Digital Dominators

#41 Kristine Monaghan | New Level, New Devil: Why Your Business Model Must Evolve as You Grow


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In this episode, Sooz Young interviews Kristine Monaghan about the importance of evolving business models as businesses grow, especially in the class-based sector.


They discuss strategies for scaling, building ecosystems, content repurposing, and the significance of systems and mindset for long-term success.


EPISODE CHAPTERS


00:00 Evolving Business Models for Growth

01:44 Krissy's Journey into Class-Based Business

07:25 Building the Class Business Academy and Awards

15:03 Guiding Entrepreneurs Through Business Evolution

18:46 Creating a Sustainable Ecosystem for Class Businesses

26:55 Building Systems for Growth

31:34 The Power of Repurposing Content

36:01 Mindset Shifts for Entrepreneurs

41:16 Scaling Challenges in Class-Based Businesses

44:18 Community vs. Content: The Growth Dilemma

47:41 Speed and Agility in Business

50:04 Leveraging Technology for Connection



KEY TAKEAWAYS


Why business models must evolve with growth

Warning signs that indicate a need for change

Strategies for redesigning and scaling a business

The importance of systems, processes, and SOPs

Content repurposing and digital marketing strategies

Building community and recognition through awards

Mindset shifts for entrepreneurs leveling up



RESOURCES SHARED


  • https://theclassbusinessacademy.com
  • https://www.facebook.com/krissy.monaghan.7
  • https://www.instagram.com/iamkristinemonaghan/originalSubdomain=es
  • https://www.youtube.com/ ⁨@theclassbusinessacademy⁩
  • https://www.linkedin.com/in/kristine-monaghan/



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Digital DominatorsBy Sooz Young