In this week's episode of Aligned & Ambitious Radio, I’m diving into recurring revenue and how it can build huge consistency for your business. I’m also sharing tips on how you can go from having ups and downs each month in your income to sustainable recurring revenue.
Some topics I will be diving into include:
- When it comes to payment plans for self-study courses, ensure you have proper terms and conditions set up, and that you are protected.
- When you’re doing a live coaching container, avoid extending the payment plan too much.
- No matter what you do, it’s always good to have a few clients on retainer to stack your revenue.
When you’re a business owner, you must look at everything long-term. One of the biggest long-term strategies you could implement is recurring revenue, and there are many ways you can do so. Don’t get too caught up in the now, make sure you are planning and most importantly, setting up the proper legal protection for you and your clients. So to hear more on my top tips for building recurring revenue, tune in to episode 73 on your favorite podcasting platform.
And if you enjoyed this episode with me, Taylor, screenshot the episode and tag me on your stories - @taylorslango
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