"This will put people out of business." - Episode 051

2 Feb 2024 · 55 min
55:28

Podcast episode (Mike Andes & Lee) covering Augusta's strategy to build a defensible moat via proprietary software and operations. Key initiatives: Max AI (AI phone-answering/lead capture), instant-quote interactive pricing/forms tied into Copilot, Command Center (call/ops support), and broader software infrastructure to reduce overhead and increase margins. Mike argues these custom tools (costly to build) will be differentiators that competitors cannot easily duplicate, enabling price competitiveness and faster scaling; he positions a $14,000/year value for Augusta members. Episode also discusses operational challenges scaling Command Center, community value (peer support, retreats), and listener Q&A about learning call-center/admin operations. Includes a Tesla-related tangent and brief recommendations (The Book of Virtues).

Questions this video answers

$14,000 per year (he also references roughly $1,200/month equivalency).

About 37% leave a voicemail (national average cited).

Approximately 79% of people complete the call with Max.

Calgary call center: $2.97 per minute; Augusta: $0.90 to $1.09 per minute (roughly one-third the cost).

He estimated getting past ~300 U.S. locations to meaningfully feel lead-trajectory differences (versus ~150).

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