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James Sinclair’s Post

The Fabadousa Group. Rossi Ice Cream / Marsh Farm / Party Pieces / Lee Valley Farm / Partyman World / Twizzletops Nurseries / Cafe Deli wholesale / Blue Boar Hotel / Teddy Tastic / Entrepreneurs University

3mo

This is why Subscription Business are SO DIFFICULT to grow! Today we're talking to someone who has built a subscription business, they're making a £2000 a month but are struggling to take things to the next level. Subscription based models sound wonderful but in reality, are very very difficult to scale, find out more in this episode. Episode 410 is out now 👉 https://lnkd.in/eWXUDRhH

Transcript

Today we're talking to someone that's build a subscription business helping themselves to a couple of grand a month. It's in the mindfulness space around breathwork and stuff. These are businesses that I think are very difficult to scale and build serious wealth. And in this situation here we've got someone that's been building the business for 2 1/2 years, basically paying themselves minimum wage. 13 years ago this month I was a state engineer in London. Came home and holiday was diagnosed with cancer. Told it was a super positive diagnosis. Long story short, it wasn't. 2013 was told I was out of here. Spoiler alert, I'm still here. Actually started looking at how can I take control of this, from diet, from mindset, from what am I putting into my body, my mind. But low price point memberships where you're getting digital information, that's your bug bear, isn't it? Netflix is a habit for people online coaching. People can put it down if they're not in the mood. At the end of the day, companies want to save money, make money, be profitable or increase the value of the business. So selling to companies, breathwork and meditation I think is difficult. Well, they want their staff to be more effective, efficient and profitable. For ��25 a month we will make your staff more organised. We'll be able to get them to manage people more effectively. If we could treble the profitability of your staff and your workforce for such a pitiful and lower amount, would you be interested in the conversation? That's the headline. The whole thing is about the headline. But I've got some good ideas. JB's got some good ideas too on how we can turn this into something that actually does make some money. Stripe yourselves in.

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James Sinclair

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