From the Archives | Why you can’t rely solely on social media for sales with Nicole Walters, The Monetized Life

This week, we are amplifying the voices of black artists and business leaders by re-running three of our previous episodes. Have you ever come home from a long day at your corporate job and realized like, “Okay, so my job is feeding my family, but definitely not my soul.” What do you do? Well, today's Proof to Product guest is telling us how she figured it out. By age 28, Nicole Walters was a highly-paid executive at a Fortune 500 company, managing multibillion dollar accounts, but something wasn’t right. So Nicole quit her corporate job, and she made waves when she quit in front of 10,000 people while live streaming on Periscope. She went on to open her own private business and product development consulting firm, The Monetized Life.  As Nicole’s audience ramped up so did her revenue—she made $11,000 in the first three weeks of working with small business clients full time. Now, when she’s not hanging out with her husband and their three foster kids, she shares her secrets to earning “passive income” with other entrepreneurs through her wildly popular online course, 1K1Day. “I teach people how to add commas to their bank accounts,” says Nicole. “They learn that they don’t have to trade time for money.” On today's episode, Nicole and I sit down to talk about common mistakes she sees eager entrepreneurs making and why old school sales strategies still work. We also talk about why you can't rely solely on social media for sales, the importance of having multiple revenue streams and why you need to treat your business like a business from day one.  ON TODAY’S EPISODE:  Common mistakes Nicole sees eager entrepreneurs making Tips on where to focus your marketing time and money The problem of relying on social media platforms  Benefits of sticking with the old school methods What really gets customers in the door How to make a 40-50 hour work week feel like 4 hours The lessons Nicole took from corporate life and applied as an entrepreneur Her strongest marketing tool today Nicole’s favorite success stories How saying no is a form of self care  Advice for brand new business owners and entrepreneurs experiencing growing pains  The importance of acting like a business from the get-go What success looks like for Nicole today For full show notes and resources, head to https://bit.ly/FromtheArchives SUBSCRIBE To subscribe on iOS, go to the iTunes page and subscribe to Proof to Product. On Android, you can listen using your favorite podcast app.  WRITE A REVIEW Writing a review on iTunes will help other product based business owners find Proof to Product as they are working to up level, scale, and build profitable and sustainable companies. FOLLOW PROOF TO PRODUCT Follow Proof to Product on Instagram for the latest updates. JOIN OUR EMAIL LIST If you'd like to receive more information about our upcoming episodes of Proof to Product including show notes and information about our guests, head over to www.prooftoproduct.com and sign up for our email list.   SHARE Be sure to share Proof to Product with all of the product based business owners that you know!  ABOUT PROOF TO PRODUCT: Proof to Product is hosted by Katie Hunt. Since 2011, Proof to Product has worked with thousands of product based businesses to help them up level, scale, and build profitable sustainable companies. You can find our show notes and additional resources at ProofToProduct.com. If you like what you heard today, please head over to Apple Podcast to leave a five star review and subscribe. Thanks so much for listening. We'll be back next week with a new episode!