583. The secret I used to go from being $50k in debt to generating over $10M in revenue
The Product Boss Podcast
Jacqueline Snyder
4.8 • 912 Ratings
🗓️ 6 May 2024
⏱️ 32 minutes
🧾️ Download transcript
Summary
Life and business are unpredictable. We often base our expectations of the future on past experiences, which can limit our perspective and hinder our progress. Today, we'll explore the critical shifts in mindset necessary to overcome these barriers. Learn from the journey of a fellow entrepreneur who transformed her consulting firm from a stagnant half-million-dollar business into a thriving multi-million dollar empire.
Discover how challenging financial fears and investing in strategic growth can not only change your trajectory but also provide you with invaluable lessons on leadership and resilience. We'll share these insights to help you break through your own growth barriers. Whether you're struggling with self-doubt, financial constraints, or the daunting task of scaling your business, today's discussion will equip you with the tools and mindset shifts needed to step into your potential and achieve remarkable growth.
Join us as we unpack the three pillars that can help you move beyond historical constraints and embrace the opportunities that await in the unpredictable journey of entrepreneurship.
Resources:
- Are you a product boss navigating the challenging waters of scaling your business from six to seven figures? Feel like you're building a castle on top of shaky foundations? You're not alone. In our Inner Circle Mastermind, you'll find the strategic support and community you need to solidify your business's foundation and keep scaling smoothly. This is your chance to connect with like-minded entrepreneurs who understand your journey and challenges. We're currently accepting applications for a limited time. Don’t miss out—once spots are filled, you’ll have to wait for the next cohort. Applying is quick and easy, taking just about five minutes here. We're excited to review your application and hopefully welcome you into our thriving community!
Connect:
- Website: theproductboss.com
- Instagram: @theproductboss
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Transcript
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| 0:00.0 | And I had to get comfortable with, I'm going to have to make a big investment that I'm uncomfortable with, |
| 0:05.0 | but then that will then push me to expand to figure out how to make that money, how to make it back. I still do that to this day. |
| 0:19.0 | Hi, I'm Jacqueline Snyder and this is the Product Boss Podcast. I've helped launch and grow thousands of product-based businesses, even one of my own. |
| 0:28.6 | And over the last 20 years I've seen behind the scenes of businesses just like yours. |
| 0:34.0 | Whether they are makers, manufacturers, artists, or food and beverage businesses, |
| 0:38.0 | I have spent so many hours studying it all. |
| 0:42.0 | I've discovered what makes them successful. What are mistakes |
| 0:44.9 | they could avoid? How did they turn an idea into successful business and what |
| 0:49.6 | are strategies they have used to make more sales and be discovered by more customers. |
| 0:55.1 | This is what this show is all about. |
| 0:57.6 | Whether you're just starting out or you're looking to become a million dollar product |
| 1:00.7 | boss, I'm here to give you the permission to chase your dreams, no |
| 1:04.7 | matter how big or small. All you need is the right mindset, a little courage, |
| 1:09.4 | strategy, and support, and you too can be the next million dollar product boss. Let's do this. |
| 1:19.2 | Hey hey product bosses and welcome back to another episode. All right, so oftentimes I get asked about how I grew a multi-million dollar business in my 40s. |
| 1:30.4 | And I say that because I think a lot of times when I think through the journey that I was on and the things that I thought were going to happen in my life and my business. |
| 1:40.0 | I did the thing where I got married, I had kids, I had the business that I had which was my |
| 1:44.2 | consulting company where I helped over 2,000 fashion startup brands you know I had |
| 1:48.6 | launched one of my own I had clothes one of my own product businesses and you know I was 37 years old and thinking okay that's it like I've got my two |
| 1:56.9 | kids I've got my career I've got my business this is what it looks like and then you know the |
| 2:01.8 | origin story is when I met Meena, who I co-founded the product boss with. |
| 2:07.0 | Many of you know her, many you have heard episodes of the two of us, and you also know if we skip forward about six years that I ended up buying the business from |
... |
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