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Honest Business

Honest Business

By May James

The Honest Business podcast is here to give you advanced business strategy and the inside know-how for business owners who are scaling rapidly with strong, value-driven businesses. Hosted by May James, Multiple Business Owner, Growth Strategist and Global Business Consultant. May is known for her unfiltered, honest approach to business and leadership; giving you the real 101 on a variety of high level business topics, so that you can make use of the time you invest whilst listening and see results, fast.
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112. Is Your Business Model The Right One?

Honest BusinessMay 29, 2024

00:00
37:21
112. Is Your Business Model The Right One?

112. Is Your Business Model The Right One?

Are you aligning your business model with your goals? In this episode I explore how crucial business models are for success and growth.

I also touch on differentiation, consistent revenue generation, and the importance of stakeholder feedback and data-driven decisions. I advised against trend-chasing and highlighted the value of strategic planning and professional guidance when implementing changes.

Join me as we delve into the transformative potential of optimizing your business model for long-term success.


Key points in this episode:

Indicators that a business model needs an update (00:01:12)
Impact of a well-designed business model (00:02:54)
Understanding what a business model is (00:04:07)
Differentiation of business models (00:05:16)
Aligning personal and business goals with the business model (00:09:45)
Considerations for different business scenarios (00:12:42)
Effect of the business model on profitability (00:18:20)
Is your business model the right one? (00:20:40)
Struggle to generate revenue (00:22:40)
Giving yourself permission to change (00:24:51)
Avoiding trend-based decisions (00:28:00)
Planning business model changes (00:30:05)
Creating a stable and robust business (00:32:43)
Exploring transformation through business model changes (00:35:27)


If you're looking to supercharge your progress, the applications are open for Cohort 5 of May's Accelerator: https://mayjames.com/ma


Connect with May on...

Instagram https://www.instagram.com/may.james_/
LinkedIn https://www.linkedin.com/in/maylaurajames/
Website https://www.mayjames.com

May 29, 202437:21
111. How I Manifest Things In My Life And Business
May 22, 202430:46
110. How to Be a Serial Entrepreneur: Managing Time, Money, and More!
May 15, 202439:53
109. Personal Q&A: My Fears, Running A Product Based Business And Why I Started May James
May 08, 202441:25
108. How To Successfully Outsource Sales / Build A Sales Team As You Scale

108. How To Successfully Outsource Sales / Build A Sales Team As You Scale

What are the key considerations when contemplating outsourcing sales? In this episode I help you understand how you can eradicate yourself from being in the sales position within your business.

From understanding your sales process to aligning with external resources, I offer insights into the potential benefits and pitfalls of outsourcing your sales. Tune in to learn about building internal teams, effective lead qualification, and scaling sales functions. Whether you're considering outsourcing or refining your sales strategy, this episode offers invaluable guidance.


Key points in this episode:

Considerations for Outsourcing Sales (00:02:37)

When Outsourcing Sales Works (00:04:42)

Outsourcing Sales Process (00:05:35)

Internal vs. External Sales Teams (00:07:32)

Internal Sales Team Considerations (00:12:18)

Outsourcing Specific Processes (00:19:46)

Rewarding Salespeople (00:25:14)

Finding Salespeople (00:28:02)

Building a Sales Team (00:30:56)


Connect with May on...

Instagram https://www.instagram.com/may.james_/

LinkedIn https://www.linkedin.com/in/maylaurajames/

Website https://www.mayjames.com

May 01, 202436:26
107. Strategies for Successfully Starting A Second Business
Apr 24, 202428:42
106. Ethical Pricing 101 For Value Based Business Owners

106. Ethical Pricing 101 For Value Based Business Owners

Are you confident your pricing is fair and ethical in your business? Does your pricing truly match the value you give to your clients? In this episode I talk through some really important points that you might not have thought about when it comes to pricing ethically.

I debunk common misconceptions, uncover the often-overlooked ethical considerations of pricing decisions, and examine the dangers of undercharging.

Whether you're a seasoned entrepreneur or just starting out, this debate offers invaluable insights for refining your pricing strategies. Tune in now to witness a clash of ideas and uncover the strategies of ethical pricing that will propel your business towards success!


Key points in this episode:

Understanding fair pricing (00:01:50)

Aligning pricing with business vision (00:03:56)

Impact of fair pricing (00:05:48)

Being aligned with your pricing (00:07:49)

Understanding customer segmentation (00:14:47)

Challenging perception of money (00:17:04)

Value exchange in pricing (00:20:05)

Unethical undercharging (00:22:50)

Differentiating between charity/not-for-profit and for-profit ventures (00:24:04)

Understanding ethical pricing (00:26:14)

Collaborative pricing strategy (00:28:01)

Freedom of fair pricing (00:29:50)


Connect with May on...

Instagram https://www.instagram.com/may.james_/

LinkedIn https://www.linkedin.com/in/maylaurajames/

Website https://www.mayjames.com

Apr 17, 202434:52
105. Sales & Marketing Q&A: Strategies for Sales Page Copy, Engagement, Momentum, and Content
Apr 10, 202447:54
104. How To Effectively Communicate The Value of Your Offer/Service

104. How To Effectively Communicate The Value of Your Offer/Service

Are you effectively communicating the value of your offer or service? Today, I'm diving into this crucial topic. It's surprising how often we overlook the importance of conveying value, but it's essential for driving sales and business growth.

