Are you an entrepreneur? If so, you know that success doesn't come easy.
Attention entrepreneurs! Are you looking for ways to scale your service-based business without sacrificing your sleep? Look no further than The Service Based Business Society Podcast, hosted by Tiffany-Ann Bottcher.
Each week, Tiffany-Ann shares valuable insights on productivity, business strategies, marketing trends, and tech secrets that you need to know in order to take your business to the next level. She firmly believes that a successful service-based business must prioritize an amazing client experience and sustainable, predictable, repeatable profit, and she'll teach you how to do just that.
But that's not all - Tiffany-Ann also invites expert guests to share their knowledge and experience with you, providing even more valuable insights on service-based business growth and sustainability. You won't want to miss a single episode!
If you're looking to create, grow, and optimize your service-based business, The Service Based Business Society Podcast is the perfect resource for you.
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Focused on helping entrepreneurs cultivate the right mindset for success in their businesses. Hosted by experts in the field, the podcast covers a range of topics related to mindset and business, including self-improvement, goal setting, visualization, and meditation. The podcast provides practical tools and strategies to help listeners develop a growth mindset, overcome limiting beliefs, and build confidence. Through inspiring interviews with successful entrepreneurs and thought leaders, the podcast shows that a positive and resilient mindset is key to achieving business success.
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Dedicated to equipping business leaders with the knowledge and skills they need to lead with confidence, based on data-driven insights. Hosted by experts in business leadership, the podcast covers a range of topics related to data analysis and interpretation, strategic decision-making, and effective communication. It provides practical tools and strategies for interpreting complex data sets and using them to make informed business decisions that drive growth and success. Through engaging interviews with successful business leaders and industry experts, the podcast offers valuable insights and examples of how to use data to build strong teams and drive innovation.
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A great resource for aspiring entrepreneurs looking to learn from the experiences of successful business owners. Through relatable and engaging entrepreneurship stories, the podcast provides valuable insights into the challenges and opportunities that come with starting and running a business. Hosted by experienced entrepreneurs, the podcast covers a range of topics related to entrepreneurship, including idea generation, product development, marketing, and fundraising. Each episode features inspiring interviews with successful entrepreneurs, who share their personal stories and provide practical advice and tips for those looking to start and grow their own businesses.
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Brought to you by Bottcher Group of Companies
Season: 1
Episode: 7
Title: The Good Kind of Discomfort
Hello, and welcome to the service based business society podcast. I'm your host Tiffany-Ann Bottcher. At our weekly episodes, we will dig into everything you need to know about scaling your service based business without losing sleep. With my experience in creating over seven figures per month, and a passion for marketing, finance and automation, this show will provide tangible tips and techniques for scaling your business. Let's get started.
Welcome back guys to another episode of the service based business society podcast. I'm your host, Tiffany-Ann Bottcher and tonight, we are going to be talking about an important topic that is so near and dear to my heart. And realistically it affects every business owner's service base product base. Realistically, if you are going to go out as an entrepreneur, you are going to be faced with this challenge. And it really comes down to self confidence. And before even go boy, we're going all woo woo. And we are going a little bit. But I want to talk a little bit about embracing who you are, and really deciding what you're not. And I know this sounds really fairly counterintuitive, because as business owners, we're a lot of things.
We are part firefighter or part janitor, parts, CEO, parts, HR, marketing director all of these different pieces. And as your business grows, it all comes back to initially. Because here's the thing, most people do not start a business with a whole bunch of budget. You start your business with this vision, this idea and you think, Okay, I'm gonna dive in. And so either you're going to be working full time on your business, or potentially you are working part time on your business and juggling life, maybe another job, maybe another business, you know, I often talk to entrepreneurs who have multiple businesses on the go. And so at one point, in this process you are, you're in your all the things. And so you're putting a lot of trust in yourself.
