Gained a paradigm shift from @jackbutcher
As an agency you spend more brain power solving client problems (more cost, less scale)
but you can productize your service & have it reach more people at a time (less cost, more scale)
As an agency you spend more brain power solving client problems (more cost, less scale)
but you can productize your service & have it reach more people at a time (less cost, more scale)
See it like this
if you offer a service for $10,000 or more, chances are you can work with lesser people because of the commitment involved
so it has less scalability
yet you can sell the process behind that for $497-$997 and reach more people
this has more scale & less cost
if you offer a service for $10,000 or more, chances are you can work with lesser people because of the commitment involved
so it has less scalability
yet you can sell the process behind that for $497-$997 and reach more people
this has more scale & less cost
so if your goal for instance was to hit $1,000,000 in revenue generated
You can either sell a $10,000 service to 100 people
or create a flywheel product for $997 that reaches 1001 people
one involves more time
the other has lower cost of duplication and a far higher upside
You can either sell a $10,000 service to 100 people
or create a flywheel product for $997 that reaches 1001 people
one involves more time
the other has lower cost of duplication and a far higher upside
Thanks @jackbutcher for the really important mind shift
Now I know what to focus on from next month
Definitely will be sharing the process as it unfolds.
Now I know what to focus on from next month
Definitely will be sharing the process as it unfolds.