Month: July 2022

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So You Want To Be a Consultant? (Ep.92)

So You Want To Be a Consultant? (Ep.92)

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Consulting is a path you may consider when you retire or exit your business. So what should you take into consideration before committing to the role?

In this episode, Tim Scannell discusses what you need to know prior to becoming a consultant post-exit of your business and describes both the pros and cons of the role.

Tim discusses:

  • Tax liabilities and other financial considerations for business owners
  • The pros and cons of self-employment
  • Wealth enhancement – how to maximize what you keep as you exit into financial independence
  • Planning for the future transition from a business owner to a consultant
  • And more

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Create Recurring Revenue For Your Business, Part 2 (Ep. 91)

Create Recurring Revenue For Your Business, Part 2 (Ep. 91)

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Part two of “how to create recurring revenue for your business” is here with additional tips and tricks about how you can adopt the subscription-based business model!

In this episode, Tim Scannell highlights some well-known companies who have adopted the subscription model and how it changed the landscape of their business.

Tim discusses:

  • Major benefits of adopting the subscription billing model
  • How to integrate recurring revenue models into your business
  • Finding your business niche and the process of turning your repeat customers into business subscribers
  • Lessons from companies like HP, Peloton, and Mosquito Squad who have successfully and unsuccessfully used the subscription model
  • And more

Resources: 

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