And so I was on a call day where the business owner, who has been working really hard for almost a year, got things really ready for the launch of her business. And so lots going on in the background. And now it's time to jump, it's time to take that leap of faith. And realistically trust yourself, and enjoy the moment of all of the work coming together. And so, we were talking through some logistical pieces, and we were going through we were, you know, solving some challenges. And you know, how this new exciting opportunity was going to come to fruition and how this was going to be great. And all of these things and, and towards the end of the conversation. You know, I heard her say, we're going to have to decide if I'm going to take the opportunity. And I initially kind of thought, Well, why wouldn't you pick the opportunity? And you know, I really appreciate honesty. And she said, "It's really just me, it's really just mean that would prevent me because I said what, what would prevent you from taking this opportunity? You know, what, what challenge do we need to sort out? And she said it was just me, it's just me. There's two, two pieces, my mind immediately goes to Okay, well, you're really not going to be any more confident a month later. So sure this opportunity had come up. And this is common when you're getting started on your business where you're not cool, white ready. You're almost ready, but you're not quite ready. And so I hear a lot of this online people say Done is better than perfect, imperfect action. And I as the person who originally really sided with this comment, Done is better than perfect. But I do think there is some truth to it. We are never going to be completely ready. Never because we cannot actually predict every single outcome. And we cannot solve all problems that we don't know. And a lot of times we can build something, whether it's a system or a process, or, you know, launching something new or whatever.
And it's not until we actually stress test, or, you know, put, put something under load under pressure, that we truly get the full picture. So, you know, we can practice, we can do trials, we can do all these things, but we still end up with things we can predict, or something doesn't go quite right, or something that worked 500 times previously, all of a sudden doesn't work. No, I was I, I was recently on a demo call for some software. And the person who was on the call was clicking this button, she's trying to demo this product for me. And I mean, I know this is a very well known product widely used, and now she's on the call, and she's clicking on this button, and nothing is happening. And I can see that just getting straight, you know, she's like, Oh, my goodness, it works every other time. Like, you know, and she's you can tell initially, she's trying to like, just make it work. And then she's like, I'm not really sure why it's not working. And I said, it's fine. Let's focus on, you know, what, like, what's supposed to happen, let's talk about this, and go through it. Because there's, there's a piece of that, you know, that it's, there's, there's something going wrong. And in that moment, you can see the stress, you can see the competence, she was completely thrown off what she was doing. And so we It took them a few minutes to kind of get things back on track, and we carried on but you know, when things go wrong, it immediately shakes the confidence.
So if I go back to the, you know, initial discussion I was having with my client, and we were talking about, you know, this opportunity coming up, and, and she was very open and honest about, you know, being nervous. And, and the decision is, hey, like, let's, let's jump, let's make this happen. And so, you know, I was thinking about it after, and so I wanted to chat about it here on the episode because, you know, I thought why in some instances what I say jump and why in other instances what I say hold, because opportunities come up all the time. Some opportunities are better than others, you know, how? How can that be decided upon, and I really kept coming back to the piece of determining the root cause or the, you know, the real reason for the apprehension. And if I, if I really think about it, in this instance, that the apprehension really came down to was the insecurity but really just the unknown, being a little nervous to take that first step, and things not being white finished. And then I think, okay, fast forward 30 days, would anything be different? And I would say no, because no matter what, you're still never going to have the it's never going to be perfect. And I would say, you know, to say this comment that I hate, you know, Done is better than perfect.
It still comes back to what are the possible opportunities or possible gains from saying yes. What are the possible downsides? To saying yes, and really evaluating them at the core. So in this instance, sure, we're not 100% ready already. You know, I say a product wasn't ready. And when I say product that could be you know, a digital product or digital service. You know, if something is not ready to accept payment, that I would say hold in most situations, but if you are ready to accept payment, it's time to jump in. So realistically, it comes to one of the first pieces as you're building your business or launching a new service or going into a new area, any kind of growth.
The focus realistically needs to be on turning the lights on, meaning the focus needs to be on what are the steps that are going to get me and my business ready? Am I ready may mean accepting payment. Because, you know, fiddling with the back, you know, background on a website or little change of this or, you know, printing a business card or getting a tshirt done or, you know, changing the ending of a video, all of these pieces, they are about fine tuning, your business can exist, realistically, without almost everything, there is a very successful coach on the online space. And it wasn't until we really, you know, we were working on something else. And we were chatting about business. And, you know, she was talking about when she started. She just used bait, like she had a PayPal link to accept payment. She didn't have a website, she didn't have anything else, she just would connect with people. And she would send them this PayPal Request link, people would pay her and she would use it like a virtual classroom, webinar type set situation. And she would teach class. And now, you know, we were kind of talking about how far business has come and how, you know, there's so much progression, but at the same time there was also so much complexity.
