Eps 78 - The Power of Leverage: Transforming Your Expertise into Scalable Revenue Streams
This week I’m sharing some amazing insights on turning your expertise into scalable income.
Here are some of the key takeaways:
1. Assets are the Foundation: Before creating leveraged assets, it's crucial to own and control all the necessary rights. An audit of your assets ensures you're not at risk of legal issues and helps lay the foundation for the next steps.
2. Leverage Increases Profitability: The application of leverage in business leads to not just increased revenue, but also increased profitability. This can be achieved by creating digital products, online offerings, systematizing services, and more.
3. Cloning Yourself as Leverage: Developing systems that allow others to deliver your services frees up time, enables consistent customer experiences, and promotes business growth without sacrificing quality. This can be done through products, employees, facilitators, and licensees.
I can't wait for you to tune in once the episode airs! Keep an eye out for it, and don't forget to stay updated with all the amazing content on Hourly to Exit.
Connect with Erin to learn how to use intellectual property to increase your income and impact. hourlytoexit.com/podcast.
Erin's LinkedIn Page: www.linkedin.com/in/erinaustin/
Think Beyond IP YouTube Page: www.youtube.com/channel/UCVztXnDYnZ83oIb-EGX9IGA/videos
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As always, podcast episodes provide general information only. So if you have specific copyright questions, I strongly urge you to consult with your IP attorney. If you aren’t sure where to start, contact me for a consultation.
Music credit: Yes She Can by Tiny Music
A Team Dklutr production
For a full transcription of this episode, click here.