Episode 23 - How To Find The Right Business Model For You

Episode 23 - How To Find The Right Business Model For You Welcome to Building a Bigger Table The podcast for misfits, mavericks and magic makers who want to create a profitable, sustainable business that makes as much impact as it does income.    In This Episode:   Welcome back to the Building a Bigger Table podcast, where for episode 23, I’m diving straight into how you can find the right business model for you. Yes, this is an out and out 100% business episode!    I know that there are so many of you out there right now working really hard on your businesses, but without the right business model in place, so I thought it was really necessary to share my advice on this.    The truth is there are so many options for online entrepreneurs … should you do online courses, 1:1 work, group coaching, memberships, masterminds or retreats? We see so many people having success in these areas that it can be tempting to try and recreate that success in the same way, but in order for your business to work for you, your model should be tailored to your needs.   In this episode, I’m revealing the 3 things you need to consider in order to come up with your ideal business model, so that you can stop flip flopping and start scaling intentionally. Are you ready?   Key Takeaways: Decide who you want to beDefine how you want to show up Get clear on your ideal customer Find what works for you   Quotes: “We think to ourselves, okay, I need to go and do that. What happens is we flip and we flop from one thing to the other thing, without being fully intentional about building our own business model.” “Who do you really want to be? This is important because it's going to dictate what type of business model you should be creating for you.” “All of you who are in the six figure club, you know what a membership is ... a membership for me is a place where you can help people at a lower price point than working with you in a group coaching program or in 1:1 work. And for me, it is the business equivalent of a gym.”   Meet Your Host: Hi, I’m Shaa. I’ve been called a serial entrepreneur … but I’ve never been one for labels! I’ve done SO many things in my career, including starting and scaling multiple 7 figure businesses, and am grateful for being recognised with some lovely awards - most proudly, an MBE from The Queen “for Services to Business and Entrepreneurship”. I’ve been featured in major publications for my efforts (named one of the UK’s Top 20 Most Influential Entrepreneurs by The Sunday Times and one of the ‘Most Influential Women in the UK" by the Institute of Directors), and have written 4 straight-talking, bestselling books; Stop Talking, Start Doing; Stop Talking, Start Doing Action Book, Do Less, Get More; and most recently, How To Fix Your Sh*t.   Where To Find Shaa: Website - https://www.shaa.com/ Facebook - https://en-gb.facebook.com/shaawasmund/ Instagram - https://www.instagram.com/shaawasmund/ Clubhouse - @Shaa