222: The 6 Lies of Six Figure Launches

The BizChix Podcast: Female Entrepreneurs | Women Small Business | Biz Chix - A podcast by Natalie Eckdahl, MBA

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Have you ever wondered why you can’t seem to replicate someone else’s success when launching your own business? Join host Natalie Eckdahl as she shares the six lies of six figure launches and how you can have the right set of expectations for your small business. Key Takeaways: [5:35] Natalie shares personal insights regarding the emails in your inbox that claim you can replicate someone else’s success. [9:25] What are your salary expectations as an entrepreneur? [10:06] Natalie encourages entrepreneurs to consider the cost of pushing for a six figure salary during the beginning stages of their business. [13:07] When you hear other’s success stories, are you getting the whole story? [13:59] The profit formula will give a more complete picture of a successful business. [14:48] What underlying business costs are you not aware of? [16:02] It may appear that profitable entrepreneurs are making things happen on their own. [20:15] What is the likelihood that you will replicate someone else’s success by following their suggested course of action? [22:11] Pay attention to bottom line numbers and top line numbers. [25:24] Consider how many businesses the entrepreneur you are following may have already launched prior to you ever finding them. [26:29] How can you verify that someone is telling you the truth about their business? [28:04] Natalie shares an online course case study published by previous Biz Chix Podcast guest Val Geisler. Val openly shares the numbers behind her recent launches. [34:48] How to manage your expectations for your business.   Mentioned in this Episode: John Lee Dumas: Podcasters’ Paradise Claire Pelletreau: Get Paid podcast Episode 148: Systems Expert Val Geisler of Aspire & Grow The Real Truth Behind Most Course Launches by Val Geisler Unroll.me   Work with Natalie If you are struggling in your business and don’t know what to focus on or if you have a business or new product idea and just want someone else to bounce the idea off of, I would love for you to book a 90 minute strategy session with me. There is no long term commitment and it is the most affordable way to work with me.  I do these with entrepreneurs at all stages and have also been working with podcasters who want to align their podcast to their business or find a way to monetize their podcast. This content originally published on BizChix.com.