Synopsis
The purpose of growing a business isn't just revenue. Revenue and profits run the business, but it's the ability to do what you want, when you want, and where you want. That's control. And that's what most small business owners never achieve. The Three-Month Vacation shows you how to create a powerful business, while still taking generous amounts of time to relax and unwind.
Episodes
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Rerun: How to avoid mastery (and use 5-minute learning to get to fluency, instead)
25/12/2020 Duration: 15min -
Rerun: Longevity secrets: How to consistently write newsletters for 20 years in a row
18/12/2020 Duration: 25min -
How to motivate and inspire (even when things are going wrong)
11/12/2020 Duration: 15minMotivation people around you seems like an unending task. Your staff, your team, your walking group, your kid all need motivation. And all of them are motivated by different things. Some by money, some by responsibility and others by praise. Is there one system that works for everyone on the planet? Yes it is, and it's called "being a fan". Learn how you can become a fan and how it changes the dynamics of a relationship forever.
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How to use group consulting to increase earning (and learning).
04/12/2020 Duration: 33minWhich do you think is superior? Group or one on one consulting? Most people aren't likely to pick group consulting. It seems like the benefits of one on one consulting far exceed that of a group. And despite our bias for one-on-one consulting, greater learning and implementation is done with groups. Plus as a trainer, you earn a lot more while spending fewer hours. If this all sounds magical, it is. But how do you position group consulting in a world that's tilted towards one on one? Let's find out
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Why we enter fields with less competition (and why that's a dangerous strategy)
27/11/2020 Duration: 23minIf you were to ask someone to pick a field where there's more vs less competition, they're likely to pick one with less. And that would be a mistake, possibly a fatal one. Competition isn't bad for you—it's good. If it makes no sense, here's a podcast that shows you exactly why competition helps you determine if you're going to make it or not. And how to go about using the power of competition to your advantage.
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April Fools Day: The Mad Genius of Renuka
20/11/2020 Duration: 18minYou think you know Renuka, but maybe there's a bit you don't know quite yet. She looks mischievous, but her real mission comes alive on April 1. Enjoy this slightly unusual episode of April Fool when Renuka's maniacal genius comes to life.
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How to publish fixed prices on your website (even if you run a service).
13/11/2020 Duration: 29minThe problem with a service-based-business is that you can't always publish a fixed price. The pricing always seems to depend on what needs to be done for the client. This results in a lot of wasted time and effort. Often, both the client and the vendor (that's us) get so bogged down in the process of quotes that the job gets postponed or falls through. How do we avoid this back and forth? And is it really possible to make your service like a product? Let's find out in this episode.
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Dread writing your newsletter? How to overcome that frustration in four easy steps
06/11/2020 Duration: 17minI used to hate writing a newsletter. It would be the task I'd keep postponing until the very last minute. Of course, that would make my entire week miserable. Until, I found what could be called a "rough formula". And it's an easy formula too. Try it and you'll see that your newsletter isn't as tedious as it used to be. In fact it's fun—well, almost.
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Why Success Benchmarks are Misleading (And How We Set Benchmarks for Success)
30/10/2020 Duration: 25minIf you look around you, the obvious success benchmarks are usually money first, and then, at least a huge dollop of fame. But are our benchmarks of success skewed by Fortune Magazine or Inc or Fast Company? Are those blogs we read driving us down a path we didn't originally set for ourselves. We had to muddle around a fair bit because we too were confused. However, here are our benchmarks for success. Maybe it will get you to set your own, as well.
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Planning on starting a membership site? How to decide which one is for you (Part 2)
23/10/2020 Duration: 15minWhen we think of membership sites we tend to think just about "information" based sites. However, there are many ways of looking at membership sites. In this second episode we dig into the "limited membership site" (yes, one that lasts for a fixed time and then stops). And we also look at membership sites that are not membership sites at all. Yes, it's a weird trip. Come join us and see how your business model might find these types of sites quite suited to your way of life.
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Planning on starting a membership site? How to decide which one is for you (Part 1)
16/10/2020 Duration: 30minA membership site isn't just another site. Instead, it's almost like an inner circle where you draw your closest clients to you. Yet, which kind of membership site would suit you best? Should you hand hold your clients? Or should it be a membership site with content they can pick and choose—and with no input on your part? In this two part series, we look at the power of the hand held membership site and compare it with the content-only membership site. Which one is for us? Let's find out.
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Why sales and self-promotion seems yucky (and how to quickly overcome it)
09/10/2020 Duration: 27minClients may love our work. They may refer us on to others. And yet, when it comes to sales, we shrivel back almost in horror. We find sales techniques to be a bit over the top and often bordering on yucky. Is there a way to quickly get over this terrible feeling? How do we promote ourselves without feeling icky?
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How to recalibrate your life's priorities (despite the unending torrent of work)
02/10/2020 Duration: 25minDo you find yourself loving your work, but knowing that you're getting a bit one-dimensional? You work, then work, then work some more. And when others around you protest that you're working, you say, "But I love my work" or "I'm not working that much". You find yourself justifying the importance of the work, both from a monetary point of view as well as something you want to do. And yet, you know that setting needs a slight recalibration. That there are these things called hobbies. Things that you do for no reason at all, but for the pure joy. Where there's no financial benefit at all, and yet it somehow seems magical. If you want to keep working endlessly, that's a call to make. But if you'd like to re-calibrate your life to include something more, here's how you go about it.
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How to avoid duds and time-wasters when hiring or outsourcing staff
26/09/2020 Duration: 27minWhich is the most frequently used method of evaluating someone you want to hire?Usually, the method used is quite bizarre. You tend to ask for references, probably some sort of resume and you're expected to make a decision based on those parameters. However, almost everyone will make sure they have a polished resume, which means you don't know if the person is really a good fit for the job. At Psychotactics, we've hired duds before. And in order to avoid the frustration of hiring and then having to let go of staff/outsourcers, we've devised a method that is surprisingly easy—and effective. And in this episode you'll find the three steps we take to get very precise hiring results. Listen away!
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How to create a pricing ecosystem that helps increase revenue and free time)
19/09/2020 Duration: 32minImagine making one change in your pricing strategy. Then let's say you make two. But let's say we make three changes. With three tiny changes, we have not just made tiny little moves, but have created a whole pricing environment. Or a trophic cascade, where one thing leads to the other, and then the entire cascading effect changes the way you do business. Your revenue goes up, which buys you more time. Wouldn't you like to know how to create this cascade? That's what today's episode is all about and how to go about putting together the elements of the cascade.
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How to extend or reduce article length by using the power of examples
12/09/2020 Duration: 15minEither your article is too long and bloated or it's much too skimpy. When faced with either of these situations we are at a loss as to what needs to be done. Well, worry no more because "examples" are waiting to rush to your rescue. Let's find out how to use examples to extend or reduce content in articles, books, presentations and just about any other media that goes out to clients.
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3 Pesky Things That Bug Us at Psychotactics (And How We Overcame Them)
05/09/2020 Duration: 27minWhen you run a business, there are three things that seems to come up. The first is "ungrateful subscribers", the second is definitely "pirates" and the third is the "competition. No matter how hard you try, these three pesky occurrences seem hard to avoid, but as you'd expect, there's a way out.
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Why "Normal Headlines" are more powerful than "Clickbait Headlines"
29/08/2020 Duration: 14minClickbait headlines seem to be designed to get our curiosity. But what makes a clickbait headline so attractive in the first place? And how do we write "normal" headlines that are far superior in getting the attention of the client?