Episode 843
Balancing profit and lifestyle: Designing your business model (Part 1)
I see so many online business owners trying to build a business without taking the time to intentionally design their business model. This not only leads to burnout and overwhelm, but also creates a business that doesn't align with your goals, or your...
August 6, 202422m 49s
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Show Notes
I see so many online business owners trying to build a business without taking the time to intentionally design their business model. This not only leads to burnout and overwhelm, but also creates a business that doesn't align with your goals, or your lifestyle. In today's episode, I'm sharing 4 essential components of a business model that balances sustainability, profit *and* lifestyle.
- The importance of intentionally designing a business model that aligns with your goals and vision.
- Why visioning is crucial for business model design and decision making.
- The 4 different types of online digital product offers and how these can be combined.
- Using your vision *and* your offers to create an offer suite that serves your ideal clients at different stages of their journey.
- Why pricing your offers correctly is so important, not just for profit, but also for avoiding burnout.
- 3 common pricing mistakes and how you can avoid them in your business.
SHOW LINKS:
- DM me “OLSM” on Instagram (@stephtaylor.co) to find out more about “Offer Less, Sell More” or visit https://stephtaylor.co/offer-less-sell-more
- Get my Daily Biz Booster emails: https://stephtaylor.co/DBB
- 5 Simple Tweaks to Boost Your Launch Profits: https://stephtaylor.co/tweaks
- Want me to spend a day working on your next launch? Book a VIP intensive: https://stephtaylor.co/vip
- Get The A-Z Podcast Launch Plan: https://stephtaylor.co/plp-ig
- Get a 30-day free trial of Kajabi: https://stephtaylor.co/kajabi
Let's be Instagram friends: https://instagram.com/stephtay...
- The importance of intentionally designing a business model that aligns with your goals and vision.
- Why visioning is crucial for business model design and decision making.
- The 4 different types of online digital product offers and how these can be combined.
- Using your vision *and* your offers to create an offer suite that serves your ideal clients at different stages of their journey.
- Why pricing your offers correctly is so important, not just for profit, but also for avoiding burnout.
- 3 common pricing mistakes and how you can avoid them in your business.
SHOW LINKS:
- DM me “OLSM” on Instagram (@stephtaylor.co) to find out more about “Offer Less, Sell More” or visit https://stephtaylor.co/offer-less-sell-more
- Get my Daily Biz Booster emails: https://stephtaylor.co/DBB
- 5 Simple Tweaks to Boost Your Launch Profits: https://stephtaylor.co/tweaks
- Want me to spend a day working on your next launch? Book a VIP intensive: https://stephtaylor.co/vip
- Get The A-Z Podcast Launch Plan: https://stephtaylor.co/plp-ig
- Get a 30-day free trial of Kajabi: https://stephtaylor.co/kajabi
Let's be Instagram friends: https://instagram.com/stephtay...