5 min listen
#371: Passive Income for Photographers - Brandon Wong
#371: Passive Income for Photographers - Brandon Wong
ratings:
Length:
49 minutes
Released:
Apr 21, 2020
Format:
Podcast episode
Description
Have you considered the ways that you could generate passive income for your photography business?In episode 371 of the Bokeh Podcast, Brandon Wong of Photo Booth Supply Co describes the benefits of generating passive income, along with the truth behind what qualifies your revenue as "passive." Listen in as he shares how to determine what services you should eliminate, automate, and delegate while you implement addition streams of revenue.The Bokeh Podcast is brought to you by Photographer’s Edit: Custom Editing for the Wedding and Portrait Photographer. You can also subscribe to the Bokeh podcast on the Apple podcast app, follow on Spotify, add to your playlist on Stitcher, or listen on Overcast.Customer Experience: Availability and humanizing (4:58)"80% of buyers are willing to pay more for a good customer experience in 2020" (4:58)Brand Position: Affordable photo booths that come with a profitable and proven, turn-key strategy so you can create a business and life you love. (9:36)Technique for Time: Discipline equals freedom; create a schedule. (12:54)Venn Diagram: (17:49)What you’re passionate about.What your good at.What people will pay you for.GSD: (19:57)GoalsSpecificsDeadlinesBook Recommendations: (24:20)How to Win Friends and Influence PeopleIntroduction to Passive Income (29:22)"You’re trading your time for money."Create a product that does not require your time: Photobooths, Associates, Presets, etc (37:04)Eliminate, Automate, and Delegate (38:05)1. Eliminate - What are the non-profitable services that you offer?2. Automate - CRMs and Email Marketing3. Delegate - Use the Venn Diagram to delegate the things that don’t overlap"I am not a creative, I am a business owner." (42:59)Linksphotoboothsupplyco.cominstagram.com/photoboothsupplycoinstagram.com/brandon_wong For information regarding your data privacy, visit Acast.com/privacy
Released:
Apr 21, 2020
Format:
Podcast episode
Titles in the series (100)
#19: Make Time to Make Memories - Nathan Holritz: It's so easy to get distracted by the busy-ness that is running a photography business, and miss out on creating memories for yourself and those closest to you. Nathan Holritz, CEO of Photographer's Edit, shares a few personal thoughts on the topic as... by Bokeh - The Photography Podcast