Ep. 3045 - Q&A: “Should I switch my business to a subscription model?”
Side Hustle School
Chris Guillebeau / Onward Project
4.8 • 3.3K Ratings
🗓️ 3 May 2025
⏱️ 7 minutes
🧾️ Download transcript
Summary
Is switching to a subscription model the right move for your business? In this episode, we explore the pros, cons, and strategies for making the transition without alienating your customers.
Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
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Transcript
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| 0:00.0 | SIDISL School is brought to you by our longtime partner ShipStation. With ShipStation, |
| 0:04.6 | lead your business into the future with smart features and automations that boost efficiency and save you time. |
| 0:10.8 | Over 130,000 companies have grown their e-commerce businesses with ShipStation. Calm the chaos of order fulfillment with the shipping software that delivers. |
| 0:18.9 | Go to shipstation.com and use code hustle to sign up for your free trial. |
| 0:22.9 | That's shipstation.com code hustle. Build your business in just 10 clicks and 10 minutes. |
| 0:29.7 | Starting your business should be simple. Get more when you start with Northwest registered agent, |
| 0:34.4 | your entire business identity in just 10 clicks and 10 minutes. |
| 0:38.9 | Don't wait. Protect your privacy, build your brand, and set up your business in just 10 clicks |
| 0:42.6 | and 10 minutes. Visit Northwestregisteredagent.com slash side hustle and start building something |
| 0:48.0 | amazing. Again, get more with Northwest Registered Agent at Northwest Registered Agent.com |
| 0:53.5 | slash side hustle. |
| 0:57.6 | Lemonada. |
| 1:02.4 | Should you switch your business to a subscription model? |
| 1:09.9 | These days, subscriptions have become a hugely |
| 1:12.4 | popular business model for everything from digital products to physical goods. It offers consistent |
| 1:17.3 | income if you've got people paying once a month or even once a year and the potential for |
| 1:22.1 | a long-term customer loyalty. But is it the right move for every business? Well, I'll just say right |
| 1:27.3 | out it's probably not the right move for every business, but is it the right move for every business? Well, I'll just say right out, it's probably |
| 1:27.8 | not the right move for every business, but is it the right move for your business or your |
| 1:32.0 | side hustle idea? Should you have a subscription? Should you offer that? Should you just sell one-off |
| 1:37.2 | products? Is there some combination? We're going to hear a question today from Megan in Denver. |
| 1:42.0 | She is considering transitioning her digital template shop to a |
... |
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