Shannon Simmons: The Challenge of Scaling a Service-Based Business (GPP 46)
Shannon Simmons: The Challenge of Scaling a Service-Based Business (GPP 46)
Shannon Simmons: The Challenge of Scaling a Service-Based Business (GPP 46)
Finances and budgeting are significant and crucial parts of running a business. I’ll admit, it is not my favorite part of being a business owner – but it is too important to ignore. In today’s episode, I am joined by Shannon Lee Simmons, finance, and money management coach and founder of New School of Finance based in Canada. She shares her “rags to riches” story with us, her business model, and the services and products that her company offers. We also get down to the nitty-gritty details on her personal and professional finances, discussing how much she charges for each of her products and services as well as her company’s net profit last year on each of her courses and services.
.@shanleesimmons on taking ridiculous risks and scaling her $250K/year financial planning biz:
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Season 3 of the Get Paid Podcast is sponsored by Acuity Scheduling. Start your exclusive 45-day free trial at acuityscheduling.com/getpaid!
In This Episode You’ll Hear:
- How Shannon gets paid.
- How Shannon got her start. What’s her “rags to riches” story?
- What personal and business related lessons has she learned throughout her career?
- How did Shannon price her services after going from a “barter system” business model to a paid services business?
- Why does Shannon feel that pricing her services low at first and building her business up to higher rates was the biggest business mistake she has ever made?
- How much did she invest in the online courses and product side of her business?
- How much did she make last month on her online courses? How much on her services?
- How much does she charge for each of her products?
- How does she market her business?
- What’s her secret for getting noticed by the media so frequently?
- Is media coverage part of her marketing strategy?
Mentioned In This Episode:
- Budget with Your Boo
- Sole Prop School
- See if you like the “cut of Shannon’s ‘jib’” for free by watching her promo video at the top of her website!
Connect with Shannon on the ol’ Social Networks:
Connect with Claire:
SUBSCRIBE ON iTUNES, STITCHER OR GRAB THE FEED LINK HERE!
Thanks for listening! Time to go get yourself paid. :)
The post Shannon Simmons: The Challenge of Scaling a Service-Based Business (GPP 46) appeared first on Claire Pelletreau.
From The Podcast
The Get Paid Podcast: The Stark Reality of Entrepreneurship and Being Your Own Boss
Claire Pelletreau was just starting to grow her side business as a Facebook ad and marketing consultant when her full-time job disappeared. Desperate to land enough clients just to pay the bills, she was disappointed at how difficult it was to find real tactical advice that would help actually her get paid month to month. The Get Paid Podcast is Claire’s attempt to pull back the curtain on the reality of running an online business. All these people pulling in “six figures” - how are they ACTUALLY doing it? What kind of money do they take home after expenses? What are those expenses, anyway? Are they truly “solopreneurs” or are they supported by a team? What does that team do for them? How are they marketing their offerings and growing their lists? How long did it take to get to where they are? You’ll discover how different entrepreneurs get paid and what it costs them to bring in that money.Join Podchaser to...
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