How to Create Unique Offerings that Create Passive Streams of Revenue for Your Service-Based Business

If you’re an entrepreneur who is feeling burnt out and would like to add longevity to your service-based business, creating unique offerings may be the answer. It can provide passive streams of revenue that give you more freedom to do the things you love in your business and support others. Plus, it gives you the chance to be creative and develop offerings that are aligned with your values and mission. Let’s look at how this can be done.

Step 1 – Look at What You Already Have
Before creating something new, take a moment to analyze what’s already working for you. What services have been successful? Are there any products or experiences that have resonated with your audience? Are there any patterns in terms of what people are asking for? All of these questions will help you better understand what type of offering could work for your business.

Step 2 – Consider Your Brand Values & Mission
When creating something new, it should always be in alignment with your brand values and mission. This ensures that whatever you create is congruent with who you are as a brand and allows customers to feel confident investing in what you offer. So before getting started consider how whatever you create reflects all aspects of your brand journey so far.

Step 3 – Brainstorm Ideas
Now it’s time to brainstorm ideas! Get creative and don’t worry about filtering ideas just yet – they don’t need to be perfect! Write down everything that comes up – even if it seems impossible or crazy – because these ideas may spark something even bigger down the line! When looking at what type of offering would make sense for your business think outside the box! Take into account all the different ways people use their energy, time, money and resources – this will help create unique experiences that stand out from others!

Step 4 – Make a Plan & Execute
Once you have settled on an idea it’s time to start making a plan. Break down each step needed for execution into small actionable tasks so nothing is overlooked or forgotten. Creating a timeline can also help keep track of progress and ensure completion by a certain date. Finally, execute the plan one step at a time until it is complete!

Creating new offerings can be daunting but when done correctly can bring in passive streams of income which helps add longevity to our businesses while freeing up our precious energy resources to do more fun activities we enjoy in our businesses while supporting others on their journeys too!
By following these steps we ensure that whatever we create will stay true to our brand values and mission while giving us plenty of space to get creative too! Now go forth and make something magical happen!