Double Your SMB Profit, Guaranteed, With Andrew Stotz
Feb 26, 2025
"I help people win."
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Listen to The Sales Podcast on Spotify
Sales Tips you'll learn today on The Sales Podcast...
- "How To Build Your Wealth Investing In The Stock Market"
- Owned CoffeeWORKS for 30 years
- Went to W. Edward Deming seminars in the 90s when he was with Pepsi.
- Visited and got stuck in Thailand in 1989 for a couple of weeks and loved it.
- Finished his MBA, quit Pepsi, and moved to Thailand to teach finance at an 80% pay cut.
- Got into an analyst role, and it became the role of his life.
- Analysts are over-optimistic by about 25% globally.
- Spent 12 months in rehab as a 16-17-18 year-old.
- He has learned how to manage his weaknesses and amplify his strengths.
- He can focus for hours at a time.
- He has read 3,000 to 5,000 books and creates notes and then courses on the good books.
- One of his partners is "Steady Eddie," who can finish the projects when he reaches the end of his rope after going deep.
- Thai economy tanked 11% in 1998.
- Years later, his accountant in the coffee business was not doing her job.
- When COVID hit, their revenues dropped 80%.
- He needed to focus on profits.
- He created a 52-week curriculum that is now "The Profit Bootcamp."
I can't send my team to get an MBA. I need them to apply things every single week.”
- He provides weekly profit analyses on companies to give you examples to learn from.
- Created "The Business Blueprint" to help you create a complete business blueprint from sales to marketing to operations to finance.
- He ended up doubling his profits.
- You are guaranteed to double your profits.
- "The Valuation Masterclass Bootcamp" is six weeks.
- Accountability
- Name and shame on Fridays
- He can kick you out at any time
- "Profit is evil? What do you consider loss?"
- 10% net margin is your goal as a medium-sized, family-owned business.
- Think in terms of threes with a bold claim
- Mid-sized
- Family businesses
- Want to double profits
- This helps your clients self-identify, which makes sales easier.
- Once you get the taste of real profits, you see how it changes your business.
- He has quarterly meetings, and the team is excited.
- "The brutality of capitalism is what makes it so great."
- You must bring value to the customer in a voluntary exchange in the market.
- "Finance adds no value. Value is created in the product and service you offer the market."
- Innovate and market. (~Peter Drucker)
- Finance is a mirror...it's a supporting function.
GUEST INFO:
- Guest Site: https://www.theprofitbootcamp.com/
- Guest LinkedIn: https://www.linkedin.com/in/andrewstotz/
Sales Growth Tools Mentioned In The Sales Podcast
- Join The Inner Circle
- Hire The Best Speaker for your sales meeting or marketing conference
- Take The CRM Quiz
- Automate your sales for $15