If I Wanted To Scale A Service Business In 2026, Here's What I'd Do | Ep 999
57m 0s
Kyle and Ariel, founders of Couple Pranours, help entrepreneurial couples grow their businesses while improving their relationships. They generate $480,000 in annual revenue with 43% profit margins but struggle with high customer acquisition costs, inefficient marketing funnels, and being time-constrained due to offering highly personalized services, including unlimited Slack access. Their primary challenges are a lengthy cash conversion cycle, low attendance rates at their lead-generation challenges, and maxed capacity from custom coaching. Alex suggests streamlining their premium offer by removing Slack, reducing less-valued group calls, and focusing on quarterly strategy sessions combined with two annual in-person getaways. This repositioning as "marriage insurance" aims to enhance value perception, reduce delivery time, and allow the business to scale more effectively while maintaining profitability.
This is Kyle and Ariel, a couple who runs a business that helps other couples who run businesses. They currently do about $480,000 per year, but they're stressed because it costs too much money to acquire to customers and they're maxed on time. I'm Alex Ramose, I'm an acquisition.com, it's a portfolio of companies that generate $250 million an aggregate revenue per year. And I just have to note a little bit about the couple for an air scenario since I started acquisition.com and Jim launch with my wife, Layla. So I figured they got to fix their offer to make it more valuable to their customers and make it more scalable so that they're not responding to individual tax messages just 24 hours a day. Dum, dum, dum, dum. Hi, sharks. What's up? Hi, my name is Kyle. I'm Ariel. And we are the founders of Couple Pranours. Over the last 12 months, we've generated about 480K in revenue, 206K in profit, which takes us to about 43% profit margins. Okay, so who do you help? We help entrepreneur couples. So these are couples who either run businesses together or couples where each partner owns their own individual business. Typically the businesses we work with do about 150K annually minimum. And their primary desires are to make more money in business, to work better together as a couple, and to free up more time for each other and their family. Do you know who's the one who tends to be attracted to the message? Is it the female or the male? Usually the woman, yes. First interest to you. Oh yeah. I figured. So how do you help them? We help the couple grow businesses as a couple as efficiently as possible. So we do this with two offers. The first is what we call the rise together mentorship. It's a 12 month program that consists of weekly group coaching calls. And this program is really focused on helping the couple work better together and just improve their working dynamic. Our second offer is called the Couple Pranour Accelerator. This is also a 12 month program but it's much higher touch and the main focus of that program is developing a business growth plan for the couple that's based on their business model, their strengths together as well as their schedule, and then helping them and coaching them through the implementation process. We do also have annual live in-person events. Our next one's actually coming up on April 10th and 11th of this year. What's that included with? So we invite all of our clients to that but we also sell tickets to it as well. And interested. And do you use that as one of the bonuses for our both levels? Yes. Yeah. That's a fast option. It's interesting. Interesting. Okay. For offer number two, the Couple Pranour Accelerator, we customize an action plan based on the couple's schedule, the business model that they want to approach as a couple. So we're heavily customizing an action plan on the front end for offer two. I want to take about a total of four to six hours to go through everything and then do a call with them. Yeah. And then the other time constraint in offer number two is the fact that they have access to us in Slack, like periodically throughout the week. Yeah. Periodically. What does that mean? That means at any point they can ask us questions. Yeah. We respond. We tell them we'll respond within 24 to 48 hours but they do have daily access to us. You're slacking all that. Yeah. Pretty much. Yeah. Ding ding ding. We have problem number one, which is that they have given unlimited unfettered, unrestrained access to them personally, which makes it very hard to actually run a business. So maybe we might be able to sell people something they still find just as valuable that they're not going to use all day all the time. How do you make money? The rise together mentorship is $5,000 if paid in full or 12 installments of $500 a month for that the couples get weekly group coaching calls with Ariel and myself and the rest of the community. Which is split. Oh, it's about 50 50. We also record those calls as well. So we'll take the call recordings. We'll upload them into a training portal where the couples can watch a replay and they can get access to other templates and cheat sheets as well. We have a private Facebook group for accountability based on the steps that we give the couples per week and we also do these fun things called quarterly date and night challenges. Yeah. This is where we incentivize the couple to go on at least one date night per week. Do people like that? Oh, they love it. It's like their favorite part of the line. The date and night challenge is probably like the number one thing that keeps people buying for sure. Yeah, we're going to we're going to talk about that. So with this cheaper one, basically it's just a weekly call. Yeah. Yes. That's what they get. Yeah. The Facebook group's mostly community and then our customer service person holds them accountable. Oh, look at the song with the second one. We do the quarterly date night challenges in both programs, but we also do a lot more in the couple per-nory cell litter. So that's 25K paid in full, $2,500 a month if they choose the payment plan over 12 months. And that includes quarterly two on two private strategy calls where we map out their action plan. It also includes weekly small group coaching calls which are mostly just Q&A based. And we also hold them accountable to the weekly priorities inside of Slack. This is also where they can ask us questions. If you eliminated Slack, how much time would you give it? Probably what? 40%. It's also the cost of disruption. I will say those Slack is usually people's favorite thing because it's like having us in their back pocket. I like where you're going with this stuff. We're going to take some axes out. That's music to my love it. They made the mistake of running out of time on their high touch thing and then making a low touch thing. And the cost of car customers for the low touch thing was the same as the high touch thing, which mean all their economics of the business stop working. And so the real constraint they had originally in the business was that they were supply constrained. And so rather than solve the supply constraint, they basically just built a whole nother product. What they probably should have done is just say, I wonder if we could sell the same thing without all of the demand on the backside for our time. If we did that, we could sell three times as many people. So cool, do that. If you were to talk to my team, you would know that the number one question I ask when they just vomit a whole bunch of information on me is I just say, what problem are we solving? When they decided to start this other product, they might not have been clear about the problem they were solving or asked the second question, which is, can we just solve this problem in another way that doesn't include starting an entirely new business and entirely new acquisition strategy and making another product? And the answer is yes. So how do you get customers? So we use a challenge funnel, which means we use Facebook ads, we run to a five day free virtual challenge that we host inside of a Facebook group. And then we on that challenge, we do teaching, training, Q&A, and then we lead two assails. How long's each of the sessions? One hour. And what's the drop off between day one and day time? On average, we go from about 9% down to four to five percent. She was half between day one and day two, okay? And you're getting only 9% of people to show up today, one? Yes. Okay. So we'll do about six of those challenges per year and our average ads been per challenge is about 19,440. We do also get some occasional sales from some other places, one of which is guesting on other people's podcasts. We also have a setter on our team who will reach out to people via social media messenger and book calls for us and then we host our annual in-person events, which some sales can come from. We'll percentage come from top versus bottom. I'd say 90 to 99%. We really would love to get Alex's feedback on this challenge funnel because we spend a lot of money on these challenges. Sometimes they make money, but other times we'll lose money and have to spend months recouping the cost. Okay. So what are the problems? So your three primary problems are first is our cash flow cycle, which means it can sometimes take months for us to make back the money that we spend on new customer acquisition. Our second big problem is just improving overall conversion. We've recently noticed some drop-off in attendees for our five day challenges, which are our main way of generating new leads