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The $100 MBA Show

MBA2089 4 Quick Revenue Strategies for Tight Times

The $100 MBA Show

Omar Zenhom

Marketing, Entrepreneurship, Careers, Business

4.91.2K Ratings

🗓️ 12 July 2022

⏱️ 13 minutes

🧾️ Download transcript

Summary

Experts agree a recession is on the horizon. Most small businesses will have to keep a closer eye on their budgets, very soon.

Transcript

Click on a timestamp to play from that location

0:00.0

Heyo! Welcome to the $100 MBA show helping you build the business you want every single day with our daily 10 minute business lessons for the real world.

0:17.8

I'm your host, your coach, your teacher Omar Zenholm.

0:20.8

I'm also the co-founder of Webinar Ninja, an independent software company I started

0:24.6

my co-founder back in 2014 and in today's lesson you will learn four

0:28.8

quick revenue strategies for tough times.

0:31.4

Listen we're entering one of the biggest recessions of all time and you may not have the

0:36.2

revenue to spend on marketing, to advertise, to bring in new customers to bring in more revenue. You might even have customers cancelling your

0:44.7

contracts or your subscriptions and you want to be able to bring in more revenue to

0:49.5

make up for that. So in today's lesson I'm going to show you four strategies that you can implement to gain more revenue, to have that financial safety net, even if you don't have money to spend right now to attract customers. And these are quick to implement. They're not hard to do and they'll allow you to bring in more revenue in the next few weeks or months.

1:10.0

The best part is, is once you install these strategies in your business, you can continue to benefit from them even when times get better.

1:18.0

And you don't necessarily need them for extra cash.

1:21.0

They just become a new revenue stream for your business. So let's get into it.

1:26.4

Let's get down to business. All right, let's jump into the first of the four quick revenue strategies I want to pass on to you.

1:34.8

The first one is probably the fastest one to implement, the easiest one to do, but requires

1:40.0

a little bit of thought on your end before you start implementing.

1:42.8

And that's creating partnerships with other companies with other brands that work for your

1:48.0

business, your brand, your audience.

1:50.3

Let me explain what I mean.

1:52.1

Your business, your service, your product can't do everything,

1:56.1

but your audience might need other things. For example, you might be a web developer

2:02.1

and you create websites for your clients.

2:05.0

That's your bread and butter. That's what you do.

...

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