Secrets to Profitably Pricing Recurring Revenue

Overview

Most of us realize how incredibly valuable and stress relieving having recurring revenue can be not only for our business but for our state of mind. We tend to price it in our normal fashion though. There are other considerations that are often overlooked and this ends up with our recurring revenue being less profitable than we expected. Understanding how to apply two simple concepts can ensure that our recurring revenue leads to higher profits with less stress.

Meet Nev Harris

Nev shows agency owners where the profit is hiding in their business. He has owned an agency the last 7 years and owes a lot of his success to the supportive WordPress community. The “profit guy” started as a passionate project to give back to the community, but at the urging of several friends morphed into something bigger.

He has the typical education, went to Pitt and Duquesne, and earned an economics degree and an MBA in Finance. But it’s his down-to-earth take on finance for the agency world that has led to him being featured in numerous national media outlets. You can say he is the guy they call when they want to talk money without putting the audience to sleep.

See, money talk doesn’t need to be scary. Or boring. Or something you do behind closed doors with an accountant who appears to be speaking another language. It is the key to unlocking the profit trapped in your business and lowering your stress around cash flow and expenses.

On a personal note, he’s shockingly single with no kids. He does have a dog, Romeo, but his ex-gf took him saying something like it was her dog because she bought him three years before they met. Romeo and he disagree but she seems one hell of a lot bigger than 5 foot when she is explaining this, so their love goes unrequited.