and new sales. Our last big problem is just our own time constraint. We are almost at max capacity for delivering on our services just due to the amount of customization that's involved. Fixing these problems matters a lot to us because we went through what we call the anti-honey moon stage and we first got married, which is where we were trying to figure out how to be business owners, but also still a married couple at the same time. So being able to reach other couples and help them sidestep some of the issues that we went through is really important to us. Okay. So what sales will I say? So how many sell them with? So we do these challenges every two months and this is what a typical challenge will look like. We'll generate about 511 leads and/or registrants for the challenge. And the average challenge attendees are 26. So 26 out of the 511 will actually show up to the live sessions each day. Out of that, we will typically book 12 sales calls, we'll hold 10 and we'll close six sales. And currently right now, between both of our programs, we're working with 42 couples and we've only had four clients churned over the last 12 months and that's really just due to payment issues. So right now the company is y'all. Yes. Zuck. Yeah. You have a CS person in the back and you have a center in the front. Exactly. Yep. What other stuff you got? Anything else? Because we just use Facebook ads to generate leads and sales in 2024. Yeah. Here are the total numbers for the Facebook ads. There's obviously a lot of numbers here, but some of the numbers that really stand out to us is the extremely high cost for average attendee at $815 and our average attendee show up rate of 5.25%. That being said, on the plus side, if people show up, they have a 49% chance of booking a sales call with us. That's why the average attendee to sales call book ratio is 49%. I just, I feel like we're going to be able to fix this. And I think it's going to be really elegant and it'll probably grow the company a lot and make you a lot more money. There's a version of the business that I like that I think would make this great. The fact that you like the day nine, everybody likes the day nine. It's a day five day challenge. Just do it a four hour date night and crush the full five four hours in one pitch. You get twice as many people there. Apparently even moral show because it's the date night and you can still provide all the value normally do and then just as close. So frame it like couples are coming to you for date night. We actually probably break a record around that too. Like in the ad, say we're going to do the world's biggest date night. Yeah. Okay. Cool. I like it. But the thing is that like we actually have to solve this back to front. So I do think it's a better way to convert and I'll get into the tactics around that. But like it's kind of a blare offer. Now the way that you guys deliver and all that stuff, five people like it. But I'm just looking at like what am I getting here? I'm not like super stoked about it. I'd rather solve for like we have this other thing that makes us a ton of money. How can we pair that down so that we can still sell that at that price point but have five or ten times the capacity? We're going to go deep dive on the offer. So the back end high ticket offer. So right now we have slack. The calls. Yeah. Right? Two on two. Yeah. Quarterly two on two. Quarterly. Okay. And how long is that? The first one is 90 minutes. Every other one is one hour. Okay. Got it. What else is there? Weekly group calls. Weekly group. Okay. That's not that bad. All right. What else is there? I would say the group is whatever. Yeah. There's some modules. It's everything. Yeah. Online modules. And then in addition to the two on two quarterly calls, the first one, we do a deep dive looking at their website. And that's the fourth to the entire thing. Yes. Yeah. So we'll go deep dive. So the first feels like a separate deliverable to me. Yeah. So the first quarterly call is longer and it takes more prep time. So I'll just say this times three and then that one times one. Yeah. Okay. This is current. There's also this other piece because you have this bonus of in person. Right? Yes. Yeah. So what I'm doing here is a fried dive into recreating an offer. I'm actually going through the process to live with them, which is I want to understand all the resources and assets that we have at our disposal. In the offer's book, I cover this in creating your grand slam offer part two, the Trim and Stack. The first part is listening out of the stuff out. And the second part is, okay, now we have all these list of things. How are we going to cut it and combine it and package it so that it's the leanest and the most viable because fundamentally we don't want to just like offer a ton of stuff. We want to offer the few things that people really want and then just remove everything else. So this is the $100 billion scaling robot and they are at stage three stabilized. So they have a very small team one to four and let me read some of the constraints they're probably dealing with. People aren't buying fast enough, which is the cash conversion cycle. So they're not getting paid fast enough. They're wasting time with bad leads. They don't have enough time to talk to good leads. They're not sure what to fix. Everything's going wrong, right? And customers feel lost. Now this one, maybe you don't feel as much on the customer service side, but they've made up for that by just providing full time, slack access at all times to them. So really, they're feeling lost. We can fix the thing that they complain about most from a product perspective, which is this is partially they're complaining about it. But it's also from a customer angle of what are all the things that we provide the most value and then recombining those to make the most viable offer to start on basic qualifications, right? So they had this cheaper thing. It's like, well, who do we really want to serve? Let's make a product for them, not a product for everyone, which then ends up serving for no one. By the way, if you want to know where you're at on this scaling roadmap, it goes from zero employees all the way to 500 plus and we break it down by eight functions of product marketing sales customer service, IT recruiting, human resources and finance where people get stuck there and how to get through it. This is my gift to you. It's absolutely free. You can go to acquisition.com/remap. And if you want my team to actually help you with this for your business, you can schedule a call with them and they'll dive into the business. And if it makes sense to invite you out, we will and maybe we'll see here in Vegas. I think you're messing this one up. I think this is one of the most valuable things you do. You could functionally charge $25,000 a year and have two getaways a year guaranteed. And so you could say, like, think about this as marriage insurance. We're going to do all the other stuff. But you guarantee yourself that you're going to have two amazing times per year and when you look back on your life, most of the muds kind of blend together. It's just the little spikes that are the moments that you remember. That's what we're going to help you build. I think we do two x per year in person. And I think you should position it like getaway rather than conference. Yeah. Okay. And it also you guys will have a great time to get away too. So I like how it'd be fun for you. So what I would do if I were you guys is I would go do the whole experience with them whatever two days and then stay two days after for you guys. And one wine we want. And what do you think you're going to do at the in-person event when they're all there at the moment just planning on doing renewable sales. Yes. Yeah. Good. That's how we're going to do it. And so basically we have two in-person events or eliminating slack. That's for sure. Screw slack. That's so good. Thank you. Yeah. You're welcome. I think you feel lighter. I would almost rather you get rid of this. The weekly group calls. Yeah. Because I don't think anyone's like I'm staying for the group calls. You're right. Yeah. They probably stay for this. You're right. Because when we survey our clients that we do group calls are usually those things. Let me tell you a secret. What a lot of people do is that they will try and add as much as they possibly can. The goal is value purpose. Basically the way that I think about it is each thing we add on its own should be worth the price of the whole thing. Simplicity is the ultimate in business. Simplicity makes for simpler marketing. It makes for simpler selling. It makes for simpler delivery. But the problem is that complexity always rears its head. People want to overcompicate things. You want to have four or five benefits in one app because you think they're all important. But the reality is that you weren't able to prioritize the one that mattered most for the specific avatar. They are trying to advertise too. We could include 100 things. But there's typically only one thing that gets someone over the hump. People decide to buy because they hear something that, "Ooh, that's the one." And then they're in. And so we just want to make sure that we make those details as compelling as humanly possible and then limit the details that we choose to talk about. To quote Jack Dorsey, founder of footer, "Make all the details perfect, limit the number of details." The main value ads are we're going to meet with you. We're going to do a deep time. You're coming out twice a year. Yeah. Love it. If you want to have the group, I would say this is like for y'all, but like this is not support. This is not like you tag me in every single post kind of thing. This is if you want to connect each other, then this is the way basically you're more creating the experience. Then you are doing a whole bunch of stuff in there. Okay. So I think we go deep dive, which is fundamentally just a long boarding. So you want to do that anyways, right? Two and two quarterly times three. And then you have the group, which is not going to be a lot. Okay? So if we're looking at the total delivery time, this is 60. So this is three hours. Right? Let's just call this six. That's nine hours. And then you have the two events a year. So basically, let's just call it 10 plus this is fixed between everybody. 