Business Maven Podcast: Episode 1
Embarking on a New Business Journey
Welcome to my inaugural podcast episode. While I've participated in various podcasts and interviews, this is my first venture into hosting my own show. I’m starting a podcast because creating content flows more naturally for me when I speak out loud. Typically, I use a voice recorder to create blog and Instagram posts, which I then convert to text using transcription tools. Given that I'm already generating content this way, it makes sense to share the original audio recordings as podcasts! I'm excited to have you join me on this podcasting journey.
Rebuilding and Relaunching
Speaking of journeys, you're probably here because you're interested in hearing about my business relaunch in this podcast.
A little background: I started a business in my early 20s while living in New York City, shortly after leaving a corporate role. After about a year of running it and gaining a few clients, circumstances led me back to the corporate world. Now, as I approach my thirties, I'm reviving my business, albeit with a significantly different approach. This time around, I've gained clarity on what I want to offer. As of this recording in August, I've been testing my ideas and preparing for the official launch which is happening…now!
Sharing the Real Journey
My aim with this podcast is to provide a different perspective. Rather than focusing solely on marketing strategies, which are common topics in business podcasts, I want to offer insights into rebuilding a business almost from scratch. Many resources cover scaling from $100k to 1 million, but few address the challenges faced when going from 0 to $1000. Drawing from my experiences and lessons learned, I'll share the journey of getting a new venture off the ground. From overcoming challenges to acquiring initial clients, this podcast will delve into the nitty-gritty of starting a business.
Crafting the Offer
In this episode, we're diving into the crucial topic of defining your business offering. When I first began my journey years ago, I grappled with this challenge. I initially started with website design, which was more of a default than a strategic decision. However, I knew I wanted to move into a more strategic and coach-like role, but was overwhelmed by defining what that would look like.
I’ve spent a lot of time since then overcoming imposter syndrome and clarifying my expertise, which has been key in getting me to where I am now.
Steps to Determine Your Offering
Confidence in Your Expertise: Before crafting an offer, cultivate confidence in your skills. Counter imposter syndrome by acknowledging your qualifications and professional history.
Defining Your Focus: Explore your areas of expertise and what genuinely excites you. This exploration can guide you toward the right direction for your offering.
Structuring Your Offer: Determine the format for delivering your offer. Whether it's one-on-one coaching, group sessions, workshops, or other formats, align it with your strengths and preferences.
Pricing with Confidence: Set your pricing based on your expertise and the value you bring. Avoid underpricing; confidently communicate your worth to potential clients.
Actionable Steps
I've recently relaunched my business, focusing on marketing and strategy consulting. My immediate goals include finalizing my website, packaging, and pricing structures. I'm also engaging in direct outreach to potential clients and maintaining a consistent presence on Instagram, my go-to social media platform. The objective is to have at least three new clients within this first month.
Thank you for joining me in this podcast journey. Stay tuned for more insights, updates, successes, and even the inevitable failures. Feel free to connect with me on Instagram at @RebeccaSenchak or DM me with any questions you'd like addressed in upcoming episodes.
