Business Building Expert
They call Rich Schefren the "Coach to the Internet Gurus".
His unique philosophy about how to build real businesses online gets big money results for his clients. And that’s the reason he formed Strategic Profits in 2004.
The company provides coaching for online entrepreneurs who want to grow their businesses strategically and ultimately get "free" of the daily grind.
After graduating from Case Western Reserve University, summa cum laude as an accounting major, Rich was recruited by Arthur Anderson’s Strategic Planning Division. There he garnered several awards and then jumped at the opportunity to take over his family’s struggling clothing business.
When Rich turned that business into Soho’s hottest eclectic clothing boutique, with loyal customers like Prince and Uma Thurman, he was hooked on being an entrepreneur. Through his unique marketing ideas, the business had revenue growth from $1.5 to over $6.5 million in just three years.
Next Rich invested $7500 to create a hypnosis center which expanded to multiple locations and generated over $7 Million a year, within four years. Rich then wanted to share his success secrets and developed a program for other hypnosis centers to achieve the success he had. When he made $287,000 in one week selling the program, he knew he was on to something big.
Rich parlayed his offline successes and marketing prowess into an information product business. Over the next 2 years he established joint ventures with the major online marketing players that generated in excess of $4 million in revenue. Many of these marketers secretly sought his advice to help them turn their businesses into profit-producing powerhouses.
His passion was ignited to share what he’d learned with all struggling internet marketers who wanted to build real businesses and freer lives.
That’s when Strategic Profits came to be. And the story continues to unfold…
Business Growth System, the company’s core product, has revolutionized business coaching. With its combination of audio, visual and written materials – clients can learn in the way that suits them best.
The program content leverages over 20 years of Rich’s successes and early struggles to build his own Internet business.
Rich's programs sell out quickly because of the outstanding results achieved by entrepreneurs at all levels - from one person home-based businesses to multi-million dollar ventures aiming for more. Many of the program’s graduates are now Internet marketing experts in their own right.
Although Rich Schefren is the driving force behind Strategic Profits, the company has expanded to 10 full time employees who now work with Rich to develop products that expand the reach of Rich’s teachings. The company’s sales revenues exceeded $4 million in its first two years and are expected to be in the $10 million range for the coming year.
Strategic Profits has fueled its extraordinary growth by publishing free valuable content online. Not only does this create strong relationships with potential customers and the online community, but encourages feedback. The company uses the feedback to quickly create relevant products that address the struggles and provide solutions for online entrepreneurs.
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