Entrepreneur’s Business Strategy Most Lawyers and Professionals Ignore | Show 138

by | Jul 13, 2023 | Business Strategy, Lawyers, Professionals

Audio Podcast

Entrepreneur's Business Strategy Most Lawyers and Professionals Ignore | Show 138

by Dave Lorenzo

An Entrepreneur’s Business Strategy Most Lawyers and Professionals Ignore

Most entrepreneurs think about their exit strategy when they start their businesses. This means they focus on replicable revenue. CEOs who ascend to the role and professional service providers never consider different revenue streams. There are four types of revenue in any business.

In this video, Dave describes each type of revenue, and he and Nicola discuss them and their value. Entrepreneurs live and breathe this information, but other business leaders miss it.

Timestamps:

00:00​ – Entrepreneur’s Business Strategy Most Lawyers and Professionals Ignore
00:51 – Revenue Rollercoaster
04:25 – Think About This Before Starting a Business or Professional Firm
05:24 – Ad Hoc Revenue
05:48 – Repeat Revenue
06:44 – Recurring Revenue
07:27 – Passive Revenue 
09:28 – Acquisition Intensity
13:28 – What Type of Revenue Do Most People Chase?
15:56 – Most Important Thing an Entrepreneur Can Do Before Starting a Business
20:08 – The Big Takeaway from Today’s Session
20:50 – How Often Do Professionals Think Like Entrepreneurs?

About Inside BS Show with The Godfather and Nicki G

The Inside BS Show with the Godfather and Nicki G provides business leaders with inside business secrets to help them make a great living and live a great life. Since its inception in 2020, the show has been a valuable resource for CEOs and business leaders seeking the personal and professional knowledge they need to take their businesses to the next level while making the journey more rewarding.

Dave Lorenzo and Nicola Gelormino have the unique ability to get their guests to share the insider secrets that have helped them dominate their industries. A new episode is released at 8 AM each business day.

📺Watch and Enjoy!

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