Opinions expressed by Entrepreneur contributors are their own.
Key Takeaways Before you can combine anything, you need total clarity on what each business brings to the table.
Find the similarities between the customers of your multiple businesses and market your combined services or products to all of them.
However, not every collab has to be a bundle offer. Sometimes one business opens the door and the other walks through later.
Let me tell you something nobody talks about enough in the entrepreneur world. Owning multiple businesses is not about juggling. It’s about stacking. When you stop treating each business like a separate island and start building bridges between them, everything changes. Your marketing gets cheaper, your audience gets bigger and suddenly you’re not working three times harder. You’re working three times smarter.
I’m going to walk you through exactly how I’m doing this right now with three of my companies, because I think a lot of entrepreneurs are sitting on gold mines and don’t even realize that the businesses they already own could be collaborating with their other businesses. Here’s the real breakdown.
1. Know what each business actually does (and who it serves)
Before you can combine anything, you need total clarity on what each business brings to the table. Let me show you mine.
I own Beachee, a media company that helps local businesses in Orange County get real traction. We’re talking Huntington Beach, Newport Beach, Laguna Beach. That whole beautiful coastline. We put local brands in front of the people who actually spend money on vacation experiences and incentives for locals to keep them coming back.
Then I have Fix Your Search, which is all about making sure your online presence is absolutely stunning. If somebody Googles you, Yelps you or stalks you on Instagram before they buy, Fix Your Search makes sure what they find makes them want to complete the transaction.
... continue reading