Founder of SuperFastBusiness and Silver Circle memberships
James coaches experts like Ezra Firestone, Tom Breeze
Real Life Connection And Knowing Your Hourly Value
Tactic that has had the biggest impact on James’ success
Creating real life connection and knowing your hourly value.
Result if you follow the steps in James’ session
Retain your members longer and a way to know if you’re spending your time appropriately in your membership.
Full session with video, notes, audio and discussion inside EHQ Club. Learn more
Expert session snapshot
It was one of the criticisms I had of four or five memberships I was a member of before I created my membership is that someone would found it set up some
But I turn up to actual physical local meetups all around the world which is great because I get to travel to other countries and I’ve got a proper business reason to do that but once you connect with people face to face it really takes that relationship to another level.
I’ve met you several times in person once we went surfing out there and also
Yes I think
Like you can stick with the customer and keep serving them for a long time I think there’s maybe you know the the rumor or the theory going around that you know you can start a business online and it’ll just make you passive income whereas you know it’s not true if you want to if you want to build a business and it has you know you’ve done successfully with yours in it and that’s working you need to get turn up and be committed to it and there aren’t a lot of memberships or people that are doing this and I think that there are some people who just turn and think that I can do this for a few times and then leave and it’ll just run itself.
But if we really want to make +this successful and get that engagement membership feel like your community you know how should we do this where should we be focusing well if you could look for some metaphors like if you’re going to build a building for example and then make an income from it by renting out the office space there’s the different skill sets involved to start with like the first thing is you’ve got to try and find the right build space to build the building then you have to map it all out and get all the right components and approvals and build it and then if you can build it then you’ve got to go about being competitive and less in the office space and then in getting in tenants and looking after their needs.
Now I’m cash sitting in my bank account earning interest at a couple of percent that’s passive income I’m doing nothing with that right I’d like to think of a membership as a very leveraged income it’s extremely leveraged and I’ve got some tools and filters that I used to work out how leveraged that is and the very best one is the effective Valley rate and I simply work out what it is my monthly profit and how many hours a month do I work and that formula will reveal your hourly rate and I’ll give you a simple example if I was making ten thousand dollars a month and I was working twenty-five hours.
Then I’m probably making a hundred bucks an hour if I’m doing a hundred thousand dollars a month in profit and I’m working