DIFFERENT TYPES OF SALES FUNNELS

DIFFERENT TYPES OF SALES FUNNELS

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DIFFERENT TYPES OF SALES FUNNELS

DIFFERENT TYPES OF SALES FUNNELS

A sales funnel is the journey a potential client takes from initial awareness to making a purchase. The core principles of sales funnels stay the same, the strategies can be different across different platforms. In this podcast, we’ll discuss different examples of sales funnels across platforms like podcasting, social media, speaking engagements, networking, and more. We’ll also discuss the importance of lead magnets and nurturing leads to eventually sell a product or service.

Podcasting Sales Funnel:

Podcasting has become a popular platform for building an engaged audience and driving sales. Different people like to consume content in different ways and podcasting has become a fan favorite. For me, it’s the ability to mulit-task. I can listen to a podcast while cleaning my house or working out. It’s a win-win in my book.

Here’s an example of how a podcasting sales funnel might work:

Attract with Valuable Content: The podcast host creates an informative and valuable episode that interests their ideal client and addresses pain points.  This positions the host as an authority in their niche.

Lead Magnet Offer: To capture leads, the podcast host offers a free resource related to the podcast content, such as a downloadable eBook, checklist, or exclusive access to bonus episodes. Listeners are encouraged to opt in to the host’s email list in exchange for the lead magnet. The link is added to the show notes both on the podcast platform and on their website.

Nurture Through Email Sequences: Once a listener opts in, they enter an email nurturing sequence where they receive additional valuable content related to the podcast theme. The host builds the know, like, and trust factor with subscribers by providing consistent value and engaging with them through emails.

Product Promotion: As the relationship with subscribers deepens, the host introduces relevant products or services through email promotions. These products could be their own offerings, affiliate products, or sponsorships aligned with the podcast’s theme.

Conversion: Subscribers who have been nurtured and engaged are more likely to convert into customers when presented with offers that resonate with their needs and interests. There are several ways to track conversions, but the easiest way is to create different segments or tags using your email marketing software.

Post-Sale Engagement: After making a purchase, customers continue to receive value through exclusive content, special offers, or invitations to events. This post-sale engagement helps continue the trust and build relationships. This encourages repeat purchases or referrals.

Social Media Sales Funnel:

Social media platforms offer opportunity for reaching and engaging with a wide audience. There are many different platforms available so find the one that you are most comfortable using.

Here’s an example of a social media sales funnel:

Awareness through Engaging Content: A business creates engaging content such as posts, videos, and stories on social media platforms like Instagram, Facebook, or LinkedIn. This content showcases the brand’s personality, values, and offerings, attracting followers and generating awareness.

Lead Magnet Offer: To capture leads from social media, the business offers a free resource or incentive, such as a downloadable guide, webinar, or discount code, in exchange for users’ email addresses or contact information. This can be done by having your audience DM you, click on your profile, leave a comment showing interest, or include a link to your post or story.  

Nurture with Targeted Ads and Free Content: The business uses targeted ads and personalized free content to nurture leads on social media platforms. Retargeting ads based on user behavior and interests help keep the brand top of mind and drive engagement with the lead magnet offer.

Product Promotion: Once leads are warmed up, the business promotes its products or services through social media posts, stories, and live streams. Highlighting customer testimonials, case studies, and user-generated content can build credibility and trust.

Conversion: Social media followers who have engaged with the brand and shown interest in its offerings are more likely to convert into customers.

Post-Sale Engagement: After making a purchase, customers are encouraged to follow the brand on social media to stay updated on new products, promotions, and valuable content. Social media platforms serve as a channel for ongoing engagement and customer support.

Speaking Engagements Sales Funnel:

Speaking engagements provide an opportunity to connect with an audience in person or virtually. It is amazing when you are paid to speak, however if you are just starting out often the payment comes in the form of exposure. However, don’t walk away without getting email addresses if possible. Here’s an example of a sales funnel leveraging speaking engagements:

 

Engage Audience with a Valuable Presentation: A speaker delivers an informative presentation at a conference, seminar, or webinar, showcasing their expertise and addressing the audience’s pain points or interests.

 

Lead Capture during Presentation: During the talk, the speaker offers a lead magnet or incentive related to the presentation topic, such as a downloadable slide deck, whitepaper, or free consultation. This can be done by creating a link or a QR code that is displayed in the presentation. Attendees are encouraged to provide their contact information to receive the resource.

 

Follow-Up with Additional Value: After the event, the speaker follows up with attendees via email, providing more value related to the presentation topic. This could include extra resources, exclusive content, or invitations to join a community or webinar series.

 

Product Offering: As the relationship with attendees progresses, the speaker introduces relevant products or services aligned with the presentation topic. This could be a course, coaching program, consulting services, or books authored by the speaker.

 

Conversion: Attendees who have engaged with the speaker’s follow-up emails and shown interest in their offerings are more likely to convert into customers.

