Are you working yourself to the bone? Do you have time to step back and enjoy life? Are you being effective with your time, or are you in an endless pursuit of productivity?

In this episode of The New Music Industry Podcast, I talk to James Schramko of SuperFastBusiness and tease out some amazing insights into building a business and life you love.

Podcast Highlights:

  • 00:14 – Introductions
  • 00:45 – What is Effective Hourly Rate (or EHR)?
  • 09:31 – Overcoming mental blocks around building a team
  • 18:03 – What holds business owners back from creating an offer that converts?
  • 27:26 – How do you transition from hourly pricing to value pricing?
  • 28:48 – Profit Formula Template
  • 29:33 – Customer Lifetime Value
  • 32:24 – How to generate referrals
  • 35:29 – Ascension model vs. Chocolate wheel
  • 44:11 – The recurring subscription business model
  • 48:27 – What do you feel has contributed to the success of your book?
  • 53:13 – How do you stay up to date in your industry?
  • 54:05 – Closing remarks

Transcription:

Coming soon.

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David Andrew Wiebe

David Andrew Wiebe

Founder & CEO at The Music Entrepreneur HQ
David Andrew Wiebe has built an extensive career in songwriting, live performance, recording, session playing, production work, investing, and music instruction. In addition to helping musicians unlock their full potential, he also continues to maintain a performance schedule with Long Jon Lev and Adrenalize. If you'd like to be notified whenever the blog is updated, click here to subscribe.
David Andrew Wiebe
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