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Powerhouse Women

Monetize Your Big Idea: Start Before You're "Ready"

Powerhouse Women

Lindsey Schwartz

Entrepreneurship, Business, Education, Self-improvement

4.9912 Ratings

🗓️ 15 August 2023

⏱️ 18 minutes

🧾️ Download transcript

Summary

We're going back to basics! In this episode, I guide you through practical steps for monetizing your big idea so you can launch your business TODAY. I explore how to master foundational skills for lasting success, define your problem-solving offer, and effectively deliver your message to your audience. Plus, I address common pitfalls early entrepreneurs face, the importance of being a perpetual learner, and the power of community. Embrace imperfection as a catalyst for growth and embark on your entrepreneurial journey before you miss your chance to serve those who need you! 

 

In this episode we talk about:

- (1:45) Mastering the simple yet essential skills 

- (7:06) Defining your problem-solving offer and how to deliver it effectively for your target audience

- (9:09) The areas where I see most early-stage entrepreneurs trip up  

- (19:09) The importance of surrounding yourself with intentional & motivational communities 

 

Resources:

- Join the Six Figure School waitlist

 

If you loved today's episode, please share your favorite takeaways or your own systems and processes by screenshotting this episode and tagging us on Instagram!

 

Click HERE to text the word MENTOR to (602) 536-7829 for weekly business + mindset tips delivered straight to your phone!

 

Not part of the Girl Gang Community yet? Join HERE: Girl Gang Membership

 

CONNECT WITH POWERHOUSE WOMEN

Follow Powerhouse Women: @powerhouse_women

Follow Lindsey: @llindseyschwartz

Follow Hannah: @hannahmwells

Visit the Powerhouse Women website: powerhousewomen.co

Join the PW Community Facebook Group: facebook.com/groups/powerhousewomencommunity

Transcript

Click on a timestamp to play from that location

0:00.0

You just need an offer.

0:02.0

Start with the question of what's the problem that you ultimately want to solve?

0:06.0

Like, why are you going into business in the first place?

0:09.0

A problem that you solve for money, for a profit, is what constitutes a business.

0:17.0

Welcome to Powerhouse Women, the podcast for women who know they are ready for more.

0:24.6

I'm Lindsay Schwartz, your host and the founder of Powerhouse Women,

0:28.6

and together we'll unlock the confidence and clarity you are looking for

0:33.6

to help you get out of your own way and into action around your next big idea.

0:44.4

Today we're going to start a brand new little mini series. I love to do these series of

0:49.9

episodes for you guys because there's often so many things I want to cover, but I want to do it

0:55.3

in a way that is digestible and gives you just enough to go take action, come back the next week,

1:01.4

we'll keep going. And this series is all about how to monetize your big idea in a bigger way.

1:08.9

I want to break this down because we are going to be heading into a really

1:13.5

exciting season within Powerhouse Women. We have our event coming up so soon. We open the doors

1:19.6

for our 12-week mentorship program called Six-Figure School. And as part of that, I'm going to be

1:25.1

doing a really, really cool free training called Monetize

1:29.1

Your Big Idea. But there's always so much more that I wish I could cover in these trainings.

1:33.8

And they are completely for free. Even if you have no interest in the six-figure school program,

1:39.4

you will get so much value out of the free stuff. And these episodes are going to supplement that.

1:46.0

So I'm excited to dive in, especially to some of the more mindset nuances, because when it comes

1:51.5

to monetizing your big idea, one of the things that we cover in the free training, it really is

1:56.8

when I look at all of the entrepreneurs I've mentored, all of the people I've met in masterminds,

...

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