Meant to Win
E175 What I’d Do If Your Business Were Mine (Inside Our First VIP Day)
Ready to find your bottleneck? Take the assessment here: https://go.thewealthypractitioner.com/practice-scaling-assessment?utm_source=podcast&utm_medium=podcast&utm_campaign=psa What if someone looked at your business and told you exactly what they'd do if it were theirs? That's what happened at our very first VIP day. In this episode of Meant to Win, Dr. Stephanie Wigner takes you inside the weekend with 10 business owners at headquarters. Everyone did homework in advance, so Steph and the coaches knew what each person needed before they walked in. Then they hot seated the one thing that would move the needle most. For many, that was money. Steph breaks down how she allocates her own profit, what goes back into the business, what she keeps for fun money, and what goes into investments. She also shares the first thing she checks in any business: your financial infrastructure and your business model. You'll hear about a nurse practitioner spending $4,000 a month on Google Ads and $2,000 on Facebook with no idea what she's getting back. You'll hear how a snowbird practice can turn a $400 patient into a $1,200 patient in four months by selling three services instead of one. You'll also hear about LLC vs S Corp, write-offs, getting the right people in the right seats, and whether it's time to stop optimizing for balance and go all in. Then she shares what her team is planning. VIP days are coming two or three times a year, stacked with their quarterly EOS days so it's easier on coaches who live all over the world. The 2027 calendar is getting set now, so clients can plan their year around retreats, pop-up masterminds, Meant to Win in February, and a tour event in early August. If you're a visionary who resists planning ahead, this part is for you. Structure is what gives your team and your clients their freedom. CHAPTERS 00:00 Hosting our first ever VIP day 02:39 How we prepped and what we hot seated 03:17 Why your business model decides how much you keep 04:02 Know your numbers: the ad spend and break-even math 05:10 Snowbird season and raising lifetime value 05:56 Selling more to the person right in front of you 06:30 Structures, write-offs, and going all in on the dream 07:00 Mindset, money restrictiveness, and getting the right team 07:30 Why intentional events feel like more than their money's worth 08:02 Planning 2027 with your team 08:46 What the event cadence looks like 09:19 Visionaries and why structure gives you freedom KEY TAKEAWAY If your business model isn't built for profitability and scale, serving hundreds of people won't change your personal finances. And the lack of structure you think is protecting your freedom is often the exact thing creating your chaos. CTA Want a seat in the room? Shoot Steph a DM about the next VIP day. Only a few spots are left. Ready to find your bottleneck? Take the assessment here: https://go.thewealthypractitioner.com/practice-scaling-assessment?utm_source=podcast&utm_medium=podcast&utm_campaign=psa
