Hey there Friend,

In today's email, we're going to talk about what

recurring revenue streams is all about and why

you should work towards incorporating one into

your business.

To start, recurring revenue will help you

catapult your business in terms of outreach

and income.

Better yet, you'll be able to predict your

monthly income in advance so you can better

budget and manage your business.

Whether your business is a brick & mortar store

or you run your business entirely online, you

can still benefit from implementing a form of

recurring income into your sales system.

Even businesses like spas, car washes and laundromats

often employ a membership program of some kind in

order to build customer loyalty and keep people

coming back again and again.

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Think about the different ways that you could

implement a recurring revenue stream into your

business. Chances are, there's a way to do it

that will not only add tremendous value to

your business, but will demonstrate your desire

to provide exceptional value and savings to your

existing customer base.

Here are a few ideas to help you get started:

Membership Model:

You could create a series of content in various

formats and place it behind a paywall. Then,

when someone wants to gain access to your material,

they would pay a monthly subscription for direct

access to your content.

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Create a Service Plan:

Much like brick and mortar businesses have done

with customer loyalty programs and pay-in-advance

for added savings cards, you could create a

service plan based on your customers needs. They

would commit in advance to a set time frame, or

a set amount of service time/hours/uses and in

turn, they would save money.

Content Cycle

Much like a course or membership website where

you are providing access to training and high-value

content on a subscription basis, you could create a

content cycle that distributes information products

in a variety of ways including through a podcast,

private YouTube videos or Webinars.

These are just 3 quick and easy ways you could

begin to incorporate recurring revenue streams

into your business.

How many other ways can you think of?

In tomorrow's email, we'll discuss how you can

take advantage of one powerful online community

that puts you in direct contact with an ever-

growing fan base. This could be the fastest way

of setting up a recurring income stream, even

if you've never done it before.

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Until then,