In this episode I talk about common stumbling blocks like misunderstandings and assumptions, and why it's crucial to highlight the non-monetary impact on customers' lives. Plus, I discuss strategies to connect features and benefits with your audience's needs, crafting clear and compelling messaging.

Join me to refine your value communication and propel your sales goals forward.


Key points in this episode:

Identifying the Value of Your Offer (00:01:00)

Value Communication and Sales (00:02:06)

Connecting Value to Customer Needs (00:04:13)

Understanding Unique Selling Points (00:05:10)

Compelling Messaging for Value (00:07:09)

Real-World Examples and Credibility (00:09:26)

Engaging Content for Value Communication (00:19:18)

Personalised Communication for Value Delivery (00:21:25)

Articulating Benefits (00:23:45)

Niche Targeting (00:28:57)

Measuring ROI (00:33:00)

Effective Value Communication (00:36:02)


Connect with May on...

Instagram https://www.instagram.com/may.james_/

LinkedIn https://www.linkedin.com/in/maylaurajames/

Website https://www.mayjames.com

Apr 03, 202439:17
103. How To Recognise and Prevent Burnout in Business
Mar 27, 202425:28
102. Is Your Business Sustainable? Will It Work In 15 Years Time?
Mar 20, 202434:57
101. Finding Your Business Bearings When You Feel Lost & Uncertain
Mar 13, 202419:44
100. IWD 2024: What Type Of Leader Do You Want To Be?
Mar 05, 202431:48
99. 15 Common Business Practices That Need To Go In The Bin
Feb 28, 202415:50
98. Simplify And Grow Your Business With The Power Of VIP Days
Feb 21, 202437:23
97. Is Your Drive for Business Success Destroying Your Personal Life?
Feb 14, 202430:20
96. Business Results After 20 Months Of Podcasting
Feb 07, 202424:24
95. 10 Mistakes Competent Business Owners Are Making
Jan 31, 202432:37
94. 6 Things To Stop Feeling Guilty About In Your Business
Jan 24, 202415:50
93. 5 Things I Am Working On In The Business In 2024
Jan 17, 202416:06
92. 19 Business Lessons From A Life Changing Year
Jan 10, 202432:46
91. 22 Business Trends to Watch in 2024
Dec 20, 202331:07
90. New Year, New Opportunities: How to know what to action and what to not get distracted by
Dec 13, 202330:32
89. Q&A - Pivoting, Shifting Revenue & Expanding Your Business
Dec 06, 202327:33
88. Why Should You Adopt a Monthly Business Health Check in 2024?
Nov 29, 202322:16
87. The Focus Advantage: Why Concentrating Your Energy Can Amplify Your Business
Nov 22, 202326:08
86. How To Turn 5 Year Goals Into 1 Year Achievements
Nov 15, 202340:02
85. How Can You Stand Out in Your Industry in 2024?
Nov 08, 202321:18
84. Removing The Emotion Out Of Business
Nov 01, 202327:05
83. Navigating Pricing Decisions with Confidence and Strategy | Pricing Embodiment Q&A
Oct 25, 202328:14
82. Is Making 6 Figures In Revenue Enough?
Oct 18, 202332:58
81. How to Make Your High-Ticket Offer Irresistible and In Demand
Oct 11, 202332:33
80. My Recent Sales Nightmare: Lessons From A Buyer To Supercharge Your Sales Game
Oct 04, 202329:11
79. Q&A: Success, Quitting Jobs, Impact of Strategy & Our Softwares
Sep 27, 202331:51
78. Maximising Year-End Opportunities: A Q4 Guide for 2024 Success
Sep 20, 202320:51
77. Overcoming Imposter Syndrome: Celebrating every achievement, big or small
Sep 13, 202325:07
76. Does Your Business Model Need A Refresh?
Sep 06, 202346:16
75. Building an Audience: Build one, Buy one or Borrow one
Aug 30, 202335:54
74. Why Your Offers Aren't Selling And How To Fix It
Aug 23, 202328:05
73. Redefining Success: Embracing Time, Freedom, and Impact
Aug 16, 202335:56
72. Sustainable Launch Strategy For Business Owners Managing A Chronic Illness
Aug 09, 202325:43
71. Unveiling the Strategy Behind May's Accelerator's Seamless Launch
Aug 02, 202345:33
70. Solving Your Sales and Offer Development Dilemmas - Sales Q&A
Jul 26, 202346:06
69. How To Be Really Successful In Business - The Art Of Execution
Jul 19, 202336:16
68. This Is Slowing Down Your Ability To Scale - Lets Talk Business Fundamentals
Jul 12, 202321:11
67. 30 Trend Predictions For The Rest Of 2023 And How Accurate Was I In 2022 - Part 2
Jul 05, 202333:32
66. 30 Trend Predictions For The Rest Of 2023 And How Accurate Was I In 2022 - Part 1
Jun 28, 202335:02
65. Client Management Q&A Part 2 | Client Retention, Mistakes, Systems & Support
Jun 21, 202341:23
64. Client Management Q&A Part 1 | Feedback, Boundaries & Late Payments
Jun 14, 202344:10
63. The Scaling Gap
Jun 07, 202342:30