10 hours per couple is the cost. You make 25,000. And so realistically, the cap is going to be these two. This is now the new cap of the business. Not all this other stuff. So how many quarterly costs can you take? The first initial strategy session does take, you know, considerable amount of time. But after that, I think we could do five per day. You wouldn't do five per day. You wouldn't do it. Like you can do it physically. I'm saying what are you willing to do? I know you can do physically. I'd say five two per week. He's at five a day. I'm like, okay, so we have a 12x differential between you guys. Maybe five per week. Yeah, five per week. And you do one day where you just do five. Yeah, exactly. We try to match them. So that means that you'd max out at 60 because you're doing 12 weeks, one a quarter times five. Right. So that max out to 60 clients. I don't love that. Yeah. I'd love to be hard and love. How do we get you to 150 clients? That's what I'd like to reverse in here because we get you to 150 at 25. Let's call it 30 because a lot of people are going to be on payment plans. Then that takes you to four and a half, which is 10 times what you're currently making early on, which feels chill. Yeah. That feel on my scale of chill. It's tough. Yeah, I mean, it's pretty chill. So 12 weeks, if we could get to 15 a week. Now again, this is what we have to deliver on. We could do a smaller group of four and have it be 90 minutes. Because then in on Monday, you could do 490s, six hours, and see 24. And 24 times 12 is even more than that. When you are supply constrained, you can either raise the price. So if you were people buy and the people who buy you get paid more for or you change the ratio of delivery, meaning you go from one on one to one on four to one on six to one to many, or you productize or you hire people. So we have a lot of different ways that we can solve a supply constraint. We're going to change what we deliver and make it into a product. We're going to change what we deliver slightly by delivering it to more people at once. We're going to keep it the same number of people, but we're going to raise the price we make more per person. Or we're just going to hire somebody else to do it. All of these are potential solutions. But I'm going back and forth with them to figure out which one makes the most sense. They were a little bit cash constrained and I didn't get the impression they wanted to have a big team. The next one is the price. Now they were already struggling to sell the higher ticket thing. And so, like I don't think we have room to go three or four times as high because that's what we would need to do in order to make a pricing move that would make sense. So this one's out. And then we have the product sizing. Now they already did a productized version, but they can't sell it at the price that they're selling their expensive thing. So this one's out now. This is basically the only thing that's left on the map that I see as a high likelihood solution for where they're out right now, which is why I recommend. The other factor I guess to consider is our dream state of this business wouldn't necessarily involve us being so heavily involved in this one day a week. True. That's true. Yeah. I'm working on one day a week here. Yeah. Yeah. No, I would be like, millions of dollars and we're one day. I'm like, okay. That's fair. That's fair. Yeah. Our goal is eventually to be able to have coaches that can deliver on it as well. Yeah. I will be super candid with you. Please. Most coaching businesses fail at scale. And it's because if you have some unique skill set or your person out, whatever it is, like your X factor. If it's easy to teach, it's not valuable. And in order to have coaches who come in who can deliver the same level value, it's going to be hard to teach. So either you're going to have the issue of like, I'm going to bring someone in and they can walk with the customers or more likely, you'll bring someone in and train them up in a weekend and they'd be like, this is now the person doing delivery. Now then you're going to claim it's your system and all the other stuff. I've never seen really anyone get above 30-ish million a year in that space. Okay. And so the people who get above that typically have a more distributed model. So what I mean is this is Y'all's X factor. So let's say we have all these little shot glasses here and on the other side we have full, full same size bottles. Okay. Scenario one, I just pour this into the shot glasses. Okay. Scenario two, I pour it into the big glasses. Then I take this and fill it up to the top so that it's the same amount. What you end up having this is the coaching model. You're going to get the same amount of time, you're going to get this person, they're not as good as me. It's going to be really deluded X factor. Versus, would you rather just have a little bit less, but you have the full me, the full X factor. And in my opinion, this model still is better because then you just keep getting better. Now if you're like, okay, well, we don't want to be key man. I'd rather get you to 4 million a year. Yeah. And then we can deal with that problem. When he did the whole Gatorade analogy, that was very powerful because we don't want to dilute the value of what we offer. And for many coaching businesses, you feel like you have to just by hiring other coaches to coach for you. So that was a really powerful paradigm shift. Every one of these solutions that I just outlined have businesses that have succeeded with them. The question is, which problem would you rather solve? If you decide to do the hiring path, then you're going to build basically a firm of partners to do this service for other people. The problem is most people who are in this world who are influencers or creators, whatever, they have some sort of X factor. And people come for them. And so when they try and hire staff, they just say, oh, here's my buddy. I spent a day with him to try and teach him my method. And now he's going to deliver it. If this is such a complex method, if you can train somebody up on it in a day or two, it's probably not that complex. Or it is that complex. And you're just saying it's not that complex and just putting them in front of customers because you don't want to do it anymore, which is laziness. And also you're probably not paying them what would be required to get somebody's actually as good as you were better. And so the business you build here is a recruiting training and culture business. If you want to have a productized version of this, then you're going to be leaning heavier into marketing and sales because the delivery is going to be more or less automated or productized. This allows you to scale more easily from an acquisition perspective. But then you got to learn how to market and sell at a even higher level. Then we have these two. So if you're a pricing, then what you're really going to get into is the branding business, right? Because in order for them to command super premium prices, let's imagine they only have a hundred customers. They say we never want to get over a hundred customers. And we want to grow this business. It's like, well, then the only thing we can do is just keep jacking price in this scenario. But the only way we're going to get people to continue to buy is that we have to reinforce this brand loop where every time we have these hundred customers, their lives improve by so much, they create these amazing stories for us. They bring their friends and then over time because we have supply demand, right? As a nice little X factor here, the price would continue to go up as demand increased, right? But we're keeping supply fixed. Now the ratio, which is what I recommended for them, I want to say kicks the can down the road. And what I mean by that is they're just going to get better and better just because you get more practice if you're the person who's got the X factor. And so they're going to get more practice. So even though people are going to get shot glasses of them, it's going to be more and more concentrated shot glasses, which means they can keep dividing it over and over again as they get better and better. And so the value per person actually can stay fixed as they improve. Ultimate version of this is, look at Tony Robbins' business, right? We got one guy and he's on stage in front of 10,000 people and they all pay $5,000 to be there because he can command that price because he's so good on stage that people are still thrilled even though they're in an auditorium of Izeleon people. In the ratio of business, the business that you're really building there is they're just continuing to do what they're doing and they're just going to be able to drive more and more profit in