222: The 6 Lies of Six Figure Launches
The BizChix Podcast: Female Entrepreneurs | Women Small Business | Biz Chix
Natalie Eckdahl
4.8 • 630 Ratings
🗓️ 21 June 2016
⏱️ 42 minutes
🧾️ Download transcript
Summary
Have you ever wondered why you can’t seem to replicate someone else’s success when launching your own business? Join host Natalie Eckdahl as she shares the six lies of six figure launches and how you can have the right set of expectations for your small business.
Key Takeaways:
[5:35] Natalie shares personal insights regarding the emails in your inbox that claim you can replicate someone else’s success.
[9:25] What are your salary expectations as an entrepreneur?
[10:06] Natalie encourages entrepreneurs to consider the cost of pushing for a six figure salary during the beginning stages of their business.
[13:07] When you hear other’s success stories, are you getting the whole story?
[13:59] The profit formula will give a more complete picture of a successful business.
[14:48] What underlying business costs are you not aware of?
[16:02] It may appear that profitable entrepreneurs are making things happen on their own.
[20:15] What is the likelihood that you will replicate someone else’s success by following their suggested course of action?
[22:11] Pay attention to bottom line numbers and top line numbers.
[25:24] Consider how many businesses the entrepreneur you are following may have already launched prior to you ever finding them.
[26:29] How can you verify that someone is telling you the truth about their business?
[28:04] Natalie shares an online course case study published by previous Biz Chix Podcast guest Val Geisler. Val openly shares the numbers behind her recent launches.
[34:48] How to manage your expectations for your business.
Mentioned in this Episode:
John Lee Dumas: Podcasters’ Paradise
Claire Pelletreau: Get Paid podcast
Episode 148: Systems Expert Val Geisler of Aspire & Grow
The Real Truth Behind Most Course Launches by Val Geisler
Work with Natalie
If you are struggling in your business and don’t know what to focus on or if you have a business or new product idea and just want someone else to bounce the idea off of, I would love for you to book a 90 minute strategy session with me.
There is no long term commitment and it is the most affordable way to work with me. I do these with entrepreneurs at all stages and have also been working with podcasters who want to align their podcast to their business or find a way to monetize their podcast.
This content originally published on BizChix.com.
Transcript
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| 0:00.0 | This episode is brought to you by my strategy sessions. They are my favorite way to work with new clients. |
| 0:05.7 | We spend 90 minutes together on a video call and cover three big topics in your business that you need help with. |
| 0:12.8 | You will leave with clarity, focus, new ideas, and an action plan. Go to bizchicks.com and click on the |
| 0:20.3 | Work With Me tab to learn more. That's B-I-Z-C-H-I-X.com. |
| 0:24.8 | Click Work with me. |
| 0:28.0 | She's busy juggling her own internet business. A tween. Whatever. A toddler. An infant. |
| 0:35.8 | A labradoodle. And her husband. What's for dinner, sweetie? In her spare time, |
| 0:41.1 | she talks to successful female entrepreneurs and a few cool dudes about their journey and how they |
| 0:46.9 | make it all work. Welcome to the Biz Chicks podcast with your host, entrepreneur, MBA, and mom. |
| 0:54.7 | Natalie Eggdal. |
| 0:56.3 | Hey, biz chicks. |
| 0:57.6 | Thank you so much for the feedback you're giving me regarding this small biz reality series. |
| 1:02.7 | It has been a mix of on-air coaching calls where you get to listen in while I coach clients |
| 1:07.1 | and calls where I get coached as well. |
| 1:10.0 | And then episodes like this, which are solo episodes |
| 1:12.3 | where I get to get real with you about things that I see that are impacting you as an entrepreneur, |
| 1:18.3 | things going on in the online world, things that may be misconceptions that you may have in your |
| 1:25.1 | own head or about your business or misconceptions about what you're |
| 1:28.9 | seeing out there on the interweb. So I'm really thrilled to have this opportunity. And thank you |
| 1:35.4 | for the emails. I read every single email you send me, the tweets and posts on Instagram and |
| 1:42.5 | posts on Facebook and in our private Facebook group, it just really |
| 1:46.2 | means a lot to me to be encouraged by you and to know that the work I'm doing here is impacting |
... |
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