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The Product Boss Podcast

569. Should You Stay in a Plateau or Push for More Growth?

The Product Boss Podcast

Jacqueline Snyder

Marketing, Entrepreneurship, Business

4.8912 Ratings

🗓️ 18 March 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

Plateaus in product-based business can be good or bad, depending on different factors. In this episode, we talk about why it's important to do an honest assessment of your business to figure out if you’re in a much-needed plateau or if you should be pushing for more growth immediately.

Not every year is meant to have massive quantum leaps in growth– no matter how much we’d love if that was the case! Some years are meant for stabilization. After all, the foundation of your product-business can actually crack and start to fail if you grow too quickly in a short period of time. Sometimes you need to shift from growth mode to maintenance mode and re-assessing your systems and operations to ensure your business is ready to successfully grow to that next level.

Tune into this episode to learn how to figure out the difference between good plateaus vs. bad plateaus. Understanding them can make all the difference in achieving the lifestyle you’ve envisioned for yourself and taking your business to that next revenue level!

Resources:

  • If you’ve hit the six-figure or multiple six to seven figure mark in your product-based business, I invite you to apply to my Inner Circle Mastermind. Not only will you be able to work closely with me, you’ll get input and support from other business owners who know exactly the challenges you face. We have a handful of spots open for the spring cohort so submit your application to the Inner Circle Mastermind today.
  • Struggling to create content for your business? Don’t know what to say or how to even make time to say it? We’ve got what you need: Sign up now for A Year of Content. We’re going to teach you how to make awesome content that brings in new customers and yes, is even fun to create. Sign up today and get our A Year of Content training package valued at $829 for only $37!


Connect:


Mentioned in this episode:

DTC Pod

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DTC Podcast

HubSpot

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HubSpot 2024

Transcript

Click on a timestamp to play from that location

0:00.0

you may have to force a plateau to stabilize so that when you do have these massive amounts of,

0:08.0

you know, sales come in or something amazing and magical happens in your business,

0:11.6

you are prepared.

0:12.8

Hi, I'm Jacqueline Snyder, and this is the Product Boss Podcast.

0:21.6

I've helped launch and grow thousands of product-based

0:24.4

businesses, even one of my own. And over the last 20 years I've seen behind the

0:29.3

scenes of businesses just like yours. Whether they are makers, manufacturers, artists, or food and

0:35.0

beverage businesses, I have spent so many hours studying it all. I've discovered what

0:40.5

makes them successful. What are mistakes they could avoid?

0:44.3

How did they turn an idea into successful business?

0:47.0

And what are strategies they have used

0:49.2

to make more sales and be discovered by more customers? This is what this show is all about.

0:55.0

Whether you're just starting out or you're looking to become a million dollar product boss,

0:59.0

I'm here to give you the permission to chase your dreams,

1:02.0

no matter how big or small.

1:04.6

All you need is the right mindset,

1:06.5

a little courage, strategy, and support.

1:09.3

And you, too, can be the next million dollar product boss. Let's do this.

1:14.8

Hey product boss, when you're first starting a business, you want to ensure you have the

1:18.7

correct systems in place and what better system to have than a CRM that scales right along with you.

1:24.0

That's exactly what HubSpot does.

1:26.0

From marketing and sales to support and content and everything in between,

...

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