If you run a services-based business, you’re going to love the three myths we’re breaking down in this episode. The truth is offering a service is the fastest path to cash and the majority of people with online-based businesses are actually offering, you guessed it services!
Here’s the scoop from episode #2:
- Sometimes running a service-based business can earn you the ‘side-eye’, we explain why this can make you feel ‘less than’ and how to overcome it.
- We break down what ‘passive income’ is, and why it’s not actually passive some of the time.
- We’re busting through the common myths of running a service-based business and breaking them down.
- We see people all the time wasting too much time, energy, and money on passive income when they could probably take the ‘fastest path to cash’ and start doing more 1:1 work.
- It takes a really long time to build a successful business that’s not service-based, when a service based business can help you really figure out your flow.
- You can build a service-based business with a really small list, we share examples from our own businesses.
- Growing a list and having a website, etc. over time is important over time as you build your business, but they are not essential to getting started.
- There is not a ‘one size fits all’ approach to running a service-based business, you can pick and choose any or none of them. It’s about what works for you.
- You have to look at what a viable income is for you and reverse engineer your business from there; not just aim for that ‘6 figure’ mark
- You are not indispensable to your clients: there is never a lifetime guarantee, you want to create a relationship that’s a partnership with your clients.
- Don’t fall into the trap of creating a new job for yourself where you end up with 5 or 6 bosses instead of being your own boss.
- If you care more about your clients’ business than they do, something is going wrong.
- If you’re constantly saying ‘yes’ to things you shouldn’t be doing for the client, you’re not serving them well and they will eventually get wise to that.
- You should never be more committed to the success of a client than you are to having them committed as a client of yours.
- If this sounds like you, give yourself some time and space to think about it and analyze where you are in your business.