Jay Abraham Retires From Small Business Consulting & Training

Over the last couple of weeks a few emails have come out from Jay Abraham which have startled me.

Jay has announced that he is retiring from small business consulting and training to concentrate on working with bigger companies on a profit sharing basis.

I was both shocked and intrigued since Jay is probably the biggest influence on my thinking for small business success.

I realised that when you get to Jay's level, then you've got nothing to prove to the world but you may want to get the kick of taking a challenging problem, finding solutions and seeing them through to the results.., in Jay's case... astonishing results.

Here is the copy of the email where Jay Abraham announced his retirement.

For Owners of Real Successful Businesses Only

Paul,

I haven't been writing you many emails. There is a reason. It affects real businesses on my list more than anyone else.

After spending many years coaching and mentoring large groups of smaller businesses and start-ups --- I've redirected almost total focus on working long-term, directly, with real operating businesses that are already doing decent to significant volume, but are grossly underperforming their opportunity and potential.

So, I'm no longer creating new products. The only real seminar type programs I do here, anymore, are exceedingly high-end ($25,000, or higher, per person) and they are very small attendance because they are designed not to be big money makers, but rather be sourcing vehicles for finding quality profit partnering clients.

I'm telling you all this because I sense there are a very small number of larger, more significant business owners and companies amongst my email list who are looking for meaningful breakthroughs in marketing and strategies to their business model and their selling approach.

I'm on the serious lookout for meaningful companies that want, need, and deserve, to grow more successful --- more profitable, and more preeminent.

If you own or run a business doing AT LEAST $10-million, or higher, in annual sales -- and your product or service offers value and could be made far more beneficial to the marketplace if you had me masterminding all of your marketing, selling and strategic activities --- I'd like to talk to you.

But before you contact me --- there's a rub and it's a big one.

The deal I'm looking for with the companies I'll work with is exceedingly appealing, but it is intended to be a long-term, fair and equitable profit sharing arrangement where I'll receive a worthwhile payoff for investing long-term in your company.

Specifically, if you qualify --- and you are willing to commit to a long-term, purely performance based arrangement --- I'm willing to waive most, and even in the right cases, all of my fixed fee.

Instead, I'll willingly put my compensation on the line and agree to share, long-term, in the increased profits that result from new selling approaches, marketing strategies, business models, products, services, markets, revenue sources or profit center successes I engineer for your business.

I'm not being altruistic, charitable or particularly benevolent, here. I'm looking for companies that are sitting on enough hidden assets, overlooked opportunities, untapped revenue sources, underperforming activities and undervalued resources and relationships --- that can represent, "realistically", a seven figure annual profit increase, or higher, if I get deeply involved.

My typical participation would be 25% of any, and all, profit increases I produce (after deducting all real expenses and costs associated).

So we're clear here, also --- and again, if your company qualifies, I only want to be paid for performance --- but if I waive major fee income in exchange for profit sharing, I'll expect those payments to continue for a long time to come.

If my proposition turns you off, I understand.

Frankly, I'm only looking for highly enlightened entrepreneurial thinkers who grasp fully, the concept that when they pay me a quarter, I've just made them a dollar they never would have had access to before. And frankly, the right person reading this should be eager for me to earn seven figures, annually, from them because it means I'm earning them multiples of that amount.

If you are too small in size or thinking, obviously this proposition is not for you.

However, if you're real and your business does $10 million, or more, but you would like it to do multiples of that and you think there might be a basis for a meaningful profit partnership with me, send me enough details about you, the business, how you market, who you're marketing, what you market, and what your challenges, issues and underperforming opportunities might be, and I will communicate back in a timely way.

If I think there is a match, my assistant will schedule a private phone conversation where we can deeply explore how a direct profit partnership with me, might work.

Please DO NOT contact me unless you really are a qualified company. I'm not looking for start ups --- I'm not offering my services to struggling, severely undercapitalized enterprises. I'm only looking for solid companies that don't know how to catapult themselves to a much bigger success.

If I'm speaking your language, please contact my assistant - by email, first, with all the details I would need to feel comfortable wanting to have a private conversation. You can contact her at gina@abraham.com.

Again, if you are not appropriate or qualified, please don't waste your effort contacting us because I will not be able to even acknowledge your communication.

Finally, this is a serious offering and proposition being extended to serious business owners/entrepreneurs/CEO's, only. You know who you are and from this email, you should know what I'm looking for.

If there is interest, contact me.

Respectfully,

Jay Abraham

My Thoughts

I've had a couple of weeks to think about this"back to the future" retirement approach as this was the type of deal which Jay made his name, creating incredible results.

I obviously wish Jay Abraham well and I'm sure that whoever he works with will go on to achieve bigger and better things.

I'm sad that I won't here him adapt his thinking as the world develops.

It also leaves more opportunity for people like me who have studied Jay Abraham hard and taken his ideas and applied them to small businesses.

 

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Comments

[JohnB]

I was sad too to read about it. I had heard before, he got tired of doing seminars, publishing books, etc when people only did a small fraction of what he talked about. He stopped doing american seminars and went to asia, and elsewhere, where people were more action oriented.

I think he wanted people to do "everything", from basically the start of his seminar/publishing business in the 80's to now. His stuff is still astounding and incredible.