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
Solo Pro StrategiesHow to Make a Service-Based Business Work for YOU!
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
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
Think Differently
Knowledge (book learning)
Expertise (applied learning)
Strategy (forethought)
Leverage
Areas of Growth
Counseling/strategy
Training
Products, tools, updates
Trend watching
In New Ways
Be Different
You are unique - not a generic commodity
Your skills are you toolbox
Your background lends credibility
Remember
Individual Help?Let’s chat offline and create your own strategy.
Talk to me:
http://bit.ly/1hTUMgT