What is the number one way to fix inconsistent revenue?

Eric DeeranOne mission — help agency owners build businesses they actually love running.

How to fix inconsistent revenue

30 May 2024 · 1 min

Watch on YouTube

0:30

A short YouTube advice clip (creator: Eric Deeran) recommending retainers as the primary solution to inconsistent revenue. Speaker A defines retainers as clients paying monthly for a set of deliverables, describes this as recurring revenue, and says building recurring payments is how to scale to 5k–100k/month; one-off work is "icing on the cake."

Questions this video answers

Implement retainers — clients pay monthly for a specified amount of deliverables (recurring revenue).

The number one way to fix inconsistent revenue is to implement retainers. This is where a client's paying you every single month for a certain amount of deliverables. And in exchange you get what we call recurring revenue. And recurring revenue is when they're paying you every day on a certain deadline. That's how you build 5, 10, 15, 20, 50, 100k a month is by having those recurring revenue payments. And then anything you do for one offs is just icing on the cake. On top of that.