logo
episode-header-image
Dec 2021
38m 17s

321. Your Path to a Million Dollar Produ...

Jacqueline Snyder
About this episode

So, you’ve started your business and things are going well. What are the income milestones you should look out for, now? And how can you leverage your success into further growth? In this follow-up to episode #298, “Stages of a Product Business on the Way to $100k,” we tell you exactly how.

What about salary – when should you expect that to kick in? Have you considered how things like scaling and delegation might evolve on your journey? There are distinct stages in the lifespan of any business and it’s super helpful to know what they are. For example, once you hit the million-dollar stage, you can’t be expected to do it all anymore. And, once you enter the acceleration stage, you shouldn’t be deciding everything yourself any more, either.

This is about stepping into your strengths so that your business can become the best version of itself that it can be. It might seem unimaginable right now, but the goal is to find other people you can rely on so that your business can function without you. This is your path to a million dollar product-based business and beyond.

Brought to you by the Shop 1 in 5™ Pledge! Commit to making 1 in 5 of your purchases from a small business, whether online or offline. The Shop 1 in 5™ Pledge is a way to make an impact together when (and where) it matters most. Join us and take the pledge today!

Resources:


Connect:


Up next
Aug 21
717. From Burnout to Breakthrough: What Happens When You Let Go of a Business | Coaching Session
Welcome back Product Bosses! Have you ever gotten to a place where your business just doesn’t feel aligned anymore? In today’s heartfelt coaching session, I sit down with Alyse Steiner, the founder of TOSI Nursing Covers, who’s at a crossroads: should she sell her business or shu ... Show More
46m 2s
Aug 14
716. What If You Don’t Want to Hustle—But Still Want to Make Money in Your Product-Based Business? | Coaching Session
Welcome back Product Bosses! Today I’m coaching Sandra Nakashima, a talented chocolatier who’s re-entering the business world after years away. She loves her work but doesn’t want to be tied to long hours, a big team, or endless hustle. Her dream? A beautiful, profitable business ... Show More
50m 19s
Aug 7
715. What’s Really Holding Your Product Business Back (Hint: It’s Not Strategy) | Coaching Session
Welcome back Product Bosses! This week, I’m coaching Hannah Kirby, the founder of Stable-ish—a brand that’s reimagining how we talk about and accessorize mental health. After her heart-shaped pill case took off on Etsy, Hannah found herself with a loyal audience, a strong brand, ... Show More
33m 55s
Recommended Episodes
May 2023
Road To $1 Million (Part 3): Choosing Profitable Products
Internet entrepreneurs often put all of their focus on marketing and Amazon tactics, but the best marketing is a good product!   In this podcast Ryan tells you how to choose the perfect profitable products for you and how you can identify an audience you want to serve.   Whether ... Show More
29m 16s
Jan 2023
119: Think Differently About Sales Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Owner, Or Self-Employed
With the start of the new year, do you feel discouraged when you look at your sales figures for the year?  I understand how easily this can happen when you consistently think you are starting the year out with zero sales and you have a huge mountain to climb to get your sales to ... Show More
14m 32s
May 2024
#176: Ryan Deiss—How to Scale Your Business and Sell It for Millions
Frustrated your marketing isn't working? Stuck wondering why customers aren't clicking "buy now"? Imagine turning that around in just five minutes. Get the help you need to clarify your message and grow your business with our free 5 Minute Marketing Makeover video series. Get imm ... Show More
32m 33s