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I think every entrepreneur needs a product of some sort
I’m a service provider, products aren’t my thing. I acknowledge that service providers can make a killing as well. My firm surpassed 7-figs in revenue a little over a year after opening. Our average contract is over 6-figs
I’m a service provider, products aren’t my thing. I acknowledge that service providers can make a killing as well. My firm surpassed 7-figs in revenue a little over a year after opening. Our average contract is over 6-figs
Trust me I get it. This isn’t to discourage service providers. People will pay A LOT of money for a service you can provide. But what comes with that service? Your time - and normally lots of it!
Now I know some people are like me, they love what they do, love providing
Now I know some people are like me, they love what they do, love providing
a service, love making a difference butttt you can take 2 hours to create a course & still make an impact, probably in a larger way because it’ll be more affordable & impact hundreds, even thousands from one product.
Not to mention the passive income lane you have just swerved
Not to mention the passive income lane you have just swerved
into. You can take 10 hours out of your week to produce a 2 hour masterclass, set your price at $100 and hit 5K just from selling 50 - which is only 12 or 13 a day for one month. You could do that!
Another thing I do is run a presale BEFORE actually doing the webinar, course, or masterclass. I make x amount of dollars before I even produce it and if I don’t make x amount of dollars during presale, I send the money back & keep pushing. That’s only happened once but
it is so worth it so I can make sure I am getting paid for my time regardless.
Your x amount of dollars is determined by what you are releasing and how long it will take you to produce it.
& especially if you’re a service provider killing it, your audience will crave your
Your x amount of dollars is determined by what you are releasing and how long it will take you to produce it.
& especially if you’re a service provider killing it, your audience will crave your
products - trust me!
Take the time to think about what value you could provide in a condensed - but still effective - way and convert that into a 45-60 minute webinar just to get your feet wet.
Take the time to think about what value you could provide in a condensed - but still effective - way and convert that into a 45-60 minute webinar just to get your feet wet.