Post-Sale Engagement: After attendees become customers, the speaker continues to provide value through follow-up emails, exclusive content, or invitations to future speaking engagements. This post-sale engagement strengthens the customer relationship and encourages repeat business or referrals.

Networking Sales Funnel:

Networking provides valuable opportunities to build relationships and generate leads organically. Many business owners depend solely on social media to market, however they are neglecting a very important funnel opportunity and that is in-person networking. Here’s an example of a networking sales funnel:

Build Connections at Events: A business owner attends industry conferences, networking events, or meetups and connects with peers, potential clients, and collaborations. They engage in conversations and exchange contact information with individuals who express interest in their products or services.

Offer Value through Follow-Up: After the event, the business owner follows up with new connections via email, offering value and continuing the conversation. They may share relevant resources, insights, or invitations to upcoming events or webinars.

Personalized Outreach: As the relationship develops, the business owner engages in personalized outreach specific to the needs and interests of the  new connection. They offer solutions to challenges discussed during the initial conversation and position themselves as a trusted advisor.

Product Presentation: Once a trusted relationship is established, the business owner presents their products or services as solutions to the connection’s pain points or challenges. They showcase case studies, testimonials, or demonstrations to illustrate the value proposition.

Conversion: Contacts who express interest in the business owner’s offerings are guided through the sales process, this could mean scheduling a consultation, signing up for a trial, or making a purchase.

Post-Sale Engagement: After making a purchase, clients continue to receive support and value from the business owner through ongoing communication, recommendations, and opportunities for additional products or services.

 

Lead Magnets and Nurturing:

In all the examples above, lead magnets play a crucial role in attracting possible clients and getting their contact information. A lead magnet is a valuable resource that you need to get potential clients in your sales funnels.  Once leads are captured, nurturing them through communication is essential for building the know, like, and trust factor.. Nurturing involves providing consistent value through email sequences, social media interactions, or personalized outreach. By delivering relevant content, addressing potential clients needs, and maintaining consistent communication, businesses can move them through the sales funnel effectively.

Sales funnels come in many different shapes and forms in various platforms and channels, each with a unique strategy.  Whether it’s through podcasting, social media, speaking engagements, networking, or other platforms, the goal remains the same: attract, engage, nurture, and convert leads into clients.

If you are ready to start building funnels that convert check out my Email Funnels course. In this course I teach business owners how to build funnels that convert followers into clients.

I hope you enjoyed this episode. If you found it helpful I would love you to leave a 5 star review and share with your friends. You are the best! Until next time! 

Build Connections at Events: A business owner attends industry conferences, networking events, or meetups and connects with peers, potential clients, and collaborations. They engage in conversations and exchange contact information with individuals who express interest in their products or services.

Offer Value through Follow-Up: After the event, the business owner follows up with new connections via email, offering value and continuing the conversation. They may share relevant resources, insights, or invitations to upcoming events or webinars.

Personalized Outreach: As the relationship develops, the business owner engages in personalized outreach specific to the needs and interests of the  new connection. They offer solutions to challenges discussed during the initial conversation and position themselves as a trusted advisor.

Product Presentation: Once a trusted relationship is established, the business owner presents their products or services as solutions to the connection’s pain points or challenges. They showcase case studies, testimonials, or demonstrations to illustrate the value proposition.

Conversion: Contacts who express interest in the business owner’s offerings are guided through the sales process, this could mean scheduling a consultation, signing up for a trial, or making a purchase.

Post-Sale Engagement: After making a purchase, clients continue to receive support and value from the business owner through ongoing communication, recommendations, and opportunities for additional products or services.

 

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I’m a Diet Coke drinkin, chocolate eatin, Netflix watchin, all-around good time! I want to show you how to grow and scale your business. Let’s be business BFFs! 

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WHAT IS A SALES FUNNEL

What is a Sales Funnel

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WHAT IS A SALES FUNNEL

What is a Sales Funnel

In marketing and selling in your business, the backbone of a successful conversion strategy is the sales funnel. I think this word feels intimidating to some people. The reality is every business has sales funnels they just might not realize it. The businesses that are really successful have mastered the art of sales funnels. Over the next few episodes I am going to break down some questions I recently received in a survey on sales funnels. Sales funnels are not just a buzzword but a strategy and a  framework that guides potential leads into loyal customers. Whether you’re a seasoned entrepreneur or a newbie, understanding sales funnels can significantly enhance your ability to drive sales and grow your business.

Sales Funnel

Let’s break down the basics. A sales funnel represents the journey a potential client or customer takes from being aware of a product or service to becoming a paying customer. Think of it as a metaphorical funnel which leads flow, gradually narrowing down until they make a purchase decision. This journey is divided into several stages, each requiring specific strategies to move prospects closer and closer to conversion. 

The Stages of a Sales Funnel

1. Awareness

The first stage is awareness. This  is where the journey begins. At this point, prospects become aware of your brand, product, or service. This awareness can be triggered through various channels such as social media, search engines, word-of-mouth, or advertising. The goal here is to grab the attention of your target audience and pique their interest enough to move them to the next stage. 

