Episode #151 // Changing Business Models

"To run a business, you have to embrace change."
- Emily Thompson

What happens when you want to change your business model? As creative business owners, we feel the desire to shift, chase interests, and find new ways of monetizing our passions and skills, so today we’re talking about what it looks like to change your business model in a way that benefits your business and life.

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Topics discussed in this episode:

  • Business model vs. business plan
  • When you find yourself wanting to change your business model?
  • Reasons not to shift a business model
  • Setting goals and tracking progress
  • Talking through shifts out loud or with your friends/a mentor/a coach
  • Planning your business model transition
  • Life adjustments that come with shifting your business model

When to shift business models & when to rebrand

KATHLEEN SAID:

Shifting your business model is a great time to rebrand and look at how you position yourself. Click To Tweet

EMILY SAID:

To run a business, you have to embrace change. Click To Tweet

Resources mentioned in this episode:

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DOWNLOAD WHAT’S WORKING / NOT WORKING / KIND OF WORKING WORKSHEET

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More from Emily:

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TOPICS DISCUSSED IN THIS EPISODE:

  • Business model vs. business plan
  • When you find yourself wanting to change your business model?
  • Reasons not to shift a business model
  • Setting goals and tracking progress
  • Talking through shifts out loud or with your friends/a mentor/a coach
  • Planning your business model transition
  • Life adjustments that come with shifting your business model

RESOURCES DISCUSSED IN THIS EPISODE

MORE FROM KATHLEEN

Braid Creative
The Braid Method Branding ECourse

MORE FROM EMILY

Indie Shopography
Rock Your Web Design Business
Indie Tactics Newsletter

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Changing business models
When to shift business models & when to rebrand
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