Episode 232 – Regina Partain Bergman – The 3 Vital Elements To Business
Profit Acceleration and Exit Strategies with Regina Partain Bergman Most entrepreneurs spend considerable amounts of time focusing on growing their business revenues. However, a business does not grow on revenues but on net profit. Net profit allows you to invest, grow, pay yourself, and have cash in the bank. Surprisingly, you do not need to grow your net profit by growing the revenues. There are several ways to do that. If you want to learn those strategies that will accelerate your business growth, help you make more money, and retire earlier than you expected from your business, join this conversation with Regina Partain Bergman as she shares tips, insights, and strategies to achieve it. Renowned as an International Best-Selling Author, Speaker, and visionary Profit Acceleration and Exit Strategy Specialist, Regina Partain Bergman stands as the dynamic CEO of Bridgeport Strategy. With a captivating presence as the host of the acclaimed Pursuing Profit with Principles podcast and e360TV show, she orchestrates the transformation of businesses and local economies across digital and traditional realms. Her signature program, ‘Go Beyond 6 Figures,’ helps business owners create 6 figures and above in net profit! Regina understands the challenges faced by small business owners. After building a business to $4+ million in annual revenue only to see it crash with the 2008/2009 economic downturn, Regina has a passion to see that small business owners get the assistance and resources they need to be successful and to thrive and create a business that can run without them. Let’s jump in! Key Highlights from the Episode; [00:01] Episode intro and what’s in for you today with Regina Partain Bergman [02:46] Regina’s favourite drink of the day other than water [06:57] Why Regina has been recently working on strategic messaging in her business [08:39] Why you need to adapt strategically to the ever-changing customer dynamics [10:20] How the shift of fine-tuning her messaging impacted her life and business [11:52] Knowing the boundaries of saying yes or no as a business owner [15:43] Difference between business revenues & net profit & what to chase after [20:46] Best ways to reach out and connect with Regina and get her services [23:13] Common challenges with businesses in their exit strategies [28:40] Golden takeaway nuggets from Regina that you can start implementing today [33:25] Regina’s next ginger tea dream location and the inspirational book she would read [35:19] Wrap up and end of the show Notable Quotes There are three main elements for the success of any business; knowing how different you are in the market, knowing who your ideal client is, and how you will get your message in front of them. – Regina Partain Bergman [07:09] Whatever the message is, it is going to attract an audience. Therefore, if you don’t get the message right, the audience you will attract is not the one you would want to serve. –Regina Partain Bergman [10:25] Do more than chase your business revenues. Net profit is the real deal. Net profit allows you to invest, grow, pay yourself, and have cash in the bank. – Simon Meadows [15:13] Most businesses fail in their exit strategy when they cannot run without the owner and lack systems and procedures to run independently. – Regina Partain Bergman [23:05] Resources Mentioned The Georgette Heyer novels: https://amzn.to/45Fb0rI Let’s Connect Regina Partain Bergman Website: https://bridgeportstrategy.com/ LinkedIn: https://www.linkedin.com/in/regina-partain-bergman-a761901/