Have you struggled to identify a recurring revenue model that will work in your business? If so, you’re not alone. Most owners understand the benefits of recurring revenue, such as predictable cash flow and an increase in their company’s valuation, but struggle with where to start. Just changing your pricing from a one-time transaction to a smaller, recurring fee does not make a sticky subscription model. The first step of creating a recurring revenue model for your business

Are you a light bulb or a laser beam? A mentor of mine recently had a chance meeting with someone who is famous and who shared their philosophy about businesses. As it turns out, the famous person is Mat Franco a magician who won Americas Got Talent and won $1,000,000 prize money. He said that “laser beam” is the focus that allowed him to win on Americas Got Talent. He believes that a business is either a light bulb or a laser beam. Laser beams are just light bulbs who foun

In order to make the best company you can, you need to be fully aware of your competition, market trends and industry developments. Burying your head in the sand and moving full steam ahead will not help you to get your company to the next level. Know your Competition. Periodically research your competitors' websites, Google search them, check out any prices posted, team changes, special offers, etc. Examine Market Trends. Find resources and channels that will keep you infor