The Transformative Strategy That Can Help You Scale Beyond $1 Million

 Market research and customer feedback could be the ticket to scaling your businesses beyond the $1 million mark. Without gathering insights from the market and listening to customer feedback, you are effectively running your business on guesswork, which is very costly. Researching the market gives your business and vision an informed direction to steer towards, and developing solutions based on customer feedback builds trust and loyalty. Once you have researched and utilized feedback, use your intuition to create a strategic, but flexible, business plan, so you can test, learn and iterate your way to success. With the right business strategy, you can tap into your unique strengths and flourish as a powerful and influential leader in the business world.

This week's challenge: Speak with 10 potential customers and ask them open-ended questions about their pain points and frustrations. Use #sugarcoatedfeedback to share your surprising insights with SheLeadsMedia on Instagram!

Show notes:
💲 Women in businesses have a difficult time scaling past the $1 million mark -  only 4.2% of all women-owned firms have revenues over a million dollars or more: in order to achieve a million dollars, you must understand your customers. 01:11
📊 Market research is about gathering information to make informed decisions: when we start talking to customers, the journey never ends because customer preferences are always changing. 04:44
👂 Your customers are your best critics and allies: there's no better way to earn trust among your customers than by listening to them. 08:26
🎁 If we take feedback and don't do anything with it, it's like a wrapped gift that's never opened: when market research and customer feedback join forces, magic happens. 10:43
👔 Harness the power of community and relationships for market research and use your data: put strategic plans in place and move forward with certainty, but leave room for flexibility. 13:05
❣️ Sometimes we're afraid to be vulnerable, try a new idea or change direction: Adrienne challenges you to go out there this week and ask 10 customers open-ended questions. 16:26

Links:
 Connect with Adrienne: www.sheleadsmedia.com 

 Listen to podcasts for women by women on the She Leads Podcast Network: www.sheleadspodcasts.com 

Creators & Guests

Host

She Leads® Media

👩🏻‍⚖️ ⭐️ Adrienne Garland - She Leads® Podcast Network - 4 women X women ⭐️ 🎧 The She Leads Podcast Host| Leadership Conferences, Retreats #SheLeads #Women #entrepreneurs

What is The She Leads Podcast: Real Conversations with Women Entrepreneurs?

Discover the go-to podcast for driven women entrepreneurs ready to lead! Join host Adrienne Garland, CEO of She Leads Media, as she uncovers the unfiltered path to scaling your business to 7 and 8 figures. Each week, bold female founders share their raw stories, overcoming challenges, and proven strategies for explosive growth – all without sugar-coating a thing.
🚀 Why She Leads is Your Essential Listen:
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At She Leads Media, we reject the notion that women must be deferential or pull back our opinions. Instead, we're creating a powerful platform where women are free to express their brilliance without restraint. Whether you're launching your venture or ready to scale new heights of revenue and profit, The She Leads Podcast: Real Conversations with Women Entrepreneurs delivers the unvarnished truth you need to thrive in today's competitive business landscape.
The She Leads Podcast (formerly Sugar Coated) is your ultimate resource for:
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Don't miss out on game-changing wisdom from Adrienne Garland - fearless entrepreneur, innovative media producer, and inspiring professor. Subscribe now and join a community of women who refuse to hold back their voices, thoughts, or opinions. Your journey to 7-figure success and beyond starts here – no sugar-coating required!
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