the business. And we personally enjoy the events probably the most. This would probably be my V1, my V2 would be, can we just sell three? And then I would just basically position it as, listen, right now you're not spending the money because and you know you should. This will guarantee that you have it and also you split up the day so it's 50/50. So it's like we're going to be doing some stuff together but like it's also Yolts vacation. So take the day. The thing is is like it's okay because you block the like the values you made them block the time. Right. And come out and do a make a cool experience. When Alex said don't worry about key man risk, we felt a sense of relief because we felt like we had to just take what we do and go multiply it with other people but realizing that we can just not have to worry about that right now and focus on what it is that we do best and grow the business in that way makes it feel a lot more simple and allows us to again just do what we love to do and serve the people that we love to serve. So I think this is V1 but let's solve the money thing here. If you're willing to do two days a week then that would get you to 120. So that's H2 to three-ish month. It's better than five days a week at what we're currently at. Yeah. Yeah. Love that for you. Okay. So this to me is this is no longer the back end offer. This is just the offer. That's the thing one. By the way for the record we do like serving our clients. So it's not like they're bothering us. Of course. Of course. Yeah. Clients they're very happy to solve it to deliver and they're very grateful and congratulations for everybody who got the 5,000 longer thing. Yeah. It will never be sold again. The second thing is going to be our acquisition model. Okay. So you guys are doing the 5 day challenge. So if I wanted to make the lowest risk bet. Yeah. My lowest risk bet would be run the playback again and now sell the thing that you should have been selling this whole time. Okay. Okay. Okay. If I wanted to be spicy, which why not? Yes. My spicy version of this is you run date night and you make it two to four hours and then you just pay try at the end. So the reason that I'm a big believer in this is that there's a certain amount of information that someone is required for someone to make a decision. We can spread that in five hours over five days or we can do one five hour session. If I had to pick between the two, I'd rather do the five hour session. Yeah. And mainly reasons because like I can weave a lot more things in. I get like you're kind of like in state, you're in flow. It's top of mind. You're like they're rather than having to remember each time to come back to this thing. And so you would also have twice as many people that you'd be pitching to. If your position is the date night, no one's all I'm going to do this date night for 60 minutes. It's not date night. So I think having it be extended, you already have permission based on the nature of what a date night normally is. So this all makes sense. This is your activity for the evening. We got you covered. This has already been demonstrated across lots of industries that just super long single day or half day events can be incredibly compelling for selling very high ticket things. When someone gets three or four hours with you in person, they get a pretty decent vibe about you and your expertise and whether they want to make a buying decision. So they would actually do a real date night in just a month. Yeah. And we're just talking through a different. Yeah. And I think you do it on like this would be like, break all the internet marketing rules, but you're doing like a Friday night. Yeah. Now if that's hard, then it's like you could test it and be like, is there a sin it? But from all the math that I've seen, doesn't matter what day you run it. Or so you can believe whatever narrative you want, but at the end of the day, I don't think it's going to matter. Okay. If we do do tomorrow, I'd say just run the play already, no, it's already built out and then just offer the better offer. So what we need to do here, and this actually super common a lot of businesses, you have to pull cash before. So number one, one of my preferred methods is you can do lay away, right, which is you can pay on whatever plan you want, but you won't get delivery until you pay X amount. Like until you pay a third, we don't start, but you can pay, you can make it as flexible as you want. But a lot of people are like, I'll just pay a third now and then start the payments. Okay. And then that way you can pull out more of that cash upfront. So we wouldn't even start the service until it's a good point. Right. They can at least put their yes. You could do an homework or something like that if you want. So you're just to be like, hey, congratulations, we're excited to have you. Yeah. You know, why I do this community, but we're not going to start doing the deep dives and all that stuff until until you until you the way that that would help solve the cash flow issues, the idea is that most people will be like, screw it. I'll just pre-pay the first quarter. Yeah. Okay. Now that's kind of option A. And I would just recommend doing ask for the quarter upfront, which is basically the way that works is it's nine K down. And the reason we do this is because the deep dive we do is really intense. And it costs us the most out of everything that we're going to provide for you. All right. In terms of our time, basically you sell that and then I would just immediately start the payments, whatever it is, $2,500 or $3,000 per month after that. But I would start immediately. It's not like you pay nine, don't have to pay and then you have the next thing because then you're going to have a turn. Yeah. Okay. The thing here is then you down sell lay away. So if they're like, I can't pay the nine K now. No worries. Just make three payments and then we'll kick you off. Okay. And that's cool because you're also probably going to come up soon to one of the event dates. Cool. You're pre-paying this. You're going to be doing a vacation anyways. My is what it's like. Think about like a savings one. I don't think we need to complicate this anymore enough. Basically the fast action bonuses you start now and we do the deep dive immediately and you'll qualify to come to our event. So if we have an event in two months, everybody who pre-payes can attend and gets the deep dive. Yeah. And you're always going to have one within four months anyways if you're doing three years. Yeah. Okay. So the only way they come to the event or get the deep dive. They got it at least. Okay. Yeah. This pay. Okay. Okay. Next thing is we're going to go acquisition. All right. Let's do ads right now. What I want you to do is also offer a $2,500 rebate as soon as they sign on and do their first date night. They make a video of them doing the date night and what the experience was like and so then you can use all those for ads on the front end. Oh, I love that. Yeah. So you can rebate. So it's like it's $3,25 but you get $2,500 back as soon as you send us the video. And it's and it's and you obviously gives permission to use it. Don't talk about money. Just talk about the experience. Talk what it's like. Okay. And you would add the rebate cost on top of the yeah. And then you got it. I got it. Okay. I'm a big believer in making ad machines in every business, which is like I want to have the normal function of the business create the marketing for the businesses. I want a fusion reactor. I want something that can just self sustain. I don't want to have inputs that's always me to drive the business forward. And so whenever I can wherever I can in a business, I want to create some way of documenting stories, narratives, emotions, outcomes from customers. Think about how it works in sequence. One person advertises that's me. That starts the engine. Customer comes in. Customer has great experience. That experience gets documented. That experience gets advertised. That experience from that customer gets the next customer. So the only thing that's really required to get the business started is me just doing one big marketing push. And then after that, the snowball rolls on its own. Okay. So if we're looking at these ads, do you guys ever run video? We've tried, but it hasn't performed as well for us. Yeah. So I'll tell you a secret about video. Video has higher volatility than images do. But your best ads will be video and your worst ads will be video. So video outperforms images if they're good videos. Images outperform videos if they're bad. You guys make content, right? Yes. Okay. So can you pull up their Instagram? What's your best one recently? The one to the top right. Okay. There we go. To any man who's married to a strong woman, here's a new lesson I've learned about masculinity. Your wife's strength does not have to compete with your strength that actually compliments your strength. The strength of your wife does not threaten your manhood at all. In fact, the more you encourage her to flourish in the areas that God has gifted her in, the healthier your relationship will become. So when you lead from this place, a place of collaboration, rather than a place of competition, you actually become the strong man that you and she wanted you to be in the first place. Love this. So now all we do is take that, run this and add and then put a five second CT at the end. My wife had been working together for this many years. If you're a couple of an entrepreneur and this resonated with you, come attend. We're