6 Figure Creative

#381: Steal These 8 Business Lessons From WAY Smarter Industries

Sep 23, 2025
Freelancers often struggle with the business side of their work. By borrowing strategies from multi-billion dollar industries, they can improve significantly. Recurring revenue models create predictability, while monitoring key metrics can enhance decision-making. Applying product-focused thinking ensures better client experiences. Niche specialization boosts pricing power, and refined offer frameworks differentiate services. Additionally, discovery calls improve close rates, making freelancing less stressful and more profitable.
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INSIGHT

Power Of Recurring Revenue

  • Recurring revenue creates predictability and makes budgeting and reinvestment easier.
  • Building a baseline MRR trades early big cash influxes for steady growth and stability.
ADVICE

Combine Upfront And Recurring Fees

  • Use hybrid pricing: require an upfront payment and attach a recurring fee for ongoing value.
  • Adjust the upfront/recurring ratio to fit your niche and capture both immediate cash and long-term revenue.
INSIGHT

Measure Lifetime Value (LTV)

  • Track LTV to know how much a client is worth across their lifetime.
  • Use LTV to decide how much you can spend acquiring and servicing each client.
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