Listen "How To Create Recurring Revenue"
Episode Synopsis
When there’s uncertainty around where the income is coming from next, it can bring a sense of overwhelm and exhaustion to your business. This is where creating one or multiple methods of recurring revenue comes in. Getting a consistent and predictable income in your business is your ticket to freedom from that overwhelm. Operating from a place of lack won’t bring you the results you want. Plus, selling becomes funner and lighter when the financial pressure is off. Bringing recurring revenue into your business can help you forecast for your future and build a financially sustainable business.“Starting each month in abundance is so freeing. Knowing that your bills are paid for and everything else is extra is freedom to me.” - Sarah LambertTopics CoveredHow Sarah used to start her months and the pressure it created.The secret to entering each method with abundance.What monthly recurring revenue (or MRR) is.What to think about when you hear people talk about large cash months online.How starting off your month with abundance makes selling easier.A few different options for creating recurring revenue streams.The benefits of payment plans versus pay-in-full offers.What high-ticket offers look like and how they’re structured. What your potential clients are willing to pay for the most.What to consider before you create a membership program.How retainer clients can support recurring revenue in your business.What to expect when you’re shifting business models Why it’s important to create a new ecosystem (and escape your self-imposed chaos)Ready for Expansive Strategies and Shifts? Connect with Sarah on Instagram: www.instagram.com/thesarahlambert
More episodes of the podcast The Expansive Entrepreneur
How to add 6-figures to your bottom line
31/10/2023
How to have consistent high cash months
03/10/2023
How to shift your energy
26/09/2023
How I manifested a book deal
19/09/2023
The real reason for morning routines
05/09/2023
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.