Your Next Million podkast

Finding Your Best Payday (Klassic Kern)

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Are you doing "all the stuff" in your business—selling dozens of offers, managing endless promotions, and feeling like you're on a constant hamster wheel? It’s time to stop doing a million different things and start leveraging one big thing.

In this replay of the debut episode, Frank Kern shares a personal breakthrough from 2016 that transformed his business model. By digging through eight years of sales data, he discovered a "hidden jewel": a simple newsletter program he once considered a failure had actually generated nearly $3 million with minimal effort.

Frank introduces the Best Payday framework, a system designed to help you identify the specific offer in your business that provides the highest net profit with the greatest personal fulfillment.

Key Takeaways from This Episode:

The "Hamster Wheel" Trap: Why many successful entrepreneurs feel unfulfilled despite making money, and how to break the cycle of constant product launches.

Defining Your Best Payday: It isn’t just about the biggest check; it’s about finding the "deliverable" that hits the sweet spot of profit, ease, and personal energy.

The Power of Continuity: How Frank turned a "failed" $297/month newsletter into a $522,000/month recurring revenue engine.

The 6-Point Scoring System: Frank walks through the criteria to audit your own offers:

Net Profit: Is the take-home pay worth the effort?

Energizer Factor: Does doing the work charge your batteries or drain them?

Ease of Delivery: How simple is it to fulfill the promise to the customer?

Ease of Sale: Can it be sold without a high-pressure, complex pitch?

Sustainability: Could you happily do this for the next 25 years?

Replication/Automation: Can you bring in a team or systems to scale it?

Mentioned in This Episode:

The Best Payday Worksheet: Follow along with the framework used in this episode by downloading the worksheet at http://FrankKern.com/1.

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