All Episodes

February 26, 2024 51 mins

Here's 7 things I see holding business owners back from their goal to build a leveraged business model.
This is based off seven years of experience and working with hundreds of online founders, and noticing patterns.
I hope recognising these will help you to shortcut the process.

[PS Our newsletter is live! Subscribe here].

1️⃣ Time & the Hockey Stick Effect
Building a leveraged business model takes MORE time upfront, and less time later on.
2️⃣ Misaligned Positioning
Get clear on who your offer serves, and match what you do to their problem.
3️⃣ Too Many Offers
At max, you need three offers - an audience offer, a core offer and an anchor offer. They should all complement and feed into each other.
4️⃣ Not Applying Scalable Traffic Strategies to a Scalable Business Model
The traffic strategies that work for a 1:1 or service business model won't be enough when trying to sell a leveraged offer. More units to sell means that you need more eyeballs to see your offers.
5️⃣ Not Making ROI based investment decisions
Once you have the offer sorted, learn the math involved to make ROI based decisions to invest wisely to grow.
6️⃣ Solving the Wrong Problem
Knowing the problem, and solving the right one, will cut your journey in half (or more)
7️⃣ Product-Model-Founder Misalignment
There is no right way of doing online business, only what is right for you.
You need clarity on your endgame, and the model that fits you as the founder.

In Lifestyle Business School, we focus on a structured approach to building a leveraged, expertise-based business model - actively working to avoid these pitfalls to build an aligned model with structured strategy that is right for YOU.
Join Lifestyle Business School at lifestylebusiness.school/join.

Want more?

📫 Subscribe to the Newsletter:
For Expertise-Based Founders
ready to engineer a lifestyle business that passes the Monday Morning test with flying colours. Get one actionable step each day, and then weekly thereafter. Subscribe here.

🎧 Subscribe to the Podcast:
With 1m downloads, make sure you hit the follow/subscribe button right now.

📝 Download our FREE 26 Page Expertise-Based Business Diagnostic:
Get clarity on what to work on first or next. Click here to get it for free.

🎓Join Lifestyle Business School:
Get the complete Operating System for starting or growing an expertise-based online business to the Lifestyle Business Sweet Spot. Click here to join the waitlist today.

📲 Instagram:
Follow Stevie on Instagram at https://www.instagram.com/steviedillon_...

Mark as Played

Advertise With Us

Popular Podcasts

Dateline NBC
Stuff You Should Know

Stuff You Should Know

If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.

The Nikki Glaser Podcast

The Nikki Glaser Podcast

Every week comedian and infamous roaster Nikki Glaser provides a fun, fast-paced, and brutally honest look into current pop-culture and her own personal life.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2024 iHeartMedia, Inc.