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Strategy Sunday
Overview
Vision for you and your Business Goals – 1 year, 3 year, 5 yearYou and your Business Plan
Business Trends in 2016 How business trends may affect your strategy in the coming years
Revenue Layers = $58,500 total Diverse Business Model
10,0003 clients.
$29750 clients
$99710 client
$49730 clients
$97200 clients
E-bookUnlimited
Model Pro Con Time
Direct sales One on one Need enough customers Time per customer high
Value added reseller Added value so part of network of sellers
Do customers want it? ?Marketing with others –less time on own
Freemium Have a paid version with better features
Need enough customers willing to pay
Marketing awareness
Affiliate Don’t create the product
Selling alongside others competing with you for sales
?Need customers willing to be on your list
Online content Available to buy Will anyone buy it Create a content creation process reduce time spent
Online Educator Willing to teach to wide audience
Do customers want it Live and then replays
Premium Higher return on valued price
Is there enough customers
One on one marketing `
Coaching One on one or Group –personal
Time spent one on one –Time=Price
Time spent one on one limits revenue
Subscription Monthly revenue Will customer want it and content updated each month
Marketing time Content creation time
Strategy Sunday
What kind of business model do you envision will match with your Goals for your Lifestyle Business?
Before you can decide on your business model, you have to decide on what you want your Lifestyle Business to be in terms of your Goals and Vision for the business.
The business model will work with your lifestyle. You don’t make your lifestyle fit the business model.
Strategy Sunday Go to http://jtips.com/ssunday and you can get your Purpose, VisionLegacy5 year, 3 year and 1 year goal for your business, your family, your life and your monetary goals for your business !
Plan your Business Go to http://jtips.com/plan 1. What Is A Business Plan and Why Do You Need One?
2. How to Pick Your Online Business Model
3. How to Conduct Market Research for Your Online Business
4. How to Define Your Unique Selling Proposition
5. How to Write Your Elevator Speech for Your USP
6. How to Set Your Short Tem and Long Term Business Goals
7. How to Develop Your Sales and Marketing Plan for Your Online Business
8. Determine the Obstacles to Face and Resources You Need to Meet Your Business Goals
9. How to Implement Your Business Plan for Ultimate Success
10. How to Determine If Your Business Plan Will Be Profitable
11. The Essentials You Need to Know for Estimating Your Future Revenue
What Is a Business Plan and Why do You Need One?
•A business plan doesn’t have to be complicated•Map out goals, action plan, and financials
Why Create a Business Plan?
•To get funding•To get your business organized•To see where you’re going wrong
Business Model Description
Unique Value Proposition
Business Goals
Marketing Plan
Action Plan
Financial Forecast and Budget
The Key Components of a Business Plan
Business Model Description
The Key Components of a Business Plan
Strategy Sunday
Next week
Look at the some Online Business Models
To catch up with the Strategy Sunday trainings and the rest of the week, go to Solopreneur Success Strategies Playlist on my Youtube channel at http://jgtips.com/youtube.
