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Creating Revenue Streams

Lesson 8 from: FAST CLASS: Turn Your Talent Into a Business in 12 Steps

Beate Chelette

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Lesson Info

8. Creating Revenue Streams

Lesson Info

Creating Revenue Streams

that's so bad. Revenue stream. What do you think? So revenue streams. And this is a mind mapping software that I use, which we will also talk about and again if you haven't gotten the workbook. This is about time now, because now it's about creating revenue streams, and we have that on page 13 and page 14 off the off the workbook. So revenue streams, you know, not put it out like this. So if the business is in the middle, then the money should come from different entry points. And there's passive income and this active incomes. Okay, let's talk about what's your main product? How is anybody gonna going to order your product? Is there an up sell? And if they don't want your product, is there down self? So it goes like this. Somebody goes to the website. They look at the women's code Ambassador course. That's $ and they go, well, sounds really interesting. Now they want to leave. I'm going. Wait. Is it the price? Because we also have, you know, the work life balance course, and it's only...

$ and then that's the down So right before they leaves. Like, was it the price? And here's something something cheaper. If something somebody buys it and they go through the course, it's easier to sell some something to somebody who's already your client and maximize thumb. So what can I give them? In addition, so they become a repeat climbs, You know, in the segment, we would talk about the testing in the probing and the serving in the researching. I cannot overemphasize enough if you want to get through the next level. It's not just about what you think. It's about what your market tells you. And when your market tells you you're on to something like the celebrity homes for me, don't be afraid to throw everything out the drain and just focus on that for now, because again, we talk about making money. Cash in the bank is the key to survival for a business

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