Andrew Tarvin

Passive income for consultants...is it really possible? Yes. It absolutely is. We've done it ourselves and we've taught our Clarity Coaching clients to create passive income. However, creating "true" passive income — income that requires no ongoing work — takes a lot of work upfront. In this article, I'll share… - What passive income looks like in the context of entrepreneurial consulting - 7 examples of passive income strategies for consultants - And how to get help setting up a profitable passive income source for your consulting business. Remember: as an entrepreneurial consultant, you're not just a consultant. You’re an 𝘦𝘯𝘵𝘳𝘦𝘱𝘳𝘦𝘯𝘦𝘶𝘳. And that means you have the freedom to be creative about how you generate your revenue. You can offer more than traditional consulting services. It's your business, you can do what you want! https://lnkd.in/gyP87tcE #passiveincome #entrepreneur #productized #consulting #consultant #consultingsuccess

17

Just found playist studio. Cool way to monetize videos immediately for creators (even without any subs or followers). It's basically a rev share where they pay you for every view you get (as long as you're using their music). Win win... -The musician/artist gest more awareness, reach, and ears on their song. -You get paid for using it on your short form content. Pretty cool imo!

1

3 Comments

Reading best practices in an academic vacuum is WAY different from figuring out how to apply them in the context of YOUR specific company and ICP.

3

2 Comments

Do you have the stomach to build a scalable business?! The level of stress, sacrifice, and grit needed is beyond measure 🔥 , which is why many settle for what Daniel Priestley calls a "lifestyle business" instead. I had a great conversation with Mudassir Mustafa on his Prodcircle podcast, where we spoke about everything from entrepreneurship and building your personal brand to the Saudi 2030 vision. Give the episode a listen on your favourite platforms! #podcast #saudi2030 #entrepreneur #journey #founder #scalable #unicorn #SME

32

11 Comments

✨✨THE BCD TRAP : Let's talk truth bombs, people. We've all been there. The fumbled project, the missed deadline, the moment where the blame game starts to simmer. Enter BCD: Blame, Complain, Defend. Coach Meyer calls it the "absolute worst" – worse than a dropped pass, worse than a fumble, even worse than disrespecting someone. Why? Because BCD traps you in a cycle of victimhood. It makes you point fingers, whine about circumstances, and cling to justifications. This. Stops. Now. We all fall into BCD sometimes. It's human. But here's the thing: BCD never built a dream, won a game, or forged a lasting connection. It's a dead-end street leading to stagnation and mediocrity. Are you ready to be the HERO of your own story? To rise above the blame game and step into your full potential? Then banish BCD and embrace EXTREME OWNERSHIP. ✨Stop Blaming. It's easy to point fingers, but it absolves you of responsibility. Take ownership of your actions, even the missteps. Learn from them and move forward. ✨Stop Complaining. Whining about problems doesn't solve them. Channel that energy into solutions. Be proactive, be resourceful. ✨Stop Defending. Justifications rarely impress anyone. Instead, acknowledge shortcomings, learn, and demonstrate growth. This is about becoming the BEST version of yourself. It's about showing up as a leader, an innovator, a HERO. It's about building a world where everyone thrives. The time to act is NOW. Ditch the BCD. Take EXTREME OWNERSHIP. Let's rewrite the script and become the heroes we were meant to be. Who's with me? #ExtremeOwnership #BanishBCD #HeroicLeadership

