Episode 115: Recurring Revenue: The Secret to Consistent Cash Flow

Did you know that having a business model that includes recurring revenue can increase the value of your business? Plus, offerings that can help you predict your monthly cash flow are valuable……. episode 115 of Amplify Your Success Podcast

Be sure to join the conversation in the Amplify Your Success Community and share your input there too.

 

Key Takeaways

• What recurring revenue is and why it’s a game changer for entrepreneurs and business owners.
• Four unique “recurring revenue” business models to generate consistent cash flow in your business.
• I share an example of one business that increased their revenue potential from just breaking six figures to 7 figures by introducing a second monthly revenue tier to their members.
• The consistent income model for coaches and consultants (this can add $25k to your monthly cash flow.)
• The pros and cons of the establishing a membership site model

 

[Recurring Revenue: The Secret to Consistent Cash Flow on Amplify Your Success #Podcast Episode 115 with @melcoach]

 

Mentioned In this Episode:

• - PET
• Rev Rush
• Awaken Leadership
• David Shriner Cahn, Smashing the Plateau
• Apply for coaching with me
• Awaken Leadership Mastermind
• Own Your Bold Inner Circle
• Blog Post:
• 3 Must-Have Dream Team CharacteristicsBlog Post: How Entrepreneurs Can Avoid Costly Hiring Mistakes
• Blog Post: How Entrepreneurs Can Avoid the Biggest Hiring Snafu’s
• FREE Own Your Bold Challenge
• Amplify Your Success Community