doing a four hour date night. It's going to be awesome. Like we're trying to do World's biggest night. Either way, it's going to be a blast. Yeah. Just putting in information. We'll send you a couple of texts to remind you. And we'll see you there. Perfect. Love it. Love that. What I want you to do is because you guys are cash constrained right now. How many pieces of content you put down a week? Like two. Okay. So what I want you to do is get to at least one a day. Okay. You're going to use that as your free testing ground. You're going to take your highest performing clips and then run those ads and just slice the CT at the end. Got it. Okay. Okay. Okay. Perfect. So we're going to we're going to repurpose best performers. Did you get any business from that? No. Is there any post that you've made that has gotten you business? And closest we got to that was a podcast interview that we did where the podcast hosts themselves loved us so much. They hired us to go. Okay. Got it. So what I would also do is I want you to take that podcast and slice it up and run the moments as both organic and ads. That's the ad side that I would do now. Obviously I think you should also make normal ads following the standard ad for ticing process that we outlined in our lovely leads book. You can still do the images. I would just run a ton more of them like how many images were you running for this? Normal campaigns we do probably like 12 to 16. So I would probably bump the end on that to like 100 images just because like you just have no idea. Literally just open up your iPhone. You have probably a gazillion images of each other and hanging out. Literally run all of them. Okay. Okay. Just open all of them on the image side and then this with the organic that will give you a good amount on okay. So I think if we just did that you'll probably be good to go. Same app. Yeah. That is pretty your highest performance. The copy usually needs to change very little. I'll take you for school last year. We spend tens of millions of dollars on ads and we never change the copy once. Wow. Okay. Once the copy is right you just keep changing the creative because it's like this is the message that resonates. Yeah. Now we just need to get it in front of different people in different ways, different hooks in terms of the creative but like the actual words on the copy. More on the same. Let's do funnel which is not really existing. Okay. So I do think that part of the reason that y'all show up right is so low is because you don't actually have a page. Yeah. So lead form opt-ins tend to be the lowest quality overall. I would bet that you could probably get some of the number of 25% if you run them to funnel. Now that being said you'll get cheaper options here but you won't necessarily get cheaper sales because you track CPA right? Have you ever done it to a funnel or not? Yeah. Actually the reason why we currently run lead form ads is because when we track the CPA all the way to the back end the leads that opted in through the lead form were the lower CPA. Okay. And I qualified to it which is weird. Like even our agency said we'd never seen this but okay. It's not common. Was that one campaign that you did that on? No we split tested it for a year. Yeah. No one. Because I even thought it was like this makes no sense. It doesn't make any sense. Yeah. Well then I'm not going to mess with it. At the end of the day the actual percentage shows and things like that don't actually matter. The only thing matters is cost to acquire and would we be okay with a $1500 CAD on a $2,500 CAD thing? Yes. Would it be cool with a $2,500 CAD on a $2,500 CAD? Yeah. Sure. And now that we have the 9K we're going to get way more of those up front. Yeah. So here the common theme between probably a lot of these different kind of episodes that I run with business owners is that there's many things they could potentially improve in the business but there's usually one or two that are the big levers on growth. And for Kyle and Ariel it's the offer and the creative. So make a better offer, make better creative, better creative gets us better leads, better offer gets more than to buy. We sing happily ever after as butter worth draws my bath. And for now I'll say this. I don't want you to change it. I want you to stick with what we have. Make better ads, have a superior offer. The main test that we have to basically make the decision on which we will buy the end of this is do we want to run the same play again or do we want to run the four hour date night. It's hard because we've been just following here's what works. Yeah. Just keep doing what works until it stops working. Right. We'll shoot. We'll have stop working. Yeah. Now I'll bet you that the messaging of the five days probably converts because your conversion has been fine. It's been like a tenets and stuff. Right. And so for me I'm like okay well I do think that there's probably way more people running five day challenge stuff and say that's fairly typical. If you were to run it as a date night I think that's a unique angle that is unique to your business. You can still do the same amount of kind of presentation time as you normally would probably slice some stuff out too because you don't have to do intro outro every time. Yeah. So probably is three hours of quality content out of five. Yeah. So this is like great and then you can just do a wrap-up pitch at the end. If you change nothing you'd have twice as many people there for the pitch. If the date night converts better than the challenge then it'd be even more. How much of this is like a date night fun activity versus like what we do during the challenge which is very like tactical heavy objection handling sales but you know all that kind of stuff. Well you still provide value. Of course. Right so just do that. Okay. You can probably re-friend the front a little bit. Literally just the introduction and the rest of it can probably be the same. If I started I was like hey everybody welcome to date night. If you're anything like us date night is not business or fun it's both and so we're gonna do that together. Alright so let's start and then you can do your end right so it's I think there you go just merged it and now we're perfect. That's a great friend. You literally need a friend. That's it. So once you're up self percentage from the in-person events that you have now. So our in-person events I've held two so far last year was the first time we had the lower ticket offer. We focus way too much on production and providing value and like barely pitched. Okay. We weren't that intentional so therefore I think we only sold one of the higher tier program at our last event which covered the cost but it'd be good to like do a lot more. How many people would you close in general out of the people who attended? I mean it would be like one out of 50. No but what about two renew on the lower ticket thing? We didn't. Oh only one person total. Yeah. Okay you definitely didn't pitch. Okay we did pitch. Yeah it was we went to self and I know you saved. You're gonna pitch pitch and not don't. Yeah. We screwed that up. Yeah. So how many days is the event? Two. Alright so number five is me renew. So this is me just planning ahead. If you just do the stuff we were talking about like business will probably already triple or more. Okay. I'm not trouble. Sorry if it's three million then it would be more than that like seven or eight. X. Okay so you've got day one, you've got day two. Intro is gonna matter a lot. It's one of the most important things of an event. It's just a long people away. Be on top of it. It's a lot of little details. Yeah. Yeah. Green by name have specific facts about their business, about their marriage that you bring up to each person. I would try and have a list of people that you can tag so that do you have help for these events? Yes. Yeah. Take the list of people. We're gonna be there. Brick them in a different roster. It's gonna be like you're on A, you're on B, you're on C, you're on D. You can give different layered colors so that they can basically know oh this is green, this is blue, this is yellow, this is orange. And then you're in charge of yellows, you're in charge of reds, you're in charge of oranges. Make sure that you tag along and they have a little list and they have the two facts that you're gonna bring up to them. They're like damn these people are on top of it. Yeah. And so that's the in between. So you'll have your intro, you'll have meet one, meet two, and then you have your break, and three, and four, and then you'll probably have your pitch, and then you'll have another intro again. Sorry. And one, and two, and then you'll have lunch, and then I think here's where you do a soft free pitch, and then you do and three, and four, and then wrap. Yeah. Does that make sense? Makes a lot of sense. Yeah, I would say here I would do a dinner of some sort. People who buy get to go to dinner with you guys, so reserve a nice place. So that gives them a media reason. And then here, this can you typically be shorter, so this can usually be like 15 to 30 minutes. That's just my team tells me X, Y and Z for a semester day, so I wanted to handle some of those things up front for you, but I'm gonna try and print this in a way still to go. And so it'll help you with your business too. Yeah, I like that. So teach while simultaneously overcoming objections. Got it. And that's what the repitch is. Yeah. Now for this French, would you do the full hour? You don't typically need to. Oh, okay. I'm a big believer in