Kelsey Reidl

View Original

222 3 Types of Businesses You Can Start (And Why The Service Industry Rocks)

VisionaryLife-50 (1).jpg

Tune into the episode…

See this content in the original post

When you think about starting a business, the first thing that comes to mind is probably a product-based venture. 

But service businesses can be just as successful – and they have a lot of advantages over product businesses. In this article, we'll take a look at three different types of service businesses you can start. 

So if you're thinking about starting your own business, listen on! You may just find the perfect opportunity in one of these categories.

Listen on Spotify, Apple Podcast, or YouTube

Let’s connect on Instagram or find out more about Private Business Coaching on my Website

Thanks to our show sponsor, Healthy Planet Canada. Use code VISIONARY2022 at checkout to save 10% on any online order over $50

The Visionary Method™ 90-Day Accelerator https://www.kelseyreidl.com/tvm-group

I’m putting together a small group of coaches (health, wellbeing, parenting, mindset, etc.) who want to grow their business to $50,000 in annual revenue.

https://www.kelseyreidl.com/tvm-group

Here are the highlights:

2:00 The greatest adventure I have ever embarked on
2:18 The Justin Bieber Song that inspired everything
3:04 Product businesses aren't the ONLY business!
3:27 The knowledge economy (what it is and what opportunity exists)
4:15 Things you DON'T need to start a knowledge business
4:55 The business I started in order to self-employ
5:20 The first monthly retainer I offered and how many clients I balanced
7:40 The business I moved into when I realized I was MAXED OUT for time!
9:25 How to start a coaching business, where you are the guide!
10:15 The final business type you can start where you are more of a RESOURCE
12:07 Is anything truly 'PASSIVE INCOME' ?
12:45 The power of ONE
13:00 The way to get to $50,000 in revenue in your service business & how to reverse engineer a $50k salary
14:15 What % of your audience is going to convert when you launch? Here's a simple formula...

Search 'Visionary Life' on your podcast app of choice!