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Million Dollar Club Takeaways

Million Dollar Club Takeaways

Our meetings have concluded in Bora Bora, and our final dinner is tonight. We’ll go via private launch with canapés and champagne

Here are the takeaways from the group:

• Reach out economically to larger constituencies.

• Validation to move to the next stage of growth.

• Diverse people asking for and giving help generate unique ideas.

• Creating “knowledge factories.”

• Licensing globally.

• Replacing one’s self as the CEO of the company to foster creativity and growth while delegating administrative chores.

• Gaining value from others’ abilities as professional advisors, not merely their business models.

• Creating accountability candidly and feeling responsible for goals.

• Thinking bigger (we’re often asked by others how to do this, and we have to do more of it ourselves).

• Focus on dominating targeted markets.

• Applying a low labor intensity/high revenue model to determine strategy for current and proposed offerings.

• Sharpened value propositions.

• Clarifying that “thinking big” is about how you think about your future, not about materials and courses.

• Renewed and stronger confidence in the value of the work.

Members in attendance: Chad Barr (and Laurel Barr), Suzanne Bates (and Drew Yanno), Shane McLucas, Rob Nixon, Michael Sheargold, Andrew Sobel (and Mary Jane Sobel), Alan Weiss (and Maria Weiss).

© Alan Weiss 2010. All rights reserved.

Written by

Alan Weiss is a consultant, speaker, and author of over 60 books. His consulting firm, Summit Consulting Group, Inc., has attracted clients from over 500 leading organizations around the world.

Comments: 1

  • Jenn

    November 19, 2010

    That first photo of the little island is so beautiful. Do you have it as an uncompressed photo? If so, would you mind sending it to me for use as the desktop picture on my computer?
    Perhaps in a couple of years I can join you there for the next Million Dollar Club getaway!

    Thanks so much!
    ~ Jenn

    (P.S. I figure, you never get anything with out asking. 😉 )

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