How This Mom Of Two Sells $130k Per Month Doing What She Loves
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 793 Ratings
🗓️ 16 April 2018
⏱️ 41 minutes
🧾️ Download transcript
Summary
This week we chatted with Madhavi Gupta, who’s made a 9-figure business, Best Nest Wellness, out of doing what she loves.
Guest Information
Facebook: https://www.facebook.com/lovemadebest
Twitter: https://twitter.com/lovemadebest
Website: https://www.bestnestwellness.com/
Email: [email protected]
Show Notes
From working as a neurologist to business success in supplements (while raising two kids), Madhavi had an incredible entrepreneurial journey. We wanted to share some advice we learned from Madhavi that you can take action on right now.
Become part of communities. Madhavi sells supplements. That’s a really hard field to break out into, since you need regular, habitual consumers and must differentiate your product from those offered by the established big brands.
By forming genuine relationships with communities of people focused on wellness, Madhavi was able to get a sense of their needs, and improve the design and marketing of products towards her target audience.
Get the word out. Nobody will buy your stuff if they don’t know you exist! Madhavi started by focusing on marketing two products to those communities she connected to, including groups for expectant mothers interested in a “natural” birth.
She spread the word out about her products through them, as well as offered heavy discounts on the products. Since her products were of really high quality, they sold quickly in those communities she had connected to, who evangelized her products to their social circles.
Focus on why you are an entrepreneur. Madhavi is able to spend a good deal of quality time with her children, as her business gives her flexibility with her schedule. Being an entrepreneur lets her provide for and be with her family.
While she is working to scale the business and dreams of great things for Best Nest Wellness, she has kept her goal in mind all this time: to be there for those who matter the most to her.
We hope you enjoyed hearing about Madhavi’s experience as an entrepreneur!
Key takeaways:
- Become part of communities
- Get the word out, and
- Focus on why you are an entrepreneur
Connect with Madhavi
Learn more about Best Nest Wellness at https://www.bestnestwellness.com/.
Connect with Ryan
Find more amazing podcast discussions on FreedomFastLane.com.
Transcript
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| 0:00.0 | We have to put our work through the needs of our family. |
| 0:06.4 | So we're not working like eight to five or nine to five or such. |
| 0:10.7 | We have to have that flexibility. |
| 0:13.6 | We put our family first. |
| 0:15.3 | We put our business first too, but the two have to meld together very well. |
| 0:25.1 | You're listening to Freedom Fastlane presented by Capitalism.com. |
| 0:29.5 | This is the show about building businesses and investing the profits so that you can live |
| 0:34.7 | life on your terms. |
| 0:37.3 | And now your host, the future owner of the Cleveland Indians, Ryan Daniel Moran. |
| 0:49.1 | What's up, Fastlainers? |
| 0:50.7 | Ryan Dangerous Moran here. |
| 0:52.7 | And there's two things that you should know about this |
| 0:56.1 | podcast before we jump in. One, this is an interview that I have been wanting to do for a long time |
| 1:03.1 | because it's with one of our, really our first students when we started teaching the physical products model and the whole idea |
| 1:14.5 | of releasing three to five products getting reviews getting that first hundred k and the student's |
| 1:20.7 | name is modavi gupta and modavi was on those public youtube calls that i did back in 2000 something or other. |
| 1:28.4 | And it feels like a lifetime ago. |
| 1:30.7 | And Monavi just played full out and she got to that 100K level. |
| 1:35.1 | And then we sort of fell out of touch. |
| 1:37.9 | We didn't communicate as intimately once we stopped doing those calls. |
| 1:42.0 | And then she joined the back room to be able to grow from that |
| 1:46.7 | first million to, you know, closer to five or ten million. And that's the first thing you should |
... |
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