497. Overcoming the Fear: Making Smart Investments in Your Business
The Product Boss with Jacqueline Snyder
Jacqueline Snyder
4.8 • 961 Ratings
🗓️ 7 August 2023
⏱️ 38 minutes
🧾️ Download transcript
Summary
Today, we want to address a challenge many of you face - overcoming the fear of making investments in your business. This issue isn't foreign to us either; we've been there and understand how it feels.
Here's the reality: investing in your business, whether it's in team, equipment, or space, is essential for growth. But the aspect that most often falls through the cracks is investing in your own education, coaching, courses, or programs. This might be because of unfamiliarity or simple fear.
Looking back, we remember feeling scared the first time we joined a mastermind for $2,500 a month. It was a substantial leap of faith for us. We were a decade into our business, but something wasn't working. Frustration was mounting, and so was our debt. We knew something had to change. We weren't about to shut down, but we needed to invest to save our business, our minds, and our mindsets. And despite the initial fear, it was worth it. The returns we received from that investment shaped our approach to investing in ourselves and our business.
And remember, sometimes, the investment you're most scared to make is the one that can save your business.
Resources:
- Are you ready to transform your business? Join the Get More Eyes On Your Business free live 3-day bootcamp to get in front of your customers ahead of the busiest time of year!
Connect:
- Website: theproductboss.com
- Instagram: @theproductboss
Transcript
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| 0:00.0 | So we are learning to be entrepreneurs. We are learning to be business leaders. We are learning to be bosses. We are learning to be parents that blend both |
| 0:09.0 | running businesses and trying to be very you know parents that are involved in our kids' lives, most likely, right? |
| 0:15.2 | We're blending partnerships. |
| 0:16.6 | We're blending so many different things. |
| 0:18.7 | But who is teaching us? |
| 0:19.8 | We're kind of learning as we go. |
| 0:27.0 | Welcome to the Product Boss Podcast where we're dedicated to helping product-based business owners |
| 0:30.0 | turn into revenue generating successful happy product classes. |
| 0:33.8 | I'm Jacqueline Snyder. |
| 0:35.0 | And I'm Meena Kunlo Sita. |
| 0:37.3 | Together through digital courses, coaching, and masterminds, |
| 0:40.7 | we've helped over 50,000 students from startup to multi-million dollar businesses |
| 0:45.8 | scale their sales while blending in their dream life. |
| 0:49.8 | If it gets lonely out there in the product business world. We fully believe a business shouldn't be built alone |
| 0:55.4 | There's room at the top for all of us. So let's get scrappy and creative together product boss to be profitable make more sales and grow your visibility. |
| 1:05.8 | Are you ready? Let's dive in. |
| 1:10.5 | Hey there product boss are you squeezing in those last days of summer? |
| 1:15.0 | This is the perfect time to get outside, soak up some amazing sunshine, and spend some quality |
| 1:19.3 | time with our kids, our friends, family, and pets before the hustle and bustle of fall. |
| 1:24.0 | Now you may agree that summer is such a unique season. |
| 1:28.0 | It gives us, particularly those who own product-based businesses, |
| 1:31.0 | the chance to slow down a bit before the holiday season |
... |
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