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Ep 68 | "We Charged 900 Dollars A Month... For Unlimited Design" - The Honest Truth About Subscription Based Pricing | With Keith Armstrong
Dec 19, 2023
Keith Armstrong, founder of Flowsparrow, discusses the challenges of subscription vs. project based pricing, the importance of embracing failure for personal growth, and the struggles of giving constructive criticism. They also explore the balance between long-term partnerships and trying new ideas, and share their experiences with side projects and the pressure to succeed.
54:50
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Quick takeaways
- Relinquishing control and trusting team members is essential for growth and development within an organization.
- Transitioning from subscription-based to project-based pricing may not be beneficial if the subscription model is already successful and provides ongoing value.
Deep dives
Failure #1: Not letting go of control and trusting team members
Keith struggled with relinquishing control and trusting his team members to carry out tasks. He would often take on all the work himself instead of empowering his team. However, he realized the importance of allowing team members to fail and learn from their mistakes in order to foster growth and development within the organization.
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