Insights, lessons and confessions of a top business consultant and business turn-around agent that all business owners and entrepreneurs can learn from. Having helped a lot of businesses of all kinds, in a myriad of industries and spread all over the US and Canada, as well as in Europe, I have seen how a lot of poor performing companies can quickly be turned around and become successful. Serial entrepreneur, business consultant and top business turn-around agent, Mikkel Pitzner, shares his i ...
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We are in our current series which is all about the mistakes we as business owners make when we're setting our prices. In this series we will look at 8 specific mistakes we tend to do surrounding the topic of setting prices for our products and services in our businesses. This episode discusses Mistake #8 I have chosen these mistakes because these …
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We are in our current series which is all about the mistakes we as business owners make when we're setting our prices. In this series we will look at 8 specific mistakes we tend to do surrounding the topic of setting prices for our products and services in our businesses. This episode discusses Mistake #7 I have chosen these mistakes because these …
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We are in our current series which is all about the mistakes we as business owners make when we're setting our prices. In this series we will look at 8 specific mistakes we tend to do surrounding the topic of setting prices for our products and services in our businesses. This episode discusses Mistake #6 I have chosen these mistakes because these …
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We are in our current series which is all about the mistakes we as business owners make when we're setting our prices. In this series we will look at 8 specific mistakes we tend to do surrounding the topic of setting prices for our products and services in our businesses. This episode discusses Mistake #5 I have chosen these mistakes because these …
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We are in our current series which is all about the mistakes we as business owners make when we're setting our prices. In this series we will look at 8 specific mistakes we tend to do surrounding the topic of setting prices for our products and services in our businesses. This episode discusses Mistake #4 I have chosen these mistakes because these …
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We are in our current series which is all about the mistakes we as business owners make when we're setting our prices. In this series we will look at 8 specific mistakes we tend to do surrounding the topic of setting prices for our products and services in our businesses. This episode discusses Mistake #3 I have chosen these mistakes because these …
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We are in our current series which is all about the mistakes we as business owners make when we're setting our prices. In this series we will look at 8 specific mistakes we tend to do surrounding the topic of setting prices for our products and services in our businesses. This episode discusses Mistake #2 I have chosen these mistakes because these …
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We are in our current series which is all about the mistakes we as business owners make when we're setting our prices. In this series we will look at 8 specific mistakes we tend to do surrounding the topic of setting prices for our products and services in our businesses. I have chosen these mistakes because these are the ones I have witnessed the …
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How Companies Set Prices - And What You Should Know
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How are you setting your prices? If you are anything like 99% of all the businesses that I meet, both in forms of clients as well as in forms of just connections, then you are probably doing it wrong and leaving a lot of money on the table. Pricing is so incredibly important to your business results, that it's not a topic area to be taking lightly.…
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This episode is really short, because basically it's just an invitation for you to go ahead and download a free report I have created which I believe can help you see where you need to make some changes in your business that will increase your profits.Autor: The Automated Millionaire
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How To Get Away With Your Price Increase
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In yesterday's episode we discussed the fact that most of the businesses I have helped all have made the mistake of not charging enough for their products and services. We looked closer at just how powerful and effective a price change can be for your bottom net result. But in conjunction with the advice of increasing your price by far the most com…
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What's The Easiest, The Fastest And Most Effective Way To Grow Any Business?
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We are starting our third series of episodes with this episode today. This series leans a bit up against the second series we had which was all about the mistakes business owners make. This third series will have a lot to do with more mistakes business owners tend to make, but these mistakes we will be looking at in this series will be concentrated…
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Where there is no vision the people perish. I believe this passage is mentioned in the bible and I believe it certainly seems very true of ourselves as individuals and likewise for our business. I believe the more clear our vision is for our business and what it is we wish to grow that into, the greater the chances are that you'll actually achieve …
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There's a dreaded human condition that as we business consultants see all to often. The fizzle factor is when clients willingly spend a lot of money with you, implement and learn what you instruct them in, get great results, but soon after the consultancy engagement is over and the consultant is no longer in the business keeping an eye on things, t…
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Keeping Up Your Positive Spirits Even During The Most DistressFul Moments?
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In this episode we will talk about Mindset, and the need for being able to keep a positive and constructive outlook even when everything seems to be doom and gloom and not working out for you.Autor: The Automated Millionaire
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When Bad Stuff Happens, Ask Yourself: "What's Great About This?"
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It's pretty much impossible to go through life without experiencing some mishaps and upsets along the way from time to time. Redirecting our focus when these occur can help us become not just more resilient, but also more constructive, so that we can quickly overcome the challenge and move past it and end up stronger and more capable.…
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Do You Sometimes Break Your Commitments When Life Shows Up?
