Entrepreneur's Business Strategy Most Lawyers and Professionals Ignore | 564

An Entrepreneur's Business Strategy Most Lawyers and Professionals Ignore 

Most entrepreneurs think about their exit strategy when they start their businesses. This means they focus on replicable revenue. CEOs who ascend to the role and professional service providers never consider different revenue streams.   There are four types of revenue in any business.

In this video, Dave describes each type of revenue. Entrepreneurs live and breathe this information, but other business leaders miss it.

00:00 Entrepreneur's Business Strategy Most Lawyers and Professionals Ignore
00:51 Revenue Rollercoaster
04:25 Think About This Before Starting a Business or Professional Firm
05:24 Ad Hoc Revenue
05:48 Repeat Revenue
06:44 Recurring Revenue
07:27 Passive Revenue
09:28 Acquisition Intensity
13:28 What Type of Revenue Do Most People Chase?
15:56 Most Important Thing an Entrepreneur Can Do Before Starting a Business
20:08 The Big Takeaway from Today's Session
20:50 How Often Do Professionals Think Like Entrepreneurs?

About Inside BS Show 

The Inside BS Show  provides business leaders with inside business secrets to help them make a great living and live a great life.
Since its inception in 2020, the show has been a valuable resource for CEOs and business leaders seeking the personal and professional knowledge they need to take their businesses to the next level while making the journey more rewarding. 

What is Inside BS Show?

Would you like to work with better clients, make more money, and build a business that gives you true freedom?

Have you struggled with the loneliness that comes with working long hours and solving the dozens of complex problems you face as an entrepreneur?

Do you ever feel like the most valuable business secrets are shared behind closed doors—where only insiders have access?

Welcome to The Inside BS Show—your daily invitation to step behind the velvet rope and into the room where real business leaders talk strategy, success, and scale.

These are your people. They've been where you are, and they've gone where you want to go. But most importantly, they feel your pain and can help it go away.

If you're an entrepreneur, CEO of a private company, or leader of a professional firm, this show is your secret weapon.

On each show we break down the business growth strategies that insiders use to win—revenue generation, building influence, succession planning, hiring top talent, navigating legal minefields, and crafting an exit strategy that maximizes value.

But this isn’t just a podcast—it’s a community. We don’t just talk at you; we bring you into the conversation.

Your host, Dave Lorenzo (The Godfather of Growth), gives you an exclusive front-row seat to the insights, strategies, and behind-the-scenes conversations that drive business success.

A new episode drops each Wednesday at 6 AM.

Want to connect with Dave? Call [phone].

What are you waiting for? Join us ON THE INSIDE.