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Earn Your Happy

4 Ways to Gain Momentum When Your Business Feels Stagnant

Earn Your Happy

Lori Harder

Entrepreneurship, Business

4.82.8K Ratings

🗓️ 27 August 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

When times get tough, it’s more important than ever to stay ahead of the curve. In this episode, Chris and I share four strategies to keep your business from becoming stagnant. I just got back from a mastermind with some of my girlfriends and it's always a reminder of how much we need feedback from other trusted peers in business. Listen in for tips from the benefits of studying and learning from your competitors to how to find the right mentor for your current stage of business.  Check out our Sponsors: Quince - Go to Quince.com/earn for free shipping on your order and 365-day returns. BetterHelp - Get 10% off your first month at BetterHelp.com/LORI today. HelloFresh - Get FREE breakfast for life at HelloFresh.com/freeearn. Found - Try Found for free at Found.com/EARN. HIGHLIGHTS 4 ways to keep your business from going stagnant. The peer group you need to bounce ideas off of as an entrepreneur. Ways to gather customer feedback to improve your products and services. One thing you should do with your competitors. The benefits of hiring a business mentor. RESOURCES Text DINNER to 310-421-0416 to get on the early VIP access list for the final Dinner Series event of 2024 in Laguna Beach. Get glōci HERE Use code: HAPPY at checkout for 25% off! Text DAILY to 310-496-8363 for daily manifesting affirmations, journal prompts, and motivation. Sign up for GrowthDay - https://www.growthday.com/lori?via=harder Watch on YouTube - @LoriHarder My book: A Tribe Called Bliss FOLLOW Follow me: @loriharder Follow Chris: @chriswharder Follow Earn Your Happy: @earnyourhappy Follow glōci: @getgloci Girlfriends & Business: @girlfriendsandbusiness

Transcript

Click on a timestamp to play from that location

0:00.0

The answers are all there. We just have to go out to our competitors and learn from them.

0:06.3

If you're launching a course, go take popular courses. If you want to figure out how to make your event better or to how to monetize it more,

0:15.0

go to an event where you know they're monetizing it.

0:18.0

You go and you be an observer in your competitor's markets.

0:24.0

And we're back.

0:30.0

And we're back.

0:31.0

With another episode of He Said She Said.

0:33.0

All right, babe, you just got back from, you can call it a mastermind, call it a peer group, whatever you want to call it.

0:38.4

I'll let you call it what you call it.

0:40.4

But you in the same, I think it's five women that do this a couple times a year and you guys all talked about each other's products now and what you guys are kind of forming and launching for next year.

0:50.0

I want to shed some light on that?

0:51.0

Yeah, we kind of got together. We weren't calling it a

0:53.8

mastermind at first, but that's what we did. This is the third time now and we just do

0:57.8

something called hot seats. So we get together for two days, sometimes three, but definitely two to get through everyone because there are seven of us.

1:05.2

And everybody gets like 45 minutes to an hour to talk about what's working in their business, what's not.

1:12.1

And so, you know, everybody pretty much has gone through like, hey,

1:16.1

here's what I have right now or here's the program, here's how I feel about it. I feel

1:20.6

like, you know, it might need some work, I feel like I want to grow it.

1:24.1

And what happens is everybody shares their insights on what's working for them

1:28.0

and what's not and what they've heard.

1:29.7

So it's like a collective group of people who are already doing all the work and doing a lot of research

1:34.8

and it's kind of like you bring all of that data because you know some people are in other

...

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