High-Ticket Business Model Myths

An episode of the The Entrepreneurial You podcast, hosted by Heneka Watkis-Porter, titled "High-Ticket Business Model Myths" was published on October 26, 2021 and runs 24 minutes.

October 26, 2021 ·24m · The Entrepreneurial You

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Summary

Have you ever thought about offering a High- Ticket Business service? What is stopping you? This week's guest can help you overcome whatever fears you might be having surrounding this decision as we discuss High-Ticket Business Model Myths with Shayla Boyd- Gill. Here are three reasons why you should listen to the full episode: Learn about the reasons for some of the myths surrounding High-Ticket Business Models. Hear how Shyla Boyd-Gill practically debunked these myths to accelerate in her own High-Ticket Business. Discover helpful tips to help you grow your own High-Ticket Model Business. Episode Highlights Who is Shalya Boyd-Gill Shayla is a wife and mother of 6. Shayla shares how her personal life experiences lead her to become an entrepreneur. She explains that her business was birthed from her ability to have babies well and that was something she was good at doing. She also shares that after a few failed attempts, she had to figure out how to run a business successfully. She also shares how she had to change her business model and how a different approach helped her build her business and balance family life. Reasons Myths Surround High Ticket Business Models Shayla explains that sometimes people don't believe that customers or clients are willing to pay their asking price. She expresses that sometimes business owners downplay themselves but should not do that as long as they can deliver the results they advertise. Shaylea encourages business owners to have an infinite mindset, thinking more about the goal rather than the steps they have to take to get there. She says that this will help them to operate as if it has already happened. This mindset removes doubts and encourages them to believe anything is possible. High Ticket Business Model Myths Myth #1 Shayla shares that one of the myths in the high ticket business model is that you have to have a certain level of experience to be successful in your given industry. She expressed that while entrepreneurs might believe they need years of experience or other persons to validate them as experts in their area, it's unnecessary. However, you can brand and speak highly of yourself and your business as long as the product you deliver matches up to what you say about it. Shayla also shares how she branded and presented herself as the best in her industry when she began her business. Myth #2 Another myth in high ticket business models is that it takes too much time to nurture leads. Shayla debunks this myth by explaining that once a lead is qualified it takes less time to make a sale because this person usually already knows what they want and is already willing to invest. She says she discourages her clients from talking to "window shoppers," this helps them focus on more qualified leads. Shayla shares that to find leads, entrepreneurs should not forget the power of word-of-mouth marketing. She also states that business owners must be clear about the people they want to work with and the type of service offered. She explains that this helps people to better direct persons in need of their services. Shayla also encourages business owners to find quality leads through speaking and using material from their existing system to fuel these speaking engagements, for example, a podcast or social media postings. She also states that the benefits of using information from an existing system are that you can be consistent and people will already know what you do. Myth#3 The final myth Shayla shares is that sometimes business owners don't believe that clients won't buy something fr... Learn more about your ad choices. Visit megaphone.fm/adchoices