Tropical MBA: Entrepreneurship & Founder Lifestyle
#741 The Roadmap for Turning a Skill Into a 1M+ Productized Service
Feb 8, 2024
Tom Kent shares his roadmap for turning a skill into a 1M+ productized service business. Topics include personal branding, scaling LinkedIn lead generation, sales process for high-dollar products, building a sales team, and identifying a niche market. They also discuss the importance of finding a unique opportunity, focus and accountability in coaching businesses, networking, systematizing processes, and living abroad.
47:43
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Quick takeaways
- Niche selection is crucial; focusing on a specific target audience helps establish brand equity and credibility.
- The ability to adapt, learn from mistakes, and persist in building a sales team is crucial for long-term success.
Deep dives
Importance of Niche Selection and Adaptability
Niche selection is important when starting a business, and it can always be adjusted later on. The speaker shares their personal experience of becoming an authority in a specific niche, which led to success and growth in their business. The ability to adapt and learn from mistakes is crucial for long-term success.
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