• EP 1. Scaling From 20k to $257k Profit I Jay Storm

  • Aug 13 2024
  • Length: 24 mins
  • Podcast

EP 1. Scaling From 20k to $257k Profit I Jay Storm

  • Summary

  • In the inaugural episode of the Profit Scaling Podcast, Jay Storm dives deep into the strategies and mindset shifts necessary to scale a business from $20k to $257k in profit. Jay shares personal stories from his upbringing in Colorado, where discipline and hard work were ingrained in him from a young age, and how these principles laid the foundation for his success in business.

    Jay introduces his company, Velocity, which focuses on turning visionary ideas into reality through strategic execution. He emphasizes the importance of balancing rapid growth with sustainable practices, ensuring that companies don't just grow quickly but do so in a way that prevents burnout and long-term failure.

    Jay outlines his approach to profit scaling, which involves three key steps:

    1. Identifying Profit Drivers: Analyzing the key elements that drive profit within a business.
    2. Eliminating Non-Profitable Investments: Cutting out expenses that do not yield a return, including underperforming team members, redundant software, and ineffective agencies.
    3. Optimization and Systemization: Setting KPIs, optimizing processes, and continuously improving systems to maximize efficiency and profitability.

    Throughout the episode, Jay underscores the importance of discipline, hard work, and a clear vision in achieving business success. He also shares his daily routine, which includes an early start with prayer, a gym session, and focused work sessions, all aimed at maintaining balance and driving his mission forward.

    The episode wraps up with Jay inviting visionary entrepreneurs, founders, and leaders to share their stories on future episodes, setting the stage for a podcast that not only shares insights but also inspires action.

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