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The Product Boss with Jacqueline Snyder

498. How to Make More Money Without Creating New Products

The Product Boss with Jacqueline Snyder

Jacqueline Snyder

Marketing, Entrepreneurship, Business

4.8961 Ratings

🗓️ 10 August 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

Hey Product Boss, it's time to open your eyes to the real strategy behind revenue growth! We’re here to help you get more visibility for your business and keep more money in your pocket. But most importantly, we want to debunk a common misconception in the business world — that more products = more money.

We know how tempting it is to think that developing new products will magically increase your revenue. It's a common mantra: more products, more money. But wait! Before you jump into product development, we're here to give a resounding “no, no, no.”

Why? Because every new product that you add comes with costs like research and development, design development, time, and even mistakes. We often overlook these expenses, thinking that the new product equals more money. But in reality, it might just do the opposite.

Join us as we look at all the different ways your business can make more money without creating new products. Let's break down the walls of this myth and lead you towards an effective and profitable business strategy!

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Transcript

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0:00.0

do not go and make more and more products.

0:02.0

We say don't throw spaghetti at the wall.

0:04.0

It's not about making new products.

0:06.0

It's about leaning into the products that are already selling, right?

0:09.0

Welcome to the Product Boss podcast where we're dedicated to helping

0:16.5

product-based business owners turn into revenue-generating successful

0:19.9

happy product bosses. I'm Jacqueline Snyder and I'm

0:23.4

Meena Kuno Sita. Together through digital courses, coaching and

0:27.6

masterminds we've helped over 50,000 students from startup to

0:31.7

multimillion dollar businesses scale their

0:34.6

sales while blending in their dream life. If it gets lonely out there in the

0:39.6

product business world we fully believe a business shouldn't be built alone.

0:43.6

There's room at the top for all of us.

0:46.5

So let's get scrappy and creative together,

0:48.9

product boss.

0:49.9

To be profitable, make more sales, and grow your visibility.

0:53.9

Are you ready?

0:54.8

Let's dive in.

0:55.4

Hey there, Product Boss.

0:59.9

Are you squeezing in those last days of summer? This is the perfect time to get

1:03.8

outside, soak up some amazing sunshine and spend some quality time with our

1:07.6

kids, our friends, family, and pets before the hustle and bustle of fall. Now you may agree that summer is such a unique season.

...

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