BTI #283: Creating Recurring Revenue with John Warrillow
Release Date: 09/08/2021
Beyond the Image Podcast
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Every creative eventually gets the email or phone call they never want to receive: "We're going to have to cancel the project." Whether you're a photographer, videographer, designer, or creative entrepreneur, canceled projects can cost far more than just the paycheck. They cost planning time, production hours, reserved calendar space, and lost opportunities. In this episode of Beyond the Image, I share several real stories from my own business—including projects canceled just days before production—and explain how I now protect my business with stronger contracts, retainers, cancellation...
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One of the biggest mistakes aspiring photographers make is believing they need "a little more" before they can start charging. More experience. More gear. More education. More portfolio work. But what if that mindset is the very thing holding you back? In this episode, James Patrick challenges the common belief that photographers need to reach some mythical level of perfection before they can monetize their work. Drawing from his own journey—from getting paid for his very first published photograph as a journalist to launching video production services decades later—James explores the...
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Too many photographers and creatives believe the only way to make more money is to raise their rates. But the reality is that many are already providing valuable services they simply aren't charging for. In this episode, I break down seven overlooked revenue opportunities that can increase profitability while delivering even more value to your clients. From equipment rental fees and digital file storage to behind-the-scenes content, additional revisions, and retouching beyond scope, these are services clients often request, expect, or benefit from, yet many creatives include them at no...
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In this episode of Beyond the Image, James Patrick breaks down a growing issue within the photography industry: photographers turning overlap into warfare. After receiving messages from a photographer attempting to pull him into a dispute over a project concept, James dives into the deeper mindset driving so much of the sniping, undermining, accusations, and territorial behavior that exists within creative industries. Why do photographers become so reactive to perceived competition? Why do some creatives constantly monitor others while others stay focused on growth? And most importantly, why...
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If you’ve spent any time in photography Facebook groups, you’ve seen it. Anonymous posts asking photographers to drop their rates, share their portfolios, and compete publicly for work with almost zero project detail. And photographers… lining up to compete. In this episode, James Patrick breaks down why this system is broken, how it commoditizes creative work, and why it pushes talented photographers into a race to the bottom that nobody wins. He unpacks the hidden power imbalance behind anonymous job posts, why “just drop your rate” is a red flag for serious creative work, and what...
info_outlineIf today’s topic hasn’t been in the front of your mind over the last 18 months with everything that’s happened within our industry, it better be in the front of your mind after this episode. We are talking about the need to diversify your income sources, and more specifically, the importance and the power of leveraging recurring revenue into your business model where you are able to build, scale, and grow your business.
My guest today is the founder of The Value Builder System and best selling author or Built to Sell, John Warrillow.
IN THIS EPISODE
- The lightbulb moment when John realized the importance of creating recurring revenue in his business model.
- How John quickly grew his business and developed recurring income.
- The importance of productizing your business and incorporating a subscription model.
- Segmenting your audience.
- The Trojan Horse effect.
- Effective positions brands are taking with subscription models.
- TVR
- The reason you want to niche down and find one customer to serve.
- Packing value into the subscriptions you create.
- The 60-day window magic.
- The power of spontaneous gifts to your subscribers.
- Getting your subscriber fully integrated.
“Once somebody becomes a subscriber, they are infinitely more
likely to buy your other things.”
* Go lock in your pass NOW at FITposium.com!
Connect with John
Download FREE subscription model worksheet, learn about the drivers of value, and more at the link below!
We’ve Put Together a Collection of Useful Gifts for Listers of Beyond The Image (builttosell.com)
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For more, visit jamespatrick.com