loader from loading.io

#164: Tactical Tuesday: Systematizing Multiple Streams of Revenue

Healthcare Entrepreneur Academy Podcast

Release Date: 02/16/2021

#318: Automating Business Processes with Workflow, Tools and AI to Improve Efficiency show art #318: Automating Business Processes with Workflow, Tools and AI to Improve Efficiency

Healthcare Entrepreneur Academy Podcast

OVERVIEW: “Efficiency is doing better what is already being done.” – Peter Drucker   Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about the importance of systems and processes. In business, every single second of every single team member counts, so in this episode, Jason teaches us how to streamline workflows and maximize efficiency and productivity through automation, software, and A.I. tools. Tune in until the end to learn more about Jason's book!   3 KEY POINTS: Document every step of your team's...

info_outline
#317: Get Ahead of the Curve with Video Content & SEO with Jason Knott  show art #317: Get Ahead of the Curve with Video Content & SEO with Jason Knott 

Healthcare Entrepreneur Academy Podcast

OVERVIEW: “It’s important to remember your competitor is only one mouse click away.” - Douglas Warner III Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, sits down with Justin Knott, CEO of Intrepy, a Healthcare Marketing Organization, and Host of the Patient Convert Podcast. In this episode, we dive into Justin's expertise in Marketing Strategy, Search Engine Optimization, and Paid Ads. He shares valuable tips on webpage creation, content creation, and many more. Tune in to learn how to get ahead of your competitors!...

info_outline
#316: The Importance of Unique Criteria and Headhunting Your Manager show art #316: The Importance of Unique Criteria and Headhunting Your Manager

Healthcare Entrepreneur Academy Podcast

OVERVIEW: “People are not your most important asset. The right people are.” – Jim Collins Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about the best practices when hiring for managerial roles. In this episode, Jason recalls his experiences with recent mis-hires, his key takeaways to avoid potential hiring mistakes, and red flags to consider when screening applicants. Tune in until the end to learn more about his recently launched book! 3 KEY POINTS: Don't hire managers with potential. Hire those with...

info_outline
#315: Navigating Entrepreneurship, Challenges, Solutions, and Success with Jason Duprat show art #315: Navigating Entrepreneurship, Challenges, Solutions, and Success with Jason Duprat

Healthcare Entrepreneur Academy Podcast

OVERVIEW: "You have a brain and mind of your own. Use it, and reach your own decisions." – Napoleon Hill Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about the Importance of Critical Thinking as an Entrepreneur. In this episode, Jason shares his process when writing his first-ever book, how long it took him, the challenges he faced, and his "Never settle for less" attitude. Tune into this episode to learn more about his upcoming book launch and how to get a free audio version of the book! 3 KEY POINTS: Master...

info_outline
#314: Joey Ferry: Innovating in Healthcare and Combining Passion with Purpose show art #314: Joey Ferry: Innovating in Healthcare and Combining Passion with Purpose

Healthcare Entrepreneur Academy Podcast

OVERVIEW: "Fortune favors the bold." – Latin Proverb Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, sits down with Joey Ferry, Nurse Entrepreneur, Co-Founder of Frontier Innovations Inc., and Co-Inventor of the Award-Winning SafeSeizure Pad. In this episode, we hear the story of how two innovative minds came together to revolutionize Healthcare through their Entrepreneurial vision. From the challenges they've overcome to the solutions they create, Joey's innovation paved the path toward their "good fortune."   3 KEY...

info_outline
#313: Understanding The Bell Curve of Entrepreneurship show art #313: Understanding The Bell Curve of Entrepreneurship

Healthcare Entrepreneur Academy Podcast

OVERVIEW: “Challenges are gifts that force us to search for a new center of gravity. Don't fight them. Just find a new way to stand.” – Oprah Winfrey Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about the Realities of Entrepreneurship through the "Bell Curve of Entrepreneurship." In this episode, Jason shares his advice on how to deal with frustration as a business owner, a challenge he has faced lately in his business, and how he overcome that situation. 3 KEY POINTS: You won't always be satisfied with your...

info_outline
#312: How to Use the Value Ladder to Scale Your Business From Free to Premium show art #312: How to Use the Value Ladder to Scale Your Business From Free to Premium

