933. Choosing The Right Business Model For The Next Step On Your Business Journey
The Kelly Roach Show
Kelly Roach
4.9 • 965 Ratings
🗓️ 20 July 2023
⏱️ 48 minutes
🧾️ Download transcript
Summary
In this episode of the Kelly Roach Show, Kelly explores different business models, equipping entrepreneurs with valuable insights for their unique business journey.
In order to attain success, it is imperative to take a meticulous approach when evaluating your available options. It is important to understand that there is no universal solution that will work for everyone. Therefore, taking the time to identify the most effective strategies for your specific circumstances is paramount. By doing so, you will be setting yourself up for long-term prosperity in all aspects of your life, whether that be in your personal or professional pursuits.
Also in this episode:
- The pros and cons of different business models
- The pros and cons of a done-with-you model
- The Advance Innovation Society
- Advance is all about building a peer-to-peer network
- What is a virtual business school
- The pros and cons of the course model
Stay Connected With Kelly Roach:
Instagram | LinkedIn | Facebook | Youtube | Kellyroachcoaching.com | Email: kelly@kellyroachcoaching.com
Grab One Of Kelly's Roach's Bestselling Books:
- Unstoppable: 9 Principles for Unlimited Success in Business and Life
- Conviction Marketing
- Bigger than You: The Entrepreneur's Guide to Building an Unstoppable Team
- The Live Launch Method
This Podcast Is Produced, Engineered & Edited By: Simplified Impact
Transcript
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| 0:00.0 | Welcome to the Kelly Roach Show, the place for no fluff easy to implement 20 minute or |
| 0:10.8 | less business and leadership lessons to help you build a sustainable business that scales. |
| 0:17.6 | Lead with integrity and create a lasting legacy. |
| 0:21.6 | I'm Kelly Roach, former NFL cheerleader and Fortune 500 executive turned 8 figure entrepreneur. |
| 0:28.1 | Let's get started. |
| 0:30.0 | Welcome back. Thanks so much for tuning into the Kelly Roach Show in today's episode. |
| 0:33.9 | We are exploring different business models and really breaking down the pros and the cons |
| 0:39.9 | to help you to discern what the right business model to pursue in the next phase of business |
| 0:45.6 | is for you. One of the most interesting things about the way that business is taught in the online |
| 0:51.6 | space is that everyone seems to have these wild proclamations about right versus wrong |
| 0:58.1 | in terms of business model price point style of marketing and everything in between. |
| 1:04.0 | But the truth of the matter is is that each business model and each price point has its own |
| 1:09.9 | pros and cons and at different stages in your business journey different models may be a |
| 1:15.8 | bitter fit for you depending on what your goals and objectives are at hand. |
| 1:21.7 | For me one of the big reasons why I spent the last couple years really dialing into the one |
| 1:29.0 | thing in each of my companies and then breaking out separate brands so that they could each have |
| 1:34.8 | their one thing is that the thing that I do know for sure is that simplicity scales and complexity |
| 1:41.8 | kills. And so my primary objective is allowing each one of my companies to be the best in the world |
| 1:48.4 | at their one thing. The interesting thing for me is in building out these six different companies |
| 1:55.7 | I've had the opportunity to really explore and understand different business models different |
| 2:01.2 | price points different go-to-market strategies and different mentalities and really see what the |
| 2:06.4 | pros and cons are which is one of the main reasons quite frankly why I wanted to do this because |
... |
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