Episode 424

Client Satisfaction Formula - S8 E31

Takeaways

  • Properly trimming your client base is essential for organizational health.
  • Reputational risk is particularly significant for smaller companies.
  • A client that was once a great fit may no longer align with your business.
  • Engagement and profitability must be balanced for both clients and employees.
  • High-paying clients with low engagement can harm your reputation.
  • Employees with high engagement but low compensation risk burnout.
  • It's crucial to keep employees compensated fairly to prevent poaching.
  • Constantly evaluate your client base to ensure alignment with business goals.
  • Finding solutions for clients who no longer fit is key to maintaining relationships.
  • Utilizing engagement and profitability charts can help in decision-making.

📖 Buy "Small Giants: Companies That Choose to Be Great Instead of Big" by Bo Burlingham


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About the Podcast

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Unleashing Leadership: Unlocking Greatness and Embracing Change

About your host

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Travis Maus

Travis Maus is the Chief Executive Officer of S.E.E.D. Planning Group is a fee-only financial planning firm with over 30 employees and locations in New York and Tennessee.

He hosts Unleashing Leadership and co-hosts the award-winning Ditch the Suits Podcast. Ditch the Suits aim is to help listeners get the most from their money and lives.

He is passionate, unfiltered, and committed to building great businesses.