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Life shows up and as I have mentioned before, as entrepreneurs we kinda put ourselves in a place where we probably get even greater share of these little events that life sometimes tests us with. But what are the consequences of breaking your commitments? What does it mean when you break your own commitments to yourself. Our discussion go deeper in…
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What To Do When Life Gives You Setbacks
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Often in life and certainly as entrepreneurs we are met with the occasional setback. As entrepreneurs we take risks and sometimes these give us extra challenges. In this episode I provide insights on how to handle these more constructively and also so that you can actually be happier.Autor: The Automated Millionaire
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One of my mentors has a little saying he shared with me just the other day. He says: Perfection = Poorhouse He is so right. When we wait till things are perfect before we make our next move, the opportunities pass us by and soon enough we won't get anywhere and won't get any results. Certainly no results we do want to get. Aiming for perfection is …
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What To Do When Your Back Is Pressed Up Against The Wall
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In every business you'll be met with challenges along the way. Sometimes these challenges can become rather severe, and you may find yourself in a position that truly stresses you out and which really gives you high levels of anxiety. I learned from one of employees once how to view this with a bit of a different mindset, that really helped me not …
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The Confidence - Competence Loop, and How To Develope Confidence
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How to show up confident. How does the confidence - competence loop work and how do you show up showing confidence when you may in fact be lacking some. Related to previous episodes, we continue our discussion of what sometimes holds us back, and what we need to do in order to break the vicious cycle, so we can achieve the success we seek and desir…
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Two Of Our Greatest Fears That Keeps Us From Winning
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In this episode I discuss two of the greatest fears most of us have in some form or another. It took forever for me to commence, and the reason it took forever really only had to do with my personal fears (these two fears I'll discuss in this episode). Thank goodness there are actually ways of overcoming these fears, and I'll give you the key insig…
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My Dedication To My Clients For 2021
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I was challenged to write down my dedication to my clients for the rest of 2021. This is actually a great idea as it helps to focus on who you want to truly help, what you need to do and keep your focus on and why. Perhaps this would be a great idea for you do to do as well in your business and for your activities.…
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It's time for you to leave your garage. If you're a business owner who started your business, maybe even from scratch, and maybe even literally from your garage, but now you're considerably bigger business, well, now you may find yourself still carrying what I call the garage mentality. What is that? Well, when you started you were happy just to ma…
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Hiring friends or family come with a myriad of challenges and the question quickly becomes whether it's worth it for you to hire either friends or family. Mixing money and livelihoods with friendship or family relations can be a cocktail that can soon ruin any friendship and challenge a family. I get it. I would hire either too for the right reason…
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We all have a tendency making assumptions. But you do know the acronym of assumptions, right? Assumptions make an ass out of u and me. That's right. We often get it wrong, and that can wreck havoc or we can miss great opportunities.Autor: The Automated Millionaire
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In my unique business system, The Automated Millionaire Business System, we have set up metrics, goals and measures for what each individual, team and department need to fulfill upon in terms of performance. Here in this episode we will discuss how to handle the experiences of when one or more come short on the agreed upon goal. We will talk about …
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Do You Have An Actual Vision For Your Business And Do You Communicate That Out?
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Most business owners carry out their business without a true purpose or a true vision. Is this wrong? Perhaps and perhaps not. However, what I believe is certainly true, is the fact that if you have a real purpose or a true vision for your business, your results are likely to get bigger. It's also more likely that you can rally your troops, i.e. yo…
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Mistake: Not Setting Measurable Goals
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Most businesses make the huge mistake of actually not setting measurable goals and milestones. Not only do many businesses not even set overall goals, such as how much in sales they aim to reach for a fiscal year, but even more businesses fail at setting specific and time bound measures for what needs to be achieved with individuals or individual d…
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As you most likely have experienced when you don't set expectations in your private life, soon enough others may feel you have let them down, because they set their own expectations of you or of what they believe you promised them. The same goes for your business. It's extremely important that clear expectations are set in multiple areas. E.g. when…
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Do You Have A Vision For Your Business?
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Do you have specific goals? Do you have an actual vision for your business and where you wish to take it? Many business owners aren't really driving their business. Instead they basically just show up, open the doors and switch on the lights, but they really aren't actively driving the activities that will help them achieve a realization of their v…
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Are You Overlooking These Highly Accessible And Inexpensive Resources?
