103. My 6-Step System for £500k Revenue, 200k Profit and a 10-Hour Work Week
Description
Are you trapped in the belief that growing your financial advisory business means more clients, more hours, and more stress? I'm here to tell you that is a story you've been sold, and it’s not the truth. You can scale without the burnout, and in this episode, I'm showing you exactly how.
I’m pulling back the curtain on my proven "Scalable Six" system—the exact framework I use to help financial professionals hit the 500-200-10 target: that’s £500k in revenue, £200k take-home pay, and just 10 hours a week on client delivery. I’ll walk you through all six essential steps: Profile, Productize, Price, Position, Promote, and Profit. Each step is a link in a chain that, when connected, creates a smooth, predictable, and highly profitable business.
Forget the hustle culture. It's time to build a smarter, leaner business that gives you both the income you deserve and the freedom you crave. This episode is your practical roadmap to transforming your practice from a source of stress into a vehicle for your ideal life. Let’s dive in and build the business you've always dreamed of.
Key Takeaways
- Stop Selling Hours; Sell Outcomes: Productize your service into a repeatable package with a clear transformation, then price it based on the immense value and results you deliver. "You charge for the outcome, not the hours that you're working, because hourly rates keep you stuck." - Amanda C. Watts
- Define Your One Ideal Client: Stop trying to serve everyone. "Profile is about knowing exactly who your best client is. We're not talking about working with everyone. We're working with one clear type of client." - Amanda C. Watts
- Position Yourself as the Expert: Create your own named methodology and a powerful one-line statement (“I help X achieve Y without Z”) to stand out as the go-to specialist in your niche.
- Implement a Weekly Conversion Event: Stop posting randomly and start promoting strategically. "The best plan that you can have is one conversion event every single week. If you don't have a conversion event, there's no way for people to buy from you." - Amada C. Watts
- Profit is a Habit, Not a Leftover: Implement the Profit First system to pay yourself, your taxes, and your profit before your business expenses. "Profit First has a core principle and it is: profit is not what's left." - Amanda C. Watts
Want more? Join THE FREEDOM TRIBE
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- Global Community Of Peers: CPAs, accountants, fractional CFOs, bookkeepers and finance professionals from all over the world sharing ideas, best practice and innovations with each other.
- Digital copy of Amanda's NEW BOOK, the Business Advisor Playbook: 300+ pages that will transform your approach and share the strategies you need to create, sell and deliver business advisory services.
- Digital copy of 500:20 0 Model™ Guide: My tried-and-tested formula for taking home at least 200K with business advisory revenue of 500K.
- 12 Days Of Business Advisory video series: that walks you through creating the perfect advisory offer.
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PLUS: There are a few other surprise bonuses that can be UNLOCKED once you are inside the community: Get Clients Course and 5 Day LinkedIn Challenge. Super excited to see you there, and looking forward to helping you achieve all that you want in life.
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