
Scaling your business to a one-to-many model
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In today’s episode of the podcast we are talking all about the online business space and how to move your business from a one-to-one model to one-to-many model. KEY TAKEAWAYS COVERED IN THE PODCAST · A one-to-one business model is where you sell you and your team’s time for money. · There is only so much you can get your team members to do – there will always be a limit. · When you have a one-to-one business model, the only way you can increase your income is by increasing your prices. · You only have a set amount of hours in your day. · You need to think about why you chose to start your business – was it to earn lots of money or was it to have more time freedom? · If you want to have time freedom – you may not want to work 24/7 to be able to earn that amount of money. · A one-to-many business model is about doing what you do, but to more people for a lesser amount. · What you charge one-to-one has to be your premium, then your one-to-many option is usually more cost effective for people. · A one-to-many business model could be that you offer a workshop, a course, a membership, a coaching programme – there are so many options! · One-to-many businesses are not ‘get rich quick’ options. · You can earn more money from a one-to-many model because it is scalable. · It is not easy to grow your one-to-many membership. · If you are not well known for your ‘thing’ or have an existing audience, you are going to find it difficult to have a successful launch. · There are lots of courses and memberships out there that will claim to teach you how to be “Insta-famous” but the reality is, just becau
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Scaling your business to a one-to-many model
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