This is the top of the funnel. Visualize an actual funnel. It’s wide at the top and narrows at the bottom. Traffic is what drives people to enter your funnel. Every business needs traffic to thrive and grow.

2. Interest

Once a potential client is aware of your brand and is exposed to one of your offerings, they move into the interest stage. Here, they actively seek more information to see  whether your product or service aligns with their needs or desires. This is where content marketing plays a crucial role, offering valuable and relevant content that addresses their pain points and provides solutions. By nurturing their interest, you can further engage prospects and keep them moving through the funnel. 

This part of the funnel often has what I call a “leak in the funnel”. A lot of business owners understand the awareness phase, they post content on social media, blog, or network, but often struggle with making offerings and letting people know how to work with them. I teach my clients to use the 80/20 rule, give them 80% valuable content and 20% make offers and tell them how they can work with you.

3. Consideration

In the consideration stage, potential clients start to research, comparing your offering with other offers and weighing the benefits against the costs. This is a critical phase where you need to provide compelling reasons why your product or service stands out from the competition. Testimonials, case studies, product demos, and free trials are effective tools to sway prospects in your favor and push them towards making a decision.

4. Decision

As potential clients reach the decision stage, they are on the brink of making a purchase. Here, it’s essential to remove any remaining barriers or objections that may hold them back from making a decision.  Offering incentives such as discounts, limited-time offers, or guarantees can give them a nudge they need to convert to a paying client.

5. Action

The final stage of the sales funnel is action, where prospects take the desired action, whether it’s making a purchase, signing up for a service, or subscribing to a newsletter. This is the ultimate goal of the sales funnel – to drive conversions and generate revenue for your business.

Sales Funnel Optimization

Optimizing your sales funnel is crucial for maximizing conversions and increasing revenue. By identifying where you might have “leaks in your funnels” within each stage, you can implement strategies to streamline the process and improve overall performance. 

 

Here are some key tactics for optimizing your sales funnel:

1. Know Your Audience

Understanding your target audience’s needs, preferences, and pain points is so, so important for tailoring your messaging and offering to resonate with them effectively.

2. Create Compelling Content

Content is king when it comes to engaging prospects and guiding them through the sales funnel. Invest in creating high-quality content that educates, entertains, and adds value to your audience.

3. Implement Marketing Automation

Marketing automation tools can help streamline repetitive tasks, nurture leads, and track prospect behavior, allowing you to deliver personalized experiences at scale. You don’t have time to email and nurture ever single lead that comes into your funnel and that is why automation is a must. 

4. A/B Testing

Experimentation is key to optimizing your sales funnel. Conduct A/B tests on various elements such as headlines, calls-to-action, and landing pages to identify what resonates best with your audience. Test different lead magnets and marketing strategies. Marketing is all about testing and trying new things. You  have to be open to trying new things all the time until you find what works. 

5. Analyze and Fix

Regularly analyze key metrics such as open rates, click through rates, conversion rates, and bounce rates to identify areas for improvement. Use this data to refine your sales funnel continuously.

Take the time to learn analytics in your business. You don’t want to be running in circles and wasting your time because something you think is working isn’t. When you understand analytics then you see what is and isn’t working and can tweak accordingly. 

 

A  sales funnel is a fundamental concept in marketing and sales that maps out the journey prospects take from awareness to action. By understanding the stages of a sales funnel and implementing targeted strategies to optimize each stage, businesses can effectively drive conversions and grow their customer base. Remember, the key to success lies in continuous experimentation, adaptation, and a deep understanding of your target audience. So, take the time to fine-tune your sales funnel and watch your conversion rates soar.

Free Training

I am hosting a free training on March 13th at 10am MST. The training is How I Got My First 10K Email Subscribers. Getting people on your email list is crucial for an effective sales funnel and I am going to give you all the tips, tricks, and hacks that I have used to grow my list. See the link below! 

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REMENTO WITH CHARLIE GREENE

Charlie Greene

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REMENTO WITH CHARLIE GREENE

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REMENTO WITH CHARLIE GREENE

Remento is a platform that captures and preserves family stories. Its main offering is the RTO book, which turns memories into written stories and includes QR codes for narrated autobiographies.

 

Episode Highlights:

 

  • Remento offers a simple way to turn memories into written stories.
  • The RTO book includes QR codes that allow the reader to hear the person’s voice while reading.
  • Remento is a completely web-based platform with no app required.
  •  The prompts and suggestions offered by Remento make it easier to capture meaningful stories.
  •  Different people respond to different stimuli, so Remento aims to tailor the product to the individual sharing their stories.
  •  The founders of Remento were inspired by the value of capturing everyday encounters and human moments through video.
  •  The process of creating a repository of family stories brings people closer together.
Redefine Business Podcast

I'm Brittni Schroeder!

I’m a Diet Coke drinkin, chocolate eatin, Netflix watchin, all-around good time! I want to show you how to grow and scale your business. Let’s be business BFFs! 

