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Natalie Dawson

👤 Speaker
1079 total appearances

Appearances Over Time

Podcast Appearances

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

And we don't know what is the right idea to bring in because there isn't a core understanding of what makes this business run today.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

And the last thing that you want to do is bring on a leader.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

Let's say your business is doing $10 million of revenue and you think that there's somebody out there that is smarter than you who's going to entirely change your sales process.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

Maybe you weren't the best salesperson.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

You hired a salesperson on very early.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

They've tapped out in their ability to add additional salespeople and really properly run a sales team.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

Right?

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

Well, as soon as that's happened and you're going to bring on this external person, it would be great if they could add $20 million of revenue.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

But if it's through some different product and different service and different way that disrupts what got you to $10 million, you're not at $10 million any longer.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

You're at 8 million or 7 million, and there's real slipbacks that happen.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

And to me, that's more of the reality that I see, which is the slipback because the business owner doesn't know enough about the core parts of the business to decide how the business is run, what the core offer is, to have the confidence to then bring on people who are additive that can't break the business.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

And they can't dupe you if you know what you are already doing.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

If you're really willing to model what is currently being done and they are willing to be humble enough to come into your environment and learn the reasons why, this doesn't have to take years.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

This can take a handful of months.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

I'm not talking about like stifling innovation for quarters and quarters or years and years to make sure that they like really are indoctrinated with the way that the organization works.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

Absolutely not.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

That wouldn't work.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

The way you have to do it is quickly assessing that they understand the way that things work inside your current business.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

We just recently brought on a new C-suite within the first handful of weeks.

The Diary Of A CEO with Steven Bartlett
Natalie Dawson: The Harsh Reality of Passive Income! This PPF Framework 10x’s Your Income in 5 Years

I can tell that he's picking up on what our core business does.