How To Choose The Right Business Model With James Schramko
The Mike Dillard Show
Mike Dillard
4.8 • 583 Ratings
🗓️ 24 July 2020
⏱️ 51 minutes
🧾️ Download transcript
Summary
Our guest today is James Schramko.
James is one of the longest running, and most respected online marketers in the industry.
If you haven’t heard of him, that’s likely because he doesn’t have a massive following on social media?
Why not?
Because he doesn’t really want or need one.
What he does have, is the respect and attention of some of the most successful entrepreneurs in the industry who subscribe to his services which he charges up to $3,000 per month for.
He also has an elegant, multiple 7-figure lifestyle business that he’s refined and improved for over 10 years now which is something you rarely ever see.
So I thought I’d jump on a call with James, and have a detailed talk about business models because the two of us have seen just about all of them.
Should you go with high prices or low?
Should you build a business around monthly recurring income, or a one-time fee?
Should you start an education company, an agency, or a software business?
Should you focus on building a cash cow that can fund a nice lifestyle, or put all of the money back in your business and invest in future growth?
These are some of the most important questions you’ll ever have to answer as a business owner, and today James and I are going to help you do exactly that.
Resources:
SuperFastBusiness.com
Work Less, Make More: The counter-intuitive approach to building a profitable business, and a life you actually love
Follow James on Instagram
Music:
Track: Chime - Lifelong [NCS Release]
Music provided by NoCopyrightSounds.
Free Download / Stream: ncs.io/Lifelong
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome back to the Mike Dillard podcast, where we help entrepreneurs like you get the knowledge and skills that you need to bring your dreams to life. |
| 0:11.9 | Today, our guest is James Schramco. |
| 0:14.7 | James is one of the longest running and most respected online marketers in the industry. |
| 0:19.4 | Now, if you haven't heard of him, that's likely because he does |
| 0:21.8 | not have a massive following or presence on social media. Why not? Well, because he really doesn't |
| 0:27.9 | want one or need one. What he does have is the respect and attention of some of the most |
| 0:31.8 | successful entrepreneurs in the industry who subscribe to his various services, which can cost |
| 0:37.4 | up to $3,000 a month. |
| 0:39.7 | He also has an incredibly elegant multiple seven-figure lifestyle business that he has refined |
| 0:44.4 | and improved for over 10 years now, which is something that you rarely ever see. |
| 0:48.8 | So I thought I'd jump on a call with James and have a detailed talk about business models |
| 0:52.8 | because the two of us have really seen or |
| 0:56.2 | participated in just about all of them. For example, should you go with high prices or low prices |
| 1:02.9 | for your offer? Should you build a business around a monthly recurring income or a one-time fee? |
| 1:08.0 | Should you start an education company, an agency, or maybe a software business? |
| 1:12.4 | Should you focus on building a cash cow that can fund a nice lifestyle for you? Or put all of that |
| 1:17.4 | money back into your business and invest it into future growth? These are some of the most |
| 1:22.7 | important questions that you'll ever have to answer as a business owner. And today, James and I |
| 1:26.6 | are going to help you do exactly that. |
| 1:28.8 | Please welcome James Schramko. |
| 1:31.5 | James Schramco, welcome to the podcast, my friend. |
| 1:34.6 | Thank you. It's so good to be here after listening to your podcast. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Mike Dillard, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Mike Dillard and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