Knowing When It’s Time to Hire a Virtual Assistant for Your Business

Knowing When To Hire a Personal Assistant

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Knowing When It's Time to Hire a Virtual Assistant for Your Business

Episode #101 Website Image

Knowing When It's Time to Hire a Virtual Assistant for Your Business

In today’s fast-paced world, entrepreneurs and small business owners often find themselves wearing multiple hats to keep their operations running smoothly. While this level of multitasking may work in the early stages, as the business grows, so do the demands on your time and energy. This is when the services of a virtual assistant (VA) become invaluable. But before diving into the hiring process, you must assess whether your business is ready for a virtual assistant and if you, as the business owner, are prepared to manage one effectively.

Understanding Your Business's Needs

Before considering hiring a virtual assistant, it’s crucial to have a clear understanding of your business’s needs and objectives. This involves assessing the areas of your business that are consuming a significant amount of your time and energy. These tasks could range from administrative duties such as email management and scheduling to more specialized tasks like social media management or content creation.

 

Take the time to identify tasks that are essential for the growth of your business but are not necessarily the best use of your skills and expertise. These are the tasks that can be delegated to a virtual assistant, allowing you to focus on high-impact activities that drive the business forward.

Establishing Systems and Procedures

Before bringing a virtual assistant on board, it’s essential to have systems, automations, and standard operating procedures (SOPs) in place. These processes serve as the foundation for effectively delegating tasks and ensuring consistency in your business. 

 

Start by documenting your existing workflows for key business activities. This could include how you handle customer inquiries, onboarding clients, or manage your social media presence. By documenting these processes, you create a roadmap that your virtual assistant can follow, ensuring that tasks are completed accurately and efficiently.

 

In addition to documenting workflows, it’s important to leverage technology and automation. Implementing automations ensures things are getting done exactly how we want them done, but it also allows your VA to do other things in your business that cannot be automated. For example, email automation tools can help manage your inbox more efficiently, while project management platforms can facilitate collaboration and task delegation.

Signs It's Time to Hire a Virtual Assistant

Now that you have a solid understanding of your business’s needs and have established systems and procedures, how do you know when it’s time to hire a virtual assistant? Here are some signs that indicate your business could benefit from additional support:

 

  • Overwhelm and Burnout: If you find yourself consistently overwhelmed with the amount of tasks on your plate and experiencing burnout, it may be a sign that you need help. Delegating tasks to a virtual assistant can alleviate some of the pressure and free up your time to focus on growing your business.

  • Inefficient Task Management: If you’re spending a significant amount of time on low-value tasks that could be delegated, that’s a clear indicator that you need assistance. A virtual assistant can handle routine administrative tasks, allowing you to allocate your time more effectively.

  • Missed Opportunities: Are you missing out on growth opportunities because you’re too bogged down with day-to-day tasks? Whether it’s following up with leads, managing social media accounts, or coordinating projects, a virtual assistant can help ensure that nothing falls through the cracks.

  • Inconsistent Customer Service: If you’re struggling to provide consistent and timely customer service due to competing priorities, it’s time to consider hiring a virtual assistant. They can handle customer inquiries, resolve issues, and ensure that your customers receive the attention they deserve.

  • Plateaued Growth: If your business growth has plateaued because you’re stretched too thin, bringing a virtual assistant on board can provide the support needed to scale your operations. By offloading repetitive tasks, you can focus on driving growth and expanding your business.

Hiring and Managing a Virtual Assistant

Once you’ve recognized the need for a virtual assistant, the next step is finding the right candidate and effectively managing them. Here are some tips for a successful hiring and onboarding process:

 

  • Define Roles and Expectations: Clearly outline the roles and responsibilities of the virtual assistant, including specific tasks they’ll be responsible for and any performance metrics or goals they need to achieve.

  • Screening and Selection: Take the time to thoroughly screen potential candidates to ensure they have the skills and experience needed for the role. Consider factors such as communication skills, reliability, and cultural fit.

  • Effective Communication: Establish clear channels of communication with your virtual assistant and set expectations for response times and availability. Regular check-ins via email, phone, or video conferencing can help ensure alignment and provide opportunities for feedback.
  •  
  • Provide Training and Support: Invest time in training your virtual assistant on your business processes, systems, and expectations. Provide access to relevant resources and documentation to support their onboarding process. If you have your standard operating procedures (SOPs) in place, this will cut down on so much of your time.

  • Delegate and Empower: Once your virtual assistant is onboarded, delegate tasks to them gradually, starting with less critical tasks and gradually increasing their responsibilities as they become familiar with your business.

  • Feedback and Performance Management: Provide regular feedback to your virtual assistant on their performance and areas for improvement. Establish a performance review process to assess progress and address any concerns or issues that arise.

