Episode 616: “As a successful business owner, what vulnerabilities have you identified and how do you mitigate them?”

Today’s episode was recorded in a van following a boat cruise during an activity day in Costa Rica during a Diamond Mastermind, with Diamond member Linda Retemeyer who lives in Australia. Linda wants to know what kind of vulnerabilities I have identified over the years and how I mitigate them to keep my business running successfully.

I talk about the importance of keeping your merchant accounts consistent and viable so that you always have the ability to collect revenue from your customers.

I discuss the necessity of keeping our incoming lead flow consistent so that our commission only staff members have the opportunity to earn a good salary and our consultants continue to earn back end commissions.

I explain the dangers that can occur if you allow yourself to get too comfortable or complacent in your business.

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