The revenue engine behind most companies is renewal income. Be it a food delivery service or software, compoundingrenewals is what helps move up your bottom floor up year-over-year.
But the thing that many entrepreneurs don’t realize is that the process of selling customers on your product initially is different from selling customers on the renewal purchase. In theory, selling an existing customer should be easier than getting a new one, but only if you do it right!
If you are like most people, then at some point in your life you have considered owning real estate.
Even people who don’t consider themselves to be entrepreneurs find real estate an attractive concept because it’s an easy business model to wrap your head around. Own a couple of low-maintenance residential rentals and let that other person pay off the mortgage while building equity.
I have been a blogger for a long time. Even before I started LearnDash, I wrote a blog while in college as I first became familiar with WordPress. Expressing myself through blogging has been a major part of my life.
So, when I first heard about artificial intelligence (AI) written blog posts, I sort of rolled my eyes. Many of you can remember the days of “article spinners” and the garbage output – half of the time they didn’t even make sense. I assumed the same for AI written blog posts and never gave them a second glance.