Hiring a virtual assistant can be a game-changer for entrepreneurs and small business owners looking to scale their operations and focus on high-impact activities. However, before making the leap, it’s essential to assess whether your business is ready for a virtual assistant and ensure that you have the necessary systems, automations, and standard operating procedures in place. By taking the time to define your business’s needs, establish clear processes, and effectively manage your virtual assistant, you can unlock the full potential of this valuable resource and propel your business to new heights of success.

 

If you’re in the process of setting up your automations, systems, and SOPs and don’t know where to start, my Meeting Place Membership is perfect for you. Once you hire a VA, the membership will also be a great resource for them to learn and continue developing your business. 

 

Join The Meeting Place Membership HERE

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Course Creation with Wit and Wire

Course Creation with Wit and Wire

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Course Creation with Wit and Wire

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Course Creation With Wit and Wire

Melissa Gooler of Wit and Wire helps online business owners create their own online courses. She emphasizes the importance of finding a profitable idea and focusing on the outcome desired by the target audience. Melissa’s course creation process involves validating the idea, developing the curriculum, and gathering feedback from initial students.

 

Episode HIghlights:

 

  • Melissa Gooler assists online business owners in creating profitable online courses.
  • The key to a successful course is identifying a desired outcome for the target audience.
  • Melissa’s course creation process involves validating the idea and gathering feedback from initial students to create an effective experience.

Resources

Download your Course Creation Tool Kit for free HERE

 

Wit and Wire Website 

 

Find Melissa on Instagram 

 

Check out the resources she has for you on YouTube HERE 

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Common Mistakes to Avoid When Launching Digital Products

Episode 99

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Common Mistakes to Avoid When Launching Digital Products

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Common Mistakes to Avoid When Launching Digital Products

I am seeing a new trend as of late. A lot of people are launching digital courses. However, the path to a successful digital product launch is riddled with many, many pitfalls. In this podcast, we’ll explore five common mistakes that often cause a failed digital product launch, and discuss strategies to avoid them.

Neglecting Market Research

One of the most fundamental mistakes in launching a digital product is neglecting a really deep dive into market research. Understanding your target audience, their needs, preferences, and your competition is essential for creating a product that your followers want to use. Rushing into creating a digital product without a solid understanding of the market can result in a failed launch.

Solution:

Take the time to conduct  market research before diving into the creation phase. Engage with your own warm audience, or if you are just beginning to reach out to people that are your target audience through surveys or interviews. This data will not only help you understand the needs, but also help you tailor your marketing strategy to better reach and resonate with your audience.

Insufficient Warm Audience

An often-overlooked mistake in the digital product launch process is neglecting to cultivate a warm audience before the launch. A warm audience consists of individuals who are already familiar with your brand, engaged with your content, or have shown interest in your offerings. Ignoring the potential of this pre-existing audience can result in a missed opportunity to generate early interest and garner initial support for your digital product.

Solution:

Prioritize building and nurturing a warm audience well in advance of your product launch. Engage with your audience through various channels, such as social media, email newsletters, and webinars. Share behind-the-scenes glimpses, teasers, and exclusive content to pique their interest. A warm audience not only provides a ready-made group of potential buyers, but can also serve as a sales team, helping to promote your product’s reach through word-of-mouth referrals. Cultivating a sense of community and anticipation among your existing audience can significantly help the success of your offer.

Premature Launch without Testing:

Rushing a product to market without thorough testing is a recipe for disaster. Bugs, glitches, and other technical issues can tarnish your brand reputation and result in a loss of trust among users. A fast and furious launch without proper testing can lead to negative reviews, customer dissatisfaction, and potential money losses.

Solution:

Implement a testing strategy.  Conduct beta testing with a select group of users to gather valuable feedback before the official launch. Continuous testing are essential. You want to address any unforeseen issues promptly. Ask for constructive criticism and feedback. A well-tested product not only instills confidence in users but also gives you the feedback you need to continue to improve your products.

Inadequate Marketing and Promotion:

Even the most amazing digital product can go unnoticed without a well-executed marketing plan. Failing to invest sufficient time and resources into promoting your product can result in a lack of awareness, low user adoption, and ultimately, poor sales performance.

Solution:

Develop a comprehensive marketing strategy that includes pre-launch teasers, influencer collaborations, social media campaigns, and targeted advertising. Utilize various channels to reach your target audience and create a buzz around your product. Give yourself adequate time to promote your product.

Ignoring Post-Launch Engagement:

Many entrepreneurs focus solely on the launch day, neglecting the crucial post-launch phase. Once your product is live, ongoing engagement and communication with your users is so important. You want to continue to gather feedback, and foster a loyal customer community. Ignoring post-launch engagement can result in missed opportunities for growth and improvement.

Solution:

Implement a post-launch engagement strategy that includes regular communication with users through onboarding emails, social media, and any other channels. Encourage user-generated content talking about your product, testimonials, and reviews to build trust and credibility. Actively listen to user feedback. Your goal is to create a community, and you want to ensure that every customer feels seen and heard.

