solo pro strategies: rethink the service business model
DESCRIPTION
Selling services by the hour is easy and quick to get started but it's not a profitable business model. Here's a way to rethink the strategy and build a more lucrative business.TRANSCRIPT
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Solo Pro StrategiesHow to Make a Service-Based Business Work for YOU!
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Service-Based Business Model
Easy low-cost start up
You’ve already got what you need
Very low overhead to run
The back-end administration is simple and uncomplicated
The Pros
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Service-Based Business Model
Tends to be structured after a ‘job’
Service is positioned as a commodity
Focus on competition and hourly pricing
Light on individual branding and current trends and technology
Light on Business Strategy
The Cons
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Think Differently
Knowledge (book learning)
Expertise (applied learning)
Strategy (forethought)
Leverage
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Areas of Growth
Counseling/strategy
Training
Products, tools, updates
Trend watching
In New Ways
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Be Different
You are unique - not a generic commodity
Your skills are you toolbox
Your background lends credibility
Remember
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Individual Help?Let’s chat offline and create your own strategy.
Talk to me:
http://bit.ly/1hTUMgT