Discover the final pillar to elevate your child care business in episode 150 of the Child Care Genius Podcast. As we wrap up our enlightening eight-part series on the Pillars of Leverage, Brian and Carol Duprey dive into the power of diversification. From expanding into new markets to exploring additional revenue streams, this episode is packed with actionable insights to help child care business owners secure their financial future and minimize risk. Tune in to learn why "not putting all your eggs in one basket" is more than just a saying—it's a strategy for long-term success.
Join Brian and Carol as they share personal experiences of opening and closing child care centers, highlighting the importance of market research and understanding the unique demands of different areas. They also explore creative ways to diversify income, including adding side businesses like coffee shops or leveraging unused space for rentals. With real-world examples and stories from coaching clients, this episode offers a treasure trove of ideas for spreading risk while boosting profits.
But that’s not all—diversification isn’t just about your business. Brian and Carol discuss their journey into real estate, showcasing how this avenue has helped them grow wealth, save on taxes, and provide a safety net during uncertain times. Whether you’re curious about multifamily properties, commercial spaces, or even Airbnbs, this episode will inspire you to think beyond the traditional child care model.
As 2024 comes to a close, Brian and Carol reflect on 150 episodes of the Child Care Genius Podcast and share exciting plans for 2025. With new guests, fresh topics, and upcoming conferences, there’s plenty to look forward to in the year ahead. Don’t miss this episode as we close out the series and the year with a focus on growth, innovation, and community.
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