Launching a digital product is fun, but success requires careful planning and execution. By avoiding these common mistakes – neglecting market research, a warm audience, inadequate marketing, and ignoring post-launch engagement – you can set your digital product on the path to sustained success. A digital product is a great asset to your product suite and can really help you scale, but it’s also a lot of work. Take the time to prepare and learn how to effectively plan for a launch.

Check out this course!!

The Meeting Place 

 

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I'm Brittni Schroeder!

I’m a Diet Coke drinkin, chocolate eatin, Netflix watchin, all-around good time! I want to show you how to grow and scale your business. Let’s be business BFFs! 

Talking Finance with Brennan Schlagbaum the Budgetdog

Episode 98 Talkling Finance

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Talking Finance with Brennan Schlagbaum the Budgetdog

Episode #98 Talking Finance

Talking Finance with Brennan Schlagbaum the Budgetdog

Brennan Schlagbaum, also known as the Budgetdog, shares his journey of getting out of debt and helping others with personal finance. He offers guidance to people sinking in debt, those looking to start investing, and individuals with high incomes but no financial plan. Brennan emphasizes the importance of educating children about money and giving back.

Episode Highlights

In episode 98, we talk about:

 

  • Brennan started his financial journey at 23 when he realized he had accumulated thousands in debt.
  • With his CPA background, he created a game plan to pay off the debt and started helping friends and family offline.
  • He eventually started the Budgetdog Instagram account to reach a wider audience.
  • Brennan works with people sinking in debt, those unsure of how to start investing, and individuals with high incomes but no financial plan.
  • He believes in teaching children about responsibility, savings, and giving back.
  • Brennan emphasizes the value of sacrificing and investing over getting rich quick.
  • He aims to give back to the community and has a goal of donating a million dollars to D syndrome in 2024.

Where Can I find out more?

Check out what Brennan has to offer. He might just be the answer to your financial goals.

Find him on his website Budgetdog

Follow him on Instagram

FREEBIE! Budget Template 

Redefine Business Podcast

I'm Brittni Schroeder!

I’m a Diet Coke drinkin, chocolate eatin, Netflix watchin, all-around good time! I want to show you how to grow and scale your business. Let’s be business BFFs! 

Word of the Year

Word of the Year

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Word of the Year

Episode #97 Word of the Year

My Word of the Year

As the new year unfolds, many of us embark on a journey of self-reflection and goal-setting. I love the resolutions and the new beginnings. Another traditions that I have had for years is – choosing a “Word of the Year.”

 

You know I am a big fan of setting goals, but I understand that some people don’t like setting goals or resolutions for their own reasons. That is another reason why I love the practice of choosing a word.

 

This single word serves as a simple guiding force for your year. It can give you direction both in your personal and business life. Let’s delve into the impact of selecting a word that resonates with your aspirations and can be a source of inspiration throughout this next year.

The Significance of Choosing a Word

We live in a world inundated with constant distractions and ever-growing to-do lists, having a theme can give you a sense of purpose and keep you motivated. Your chosen word encapsulates your intentions for the year.

Reflecting on the Past

Before selecting your word of the year, take a moment to reflect on the past. What were the highs and lows of the previous year? What lessons did you learn, and how have they shaped you for the future? This helps you lay the  foundation for choosing a word that aligns with want you want your future self to evolve into.

Identifying Core Values

Consider the core values that define who you are and what you stand for. Whether it’s growth, resilience, creativity, or mindfulness, identify the principles that resonate most deeply with you. Your word should encapsulate these values, providing a framework for your endeavors.

Setting Intentions and Goals

Your chosen word should represent your goals and intentions for the upcoming year. Whether you want professional success, personal development, or overall well-being, the word you select becomes a mantra that reinforces your commitment to these objectives.

Finding Your Word

The process of choosing a word of the year is deeply personal. It might emerge during moments of reflection, meditation, or simply by paying attention to words that consistently resonate with you. Trust your instincts and select a word that sparks a sense of excitement and purpose.

Examples of Inspirational Words

  • Courage: Embrace challenges with bravery and resilience.
  • Serenity: Cultivate inner peace amidst life’s chaos.
  • Innovation: Foster creativity and embrace new ideas.
  • Balance: Strive for equilibrium in various aspects of life.
  • Connection: Strengthen relationships and build meaningful connections.

Every year I meticulously select a word that reflects my goals, dreams, and aspirations. Last year my word was STRENGTH and I couldn’t have selected a more fitting word for myself.

 

I have received many comments over the years regarding my strength. It’s no secret, I have had my fair share of trials. I am nothing special, and the truth is my outer strength isn’t always an accurate reflection of my inner strength, but I am doing the best that I can and I will keep doing the best that I can. 

 

A couple days ago, I doodled a plethora of words that came to my mind. I took a picture and sent it to a dear friend. We contemplated our thoughts back and forth, and both agreed that the perfect word for 2024 was TRUST.

 

TRUST in God.

TRUST in myself.

TRUST in my heart. 

TRUST in the plan. 

