Welcome fearless founders! In this episode of 10 Minute Tuesday, I dive deep into the game-changing concept of recurring revenue. From subscriptions to memberships, discover how building consistent income streams can transform your business, increase its valuation, and give you financial stability and growth. With real-life stories, practical strategies, and a clear value ladder roadmap, you'll walk away ready to implement recurring revenue in your own entrepreneurial journey.

Timestamps:

00:00 – Intro to recurring revenue

00:18 – Why recurring revenue is crucial for business stability

00:45 – Examples: Subscriptions vs. Memberships

01:52 – Real-world example: Low business valuation without recurring income

02:14 – Case study: Transforming a business with a membership model

03:58 – Recurring revenue math: Potential earnings breakdown

05:02 – 3 quotes that capture the power of recurring income

06:16 – 5 steps to build recurring revenue into your business

07:07 – Example of my own value ladder

10:19 – Automate, retain, and improve your offers

11:20 – Action step: Brainstorm and calculate your recurring revenue potential

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