Mission Daily

Why You Need to Diversify Your Clients... Quickly


Listen Later

We lost 70% of our revenue two months ago. We had to cut a third of our full-time staff. Here’s what we are learning the hard way:

  • Diversify your clients as soon as possible. Don’t rely on one company to provide the bulk of your revenue. 
  • Diversify the industry you play in. That way if one industry crashes (like tech right now) you are left in a strong position with companies from other industries. 
  • Understand the potential downsides of longer contracts - you might not be checking in on client satisfaction as often as you should. 
  • Tune in to hear Albert and Steph’s take on these lessons and how they are planning for the future.

    Mentions

    Sagan.fm - Need help producing your podcast? Shoot us an email at [email protected] to find out how we can help.

    Email us -> [email protected]

    Work with us -> https://www.missionsponsors.com/

    Follow Stephanie -> https://www.linkedin.com/in/stephaniepostles/


    Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

    ...more
    View all episodesView all episodes
    Download on the App Store

    Mission DailyBy Mission.org

    • 4.6
    • 4.6
    • 4.6
    • 4.6
    • 4.6

    4.6

    220 ratings


    More shows like Mission Daily

    View all
    The Story by Mission

    The Story

    235 Listeners

    IT Visionaries by Mission

    IT Visionaries

    171 Listeners

    Education Trends by Mission

    Education Trends

    40 Listeners

    The Future of Cities by Mission

    The Future of Cities

    76 Listeners

    Marketing Trends by Mission

    Marketing Trends

    275 Listeners

    The Journey by Mission.org

    The Journey

    59 Listeners

    Find Your Mission by Mission

    Find Your Mission

    38 Listeners

    Hidden In Plain Sight by Mission

    Hidden In Plain Sight

    87 Listeners

    Up Next In Commerce by Mission

    Up Next In Commerce

    136 Listeners

    Business X factors by Mission

    Business X factors

    23 Listeners

    The Fleet by Mission

    The Fleet

    18 Listeners

    Experts of Experience by Mission.org

    Experts of Experience

    28 Listeners

    Life with Pets by Buddies by Blue Buffalo

    Life with Pets

    58 Listeners