206: How To Maximize Business Revenue With John Foong & Kevin Bees, Profit Maximisation Expert

Life Changing Questions For Business Owners

Chief Revenue Officer for Domain, one of the leading property destinations in the southern hemisphere, John am responsible for driving the growth of Domain’s marketplace portfolio spanning Residential, Commercial, Developer and Media, Agent Solutions, and Corporate Sales and Go-to-Market, Sales Operations, and Customer Experience. He leads a team of over 500 amazing team members and serve on Domain’s executive leadership team, working with every facet of the business. And for the last 2 and a half decades he has also been a real estate investor, and has past held senior roles with Google and Uber, and holds an MBA from Standford University

John Foong shared in this episode:

• What is a CRO?

• How to drive revenue

• Lessons he learnt whilst leading UBERs market development

• The importance of bringing together a supply of services with an audience of buyers

• How the volume of houses being sold affects their revenue

• The significance of measuring leadership performance through mechanisms like performance management programs, engagement surveys, and feedback systems

• The value of leadership training sessions focused on essential skills such as self-leadership, problem-solving tools, managing up in an organization

• He shares a life-changing question from the book "Essentialism" by Greg McEwen: "Is this task my highest contribution of my time to the world right now?"

• The importance of prioritizing tasks based on their significance and allocating the appropriate amount of time to each one.

• The need for discipline in following through with scheduled activities and making tough trade-off decisions when necessary.

• The belief that being kind to oneself is crucial for personal growth and success, as it allows individuals to be more content and at peace with themselves

• And much more…

Resources Mentioned In The Show:

• https://www.linkedin.com/in/johnfoong/

If you would like more insights on profit maximization for your business, visit www.ProfitHive.com.au