EP52. Recurring Revenue Stream That Changes Your Company Forever by Mitch Russo
Mitch Russo - Recurring Revenue Stream That Changes Your Company Forever
He was last with us talking about his #1 bestseller The Invisible Organization: How Ingenious CEOs are Creating Thriving, Virtual Companies, which is the CEO’s guide to transitioning a traditional brick and mortar company into a fully virtual organization. It became an instant bestseller on Amazon across several categories.
Mitch co-founded Timeslips Corp, which grew to become the largest time tracking software company in the world before it was sold in 1998. Then, Mitch went on to join long-time friend Chet Holmes as President, later to join forces with Tony Robbins and together created Business Breakthroughs, International with nearly 300 people and about $25M in sales.
He says, “Make it Happen” and he’s doing that. He founded PowerTribes which focuses on a hidden asset of companies and turns that into a powerful recurring revenue stream without any new upgrades or product launches by the company.
Mitch tells us how to create a high volume revenue stream for our company, and more on this episode of Revenue Chat with Tony DUrso.
- How he grew his new network to over 350 people in just two years.
- The concept and story behind naming the company Power Tribes.
- Why even successful business owners live in a constant state of fear?
- The one simple ingredient that makes any company a Superstar and not a Struggler.
- What is the hidden asset that every business has?
- Great story: The beggar and the wise man!
- How to easily further monetize the early adapters in your customer base.
- What is the biggest mistake companies make when trying to set up a coaching team?
- How do you turn clients into salespeople?
Mitch Russo delivers in abundance on how your company can create amazing revenue streams with no additional products. Brilliant stuff! C-Level Execs take note.
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