Independent Reviews
I ve been following the Formula 5 launch for some time. Actually I have to admit, I ve never been a fan of the higher priced products that get launched with a lot of hype and other people promoting it.
The premise behind Formula Five, from the Stompernet guys and their main content producing partner, Paul Lemberg, is that there are 5 main categories of tasks that a marketer can do to improve his or her results.
Let me first go on record as saying that I ve sat through the videos, and read the MBA in a Box report, and I ll give you links to them in a minute. I ve also been allowed early access to some of the modules that custome插入patagonia store locator10rs will receive, through a partner, and this content just blew me away.
First of all, the title MBA in a Box, is pretty much accurate. I don t know what the pricing is yet on this product, but compared to the cost of a university MBA, it s peanuts, I guarantee. So that s one thing.
The other thing is thpatagonia better sweater zip fleece hoodieat I ve been around the block a few times. I started my first company patagonia store locator0in 1981, doing consulting for a bunch of large and medium sized companiepatagonia store glens falls nys around the country, and built a small staff there, but after burning out on that travel, decided to go into retail in my home town.
So from 1989 until around 2005, I did that full time, running a fairly successful business. Since then, I ve been a full time Internet marketer, and have gotten involved with several different business models. Which ones isn t particularly important to this conversation, I just want to mention that I ve got some business background that allowed me to appreciate the concept of Formula 5.
OK, the overall strategy. Five building blocks. Take each one, one at a time,patagonia store locator3 and do one thing that will improve your business by 15%. Period.
Through the power of compounding, once you ve dpatagonia store locator2one building block one and improved your business by 15%, go on to the second. If you do the math, a 15% improvement in each of 5 different areas will double your business, and potentially quadruple your profits, or better.
The videos show it better than the apatagonia loulu reviewbove paragraph explains it, but believe me, if you do the math, it works. They like to poupatagonia store locatornd home the idea: Success isn t about what you make, it s about whpatagonia quilt again vest reviewat you keep that matters.
Now it does sound simple, but there s always the thought that it s difficult to improve each of 5 different business functions by 15% each. Here s where Formula 5 makes you a master. Over the course of 15 weeks, you ll have access to 238 (yep, 238) action blocks. Pick just one that you like, that you re comfortable with, or that you thinkpatagonia specter pullover review would be easy for you to implement in your busshop for patagonia on polyvoreiness, and just do it.
In other words, you don t have to go through this gigantic course all at once. You browse around like you would at a huge buffet, you pick something you like, and you do it. The Stompernet guys are cool that way, they don t expect you to sit through 100 hours of video to learn how to do something, they give you a bunch of 5 or 10 or 30 minute videos, or transcripts if you learn better than way, and then you just stop the video, put down the report, and just do it.
Heck, in looking through the free report, I saw a couple things that I can do for my online web store that will improve my profits by more than 15%, possibly overnight.
Let s do the math. If I did that for each of the 5 areas, let s say I m making $1000 a day now (not profit, but income), and if I improve that by 15%, I m up to $1150.
Then if I improve that $1150 by 15% by doing another action block, I m up to $1322.50. Then another 15% brings me to $1520.87, then another 15% brings us to $1749.00, then the final 15% yields $2011.35.
So by the magic of compounding, and finding just 5 things out of 238 that can net you an additional 15% improvement in your business, you ve doubled your income.
Forpatagonia everlong review professors example, in many businesses, raising your prices is something that would not, believe it or not, hurt your business. Especially if you can add a little value, or improve your sales letter to cause your prospect to believe that your product is worth it.
So if it costs me $700 to sell $1000 worth of product now, and I raise my prices by 15% to $1150, instead of making $300 on those sales, I m going to be making $450 on the same sales, overnight. That s a 15% improvement on the sales, bpatagonia guide jacket hutut a 50% improvement on the profits.
And isn t that what we want, after all, more profit?
That s just one action block, out of 238, that can yield you incredible improvements in your business. Just doing that will more than pay for this course, but the other 237 action blocks give you tremendous leverage.
There s obviously nothing to say that you have to be satisfied with just 5 incremental improvements, but that s what it takes to double your business. The Formula 5 guys have laid it out so that there are some easy fixes. The theory is if you implement one of the action blocks, and if you do it wrong, it s still better than not doing anything at all. You ll get some improvement in your business.
So enough from me. First for those that like to read, this 96 page report is probably equivalent to a $197 product in and of itself, take advantage ==> MBA in a Box
