ilmscore | You're 18 Minutes Away From Replacing Your 9-5 (For Good)

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 1
Pending: 2
Prediction
Topic
Status
A software tool for dentists that fills one vacancy spot weekly and brings in one new patient monthly is projected to be worth $1,000 per new patient and $100 per filled vacancy, justifying a monthly fee of $300-$500.
"If my tool does what it's supposed to do, and at the very bare minimum, it fills one vacancy spot a week and brings in one new patient a month, this is going to be very valuable. That new patient is going to be worth at least $1,000. And that seat, that vacancy fill is going to be worth at least at the very low end $100. And that means that a dentist's office would probably be pretty comfortable paying me somewhere between $300 to $500 a month."
Small Business Revenue
Pending
By making 300 calls per week (50 calls/day, 6 days/week), a business can close 3 dentists per week, netting 10 new dentists per month, and accumulating 120 new dentist offices after one year.
"If I can make 50 calls a day, I can do that six days a week... That means I'm going to make 300 calls a week. If I can make 300 calls a week, well, that means I'm going to be able to close three dentists a week... that's 12 dentists that I close a month. ... So, I'm going to net 10 new dentists a month. That means after one year, I'm going to net 120 new dentist offices."
Small Business Customer Acquisition
Incorrect
By closing 10 new dentists per month and charging $300-$500 monthly, a business can generate $3,600-$6,000 in recurring revenue per month after one year, with 120 clients.
"If I can close three dentists a week, that's 12 dentists that I close a month. And I'm going to assume that I get a little bit of churn because I don't have the best product right now. So, I'm going to close 12 dentists every single month. But, I'm going to churn. I'm going to lose two of those dentists a month. So, I'm going to net 10 new dentists a month. That means after one year, I'm going to net 120 new dentist offices. Which means if I'm going to charge all 120 of these $300 a month, I am now making $3,600 a month reoccurring for my business. If I charge the $500 a month, I'm now making $6,000 a month from this reoccurring business."
Small Business Recurring Revenue
Pending