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The Mind Your Business Podcast

Episode 817: #BizTipFriday Edition: Breaking Down The Beta Offer (Your First Online Offer: Where to Start)

The Mind Your Business Podcast

James Wedmore

Business, Management, Entrepreneurship

4.91.8K Ratings

🗓️ 24 April 2026

⏱️ 37 minutes

🧾️ Download transcript

Summary

How long have you been "thinking" about that new offer, and how many months have you spent perfecting a product that hasn't made a single dime yet? In this #BizTipFriday Edition of the podcast, I'm breaking down the "Monetize Before You Make It" process that will help you determine if you have an actual business and a scalable offer, or if it's just a really expensive hobby. 

In this episode, you'll learn about the exact 3-phase framework we use to validate, sell, and get paid for an offer before you even build it.

Stop flipping niches like Pokémon cards and start building the most coveted asset in your business!  It's time to move past the stories and excuses and let the market give you the truth! 

Ready to stop thinking like a marketer and start operating like a true business owner? We're kicking off a powerful, brand-new experience on June 11th called the Business Breakthrough Experience. This is specifically designed to help you audit your strategy, find your unique human edge, and cause that next quantum leap in your results. Head over to www.businessbydesign.net right now to get on the priority list and save your seat!

Want to go even deeper? Come hang out with me for a free Breakthrough Coaching session! I'll be sharing the exact exercises and audits you can use to coach yourself, and I'll even be bringing people on live to work through their biggest bottlenecks in real time. It's totally free to join, just head over to www.jameswedmore.com/breakthrough to check the session times and register to save your spot!

Snap a screenshot of the episode playing on your device, post it to your Instagram Stories and tag us, @jameswedmore and @jenniwedmore. We'd love to hear what resonated with you the most from this episode and especially what you want covered in future ones! 

In this episode you'll hear: 

  • Why your email list is so much more than just a collection of names and how it serves as the ultimate foundation for authority and growth

  • The road to your first 100 leads and the reason most people argue for their limitations instead of following a simple lead-gen roadmap

  • How begin focusing on one specific promise for one specific person that solves one specific problem

  • The benefits of using targeted content to build a hungry audience and the mechanical process of moving them onto a dedicated waitlist

  • Which specific skills are needed to move people from "curious" to "excited" 

  • The simple 48-hour sequence that removes the guesswork and tells you exactly if your idea is ready to scale

  • What to do if your Beta doesn't fill and how to determine if people don't want the result or if you just packaged it the wrong way

  • The "Beta Max Strategy" and a first look at the newest process for refilling your waitlist and creating a repeatable system for new waves of students

For full show notes and links, visit: www.mindyourbusinesspodcast.com/blog/817 

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to the Mind Your Business podcast, BizTip Friday edition.

0:05.1

Today, I'm sharing with you the fastest way possible to know if you have an idea that will sell.

0:14.5

So, let's get into it.

0:20.4

Hi, I'm James Wedmore, and with 17 years online, I've built my business to over $12 million in sales per year.

0:29.7

And this is the first non-business business podcast that shows you how to apply the principles of spirituality, energy, and mindset to grow your

0:39.3

business beyond your wildest dreams, all from the inside out.

0:44.9

This is the Mind Your Business podcast.

0:50.3

What's up, friends? James Woodmore here.

0:52.2

Thank you so much for tuning to a Friday episode here on the Mind Your Business Podcast. Our Friday editions, we like to call BizTip Friday. We like to give you business tips on a Friday. That's my clever naming strategy. Yeah, pretty impressive. I know. I bet you couldn't come up with creative ideas like that. Maybe you can. Maybe that's what

1:14.1

today's episode is all about. How to come up with great ideas and see if they really are great.

1:19.7

This is all about breaking down the beta, the fastest way to know if your ideal will sell

1:25.2

and how to get paid to launch your very first or next digital

1:31.3

offer. I love this conversation. I love this strategy because it, it squashes a question I've heard

1:39.9

since I entered this industry 19 years ago. A question that is so pervasive and so painful to hear

1:47.0

that I don't think there's any other answer to that question

1:51.3

than this answer that I'm going to give in this episode.

1:54.3

That question, my friends,

1:56.4

is that question of desperation when someone grabs the mic at an event

2:00.8

and says,

2:01.1

how do you know when it's time to give up on an idea?

2:06.6

How do you know when it's time to throw in the towel on something?

2:10.0

Oh, it's painful.

...

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