41

5 Comments

I was driving to my client's place. A call interrupted. Normally I don't take calls while driving, but this time I wanted to see who it is. "Sir we are calling from xxxx school, Chromepet... I guess you are a Speaker Consultant." Could not hear the name of the school properly. "Yes. I am a Speaker and a Consultant. But right now I am driving. Can I call you back?" Last month only, Krish was telling us that more and more schools provide speaking opportunities compared colleges. Is this call for speaking or for training? or for some consulting assignment for a long time. After hectic internal conversation, reached my destination in next half an hour. After parking the car, returned the call. Alas, no response. Tried 2-3 times, but no success. During the coffee break, the same party called. This time with an apologetic tone... "Sorry sir, I could not pick your call as I was in a meeting." "It is ok. Not an issue. Please tell me." "Sir! Our school is not yet ready. It is under construction." Oh My God! Never seen an organization so proactive. They call trainers and speakers even before the school is ready! "Sir, I understand that you are a Speaker Consultant. Now we are constructing two auditoriums and a mini-lecture hall in our school. Can you please come down in next two days? We would like to discuss and finalize how many speakers, mikes and amplifiers that may be needed for each of our facilities" Me.... Grrr... #SundarSpeaks

22

2 Comments

Why I am not worried about AI replacing coaching. Because communication is not connection. People ask for my support because of the connection we build not just the things I say and questions I ask. It's like the difference between your partner texting they love you and telling you they love you. Different worlds. 🌎 AI tools are great to ask some questions. You won't feel connected to it though. There's a reason why we have never been digitally closer yet more lonely than ever.

10

2 Comments

Are you ready to streamline your podcast production? 🎙️ Dive into the future with Episode Studio! Upload your episodes, spice them up with intros and outros (or not, your choice!), and let the magic happen. Opt to go raw with just your recording, or let Podcast AI handle the post-production heavy lifting – from generating descriptions to crafting titles and key points. Plus, get an entire website for your podcast, automatically created with all transcripts included.

6

It’s a constant journey of what’s next - the next step, the next connection, the next big opportunity. It’s all about taking the company to the next level and being ready when the moment comes. What keeps you up at night? Share in the comments below! The link to the full episode featuring Brett Wade is in the comments section below. ⬇  #BusinessofEducation #EntrepreneurLife #BusinessGrowth #TechEntrepreneur #StartupWorld #FounderLife

5

1 Comment

Newsletters 🤝 Communities (and why it's a match made in heaven) Loved talking communities with Louis Nicholls 💫 on his podcast for newsletter builders. It's such a logical next step for anyone running a newsletter (especially a paid one). Because you already have a following who wants to hear from you. So why not allow your members to hear from each other too? You're great, no doubt. But it's much easier (and better) to be the Guide rather than the Guru. The Guru has to know everything. At a moments notice. Or else... they might be a fraud... Wow, that's a lot of pressure. (because no one actually knows everything all the time) But the Guide is a much better role. Someone who's been there, done that, and wants to take others on that journey. You're sharing wisdom, knowledge and experience. Pulling together your network to help solve problems. But you don't know everything about everything (who really does?) So you walk *with* your audience on your shared journey. You might only be 1 or 2 steps ahead -- but that's a TON of value for the people behind you -- because you still remember what it's like to be where they are. Vs the "Guru" who was there 20 years ago... (who can't really relate). So if you already run a newsletter and have people who want to hear from you... I'd recommend you highly consider launching a community to go with it. Your audience (and bank account) with thank you :)

26

7 Comments

I spoke with a Founder recently who said this: “I am reaching people that can relate but they aren't under enough pressure to be ready to convert to a client.” Here’s what I believe this problem is: There’s not enough demand for what you have. Let me explain. Creating demand isn’t just about scarcity or urgency although they can help you sell. They mean nothing if your offer and content strategy sucks. Without a clear and compelling offer, you’ll only: - Blend in with your niche competitors - Compete on price to take on clients - Experience burnout from overworking for less And without a clear content strategy, you’ll fail to: - Attract attention and build a community - Establish authority in your niche - Gain inbounds from your content more easily Which is a huge problem when you spend daily efforts on LinkedIn to never get rewarded for it. Where even when you build an audience… Nobody wants your stuff. And it sucks, as it feels like there’s something majorly wrong. So you doubt your abilities and it affects your mindset too. But in reality, you lack a strategy. A strategy that can cover all areas of your LinkedIn, including your: - Offer - Profile - Content strategy - Engagement strategy - DM strategy So if you’re a Founder or Coach and this sounds like you. Then let’s make you a strategy of your own so you can get clients from LinkedIn. DM me “strategy” to piece one together.

