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We dive into the essentials of launching a successful business, covering **Product, Price, and Promotion**:
**Product**: Whether you’re offering a tangible product or a service, it should be easy to produce, deliver, and pay for. More importantly, it must solve a real problem for customers, going beyond just being a good idea.
**Price**: Set a price that provides at least three times the perceived value. Through effective storytelling, position your price at a level that feels comfortable for you, and consider recurring revenue models to reach your income goals.
**Promotion**: Gain visibility through hustle or leverage. From social media strategies to email and text marketing, discover ways to expand your reach and share your offerings with a larger audience.
Don’t miss this comprehensive guide on how to escape the 9-to-5 and start building a business that brings financial freedom!
#EarnYourLeisure #DavidShands #Entrepreneurship #SixFigures #9to5ToEntrepreneur #SmallBusiness #FinancialFreedom #ProductPricePromotion #BusinessGrowth #SideHustle #InvestInYourself
0:00 Intro 5:21 David’s Story 9:37 How Much Money Do You Want to Make? 15:53 Learning Skills at your 9-5 17:39 What it Takes to Earn $100,000 / Year 30:53 Diving Into the 3 P’s 40:24 How to Know When it’s Time To Go All In 43:33 Analyzing the Restaurant Business 57:31 Knowing How Much to Charge 1:20:41 How to Promote Your Business 1:36:04 Importance of Client Retention 1:39:55 Why You Need to Just Start 1:45:32 Outro source
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