Build It Like You’ll Sell It | John Doherty

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PROFITABLE TALKS...




In this episode of The Profitable Creative, host Christian Brim interviews John Doherty, a successful entrepreneur and coach, who shares his journey from digital marketing to building and selling agencies. John discusses the importance of understanding business numbers, the impact of pricing strategies on profitability, and how to decouple personal identity from business success. He emphasizes the significance of building a business that is attractive for sale and navigating the challenges posed by AI in the industry. The conversation also touches on the influence of the book 'Profit First' and the necessity of knowing key performance indicators to drive business growth.


PROFITABLE TAKEAWAYS...



• John Doherty has built agencies generating over $50 million.
• Understanding your business numbers is crucial for success.
• Decoupling your identity from your business can lead to better decisions.
• Pricing strategies can significantly impact profitability.
• Building a business with the intention to sell can create value.
• AI is changing the landscape of business and marketing.
• Labor efficiency is a key metric for service businesses.
• Profit First provides a framework for running a profitable business.
• You can often double your pricing without losing clients.
• Confidence in pricing comes from understanding your value.

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