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Too many people leave school (what ever level they finished school at), promising themselves that they'll never open a book again. Oh, what a shame to bring such attitude and what they seem to fail to realize that the reading wouldn't be for others or because they have to read something to satisfy their homework for a teacher, but instead that this…
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The Grave Mistake Of Completely Undervaluing Budgets
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Continuing our new series on the Mistakes Business Owners make, we will look at the grave mistake that A LOT of business owners are making of not making use of a Budget, but in fact often completely disrepute the value of a budget. This is a grave mistake, for let's just take a lot at what a budget really is. Well, one of the extremely important th…
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Humongous Mistake When We Don't Use Numbers
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It's always been unfathomable for me when I meet business owners that don't seem to make use of their numbers of their business. But this happens more often than not. So many of the businesses I have helped, made little to no use of their numbers, such as reading their Profit & Loss statement every month. In fact often the business owners would onl…
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How To Prioritize What To Do In Your Business
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Many business owners don't know how to prioritize in their business. Sometimes it's because we have no plan at all or haven't spelled out a goal for e.g. the year. Other times, and often, it's because we aren't doing so well, so we have a lot of obligations, typically especially cash obligations, and only a limited cash production. So we lose overv…
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The Morning Routine Most Business Owners Get Wrong
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In our 4th example of Mistakes Business Owners Make, we will be looking at the morning routine most business owners get wrong. This mistake which I believe by far most business owners make, is absolutely costing far too many far too much money if in fact it's not costing their dreams altogether. Learn which mistake we are talking about and make sur…
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Mistakes Business Owners Make: When We Choose To Go It Alone
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In our third episode on the mistakes that business owners make, we are looking at the mistake of going it alone. As if life isn't challenging enough, and as if business isn't challenging enough at times, we often forego great opportunities to fast track forward towards the results we wish to attain because we choose to go it alone, when in fact we …
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Episode 18 - When The Ego Gets In The Way
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We are currently in our second and new series, this time on the Mistakes that Business Owners make. I'm highlighting a string of mistakes we do as business owners that all cost us a considerable amount of money and lost efforts in and for our businesses. It's my hope that by me sharing these insights with you, you may avoid making some of these you…
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New Series - The Mistakes That Business Owners Make
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We are starting a new series of episodes in which we will look at the mistakes that business owners make. I have personally made a lot of these mistakes, and they have all cost me money. If I'm lucky I'll catch you before you make the same mistakes, so you can avoid wasting money on these like I did. It's likely though some of you may actually be i…
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Be Willing To Invest In Yourself And In Your Business
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The most successful people I know of, either from having met them or from having studied their successes from afar from books, DVDs, courses or other, all have demonstrated clearly that they have been are continue to be willing to invest in themselves and their businesses. Often business owners are willing to invest in their businesses. They buy a …
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The Critical Importance Of Follow Up And Follow Through In Finding The Cash
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We're looking at finding the cash in the business. I have been continuously astounded by the levels of cash I have found in ailing businesses, simply because I knew how to find it. The business owners had been struggling making money and producing necessary cash in the business, but with the right system, you can actually find a lot of cash in what…
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Ensuring Your Business Improvements Actually Comes Through
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The system I teach my clients, I call The Automated Millionaire Business System. It's a fully integrated systems that ensure that you, as the business owner, and your team actually find what needs to be done, by how much, how soon, and by when and by whom. By its design, it will actually ensure that you not only typically get all the results you se…
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So What's The Next Action Step We Need To Take?
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So What's The Next Action Step We Need To Take? We have found some undesirable outcomes and found these cost us enough money that we are now committed to do something to fix them. In this episode we talk about what we need to do, and assigning values to who will take care of it, by how much, by when, and who will ensure this is followed up on. We w…
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We go back to our series on The Secrets Of A Top Business Turn-Around Agent. In this episode we will talk about the need for doing all the calculations when we look at the Undesirable Outcomes. We want to be careful about making any assumptions or just go by gut feeling or on how big the issue seems to be on the surface of things. Instead we want t…
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A Background Story Of The Automated Millionaire
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In this episode I'll talk about how the name of The Automated Millionaire came about and was chosen. Some great connections of mine, who were helping me at that time with some business development, actually coined the term when they inquired deeper into my background and story on how I acquired my expertise. Seeing I was able to make a lot of money…
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As I celebrate my 10th episode and the fact that after a long wait filled with excuses and procrastination, only because this is a new arena of doing something I'm uncomfortable with here in the beginning, I finally got myself together and commenced putting out content on video and podcast platforms. I meet the same challenges with everyone on my j…
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Calling Out The BS & Quantifying The Cost Of Your Undesirable Outcomes
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The better we are at calling out the BS, even when such BS resides with ourselves the better we can become at making our business work well and perform at a much higher level which will result in much more money earned. In this episode we will discuss how we often fill in our time with "stuff" that doesn't help us produce a better result, often bec…
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These Irritants Could Be Costing You A Lot Of Money
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In business we invariably have things that irritates us, sometimes quite a lot. If you dive deep enough, you may find that the same things that irritate us, also is actually costing your business a lot of money. I call these Undesirable Outcomes. These can be issues that seem to come up every so often, e.g. a delay in production, a service that tak…
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5Th Episode On The Secrets Of Top Business Turn-Around Agents
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In previous episode we spoke about establishing a Management Team. Continuing our series on the Secrets that make the best business turn-around agents so successful we now will discuss a couple more secrets, including the topic on developing leaders.Autor: The Automated Millionaire
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4 More Secrets That Enables Top Business Turn-Around Agents To Have Huge Success
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Here's another episode in our current series of the Secrets Of A Top Business Turn-Around Agent. Again, we're looking at how it is that top business turn-around agents can enter into a business that they may know little about that may even operate in an industry of which the business turn-around agent has no prior experience, and yet be able to tur…
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