Which Business Model is Right For You?

Which Business Model is Right For You? - Rhonda Swan

Starting a business was hands down the best decision Brian and I ever made for our family. We have a passion to help others make the same choice and be successful.

Today, I want to give you a free lesson from our Freedom-Preneur Academy. Drew Innes shares in this lesson about the 4 different business models you can choose from.

4 Business Models

In the Freedom-preneur movement, it is our goal to help you develop strategies that help you to align with your goals and reach a life that you love. That is why it is so important that you have a good understanding of the different types of business models there are.

1. Personal Products and Services

Some people already have a product or service that they know they are going to offer. These services or products could include:

• Digital products
• Online services
• Cleaning homes
• Lawn care
• Coaching

Of course, this is a very small list of things that make up products and services. I wanted to make the distinction here that this is a bit different than a brick and mortar business model, because these are jobs where you meet the customer where they are.

2. Affiliates and Bloggers

Becoming an online affiliate and/or blogger is one of the easiest ways for someone to get started in making money online. It doesn’t require you to have your own products or services to start with. All you will need to do is promote another brand and get paid a percentage of the sales.

For example, if you become a lifetime member of the Freedom-Preneur Academy, you can become an affiliate with us. Through our affiliate program, you can share information about our coaching services, and if someone makes a purchase, we will give you a large commission for it.
Learn more in this video:

There are two ways to do this:

Affiliate Marketing

There are some people that sign up as an affiliate for a product and spend all of their focus on selling that product or service. They will develop leadpages, web content, opt-ins, and so on to educate potential buyers about what they are selling.

Develop a Blog

Another great way to be successful in affiliate sales is to develop a blog. This is where you write about your passions and the things that resonate most with you. Then, you find affiliate programs that are in line with your brand messaging and promote it with your audience.  

Related post: How to Develop a Valuable Blog For Your Business

3. Affiliation With Business Opportunities

This is another form of affiliate marketing. The top two forms of affiliation with business are multi-level marketing and direct sales.

Basically, you will become an ambassador for a company and sell their products for them. Part of that business model means you bring in others to the company so that they will sell. You will make commission from your sales and their sales, also.

We have an association called the Online Alliance in the Freedom-Preneur Academy that falls under this category. If that is something you would be interested in, be sure to contact me so that I can get you the information you need.  

4. Brick and Mortar Businesses

I’m sure you know what a brick and mortar business is, because you likely shop in these on a regular basis. This is where a business owner sets up a location to do their business and the customer comes to them. They also have the ability to send their products and services outside of the location.

Take Your Business Model Global

Here’s one thing to consider, gone are the days where a small business owner has to stay local. You can take some of your services and products, depending on your industry, and make it global.

If you don’t have a position on the internet, you are doing a disservice to your customers. This goes for brick and mortar business just as much as the other business models. You need to be where your potential customers are hanging out.

Utilizing Ascension in All Business Models to Increase Sales

Ascensions is when you Increase customer value so that you can offer more of what people need and want. You can look at many business today and see where there is lost opportunity, because the owners are not maximizing what they offer.

If you don’t understand the role ascension plays, it can cripple your business. When you stop meeting the needs of your customers, you will lose them.

Look at your business and understand what products and services you have today that solve your customers’ problems. As you learn more about them, you will be able to develop more products and services that they need.

Another thing to ask yourself is how to bundle things in a different way to meet more needs. Take existing services and products you own and place them into different groups to target parts of your audience.

What Business Model is Right For You?

You may already have the business model that is right for you figured out. Or, you may be like many of the people that come to us. They know they want to be in business for themselves, but they have no idea what to do.

When you sign up for the Freedom-preneur Academy, we give you all of the tools you need to take your next steps in earning an income on your terms. We also provide you with coaching calls where you can ask questions and we provide you with the feedback that you need. Read More

AFFORDABLE VIRTUAL ASSISTANT SERVICES EXPERT COMPANY

AFFORDABLE VIRTUAL ASSISTANT SERVICES EXPERT COMPANY

Businesses, whether huge or little, have a considerable measure of obligations, all through the workplace. Each business has diverse divisions and in this way, has various things to do. Whether they’re an enterprise or only a straightforward office, the obligations are still the same, the technique to address them are still comparative the same. Nonetheless, because of absence of manpower or simply have all the more squeezing obligations to do, backlog sometimes transpire. In which, they tend to heap up until you can’t considerably recall when this backlog began and when you ought to begin doing it. The answer for that is to employ a reasonable virtual assistant.

