041 Why You Need A Multi Approach Business Model
Making Money Online with Lisa Johnson
Lisa Johnson
5.0 • 567 Ratings
🗓️ 14 March 2022
⏱️ 17 minutes
🧾️ Download transcript
Summary
Today I want to talk to you about some of the different business models out there for selling your services and why it's so beneficial to have a multi-layered approach.
I know it can get noisy online with everyone having an opinion on the best way to sell and how one method becomes a trend and then it disappears and something else becomes "the thing you must do to be successful."
But here's the truth - there are a million ways to make a million pounds and no one way is better than the other.
However, when you apply a multi-layered business model and build an eco-system where one offering feeds off another, you can stop hustling day-in and day-out and actually wake up in the morning with more money in your bank account than you went to sleep with.
So let me tell you why you need a multi-approach business model and how to start building it.
What You'll Learn In This Episode:
- How to structure an automated business model that takes clients from a free or low ticket price point all the way through to high ticket offerings.
- The importance of building a sustainable business that builds an ecosystem and moves you away from relying on stressful launches to turn a profit.
- Why having all your eggs in one basket won't help you reach your business goals, but building multi-layered models can.
- And why adding more income streams doesn't have to mean working longer hours and you can still maintain a connection with your clients while automating elements of your business.
Resources:
- Join the Race to Recurring Revenue
- Download my FREE Launch Strategy Guide
- Visit my website www.lisajohnson.com
- Follow me on Instagram @lisajohnsonstrategist
- Follow me on Facebook @lisajohnsonstrategist
- Join the discussion at @thefabulous5percent
- Subscribe to my YouTube channel
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're listening to Making Money Online with Lisa Johnson, the podcast that tells you what it really |
| 0:09.2 | takes to build a business and the simple steps to get you there. I'm determined to share with you |
| 0:13.9 | the reality of easy, simple business marketing tips to make passive income so that you can start |
| 0:19.5 | making money online. |
| 0:29.9 | Hi, welcome to this week's podcast. So what I want to talk about today, I'm a bit breathless today. Hopefully you won't get annoyed by my voice. A bit all easy, a bit breathless. But I wanted to |
| 0:36.9 | talk to you about why you need a multi-approach |
| 0:39.4 | business model. It's really important. I've been seeing a lot out there about not doing it. |
| 0:44.9 | And therefore, I have to tell you why you need it. So I hear loads of things about doing |
| 0:51.2 | evergreen for a start. So someone will say, oh, you need to do evergreen. You don't want to |
| 0:56.0 | be doing launching. Evergreen is the way to do it. And for a while, it will become a trend. And I've |
| 1:00.8 | seen this over four, five years of like every now and again, something will become popular. And then |
| 1:06.8 | everybody will talk about that. And then it will disappear. And then another thing will become |
| 1:11.3 | the way of doing things with the launching or whatever. So at the moment, I'm seeing those people |
| 1:15.9 | talking about doing Evergreen. So what is Evergreen? Evergreen is where you have something, |
| 1:21.1 | let's say you have a course or something like a group program, or a membership, but it's open all the time. So you can make |
| 1:29.2 | money from it all the time. It's, you know, you're not launching it in the traditional sense of |
| 1:34.4 | you do a launch online where your course is open for enrollment for five days. You put all your |
| 1:40.1 | effort into it for five days and then you close the doors and then you're in delivery mode. |
| 1:44.4 | But people can't come in in between the launching. Some people do launches four times a year, |
| 1:50.1 | some people twice. My main program is only launched once a year, but we do make, you know, |
| 1:54.8 | millions from it each time. And so people find launching sometimes a bit difficult because you do put all your energy into it for a couple of weeks. |
| 2:04.2 | And people say, how it's really stressful. |
... |
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