She had the ability to deliver the service, and she had the ability to collect payment. And so she was ready to turn the lights on, she's ready to say I'm in business. And so when we're laying out these plans and dates and timelines and tasks, the question really needs to be, number one, what is the apprehension, because if you have no way to collect payment, or you have no way to actually deliver the service, right now you just have an idea, then perhaps jumping into the selling, might be premature, not in all situations. And so I'll come back to that. But if you have the ability to deliver and accept payment, and what stands in your way, is you, it's your nerves, it's your, you know, I want this to be more done, I want this to be better than all of these pieces. It's time to jump. And so to come back to say, you know, things don't always have to be completed entirely before you sell them.
What happens then walk, you know, like, let's walk through this example here. You come up with an idea, you figure out how you're going to create the idea, you go through weeks of development, you create the web page, you create all of these pieces, you create some, you know, launching social media graph, whatever Mark whatever your marketing looks like. And you launch, you know, at this point, maybe you're, you know, 80 hours into this product you have, you know, everything front back. And when I say products in a service based business that could be a service but your product is your, what you're bringing to the market to sell and crickets. You launch and nothing happens. This is a problem. Because now you're many hours into building this out and it falls flat. You do not have what they call product market fit. At this point, you have a couple choices. Number one, of course we can fine tune. But number two, we can also say scrap it. Number three, you could review and kind of take bits and pieces. The problem is it's sometimes a lot easier to massage your offer if you're not so far down the path of One Direction. So if you have this idea, and you're not sure that this is going to, you know, be your next top seller. It's really good too, you know if you could take it to your current audience, you could, you know, speak to a few others. But at the same point you want to bring it To gather enough that you can discuss it, but not so much that you have invested hours and hours and hours into developing something that you don't know if anybody wants, it really is important to know that your service product solves a challenge of your ideal audience. And so often we need to know enough to get that sample, maybe you know, in, in a service, you could put together a beta program, this is very common in the tech space, people will launch a beta. And so sometimes that's slightly discounted, because you're going to be a part of the launch. And often, you know, people might really like or enjoy one part of something that you didn't anticipate, that would be so popular. And maybe you end up going a little further on a specific feature or service.
When you are not overly committed to one thing. When you still have that flexibility, you are not worried about well, I know, we've we've all been in the spot where you think, at this point, I am 80 hours into a project. And I don't want to give up because I'm 80 hours into the project. You know, that side of us could be a waste of time. But on the other hand, you're like, I'm 80 hours into the project, and it's not going anywhere. When do you decide, hey, I need to pull, I need to pull the shoe I need to get out of this. It is so much easier to have that decision and discussion with yourself if you're only 10 hours into the project and 15 hours into the project. So I want you to truly think as you're launching these new services or offers or whatnot, that you want to know that somebody wants that product or service, before you invest a significant amount of time into building it.