25

26 Comments

Is your LinkedIn profile photo making the impression you want? (2/9) Back in the day, James J. Kriegsmann’s studio in NYC was THE place to go for actors and musicians who needed a striking headshot. Known for his ability to capture charisma in a single shot, Kriegsmann made legends out of performers by presenting them exactly as they wanted to be seen. These headshots became calling cards, opening doors in a competitive world where first impressions mattered. On LinkedIn, your profile photo plays a similar role. Think of it as your own “celebrity headshot,” helping you stand out in a sea of profiles. A high-quality, well-lit photo inspires trust and professionalism — and, just like Kriegsmann’s work, it helps your personality shine through. Your LinkedIn profile photo should serve to tell the story of you. QUICK TIPS: 📸  Dress like you're meeting a client in real life. Your look should represent your brand. 📸  Make eye contact with the camera for approachability — build trust before a word is spoken. 📸  Use a high-quality, well-lit photo (no blurry vacation shots or cropped group photos!). Bottom line? People do judge a book by its cover, especially online. Make sure your LinkedIn headshot shows visitors the superstar that you are. This is the second of 9 LinkedIn profile optimization tips. Follow #PhilsProfileTips to read them all.

7

4 Comments

I had a massive glut of emails in one of my accounts. It was 96% full. I decided to empty the "Other" folder which was mainly filled with mass email stuff that I hadn't read over the last few years. Now my Inbox is a lot less full. Problem solved! (An additional 18K of read messages were also deleted, so the total removed was about 125K.) #email #inbox #emailpurge #cleaning #organization

4

Are you overconfident? Let’s find out. The following proclamations from inexperienced buyers scream overconfidence:  (1) “We’ll just use the cash program to infill.” 💸 (2) “Industry consolidation will be my entry into the space!”  (3) “Collections will be run on a ‘no pay, no stay’ policy.”  (4) “We’ll just select someone from the community to be the manager.”  (5) “Marketing just requires a few online ads, and maybe some bandit signs.”  (6) “Even though we’ve never owned before, we’re definitely value-add buyers.”  (7) “We’ve planned to sell off all park-owned homes to create all tenant-owned homes.” We have all been there ---I know I was overconfident when I started. But, I also made sure to be upfront with our investors.  They were comfortable with my inexperience, and I rewarded them for the risks. 🚫 Because there’s no room for B.S in this industry. 🚫 Let’s take proclamation 1 as an example: Paying up for vacant pads without realizing how time-consuming and expensive infill could be. Here’s the thing, a used home will cost a minimum of $15,000 to buy, bring in, and fix. Not to mention the amount of time it takes to locate, fix, and lease-up a home! New homes don’t offer much better circumstances either with recourse debt. And unless you know this, your out-of-pocket shoots up an extra hundred thousand dollars, plummeting your cash on cash returns. How guilty are you so far? 🙋🏻‍♀️ Leave me a comment below! 👇🏻

