#134: You Should Productize Your Service

Live Well, Earn Well: for Coaches & Consultants

Many people start freelancing businesses, such as coaching and consulting, appreciating the personalized nature of the work. However, freelancing often leads to burnout, and its earning potential can be limited.

Productizing your service streamlines your business model, making the value you offer easy for potential prospects to understand. Moreover, it helps you create the freedom you want in your business.

Join Dr. Terri Levine in this episode as she breaks down the concept of productized services. Discover the benefits of productizing your service, from enhanced scalability and efficiency to creating the time freedom you desire in your business.

Additionally, she offers actionable insights and strategies for productizing your service and gives an example to guide you through the process.

Watch the full episode on Youtube: https://youtu.be/ZGUdI9Ay0iQ

Key Highlights From The Episode:

[00:33] Episode introduction

[01:10] What is a productized service?

[01:26] The benefits of productizing your service

[03:38] How to productize your service

[04:32] Example of how to productize a service

[09:30] Get Dr. Terri Levine’s help in productizing your service: [e-mail]

Golden Nuggets:

• A productized service is a prepackaged service that is provided at a predetermined cost and has a predetermined scope. [01:10]

• Productizing your service makes it more predictable and effective for you and your clients by helping you scale and streamline it. [01:26]

• When you don’t have a fixed business plan, your customers control you. [02:18]

• To maximize your business, you need to automate and delegate [04:12]

• Once you identify your service’s niche, it’s critical to adhere to it. [05:06]

• If you want to create a productized service, you first need to identify which parts of your company processes are repetitive and then package those parts into a more scalable offer. [08:04]

Let me help you grow your coaching business:

Grab this free training and see my revolutionary process in action! Join me and my Inner Circle Students for a behind-the-scenes Live Group Coaching Call: www.6figsin6months.com

If you want to join me in one of our connect and collaborate sessions. Go to https://calendly.com/heartrepreneur/mcm-live-connect-and-collaborate-session, and select a date & time!

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Want More!?

Listen to the podcast version of this content on your favorite podcast platform: Apple Podcasts | Spotify | Stitcher | Google Podcasts

Watch all the episodes and more to gain more insight on YouTube: https://www.youtube.com/@coachterri/videos.

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