205: How To Create A Recurring Revenue Stream
Manage episode 423031676 series 2858969
Do you dream of a steady, predictable income that allows you to focus on what you love – helping people?
Many practitioners get stuck in the cycle of fluctuating income. Some months are good and others aren’t. 😐If the sole source of your revenue is reliant on insurance reimbursements, one-off visits and consultations, or a basic fee for service model, you might be missing out on a golden opportunity.
In this episode, I’m talking about an important aspect of building a sustainable business model - one that doesn’t depend on the unpredictability of your current revenue model. 💰It’s known as recurring revenue and it’s easier to get started than you think.
Recurring revenue isn't just a buzzword – it's the way you can finally get out of the trap of unpredictability and have a solid income stream to keep your business running full speed ahead. 💸
Your patients will be more than happy to pay for something that helps them solve a problem, save time, or save money. Once you know what they need, you can provide a solution that benefits them - and you! They get what they need and you have a steady income stream that supports your business.
So, let’s start building a recurring revenue model that will really work! 💯
In this episode you’ll hear:
👉 How to find out exactly what your patients want so you can create solutions they’ll love.
👉 Proven tips for launching a successful membership program or starter course.
👉 The pros and cons of membership models vs. one-off courses - and which might be your perfect fit.
👉 Easy ways to keep your revenue stream rolling in with minimal hassle and maximum impact.
LINKS:
💥 Learn more about Clinical Business Academy!
🌟 Rate and review us on your fave listening platform.
101 episodios