18

6 Comments

Have you ever had a WHALE client? 🐳 You know the ones I’m referring to — those game-changing accounts that can skyrocket your consulting business to new heights. These aren’t your run-of-the-mill clients; we’re talking about industry titans with employee rosters longer than your arm and revenues that make other businesses blush. But what really sets these whales apart? It’s simple: they’re the heavyweight champions of your revenue stream, often accounting for a significant chunk of your firm’s income. For example, if you’re a strategy consultant and you sign a Fortune-500 company that sends you a ton of work — and their contract takes up 65% of your bandwidth — that’s a whale client. What are the pros & cons of signing a whale client? ✅ Pros Of Signing A Whale Client: -You get a big injection of revenue. This revenue is often quite steady and can increase fast. -A whale client can put you on the map. If you land a big-name client, it signals to the market that you must be good at what you do. -It can feed the growth of your business. Many of our Clarity Coaching clients built their business off their first whale client. This client becomes the catalyst for them to make additional hires and build systems to support and fulfill the whale client project(s). ❌ Cons Of Signing A Whale Client: -Whale clients create revenue concentration. It’s risky to have 40% of your revenue coming from one client, never mind the danger of 60% or more. If you’ve built up your business to serve this client (like hiring team members) and the mighty whale decides to freeze the project, cut budget or make an unexpected change, it can put you out of business if you’re not prepared. ❓ What's been your experience with WHALE clients? I'll drop a link below if you're interested in learning more about how to navigate the whale situation...

18

15 Comments

I've been sharing videos on how to conquer your imposter as if the imposter was a villain in a video game and it's really resonating with people! ⬇ Check out this idea when your imposter battles are too tough to handle alone. Solution: Bring in a teammate. Collaboration can be the ultimate power-up against self-doubt. Just as you’d bring in a friend to help you beat a tough level, lean on a mentor or colleague for support when tackling big challenges. Their strengths can complement yours, helping you conquer self-doubt faster. They might even be able to help shift your mindframe from feeling defeated to finding one thing you can do differently to conquer your imposter!

25

4 Comments

I put down a VERY important boundary this week All my strategy and coaching clients get to share all of their work with me for feedback and help before they post it. But a few of them have been damn cheeky and given me chatGPT stuff for me to feedback on. So they used chatGPT, then ask ME to fix it for them There's so much wrong with this 1. The fact they think I'm not going to notice it's chatGPT 2. The fact they are want me to fix AI's work 3. The fact they think that the chat GPT stuff sounds good. So now - if I get a HINT of chaGPT they get "rewrite in your own words first" before they get feedback. BECAUSE I WILL NOT PLAY A PART IN SHITTY GENERIC AI CRAP WITH NO HUMANITY IN IT FLOODING THE INTERNET. Things are tough out there. Do not make it tougher by thinking generic rubbish is going to somehow grow your business. If you've been using chatGPT and other ai writing a lot and you haven't done the following you need to STOP 1. Do you know what your style of writing and communicating is? 2. Have you given chat gpt a very clear brienf and bundles of your owrk so it cna use that as a base? 3. Have you ACTUALLY read the ChatGPT stuff outloud and then asked yourself "does that osund like me? if it doesn't DO NOT USE IT 4. Did you AT LEAST ask it to write with NZ grammer and spelling??? As I wrote this I got a Linkedin newsletter from someone I really like and respect and I'm going to unsubscribe Why? Because I like hearing from her But all I heard from was chatGPT I'm not interested in hearing more from AI I want to hear more form you And yeah - maybe you aren't going to "unlock" things so easily but in "today's competitive landscape" the best way to compete is to NOT sound like AI. STOP F&*KING about with your audience START respecting them with actual, from your own voice communication Our brains and hearts prefer your imperfect voice to AI I know I do RACHEL RANTY PANTS. OVER AND OUT. PS: I USE CHATGPT ALMOST EVERY DAY. We use it in our coaching sessions. I'm not anti it - just anti BAD USE of it in your marketing Want to learn how to get your authentic message out in a super strutured way AND make a dent in the noise out there? I'm your person to help you get there Take it from the horse :) PPS: typos is my writing help show you I wrote this myself. While ranting. FYI.

50

32 Comments

Things I'm doing to build a content engine (without burning out): · Using AI tools/prompts · Collaborating with others · Focusing on a few channels · Repurposing across platforms · Looking for data-driven improvements · Mapping out Content Themes in advance · Using automation to streamline processes · Delegating tasks to freelancers and agencies · Scheduling dedicated content creation blocks How about you?

62

17 Comments