EPISODE · Oct 24, 2024 · 36 MIN
BTS: Sharing a Client Case Study with Daring Haus CFO Mike Farneti (41)
from Smart Mouth Podcast | Brand Strategy, Marketing & Entrepreneurship · host Sasha Fedunchak
Send a textI'm joined by Mike Farneti, co-founder of Daring Haus, and we're spilling all the tea on one of our latest client case studies. Plus, we share can't-miss, practical advice on managing commission-only pay structures, financial obstacles, and effective pricing strategies. Learn how to navigate the complexities of cash flow, overcome predatory financial practices, and align new hires with your company's core values. We also dig into the nitty gritty of customer retention, growth strategies, and leveraging data-driven decisions to ensure sustainable profit. Plus, get inspired by the holistic Daring 360 approach, designed to turn business owners into confident entrepreneurs. Book a FREE Performance/Financials Consult with Mike: CLICK HERE00:04 Introducing the Special Guest: Mike Farneti02:34 Case Study: Client Background and Initial Challenges04:24 Financial Red Flags and Initial Consultation Insights06:31 Commission-Based Pay Structure: Pros and Cons10:48 Cash Flow Issues and Predatory Loans14:08 Pricing Strategies and Market Research18:28 The Pitfalls of Discounting18:52 Market Research and Pricing Strategy19:50 Finding the Sweet Spot in Pricing21:21 Customer Retention Challenges22:51 Implementing Loyalty Programs25:47 Measuring Success and Future Plans26:50 Daring 360 Program and Client Success Free Resources: Is your business BUILT TO OWN? Take the free quiz and find out if you're building an asset, or just operating a 24/7 job. Plus, get actionable insights to start shifting from founder-operator to founder-owner. Market Your Reputation Masterclass: Learn how to leverage what OTHER people are saying about you to book your services and sell out your products. Understand, Control and Grow Cashflow Masterclass: Daring Haus CFO Mike (my hubby!) put together an easy-to-understand masterclass on cash - because really, we all need to know our numbers to grow our businesses. Connect with Sasha: Hang out with Sasha on Instagram and TikTok Follow Daring Haus on Instagram and TikTok Work with Daring Haus: daringhaus.com
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BTS: Sharing a Client Case Study with Daring Haus CFO Mike Farneti (41)
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