29 - How to Productize a Service Business with Meryl Johnston - a podcast by Paul Higgins - High-Performance Mentor

from 2017-09-18T06:53:35

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Meryl Johnston from Bean Ninjas has many hidden talents including professionally playing tennis. She had a career in Management Accounting but could not get this to work and she was backed into a corner where she was forced to create a career in consulting. 

She has great advise and mentoring from her father and Dan Norris and launched a fixed fee bookkeeping service. 

She talks through what she has learnt from helping small business owners grow their business by focusing on the financials. She also shared her personal experience of scaling her own business. 

 

There were lots of great takeaways in the episode, so grab that pen and notepad, and enjoy!

  • How to productise a service business 
  • What support you need when you are faced with limited options
  • How to define your ideal client
  • How to create repeatable processes for your team
  • Importance of cash flow and the difference between net profit and net cash
  • The 2min rule

 

Important Links & Mentions From This Episode:

Further episodes of The Paul Higgins Show

Further podcasts by Paul Higgins - High-Performance Mentor

Website of Paul Higgins - High-Performance Mentor