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#116 How to Add a $1,000,000 to any Business (easy way)
Manage episode 442292570 series 3428478
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Jered, a millionaire plumber, and his co-host Joel reveal a powerful strategy that can help business owners add $1 million in revenue: creating a membership or subscription model. Jered explains how offering recurring services through memberships promotes regular customers and ensures steady, predictable income. He shares how this model not only builds customer loyalty but also allows businesses to plan more effectively and smooth out cash flow. Jered and Joel discuss how to structure these programs, from offering exclusive benefits to ensuring ongoing value for members. By creating a subscription-based service, businesses can develop a reliable revenue stream that drives long-term growth and adds significant financial value.
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