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Вміст надано Ashley Dreager & Safa Harris, Ashley Dreager, and Safa Harris. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Ashley Dreager & Safa Harris, Ashley Dreager, and Safa Harris або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
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2.11 Why You Shouldn't Depend on MRR Or Affiliate Marketing For Income

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Вміст надано Ashley Dreager & Safa Harris, Ashley Dreager, and Safa Harris. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Ashley Dreager & Safa Harris, Ashley Dreager, and Safa Harris або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.

This episode of the Business Millennials podcast, hosted by Safa Harris and Ashley Dreager, explores the critical importance of owning your assets in business for long-term sustainability. The hosts discuss the risks associated with relying on external platforms and programs, using examples from influencer marketing, MLMs, and gig economy platforms. They emphasize the need for entrepreneurs to develop their own intellectual property and controlled sales channels to ensure stability and growth.

Key Takeaways:

  • Owning your business assets is crucial for long-term sustainability and control over your income.
  • Relying solely on external platforms (e.g., social media, MLMs) can be risky as terms and payouts can change unexpectedly.
  • Building a business with owned assets provides more stability and control than traditional employment or platform-dependent income streams.
  • While external platforms can be useful for getting started, it's important to have a plan to develop your own products or services.
  • Consider the long-term implications and risks when making business decisions, especially regarding income sources and major purchases.

0:00 - Introduction to the Business Millennials podcast
0:58 - Ashley introduces the topic of owning your assets in business
2:18 - Safa provides examples of businesses changing terms (MRR, Beauty Counter)
4:48 - Discussion on the risks of MLMs and influencer marketing
7:05 - The importance of turning influence into owned assets
9:02 - Comparing risk levels of different income sources
9:47 - Example of job instability in traditional employment
11:36 - The current job market and ease of making sales with owned assets
12:48 - Risks associated with gig economy platforms like Uber
14:41 - Conclusion and main takeaway on owning your assets

Is your business just not the vibe right now and you can't seem to get it going, even though you feel like you're doing #AllTheThings? Fill out the linked audit form to give us the inside scoop on your current situation, challenges, and goals. That way we can spot your strengths, opportunities, and outline next steps, keeping a sustainable & scalable business in mind.

Free Audit:
https://businessmillennials.com/pages/free-audit

Episode link & contact info

Shareable Podcast link
Leave Us a Voice Note
Email: scaleandthriveco@gmail.com
Follow us on Instagram:
@ashleydreager
@itssafaharris
Check out the Shop

  continue reading

37 епізодів

Artwork
iconПоширити
 

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Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on January 21, 2025 14:21 (1M ago)

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Manage episode 450673647 series 3616360
Вміст надано Ashley Dreager & Safa Harris, Ashley Dreager, and Safa Harris. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Ashley Dreager & Safa Harris, Ashley Dreager, and Safa Harris або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.

This episode of the Business Millennials podcast, hosted by Safa Harris and Ashley Dreager, explores the critical importance of owning your assets in business for long-term sustainability. The hosts discuss the risks associated with relying on external platforms and programs, using examples from influencer marketing, MLMs, and gig economy platforms. They emphasize the need for entrepreneurs to develop their own intellectual property and controlled sales channels to ensure stability and growth.

Key Takeaways:

  • Owning your business assets is crucial for long-term sustainability and control over your income.
  • Relying solely on external platforms (e.g., social media, MLMs) can be risky as terms and payouts can change unexpectedly.
  • Building a business with owned assets provides more stability and control than traditional employment or platform-dependent income streams.
  • While external platforms can be useful for getting started, it's important to have a plan to develop your own products or services.
  • Consider the long-term implications and risks when making business decisions, especially regarding income sources and major purchases.

0:00 - Introduction to the Business Millennials podcast
0:58 - Ashley introduces the topic of owning your assets in business
2:18 - Safa provides examples of businesses changing terms (MRR, Beauty Counter)
4:48 - Discussion on the risks of MLMs and influencer marketing
7:05 - The importance of turning influence into owned assets
9:02 - Comparing risk levels of different income sources
9:47 - Example of job instability in traditional employment
11:36 - The current job market and ease of making sales with owned assets
12:48 - Risks associated with gig economy platforms like Uber
14:41 - Conclusion and main takeaway on owning your assets

Is your business just not the vibe right now and you can't seem to get it going, even though you feel like you're doing #AllTheThings? Fill out the linked audit form to give us the inside scoop on your current situation, challenges, and goals. That way we can spot your strengths, opportunities, and outline next steps, keeping a sustainable & scalable business in mind.

Free Audit:
https://businessmillennials.com/pages/free-audit

Episode link & contact info

Shareable Podcast link
Leave Us a Voice Note
Email: scaleandthriveco@gmail.com
Follow us on Instagram:
@ashleydreager
@itssafaharris
Check out the Shop

  continue reading

37 епізодів

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