Oct 2, 2026 · 1 hr 42 min · 13 segments
What if there's a simple seven-letter framework hiding inside your business that could add a million pounds to your bottom line, and you're already sitting on most of the pieces? In this episode…
Paul AvinsHost
So then when your second part of the formula in the profits is R is for? Relevance.
So if you think a lot of people start a business because they've got an idea, but they don't know if they're relevant.
Have you got something a customer needs? And with AI coming in now, there's going to be changing needs.
You know, if you're going to train as a taxi driver now, you're not going to be a taxi driver, are you?

You're going to find it quite hard with self-driving cars to have a value proposition in a few years'
So it's kind of looking at are you relevant? Because are you commercial? Are people going to buy you? And constantly asking that question because even if you've been successful selling in the past...
It doesn't mean to say that, you know, and you say, oh, our customers love us.
It doesn't mean to say that you're going to provide what they need in the future.
So it's constantly looking at, is what we're doing relevant? Is it what clients

like basically you turn up you drop your car off oh yeah robot moves it parks it yeah and um the whole kind of thing with this is you know a it's quicker b you get less damages on the vehicles because they park in a way that is really you know it's all gps tracked and all that kinds of two they can get something like a third of extra cars in the car park because they can park them right next to each other because you haven't got to have room for the door to get out underneath the car haven't they Yeah, and I'm like, wow, that's really interesting.

So then when your second part of the formula in the profits is R is for? Relevance.
So if you think a lot of people start a business because they've got an idea, but they don't know if they're relevant.
Have you got something a customer needs? And with AI coming in now, there's going to be changing needs.
You know, if you're going to train as a taxi driver now, you're not going to be a taxi driver, are you?

You're going to find it quite hard with self-driving cars to have a value proposition in a few years'
So it's kind of looking at are you relevant? Because are you commercial? Are people going to buy you? And constantly asking that question because even if you've been successful selling in the past...
It doesn't mean to say that, you know, and you say, oh, our customers love us.
It doesn't mean to say that you're going to provide what they need in the future.
So it's constantly looking at, is what we're doing relevant? Is it what clients

like basically you turn up you drop your car off oh yeah robot moves it parks it yeah and um the whole kind of thing with this is you know a it's quicker b you get less damages on the vehicles because they park in a way that is really you know it's all gps tracked and all that kinds of two they can get something like a third of extra cars in the car park because they can park them right next to each other because you haven't got to have room for the door to get out underneath the car haven't they Yeah, and I'm like, wow, that's really interesting.
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