Healthcare Entrepreneur Academy Podcast

OVERVIEW: "When the customer comes first, the customer will last." - Robert Half Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about the Value Ladder, a vital strategy to scale your business. In this episode, Jason shares the importance of the Value Ladder, how it can increase Customer Lifetime Value, and the examples of services included in his Value Ladder. Tune in until the end to learn more about Jason's upcoming services and book launch!   3 KEY POINTS: No matter your business, always have free content or...

info_outline
#311: Eric Morin: Building and Scaling a Successful Healthcare Practice show art #311: Eric Morin: Building and Scaling a Successful Healthcare Practice

Healthcare Entrepreneur Academy Podcast

OVERVIEW: “You don’t build a business, you build people, then people build the business.”– Zig Ziglar Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, sits down with Eric Morin, Wealth and Business coach, Forbes Speaker, Author, and CEO & Founder of Tower Leadership. Eric’s passion and wisdom for business are like no other, with expertise able to scale businesses up to tenfold in revenue. In this episode, we dive into the mind of this business expert, his story of becoming one, and his timeless advice for healthcare...

info_outline
#310: A Guide to the Product Life Cycle, Cash Generation, and the BCG Matrix show art #310: A Guide to the Product Life Cycle, Cash Generation, and the BCG Matrix

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about the Product Life Cycle and what it means for your business. In this episode, we'll learn how Cash Generation ties in with Cash Usage as Jason elaborates on the Growth Share Matrix and its four quadrants. Tune into this episode to learn more about leveraging your business income!   3 KEY POINTS: Cash Cows are the golden goose that funds your businesses. What you earn from Cash Cows is invested into “Question Marks.” Question Marks either become...

info_outline
#309: The Proper Way To Execute Your Side Hustle show art #309: The Proper Way To Execute Your Side Hustle

Healthcare Entrepreneur Academy Podcast

OVERVIEW: “Good things happen to those who hustle.” – Anais Nin Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about the proper way to execute your side hustle. Coming from experience, Jason shares how side hustles should be done discreetly and wisely when you have a full-time job and the possible consequences of not doing so. Tune in until the end to hear about Jason's upcoming mastermind and book launch!   3 KEY POINTS: When starting your side hustle: Don't burn bridges. Do it discreetly. Do it wisely. ...

info_outline
 
More Episodes

OVERVIEW:

Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast talks about how you should approach creating multiple streams of revenue to set yourself up for success as you expand your business. 

 

EPISODE HIGHLIGHTS:

  • When you're creating multiple streams of revenue, there are two important factors to consider - timing and sequencing.
  • If you pursue multiple streams simultaneously, none will work. 
  • Avoid pulling yourself into different directions. Focus on your primary business first before trying other ventures.
  • Think in a step-wise fashion to improve your odds for success.
  • Be sure to have processes, systems and teams in place before expanding into new revenue streams. 
  • Jason references Elon Musk and how he built his companies through momentum and systemization.
  • When adding new streams of revenue, add a passive stream to ensure you're not physically needed so you can concentrate on new ways to expand your business. 
  • Stay focused on creating a profitable and sustainable business. 
  • Be conscious of your energy, time and money. These are your top three personal resources. 
  • The average millionaire has seven streams of income, however, not all of them are active.  

3 KEY POINTS:

  1. Creating multiple streams of revenue is a critical step in entrepreneurship. It requires energy, time and money. 
  2. Focus on your primary business. Build it from the ground up and then invest in different streams of revenue. Find a way to systemize your streams and source passive income.
  3. Always think in a step-wise fashion. Strategize and use your resources wisely. Be in control of your next steps forward.  

TWEETABLE QUOTES:

“Momentum is what will propel you to generating each additional stream of revenue.” - Jason Duprat

“The beauty of entrepreneurship is that everything is in your control.” - Jason Duprat

 

RESOURCES:

HEA Facebook Group for Digital Businesses: 

https://www.facebook.com/groups/HeathcareEntrepreneurAcademy/

 HEA Facebook Group for Bricks & Mortar Businesses: https://www.facebook.com/groups/HealthcareEntrepreneurAcademyBrickandMortar/

 #HealthcareEntrepreneurAcademy #healthcare #entrepreneur #entrepreneurship #revenuestreams #revenuegeneration #passiveincome