Subscription Payments: Monthly, Quarterly or Annually?

So many businesses could benefit from a subscription model as a way to provide their products and services. It’s a great way to build recurring revenue into your business but how often should you ask for payments? We’ve been exploring subscription models lately. We are highlighting subscriptions right now because they just make a lot…

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To Tier or Not To Tier

Over the past several weeks, we’ve been exploring the power of subscription models. Layering tiers onto a subscription approach can be very beneficial to your business, giving you access to customers you might not otherwise have access to. Often a business will offer several levels or tiers of a product or service. One example I…

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What is influencer marketing?

You’ve heard it before and think you know what it is but just what is influencer marketing? Pretty much whenever a Kardashian does anything, they are involved in influencer marketing. But beyond such mega-influencers whose every waking breath is a potential product placement, how can influencer marketing help the rest of us? Well, the good…

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What is Affiliate Marketing?

For a long time, we had heard about affiliate marketing but were a little fuzzy on the details. We understood the basics, but how do you get into it? How do you promote other people’s products and get paid for it?  As we began to develop our 7 Sources of Residual Income we became much…

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What is a subscription model?

You text a friend to tell them when you’re available for lunch today. You browse some financial news behind the firewall at Bloomberg.com. You head to the gym over lunch – it’s an upper body day. Later when you get home, a box from Stitch Fix is waiting on the front porch. After dinner, you…

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The Automatic Customer

If you know me, chances are you know about this book. It is, in my opinion, one of the top 5 books all entrepreneurs must read. Why is it in my top 5? Let me tell you. Theme of the Book The Automatic Customer is a book by John Warrillow. John owned a consulting business…

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