Productize a Service Business

Productize a Service Business

Author: Sharran Srivatsaa May 28, 2024 Duration: 24:51

Click Here to Get All Podcast Show Notes!

Have you ever wondered how the best companies create insane profits and insane enterprise values? How do they build companies worth millions or even billions of dollars? What makes a product unique?


In this episode, Sharran dives deep into the art of productizing your services, turning your expertise into high-demand products that sell themselves. Get ready to learn the three components of productizing your service to meet and exceed customer expectations.


Whether you're a seasoned entrepreneur or just starting out, this episode is packed with insights that can revolutionize your business approach and help you break free from the limitations of traditional service models. 


Are you ready to transform your service business into a scalable, revenue-generating machine? Don’t miss out on this game-changing episode! Tune in now to unlock the secrets of productization and take your service business to new heights.


If you don't have a product-based mindset of delivering the service, you will always have a commoditized service, and when you have a commoditized service, you will be beaten down in price until you go out of service.”


- Sharran Srivatsaa


Timestamps:

03:26 - How do you create an enormous amount of value?

04:07 - What makes product managers unique?

05:57 - The difference between order qualifiers and order winners

08:18 - How do you build a product in a service world?

10:19 - How to map the client journey

14:45 - The importance of show, flow, and demo

20:15 - How do you elegantly differentiate what you do?

23:04 - Recap of the three components to productize a service


Resources:

- The 5am Club - https://sharran.com/5amclub/

- Join the 10K Wisdom Private Partner Podcast, now available to you for free - https://www.highlandprime.com/optin-10k-wisdom

- Join Sharran's VIP Community - https://sharran.com/vip/

- The Real Brokerage - https://www.joinreal.com/

- Top Agent Power Pack - https://sharran.activehosted.com/f/121

- The Job of a CEO - https://www.highlandprime.com/download-job-of-ceo

- ARC Multifamily Real Estate Investing - https://arcmf.com/

- Sharran's Partnership Program - https://www.highlandprime.com/

- Grab Sharran’s 4-Week MBA for Free - https://sharran.com/4weekmba/


Connect with Sharran:

- Facebook - https://www.facebook.com/likesharran

- Instagram - https://www.instagram.com/sharransrivatsaa/

- Twitter - https://twitter.com/sharran

- LinkedIn - http://www.linkedin.com/in/sharran

- YouTube - https://www.youtube.com/channel/UCzpl_gT1bVB1iNZl9yQbWuA?sub_confirmation=1


There's a lot of advice out there about building a business, but much of it feels theoretical or disconnected from the messy reality of day-to-day operations. Business School with Sharran Srivatsaa exists in that gap between theory and execution. Hosted by Sharran Srivatsaa, an entrepreneur and investor who has personally built and exited five companies across different sectors, this podcast is built on a foundation of direct, tactical experience. As the President and Managing Partner at Acquisition.com, Sharran now works closely with other business owners, giving him a unique, ground-level view of the common challenges and opportunities facing founders and operators today. Each episode focuses on stripping away the fluff and noise to discuss the specific strategies, mental frameworks, and practical steps that drive real growth. You'll hear conversations that tackle everything from marketing and management to investing and operational efficiency, all aimed at providing clarity and intentionality for the journey. This isn't about generic inspiration; it's for the underdogs and builders who are focused on measurable results. The insights shared in this podcast come from the front lines, offering a perspective that is both broad from his multi-industry exits and deeply personal from his current work guiding other companies. If you're looking for actionable guidance from someone who has repeatedly navigated the path from startup to successful exit, you'll find a valuable resource here.
Author: Language: English Episodes: 100

Business School with Sharran Srivatsaa
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