203. You Asked, I Answered: ONE Question About Whether Revenue Share Is Right for Your Business
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One of the questions I get asked most often is how I make the kind of money I do as a 1:1 coach.
Right behind that is: How do you really feel about revenue share?
Very quickly followed by: Do you think revenue share would work in my business?
I've used a revenue share model for about five years, both as a client and as a coach. I'm still paying my own coach this way nearly eight years later, and I've built my entire 1:1 coaching practice around it. I've also seen (and love) clients and peers adopt this model after watching how it's worked for me.
That said, I don't think revenue share is right for everyone. Like any business model, it comes with tradeoffs that are important to understand before opting in.
That's why, in Episode 203 of ONE Question, I'm answering your question about whether revenue share is right for your business and sharing my unfiltered experience after years on both sides of this as a client and coach.
Whether you're simply curious about revenue share, actively considering it for your business, or trying to understand how I think about scaling more broadly, this episode will help you think more clearly about what actually matters when choosing a business model.
In this episode, you'll hear:
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Who revenue share does (and doesn't) work best for practically speaking.
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The real truth about control and speed when scaling with revenue share (and why this isn't a get-rich-quick strategy).
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The risk involved with this model and how I recommend protecting yourself if you use it.
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How revenue share encourages long-term relationships, retention, and deeper client results.
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What's been hardest for me on both sides of this model as a client and as a coach.
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The mindset work required to make revenue share sustainable (especially around boundaries, enoughness, and money).
Episode Links:
Sign up for Kim's Free Masterclass, The Simplified Scaling Blueprint here
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Sign up for free to join The Vault here: a private podcast feed with weekly mini-masterclasses on the mindset & strategies that are working right now to grow a six and seven-figure business.
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Join Kim's FB Group, Business Besties & Creative Bosses here
Have an unapologetic question you want me to answer in an upcoming episode? Submit your Q here
Book a free coaching consultation here
Kim's website