#118: Doubling Your Studio's Income From $50k To $100k... In One Year - With Jim Stewart
It seems like you’re working every waking hour of every damn day, but your income hasn’t budged.
As a matter of fact, your income has been stagnant for the past 3 years.
What the hell do you do to fix this?
You obviously can’t work any more than you already are. Not, at least, without further sacrificing relationships with the important people in your life.
You could raise your rates, but you’re already charging more than some of the popular studios in your area, so you might lose out on business.
You could try to systemize, automate, or delegate work, but you don’t know where to even start with that.
Welcome to Jim Stewart’s life 12 months ago. He was in this position – trying to figure out what the hell he could do to get himself out of a three-year rut.
Listen now to find out how Jim doubled his income in 1 year.
In this episode you’ll discover:
Why mastermind groups are vital for entrepreneurs How business coaching can help improve your career Why an A-level mix in one genre won’t necessarily cost the same as an A-level mix in a different genre How you can crunch the numbers on a price increase What you can do to give yourself an advantage over traditional studios while still having a live room Why a little embarrassment can be good for you How only working with local bands could doom your business Why you need to work with strangers to avoid an artificial cap on your business Why you shouldn’t give up if your studio needs to moveFor full show notes, go to www.thesixfigurehomestudio.com/118
If you want to suggest a guest, an idea for the podcast, or you have some general feedback, then you can submit that via email to podcast@thesixfigurehomestudio.com
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