just provide value. I think stories and narratives are really powerful here, frameworks, things like that. And then basically at the end, I think just having like if today was valuable, do you mind if I just tell you a little bit more about what we do? Sure. And then you're talking 15 minutes, stacking clothes. That's it. You basically just make the offer, let them know how to get it. It's called action. And then come to dinner with us. Yeah, everybody that does it. Yep. That's a huge relief, because in my mind, I'm like every single thing we do from start to finish, we have the structure in a way that I like lead to it. But for right now, you haven't sold anyone. Sure. And so we're gonna start with just selling. You have an offer. And then just asking again. And we're gonna leave it there. For now. Okay. Yeah. Of course, if you weave in some like in the examples that you use in each of the media sessions, you're like, okay, like you want to weave in the different avatars, both psychographic in terms of what are the belief systems that these people have. And then also, what are the typical problems that they're dealing with? Because that'll be different too. And I'll bet you of the three if I had to pick for diversity, that would be the one I would want to make sure I had the most diversity. And the biggest one is going to be the diversity of objections. These ones where their business was crushing it, but the marriage wasn't. The other ones, their marriage was crushing it with their business. Right. And actually causing problems because if they just had that right, they'd be good to go. Yeah. Other ones. Let's talk about kids. Basically hitting the different things that someone's gonna bring up. Okay. Okay. We all have unspoken limiting beliefs, and the difficulties recognizing them, I think this is in my book. My favorite quote of all time that I will likely be online, my tombstone is the value equation, which is we question all of our beliefs, except for the ones that we really believe in, and those we never think to question. And so I think it's such a powerful statement because we are limited by invisible chains of our own making. And so many times in my life, I've been living inside of a cage that I didn't even know existed. And so they are enslaved to this business right now because of their beliefs about the fact that it must be this way or that there is no possible alternative reality in which they could sell people and help them in a non-101 scenario. And all I wanted to do was just bring an evidence from other scenarios where people get more help from being in larger groups, not one-on-one, so that people could not be ashamed. But these blocks exist all over the business. It could just be from the price or no one's gonna like these ads or no one's gonna want to buy this offer. It's like you don't know until you try it. And if you're not sure, just look around because if you're in a tremendous amount of pain, then you should be incredibly motivated to disprove the belief that you have that there's a way to solve this problem. Now when you say renewal, are we renewing into the lower tier offer or should we - No, I think you should only ascend. - Only ascend. - Only for the existing and I would just let them know, hey, we're sunsetting this. And so you guys bought a year or whatever it is. And so the nice thing is that it's super light on delivery for you guys anyway, so it's not a huge deal and I would sunset it. So those are the big five. So I'm gonna recap before you and then we'll put this in above. Quick question two on the renewals. Like would you do a specific incentive for renewal? Would I have an incentive for a immediate renewal? Yes. So I'll give you a couple of different ones that you could think of. They might think it's more compelling or less. You could say, hey, for everyone here who renews today, we'll buy you first class tickets to the next event or all three events next year. Love that. I actually like it because the experience really does start when you leave home. And so it's like you've got champagne on the plane, you're gonna share it. And so what's the total net cost on that? It's like six grand maybe. So you can keep the price the same and you can add that in or you could say a very classic fast action bonus or something like that. Just not five grand off the price for immediate renewals. Yeah. Okay. So renewals for the high ticket and then lower tickets is for sunset and you just be ascension. Okay. In between right now, add in the quarterly and the deep stuff. Okay. For now. And people will pay 25k for that. For sure. I mean the only other things are modules that are not using calls they don't care about. They do love the slack. The slack. You know, they don't ask us questions. Well, the thing is is that there's things that people might love after they buy and then there's things that people will love before they buy. I'll give you an example. So at play fitness, they have like a pizza night once a week. I think it's Tuesday or whatever. It's like you can get pizza. The reason they do it is because they're like, listen, at the very least you can come get pizza here and it's gonna be cheaper than this membership. You can get free pizza. So it gets people to buy. But then people don't even eat the pizza because they don't go to the gym. So if you're guilty. But the thing is it's a great little stick. The reason why it buys isn't always necessarily the reason someone stays. Now if people haven't been ascending then the slack is takes a good time but it's not causing them to buy again. True. Yeah. True. It's just a time cycle. So from the outside looking in the slack isn't necessarily a selling point as much as it is a something people like after. The reality of it is that you have reinforced them messaging you all day. True. So they message you and then the latency between you responding then reinforces them doing that which means the group is probably not super active. Your slack messages are super active. Yeah. And so it's like we want to redirect all of that activity to the community because think about all the value that lives in all your slacks. Right now it's to no one. So if someone's gonna ask you a question I'll answer for everybody because that question is not one of God. Now the other piece that I would break that you pierced the veil on is we set this up with one on one two days a week. You guys are Christian, right? Okay. The amount of church relationship communities where it's 10 people in a room, 20 people, 20 couples in a room and they get up and they talk. You have AA, super personal people get up in front. I think it's a belief that you have but like couples problems or couples problems. So here I was hidden her from behind. There's gonna be like we're having trouble in bed and everyone knows what it means because the flip side of how I would sell this is one of the hardest parts of being a couple for nerds it's lonely. And so when it be nice to know that the struggles that you have are struggles that other people share too. And to be clear I would use the exact exact was like I'm not gonna be saying like what are the positions you're rotating like have you brought a friend in I'm kidding. I'm saying like like you're it's like all right well she threw her wig on. You know like yeah but like no one's like clutch my pearls they're married. Do whatever you want. And so I think it's a belief thing. Yeah. And it's like you're not talking erectile dysfunction you're just talking about the relationship. Yeah. And those are gonna be commonalities and I think that long term they'll probably feel more kinship they did like they're stuck in the same business issues and the business advice you give helps everybody. The right advice you give helps everybody. Now there is a ratio where it stops being small group and becomes one to many. So basically after like I would say it's seven-ish it's now not enough individual time. I think if you guys did one on four and he did the four 90 minute sessions. Yeah. I think you'd be fine. It's harder to go from one on one to one to many so if you're gonna change it I would just change it. Okay. What do you think about that? If we are currently doing like weekly group calls and Slack there's almost a constant flow of question answering and things like that. If we're just going to quarterly calls and the events there is none of that. It's almost just the experience of coming together at the events and then getting the strategy each quarter. Do you think there would be any pushback from people not being able to ask questions on the strategy that we map out of recorder? Maybe. Okay. Comment on how much does it matter. And so I think again a lot of this comes down to framing. Yeah. And so if I'm going to work with someone for example I'm not going to be like hey hit me up whenever. Because the thing is that doesn't serve you because that means that I'm making all your decisions for you which means that you never learn. Right. You also never learn how to prioritize. If every single thing you just outsource your decision making to me which is not a good life for me or you. And that has happened. Of course it has. And so the thinking process that I would have is by doing it this way you will be fully focused on the fewest things that matter most. Anyone can give you more things to do. It's about doing the fewest things that make the most impact just as much as this for the relationship as much as this for the business. Because like your wife you could probably give this list of 10 things. But