarity and focus to business owners who want to make more money. If you'd like to see $75,000 or more hit your income statement in 90 to 120 days, reach out to Amanda. Amanda has spent over 15 years in the marketing and public relations fields working with multi-million dollar organizations and in the entertainment industry. In between, she built a bakery from a farmers market booth to a brick-and-mortar and manufacturing facility employing 15 people. By 2018, through a series of decisions she made over six years, she had run out of cash. She sold the bakery defeated and exhausted. From the ashes of her business failure combined with marketing experience, BCC Business Consulting was born. Amanda now helps business owners who are beyond the startup phase and are experiencing tighter than anticipated resources after building for three-to-five years or more. Her work centers around employee relations, efficiency systems, and marketing strategy.

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The Oracle on Purpose podcast is for the intuitive entrepreneurs or inspired leaders who want a powerhouse business that makes money while making a difference in the world. It's time to find your unique life purpose and get back on track with your business strategy to become fulfilled in your work. 

About Lia Dunlap:

Dubbed the Oracle on Purpose, Lia Dunlap's Intuitive Guidance and 25 years of successful operational business experience will help you find your Unique Life Purpose. Get back on track with your business strategy to become fulfilled again in the work you do. It's time to remember... You are here on purpose. You've got a mission to fulfill, and we are here to make sure, no matter what, you achieve it.

Loved this episode? It's time to escape the monotony of shallow work without losing everything you've worked so hard for. Download your FREE Purpose and Prosperity Road Map. Discover the five essential steps to go from frustrated, annoyed, or not living your purpose to a successful purpose-driven leader. purposeandprosperityroadmap.com