So what are other ways that we could do something similar? What are other ways we can find product market fit? Because realistically, your whole business needs to have product market fit, you have to know that people want what you are offering? And so doing some research in terms of are there other businesses that are offering what you're offering? What kind of keywords are people searching for? Do people know that they need what you have? And so if we go back to, you know, accepting these opportunities and knowing when to jump and when to hold, it really becomes a part of a bigger strategy, right from the beginning, and establishing that you have the product or service that people want. And then deciding what are the steps that are going to get you from here to ready to deliver and ready to accept payment. Some things can come after that. Because realistically, if you get to them you're ready to deliver and accept payment, and nothing happens. Well, then you didn't need the next 15 steps that come after that. One of the pieces of developing the strategy truly comes down to what is the minimum requirement for you to move forward and establishing that he's that makes it so much easier for you to then decide, Hey, am I standing in my own way? Am I preventing this from moving ahead? Because as entrepreneurs who, you know, we talked about how everybody does so many different things. We all myself included default to what we feel the strongest in when you have so many different tasks, so many different pieces, all of these different responsibilities, you're going to go all in you're going to lean into the ones that you know and you feel comfortable doing. So for myself, I could do you know, tech operations process all of these pieces for four weeks to avoid selling. Selling does not is not my strongest suit. As you know, prior to my entrepreneurship journey, I didn't do any sales. And so, and I think I'd actually did a little bit of sales if I think back, but it wasn't in any formal sales role and it was really um
Something that I avoided. Now when you work for yourself, and you're an entrepreneur, and we talked about, you know, at the beginning, everything is realistically on you. And so well, now we have to learn how to sell. But to this day, I will avoid doing those things and lean into other things that I feel more comfortable doing. And I have to remind myself, hey, wait a minute, in order to get this new service, new offer to market, I don't mean to do all of these other pieces, because realistically how efficient something is done from point A to point B, is really only relevant. If somebody buys it. If it doesn't get purchased, then there's nothing going from A to B, and then the efficiency ultimately doesn't really matter. And so having that clear understanding of the sequence of things that need to occur, and which must happen before you press the go button, really aids in understanding, you know, when are you almost avoiding, or you know, shying away from opportunity or whatnot, you know, when are you when, when is that being driven by lack of competence, or desire to stay in your comfort zone, or any of these pieces, you know, just doing doing what you feel comfortable in.
The fact of the matter is, being an entrepreneur is uncomfortable, but it should be uncomfortable, like when you're at the gym, and you're working out. And that's like a good pain. This is like it should be the good uncomfortable in entrepreneurship. Because when it's the bad pain, or the bad uncomfortable, that's when you know, at the gym, this is when injuries occur, when you're pushing too far over, you're not warming up properly, all of these pieces in entrepreneurship, that is, you know, that the not good, uncomfortable comes from being ill prepared, you know, pressing the Go button, before we have the ability to accept payment, or what's worse, is pressing the Go button before we actually have the ability to deliver the service.
Those pieces must be established, because on the flip side, you know it is everyone, every business owner's worst nightmare, the over promise under delivery. And so we want to be sure that we can deliver and that we can accept payment. And anything that comes after that we need to truly decide, should it prevent moving ahead and making money, your business will be so much stronger, the sooner you can start accepting payment. So don't delay, don't put off opportunities. Because you don't want to be uncomfortable. Lean into that pain.
It's so much like going to the gym. And having that good pain. It's the same as being an entrepreneur leaning into being uncomfortable. And if I think back to, you know, a number of different episodes that we've had, and some others that I've recorded that we'll launch very soon, there have been so many people, experts in a variety of different topics. All that really comes to that we must lean in, we must proceed even when we want to pull back and that really is part of being an entrepreneur. I will laugh and joke and say I have not seen my comfort zone since the day I left my previous job and started on this path of entrepreneurship. And it is truly a rewarding, beautiful journey. But not without challenges and definitely not without discomfort.
So I encourage you to lean into being uncomfortable. Recognize when your discomfort is preventing forward momentum. Really look at if you're saying no to an opportunity or you're holding back you're not you're not pushing forward. What is the root cause of this? Why are you shying away? Because if it's a fear of not being able to deliver is that fear founded is that really just insecurity and being able to decipher between some of these pieces will truly help you move forward. It will help you know what is good discomfort and what is just discomfort. And when you should be listening to your intuition, and when your intuition is possibly having a moment of imposter syndrome. When you can work through these challenges, you can continue to push and progress and continue to grow both professionally as an entrepreneur and in your business but also personally. Because when you are a stronger person, overall, when you are making decisions that come from the right place, and not from insecurity, rearing its ugly head. We as people can rise to the occasion and do amazing things in our business.
So I want to thank you for listening to the episode today. And if you have any comments or questions, please be sure to join us in the Facebook community. And that's all for this well, we are all on time for today. If you guys have not joined the service based business society Facebook community, make sure you head on over to Facebook and we can continue the conversation. Be sure to also follow the show by going to any podcast app and searching surface based business society. Click subscribe, click the fifth star and leave us a written review. Have a great week and we will see you soon