Codie Sanchez
๐ค SpeakerAppearances Over Time
Podcast Appearances
But then you're going to add different, what I call revenue lines that could be income lines to an individual through your business.
So you're going to say, all right,
But then you're going to add different, what I call revenue lines that could be income lines to an individual through your business.
I bought a laundromat and now I want to increase the revenue of the laundromat.
So I'm going to add vending machines as another revenue line.
And then because I see how that works, I'm going to add vending machines for soap.
So you're going to say, all right, I bought a laundromat and now I want to increase the revenue of the laundromat.
And then because I see how that works, I'm going to add a wash and fold service.
So I'm going to add vending machines as another revenue line.
And then I'm going to add a delivery service.
And then because I see how that works, I'm going to add vending machines for soap.
And what you're basically doing is you're diversifying your revenue streams through one business.
So there is a focus or a through line to your business, but you're being really smart in acquiring your new profit centers.
And then because I see how that works, I'm going to add a wash and fold service.
And then I'm going to add a delivery service.
And what you're basically doing is you're diversifying your revenue streams through one business.
That's something I wish I learned earlier because I always thought you had to grow organically.
So there is a focus or a through line to your business, but you're being really smart in acquiring your new profit centers.
Like I've got to go and I've got to get this one customer or this one client.
But what if instead you could acquire the clients and wrap them up inside of your business?