if you just said thank you for doing the dishes every single day and maybe pick up the kids once a week. Yeah. Get us some flowers. If you just do those three things the marriage is fixed. Let's just think about how do we remove everything that's preventing you from doing that. So I think a lot of it will shift subtly in terms of how you're presenting it in the pitch. But I would call that out. If you're the type person who's like hey I want someone to tell me exactly what to say to my wife every single day. Here's the thing. I'm not married to your wife. Right. You married your wife. And so if I were to do that I would be doing you into service because you're never going to learn. Yeah. I'm just going to be chat to you for you for relationships. Right. And you know what? You should use chat to you for it because it's not bad. These day-to-day things. What we're here for is for the big decisions. Yeah. That's where we provide the most value. Okay. Because if you look back on your life there's a handful of decisions that created the life you have. Yeah. And we want to make the next handful of decisions exactly what they should be to get to the life you want. That's fantastic framing because I've even told her too that my brain feels like chat to you because I basically answer questions all day long. Tell me what it would be. Yeah. And I certainly is. Along the same lines of that though the best case studies we've had of couples and we're very blessed to say that we have 20 videos of just amazing case studies of people making more money and you know what I'm saying. I don't know if that would have been possible. Had we not held them accountable to taking the steps and stay focused because between one quarter to the next I mean you know how much can shift the people's ship priorities people get distracted whatever. So how do we mitigate that part? So I'll give you a skate valve and then another frame. Okay. So a skate valve if you want which is who here is seeing or heard of who wants to be millionaire. So everybody had three lifelines right one of them was call friend one was you move this distitical. So for us you've got four 911 calls or two. Alright if it's a 911 emergency then Bala means let us know and we'll figure it out. But that way it's on an escalation basis. Again the goal here isn't for them to be dependent on you. The goal is for them to learn the skills so that they can get to where they want to go. Anyone can give you a lot of things to do but that assumes unlimited resources which you do not have. And so realistically all of you guys here let's just be honest you're going to dedicate maybe five percent of your time to this. So we want to crush that five percent so we get the 80 percent, 180 percent benefit from it. Yeah. That's the value strategy. Yeah. Yeah. And that makes a hundred percent sense too as to why people aren't renewing because they feel like they haven't used all of the resources. Of course. So it's actually hurting us. For those angles. Yeah. Yeah. Of course. Yeah. Planet fitness figured this out. But there is this huge amount of big health clubs right and they had racquetball courts they swimming, they had basketball, they had weights, they had cardio. But when they did their research they found out that 80 percent of people just used the cardio mostly and then a little bit of weights. And so they said cool we'll just cater to the 80 percent and we'll dramatically be able to reduce our cost to open and be able to reduce the price and transfer that to the customer. And so what happens is when health clubs are charging $59 a month, $89 a month, people are still only using those two things for the most part. And so we think oh I'm going to have more stuff to provide more value but all you do is create a larger discrepancy between consumption and lack of consumption. Look at all this stuff I'm not using which means I'm not getting my money for. Exactly. Rather than thinking I'm getting all this for $59 they're just thinking I'm only using 20 percent of my $59. And so does it matter what the price point is people still cancel because they just think that they're not using as much as they should 100 percent. So that's why when I went back to the bonuses we want to make sure that the things that we're putting there are absolutely going to be used because they're valuable. Yes. Okay. Anyone who's watching this who has a product you need to pay attention to this. So let's say that you have some sort of mini stack. I like the gym membership because it's a simplest example right. You've got a spa and you've got a pool and you've got basketball, court, you've got tennis, you've got weights, you've got cardio. There's all these things that we have for one low price of $29.99 whatever it is right. The problem is most people are only going to use one of these things throughout their entire career. And so you might think oh I'm giving them all this value for $29 but what they're seeing is that they're not using this. And so this is now waste instead of even added value. And so it's much better to just give somebody 100 percent of what the only thing they want and charge them appropriately for it because now they're getting 100 percent of what they desire. I know this obviously doesn't fix the straight problem of our delivery but what do you think about doing like small group monthly instead of quarterly. So that way it's like setting the plan for the month they execute on it and doing it every month with four couples. You would have the same exact thing as the one-on-one situation. It's easier to change your cadence than it is to change your ratio. So if you wanted to start with we do monthly and it's one on four, she always call. But I just prefer to think like it forces you and it forces them to prioritize. Yeah I do like that. Yeah. And for them to make decisions not rely upon us. Yeah come to us with the big decisions that are going to affect your marriage and business. And our deep dive in the beginning that we start with is we're going to be identifying what those leverage are. That's what we want to talk about. What do you have for dinner on Tuesday. What cool date idea that you're going to have. You've got resources for that stuff. You don't need me to tell you, you should do clay pottery or wine and paint night or whatever that you want to get. You don't need me for that. You could google it. The things that I can actually help you with are going to be the rare things that will have the biggest impact on the life. Yeah. And that's the highest leverage you've seen. 100%. Yeah. For everybody. Yeah. And to be like this, listen if we were to do it where it was one on one and it was every single week we'd have to charge $200,000 for it. It would have made sense. Yeah. So this still gets you the 80-20 of that and then you get all your time there. I love it. Yeah. When Alex clarified exactly what we need to do, I feel like that's going to lead to even more listener relationship because I'm no longer going to be tied to a lot of client delivery. Even though we love our clients, it's going to free up more time for us and it creates a much simpler path to hit our goals as a couple. Yeah. And it allows us to feel like we can move lock and step in the same direction towards the goal and it's a lot of what we help our clients do. So it's cool. Yeah. What would you do with the people that are currently in that offer? Would you continue to serve them the same way? Would you tell them that we're making an adjustment? Like how would you transition that? Here's the greatness because you currently don't renew anyone. Just wait. Well, the thing is is that like it doesn't actually matter that much. Okay. So you can continue to see it like always keep your commitments. Yes. You made a promise you keep it done. But in terms of hey, this is what we're doing going forward. And that's it's a new agreement. Yep. New terms new agreement. Yeah. Believe it or not, we've actually got a complete stacked because we're good. Yeah. And so because of that, we still want to help you. And we think this actually means and here's the thing. And this is where I think people mess this up. They will try it. They will apologize essentially for saying, Hey, we were 101, now we're doing one for us. Sorry. We're just. Yeah. No. This is better. Yes. This isn't as good. It's better. It's better because you're going to have other people. You'll hear somebody else's question to like, Oh, that's a good one. I should have thought about it. Or I need to think about it because the thing is that somebody might have already solved your problem and they're under the next problem. And this also is why we don't need to meet as often because you're going to hear a higher variety of questions being answered. So that when you do have the next problem a month later, you're like, Oh, Sandy, I remember what he said to say. I'm just going to do that. That makes a lot of sense. Yeah. All right. Let's recap this. Be number one. New back end slash front end offer is going to be 25k slash 30k if they do a payment plan. We're going to do lay away as a down sell with three months, which is 9k up front. You can also do 10 if you feel like it. And that's going to come with two times per year in person. One on four quarterly. You can do one deep dive one on one. That's fine. So it's like, we're going to do the deep dive one on one with you. And then you're going to get a group. Okay. Got it. One on one deep dive. And the group. All right. Second thing is we're going to test date night angle. So we're