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The Dirt - 95. Turning Your IP Into a SaaS Product Goldmine (Solocast)

95. Turning Your IP Into a SaaS Product Goldmine (Solocast)

The Dirt

11/21/23 • 10 min

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Learn about how the strategic move towards a SaaS model is a golden ticket to maximizing the overall value of your business.

In this solocast, Jim Barnish delves into four reasons why transforming your IP into a SaaS model is such a game changer.

Some of what Jim gets into:

  • Scalability is About Growing Smarter: In a SaaS model, it's not just about getting bigger; it's about getting smarter. Ideally, you should aim for the cost of serving an additional customer being close to zero.
  • SaaS = Steady Revenue Streams: With a traditional product or service-based business, you’re often chasing the next deal to keep the lights on. Turn your business into a SaaS subscription model, you’ll make your revenue streams more consistent—as long as you continue providing value to your customers.

Scalability and predictable revenue are just two reasons to transform your IP into a SaaS model. To hear Jim’s take on increasing customer value and lowering operating costs, listen to the show.

About The Dirt Podcast

The Dirt is about getting real with businesses about the true state of their companies and going clear down to the dirt in solving their core needs as a business. Dive deep with your host Jim Barnish as we uncover The Dirt with some of the world's leading brands.

If you love what you are getting out of our show please subscribe.

For more information on how we dig into the dirt check out our other episodes here: https://www.orchid.black/podcast

About Our Company

Orchid Black is a new kind of growth services firm. We partner with tech-forward companies to build smarter, better, game-changing businesses.

Website: https://www.orchid.black

Jim Barnish’s LinkedIn: https://www.linkedin.com/in/grow-smart-grow-fast/

Orchid Black’s LinkedIn: https://www.linkedin.com/company/orchidblack/

YouTube: https://www.youtube.com/@OrchidBlack

All contents of this show are rights of Orchid Black©️ and are not to be used unless authorized by written consent.

11/21/23 • 10 min

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The Dirt - 95. Turning Your IP Into a SaaS Product Goldmine (Solocast)

Transcript

Jim Barnish 0:02

Hey everyone, Jim Barnett here and welcome back to another episode of the dirt. For all of our new listeners out there, this show is all about providing actionable strategies to help you grow and maximize the value of your business. And today we're going to delve into an area that's incredibly valuable for really all business owners and business leaders with important intellectual property and or methodology. For both tech forward and more traditional businesses. I tal

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