A virtual assistant company might not have existed 10 years back, but rather they are beyond any doubt are making waves today. These organizations’ fundamental target is to supply different organizations and business with able virtual assistants, generally at a reasonable cost. The organization employs people who may have had experiences on being a virtual assistant or who is basically keen on an online work. In any case, they prepare these people on the ins and outs of being an online virtual assistant’s partner, making them up to date on new applications, frameworks and strategies.

For organizations and entrepreneurs, they accomplish more than what they are capable of. They invest hours upon hours gathering and meeting customers, supervising production. Furthermore, they might likewise want to spend time with family and companions. In any case, they can’t do that when on top of all that, they likewise need to administer and monitor business’ sites, websites, and advertising through keeping up their nearness in the online networking scene. These assignments are only a portion of the numerous things that are a piece of the business. Yet, these are alongside commonplace assignments, task that can be designated to somebody skillful, somebody who can sort out them and still keep the boss overhauled on the advancement made.

A virtual assistant organization knows how to address these issues. They are knowledgeable in the requirements of the normal specialist. Each business is distinctive, particularly in the way that things are being run, so these organizations dependably consider the entrepreneurs inclination in a secretary. Since the organization likely prepares the online secretaries saved in their labor pool, they can dole out the secretary that fits the inclinations most. The entrepreneur may have hired an affordable virtual assistant yet it doesn’t as a matter of fact imply that the quality is inadequate. This makes the secretary an able one as well as somebody who will live up to your desires with respect to hard working attitudes and also expects them for him or her.

An affordable Virtual Assistant organization like Need a VA has a wide selection of VA’s available with each possible ability to save your time and cash. In the event that you just need some services on a project basis, there’s no point in enlisting full time workers for those tasks when you have a Virtual Assistant available. Read More

11 Years Ago I Had a Vision to Work From Home

I Keep Moving Forward in My Business - Rhonda Swan

Each and every day, since then, I have had to put one foot forward and stayed focused on my vision. I’ve taken daily actions to become a better person and business owner.

When I started my first business, I called over 3,000 leads and didn’t make a sale…not even a penny.

I invest in myself, my education and listened to those around me that were having success and living the life I wanted.

Three months after starting my first online business, I walked into my boss’ office and said I needed to leave. I told her that I had found a business I could work from home and earn the same amount of money- if not more.

She laughed at me, and told me I would be back. Boy was she wrong.

I focused and built my business for another 3 months, taking daily actions and steps to learn the next move. I had small successes, and used those successes as a stepping stone in my growth.

I Made My Dream of Being a Work From Home Mom Come True

During those 90 days, my life turned around and so did my business. I never went back to the daily grind ever again.

It’s been 11 years since I said “YES!” to my new life, and said “YES!” to helping others achieve their dreams.

Has it been all sunshine and roses? Hardly, but it’s been the most rewarding adventure I’ve ever experienced and I wouldn’t change a thing.

I Share With Others How to Be Successful Business Owners

I’ve just arrived back in Bali after spending 2 weeks in Dubai and the Kingdom of Bahrain. I was able to share my journey with other Freedom-preneurs and had the chance to teach on the 8 Pillars to Online Success.

When we were in Dubai, all of the attendees were there to speak and give their Ted like talks. It was scary for them, because they had to speak in front of their peers and large crowds.

We went to a restaurant so that they could practice their speeches in front of the people that were there. Even though I’ve spent a lot of time on stages, I’ll be honest, it was kind of hard for me.

The goal was to desensitize themselves from caring what other people think. The biggest thing that stops people in their tracks is what people think about them. When others say things to you that affect you negatively, you end up changing the way you live your life.

I’m so thankful that I have worked to overcome what others think of me. The day I told my boss I was leaving and never coming back, she thought I was absolutely crazy. What if I had allowed what she thought of me to dictate my next steps? I wouldn’t be here today, that is for sure.

If someone had told me 11 years ago that I would be on stage speaking life into a crowd of entrepreneurs that have a DREAM to be FREE, and to live as a Freedom-Preneur, I would tell them they are crazy.

This is what having a vision can do for your life and for the life of others.

Don’t be afraid to fail or fall. Get back up and keep moving. Your life awaits you!

Some people watch on the sidelines- others play the game. Are you ready to stop caring what others think about you and boxing yourself into what this world says you have to be? If so, I invite you to check out the Freedom-preneur Academy. I hold nothing back in this training program, so that you are able to make the changes you want to make in your life. Read More