 

TRUST is my word for 2024.

 

As you embark on this journey, remember your word is there to inspire and guide you! If you decide to choose a word, I would love to hear what you have chosen. Send me a DM or message.

Redefine Business Podcast

I'm Brittni Schroeder!

I’m a Diet Coke drinkin, chocolate eatin, Netflix watchin, all-around good time! I want to show you how to grow and scale your business. Let’s be business BFFs! 

Capture The Chaos Planner with Brittnie Renee

Capture the Chaos Planner

REDEFINE PODCAST

Capturing The Chaos Planner with Brittnie Renee

Episode #96

Capturing The Chaos Planner With Brittnie Renee

This podcast episode features Brittnie Renee, an entrepreneur and photographer, who shares her journey and insights on time management and productivity. She also discusses her experience in designing and creating a planner.

 

Podcast Highlights:

 

  • Brittnie Renee is a photographer and entrepreneur who recently ventured into the education space for photographers.
  • She realized the importance of time management and productivity when she hit rock bottom as a mom of three kids trying to balance her photography business, podcast, and personal life.

  • Brittnie emphasizes that time management is the missing link in business ownership and helps bring together creativity and business skills.

  • She took a course and learned the process of designing her planner, overcoming challenges with print-on-demand services and creating a beautiful, customized product.

  • Brittnie highly recommends planning and being intentional with time as an essential tool for success in entrepreneurship.

Find Out More

Interested in the Chaos Planner? Get your discount here:

 

Code for planner: BRITTNI15

 

Find out more about Brittnie Renee and her planner HERE

 

Redefine Business Podcast

I'm Brittni Schroeder!

I’m a Diet Coke drinkin, chocolate eatin, Netflix watchin, all-around good time! I want to show you how to grow and scale your business. Let’s be business BFFs! 

Mastering the Art of Goal Setting

Episode 95 Mastering the Art Of Goal Setting

REDEFINE PODCAST

Mastering the Art of Goal Setting

Episode #95 Mastering the Art of Goal Setting

Mastering the Art of Goal Setting- A Guide for Entrepreneurs in 2024

As the calendar turns its pages to welcome a new year, entrepreneurs are gearing up to set the stage for success in 2024. Goal setting is a cornerstone of achieving success in your business. When you provide a roadmap for navigating the challenges and opportunities in your business, the odds of success are in your favor.

 

In this podcast, I want to explore some tried and true tactics of goal setting, from the initial planning stages to the execution phase.

Defining Clear and Purposeful Goals

Before diving into the nitty-gritty of planning, it’s crucial to establish a solid foundation for your goals. The first step is to define a clear and purposeful vision for your business. What is it that you want to achieve in 2024, and how does it align with your long-term dreams? Your goals should be a reflection of your mission, values, and overarching purpose.

Realistic Goals

Goal setting is the most compassionate, wonderful thing we can do for ourselves. Stay connected to yourself and your goals. Strive to be the best you and achieve the best. Setting goals helps us evolve into the best version of ourselves. We should constantly be asking ourselves to grow and evolve in a bigger and better way. Goals is how we do that.

 

You cannot achieve your goals by just thinking about them. You have to focus your thoughts. Understand that the emotion that drives your actions will determine your results. If you feel confident, you’ll pursue your goals with more determination and intensity. If you feel unsure or insecure, you’ll proceed with caution and self-doubt. Once you get your thoughts in the right place, your results will reflect that. Create goals that align with your thinking, then take action to prove it.

 

Make a list of your realistic goals. These are goals that you, no doubt, can achieve if you have a plan and strategy.

Big Goals

Oftentimes we hesitate to set really, really big goals. We settle because of our self-doubt, our thoughts, or our thoughts about our capabilities. These kinds of thoughts keep up from achieving BIG. We are okay with mediocrity. We self-talk and convince ourselves that we would be happy with $50K, but why don’t we dream bigger and set our goals to make $500K? Our thoughts hold us back. It’s time to let go of the good and go for the great. The bigger your goals are, the harder you’ll push yourself to greatness. Make a list of your 20 goals. Intermix your typical, relevant, realistic goals with unimaginable goals. Shoot for the stars. Will you always get the results you want? Who knows? You may or may not, but either way, your business will grow leaps and bounds.

SMART Goals

A tried-and-true method for goal setting is using the SMART criteria – Specific, Measurable, Achievable, Relevant, and Time-bound. Specificity ensures clarity. You’re very specific about a goal, and it isn’t broad. For example, a specific goal is “I want to make $100K.” A nonspecific goal would be “I want to be successful.” The more specific you can be with your goals, the more likely you are to achieve them.

 

Measurability provides a tangible metric for success. For example, you can say you want to grow your email list by 10%. If you have 1,000 people on your email list, that means you have to gain 100 new subscribers.

 

Achievability sets realistic expectations. Although it’s important to set big, unimaginable goals, it’s important to intermix those goals with goals that are attainable so you can feel accomplished and keep the momentum going. Relevance aligns goals with your overall vision. You want to make sure that your goals are helping you get to where you want to go. If you’re focusing on the wrong things in your business, it may be a detour in your road of success.

