Get Profitable HQ: Business Growth Strategies for Online Entrepreneurs
Ever wondered how to turn a passion into a thriving seven-figure business? Laura Smith, host of Get Profitable HQ, spills the secrets that helped her overcome shyness and build a successful online business for over a decade. Running a business while juggling family, travel, and a chronic illness is no walk in the park. She gets real about the struggles entrepreneurs face and shares strategies to help you balance life and business. Discover the behind-the-scenes truths that will resonate with every entrepreneur trying to make it work! *Feel a sense of camaraderie as Laura assures you that everyone faces challenges in growing their business. You're not alone, and she's here to prove it! *Demystify the world of business numbers. Feel empowered to befriend and understand your business metrics, laying the foundation for success. *Gain practical insights into growing your email list, boosting conversion rates, and navigating the intricacies of online tools and courses. Laura breaks down tangible steps you can implement right away. If you’re ready to transform your business and life, hit play now. Don't miss out on the community, knowledge, and REAL talk – your journey to business success starts with this podcast!
Get Profitable HQ: Business Growth Strategies for Online Entrepreneurs
3 Biggest Business Failures & Lessons Learned
Are you struggling with setbacks in your business journey? Navigating the rollercoaster of entrepreneurship often involves many failures. But what if these failures could be reframed as invaluable lessons, propelling you closer to success? In this episode, Laura gets real and shares her three biggest failures from the past decade in business. Learn how risk-taking plays a key role in business growth, the importance of aligning products/services with target audience needs, and strategies used to refine the hiring process for building an effective team. Whether you like it or not, failure is an inevitable part of the entrepreneurial journey. Tune in now to transform those failures into stepping stones toward success!
Key Topics:
- (01:00) Not fearing failure and trying new things
- (03:15) Risk tolerance and over-analyzing situations
- (07:20) Joint decluttering challenge with a poor product fit
- (11:10) Using lessons learned to create a successful virtual summit
- (12:10) Membership sales strategy failure
- (20:20) Overestimating demand and ignoring the current situation
- (28:00) Hiring mistakes; lack of experience in reading people during interviews
- (33:45) Learning from past hiring mistakes and improving over time
- (36:50) Understanding what can and cannot be outsourced in a business
- (38:00) Learning and improving leadership skills
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