just going to take your five day, put it vertical, eliminate the transitions, and then crush it. Number three adds. So I'm going to split this into two. I think so we're basically more organic daily, which goes into ads plus CTA at the end for 100 plus images from your camera. And then for a new one, you're going to set it up and actually make the offer at in person. And the easiest way to do that is just asking when they're going to come back. That's it. This is the next date. Let's do it. So I think that this is already a 5x on your price because you're going to probably convert about the same amount of people because believe it or not, fun fact, what matters more for the conversion is the first payment. So $5,000. This is $9,000. Really, you're going to be positioned as 2500 to 3000. So the cash for price can be more or less the same. So just me just trying to get you to believe. All right. First, I like this angle. This is the big kind of like unknown. This could be like a 1 to 4x. Because if this crushes, which I really feel like it would, like you might just have a whole new way. I've selling in the industry. If I were to enter the industry, I would probably enter this way. Yeah. Organic daily, this will just improve your ads. So this could be an easy 1.5x, maybe 2x if we're lucky in terms of decreasing cash. And then the renewal is just going to extend out the LTV longterm. So that's going to be year two or three, where this is going to matter. Gotcha. Okay. And just to clarify the renewal since we're doing this event in a month. Yeah. It would be the renewal to the new style offer. Yeah. Okay. Got it. Okay. This is a combination of couples insurance and couples accelerator. Downside, you do absolutely nothing and you come twice a year. We could still absolutely change your marriage and it would be the moments that you remember most. On the upside, you actually do the work with us. You can use these samples. I get paid in love in a church. The problems that you have aren't unique. And so one of the big things about shame is it lives in darkness. It makes you feel like you're alone. Yeah. Sure. Yeah. That's great for you. I love that. And you also mentioned resources too. People have questions. Hey, we have resources for that. Would you make that available? Have you defined shame and guilt settings? Probably helpful. So shame is when you break other people's rules that you respect. More carol. Guilters when you break your own rules. So sometimes if your rules are the same as everyone else's, you'll feel guilt and shame. If you don't think what you're doing is wrong, but other people do, you'll just feel ashamed. Yeah. And if you do something that isn't really wrong in other people's rules, but it's for yourself, you'll feel guilty. Yeah. Yeah. And so I would explain that when someone's like, I don't want to be in these other people. I was like, let's just nail this. Let's just hit this on the head. Which is that you're afraid of being embarrassed. Sure. So why do you feel embarrassed? Because you think you're the only person who deals with that and it's self-fulfilling. So I think we've done a lot of thought. We consulted our elders. Yeah. And we actually think that we want to we want to bring it to the white. We want more people together. So do you realize that this isn't something to be ashamed of if you have an issue? Yeah. And it's normal. And the only thing that's not normal is that people think it's not normal. Yeah. Yeah. I love that reframe. Even the definition of guilt versus shame. Yeah. I think it's perfect. How do you feel about the fun? I like it. I love it. Do you feel like you can do it? Of course you can. So coming into this, we had a thousand different ideas of how we can grow our business. And we were so excited to hear from Alex because he has the perspective of a bunch of different business models and a bunch of different marketing models. And now having got to sit with him, we feel very clear on what is the next best step. Out of the thousand things that we could do, we feel very clear that we could take the steps that he gave, implement it, and actually have more time in the process. So even as a couple, I think what Alex equipped us with is going to allow us to be even more aligned on where we're going, even more fulfilled and just allow us to help and serve even more couples. So we're super excited about it. To put a little bow on everything that we're going to do with Colin Ariel's business is number one, we're going to have a new back end slash run into offer because it's just going to combine it into one offer. We're going to do a little deep time with one on force. We're changing the delivery ratio to just give them exactly what they need and expand their supply capacity. Number two is we're going to test the date night angle. I think it's going to crush. We'll see, but I feel pretty bullish on it, especially when they gave me their reaction that date night was like people's most favorite thing in life. Let's put that on the front. Number three is just being more consistent with organic so that we can actually create more testing for free with ads because they're a kind of cash-constructing business. So the easiest way to test ads is just post them, see how they do for organic and then just add the CTA later. So anybody who's broke, like, consider doing that. Number four is running a ton of images as statics for the ads because they had images that were working better. That's fine. It's usually because the videos they make suck, not because images are more compelling than videos. Videos are for sure more compelling, but static images are better because people's imaginations fill in something that's compelling rather than a video that they know wasn't good. And then finally, we're going to build more recurring revenue in the business by having all the renewals occur in person, which is the highest likelihood of closing. And so with those five changes within the business, I think they're going to unlock a tremendous amount of growth. And if you liked this video, you're going to love this next video where I break down a different business so that you can use the same tax they did, make all the money and then question the minimum life.
Podcast Summary
Key Points:
Kyle and Ariel run a business coaching entrepreneurial couples, generating $480K annually with 43% profit margins, but face high customer acquisition costs and time constraints due to overly customized services.
Their main issues include a long cash conversion cycle from expensive Facebook ad funnels, low attendance rates at lead-generation events, and being maxed out on capacity because they offer unlimited Slack access and intensive personal coaching.
Alex recommends simplifying their high-touch offer by eliminating Slack, reducing group calls, and focusing on core value: quarterly strategy sessions and two annual in-person getaways, repositioned as "marriage insurance" to improve scalability and profitability.
Summary:
Kyle and Ariel, founders of Couple Pranours, help entrepreneurial couples grow their businesses while improving their relationships. They generate $480,000 in annual revenue with 43% profit margins but struggle with high customer acquisition costs, inefficient marketing funnels, and being time-constrained due to offering highly personalized services, including unlimited Slack access. Their primary challenges are a lengthy cash conversion cycle, low attendance rates at their lead-generation challenges, and maxed capacity from custom coaching.
Alex suggests streamlining their premium offer by removing Slack, reducing less-valued group calls, and focusing on quarterly strategy sessions combined with two annual in-person getaways. This repositioning as "marriage insurance" aims to enhance value perception, reduce delivery time, and allow the business to scale more effectively while maintaining profitability.
FAQs
Couple Pranours offers two main programs: the Rise Together Mentorship, a 12-month group coaching program focused on improving working dynamics, and the Couple Pranour Accelerator, a higher-touch 12-month program that includes customized business growth plans and private strategy calls.
They use a challenge funnel with Facebook ads to attract leads to a free five-day virtual challenge, which includes teaching and Q&A sessions, leading to sales calls. They also gain customers through podcast appearances, social media outreach, and annual in-person events.
Their main challenges include a long cash flow cycle for customer acquisition, declining conversion rates in their challenge funnel, and being maxed out on time due to high customization and unlimited Slack access for clients.
The Rise Together Mentorship costs $5,000 upfront or $500 per month for 12 months. The Couple Pranour Accelerator is priced at $25,000 upfront or $2,500 per month over 12 months.
Key suggestions include eliminating unlimited Slack access, reducing program complexity by focusing on high-value components like quarterly strategy calls and in-person getaways, and repositioning the challenge funnel as a focused date-night event to boost attendance and conversions.
They use weekly group coaching calls, a private Facebook group for accountability, and quarterly date-night challenges. For the Accelerator program, they also offer private strategy calls and Slack access for questions, though this was identified as a time drain.
Chat with AI
Loading...
Pro features
Go deeper with this episode
Unlock creator-grade tools that turn any transcript into show notes and subtitle files.