 

Lastly, time-bound factors give you a timeline for achieving your goals. For example, if you want to get 50 five-star reviews on your podcast by Feb. 1, this creates a sense of urgency that pushes you to take action. When you are setting your goals, use the acronym SMART to ensure that you have clarity on what, how, and when.

 

Categorizing Your Goals

Entrepreneurs often wear multiple hats, balancing various aspects of their business. Categorizing your goals can help streamline your efforts and provide a holistic view of your business objectives. Consider dividing your goals into categories such as financial, marketing, operational, and personal development.

Planning for Success: Breaking Down Goals Into Actionable Steps

Once your goals are defined, it’s time to develop a roadmap that guides you from point A to point B. The planning phase is where you break down your overarching goals into smaller, actionable steps. This not only makes the journey more manageable but also provides a clear path forward.

 

One of the ways I do this is by mapping out my entire year. I place big events or launches on the designated month. I typically have something big planned quarterly. The next thing I do is make a to-do list of everything that needs to be done for those events. Some items take more time or have higher priority.

 

Not all tasks are created equal, and understanding their importance is key to effective planning. Prioritize tasks based on their impact and time. Sequencing your activities in a logical order ensures that each step contributes to the overall progress of your goals.

 

Once the list is compiled, then I schedule out the tasks or activities monthly. Once my monthly task list is complete, I assign the tasks to specific days of that month. This ensures I have plenty of time to work on the tasks that will help me with my big goals.

 

Pro Tip: Entrepreneurship is often unpredictable. Be prepared for the unexpected, and incorporate a backup plan into your goal-setting strategy. Identify potential roadblocks, such as holidays or life events, and give yourself enough time or alternative approaches.

Execution

Execution is where the rubber meets the road. Even the most well-thought-out plans are ineffective without action. Here are some tips for turning your plans into actions.

Accountability Partners

Share your goals with someone you trust — a mentor, a business partner, or a fellow entrepreneur. Having an accountability partner can provide the necessary support and motivation to stay on track. Regular check-ins allow for feedback and adjustments, ensuring that you remain committed to your goals.

Delegate and Collaborate

Entrepreneurs often fall into the trap of trying to do everything themselves. Recognize your strengths and weaknesses, and delegate tasks accordingly. Collaborate with team members, leveraging their skills to achieve collective success. Delegating not only lightens your workload but also fosters a sense of shared responsibility.

Continuous Learning

Entrepreneurship is a journey of constant learning and adaptation. Stay informed about industry trends, emerging technologies, and new strategies. Embrace a growth mindset that encourages continuous learning, allowing you to refine your approach and stay confident and positive.

Overcoming Challenges and Embracing Failure

No entrepreneurial journey is without its challenges. Setbacks and obstacles are inevitable, but it’s how you respond to them that defines your success. Here are some strategies for overcoming challenges.

Mindset Shift

View challenges as opportunities for growth and learning rather than complete failure. A positive mindset enables you to approach setbacks with resilience and creativity. Learn from failures, adjust your course, and move forward with newfound knowledge.

Find Support

Entrepreneurship can be a lonely road, but you don’t have to navigate it alone. Seek support from mentors, industry peers, or networking groups. Shared experiences and diverse perspectives can offer valuable insights and alternative solutions to the challenges you face.

Pivot if Needed

The ability to adapt to changing circumstances is essential for the success of entrepreneurs. Be open to reassessing your goals and strategies if something isn’t working. Flexibility allows you to pivot when necessary, maintaining momentum despite unexpected challenges.

Celebrate

As you make strides toward your goals, it’s a must to celebrate your successes along the way. Acknowledge and reward both small and large achievements. Take the time to reflect on the journey, identifying lessons learned and areas for improvement.

Reflect

At least once a quarter, evaluate your progress against the initial goals you set. What worked well, and what could be improved? What are you getting a return on investment on, and what are you not? Reflecting on your journey allows for continuous improvement and strategic refinement.

Setting New Goals

Entrepreneurship is a dynamic mission, and as one set of goals is achieved, it’s time to set new ones. Building on your successes, set ambitious, big goals and realistic goals that propel your business forward. The process of setting, planning, and executing goals is what takes you from good to great!

 

As entrepreneurs gear up for the challenges and opportunities of 2024, mastering the art of goal setting is paramount. By defining clear and purposeful goals, developing a strategic plan, and executing, you can make 2024 a year to remember. Embracing challenges with resilience and celebrating successes along the way ensures a fulfilling and rewarding journey. As you embark on your goals in 2024, remember that each step forward brings you closer to the continued success of your business.

 

Redefine Business Podcast

I'm Brittni Schroeder!

I’m a Diet Coke drinkin, chocolate eatin, Netflix watchin, all-around good time! I want to show you how to grow and scale your business. Let’s be business BFFs!