David Watts, a hugely successful businessman, tells us about his career and how he became head of Chrysalis Partners
Like many of you, I started my career in a pretty ‘ordinary’ job, within the printing industry. However, even at the age of 22, I knew that I was capable of achieving much more, so I decided to start my first business. I wanted more than just to simply build wealth for others, I wanted to be in control. I made some money, but to be honest not a great deal. My ‘weakness’ back then was a lack of commercial sales experience, so I sold my printing company and learned how to grow a business, negotiate better and close deals more effectively. I was hungry for knowledge and learned fast, soon discovering that growing sales for others came easily to me. By the age of 28 I had joined a small technology business with a US parent company who wanted aggressive growth, but were haemorrhaging cash and generating sales revenues of less than £100,000. Within six months I had become MD and by the time I decided to spread my wings and create some personal wealth, I had taken that business to just shy of £10million.
Now again, possibly like you, I researched many franchise opportunities across all manner of disciplines, however the one that kept coming back to the top of the pile was Business Coaching and Consulting. Why? The start up costs are very reasonable, the overheads are minimal and the potential upside is huge. The size of the target market (literally millions of UK businesses) made the decision easy - I recruited sixteen or so Business Consultants/Coaches over a couple of years and enjoyed the business immensely.
In 2015, I decided that I wanted to bring a new approach to Business Coaching, offering one-to-one Coaching to more clients than ever - a service not readily available in the marketplace at that time. This is what makes Chrysalis Partners unique: we can offer one-to-one coaching for a few hundred pounds per month, while maintaining an excellent hourly rate. When clients see the benefits and experience the growth that we can deliver, we can move the client on to an advanced platform, increase fees and the level of attention, and accelerate growth further and faster – a true win/win. Partners are financially incentivised via our engagement model to grow the business; therefore clients feel that we are an integral part of it.
In the UK about 300,000 businesses ‘die’ every year; as a Chrysalis partner not only can you earn a great income from your business, but you can do this while helping other businesses to grow and flourish. So does this system work and to what extent? Well, here’s what a couple of my clients have to say…
“Working with David Watts was a very positive experience and resulted in significant revenue for the Razberi business in the UK and Europe, generating millions of dollars during the period that we worked together.”
Tom Galvin – Client
“I have seen first hand how working with David Watts creates explosive growth within a business and drives the sales to deliver excellent results.”
Chris Peterson – Client
At a glance Chrysalis Partners
Number of franchised outlets: 6
Location of units: Nationwide
Investment range: £27,950
Contact: David Watts 01403 888339 www.chrysaliscoach.co.uk