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Sunk cost is the "perceived" cost that makes us refuse to step away from something we've spent time or money on, even though that's the sensible thing to do.
It is also the reason most entrepreneurs are "stuck" in the business.
In this episode, business strategist Michelle Hon talks through why it happens and how it impacts your business, and shares strategies to overcome and use it to advantage.
If you enjoyed this episode, please leave a review for the podcast!
Link:
How to build an evergreen & scalable sales machine: https://www.momboss.academy/salesmachine
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Please subscribe if you don't want to miss any future episode or you can get the world's best mompreneurship inspiration, motivation, and advice delivered straight to your inbox at https://www.momboss.academy
FOLLOW ME:
➳ Instagram: https://www.instagram.com/thechillmom
➳ Facebook: https://www.facebook.com/thechillmom
➳ Contact: [email protected]
ABOUT:
10 years ago, Michelle Hon started a blog from home and turned it into a more than half a million dollar revenue business. Today, she's an author, speaker, business coach, investor and she's leading 5 businesses, from F&B, publishing, digital marketing to education.
Michelle's blog has generated more than 3 million views, and thousands of women-entrepreneurs have completed her business growth online courses and videos. Her story has been featured on Channel News Asia, Lifetime Asia, The Asian Money, Parenting World and more. In 2019, Zine named her one of the Top 10 Mom Influencers in the World.
She is the recipient for the Mentorship Award at 2022 World Women Organisation (WWO) Global Leadership Conference for the impact she has made.
Are you struggling to boost your sales?
Tune in to this episode where I share the most important selling trick that you can do it in just 30 seconds!
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If you enjoyed this episode, please leave a review for the podcast!
Please subscribe if you don't want to miss any future episode or you can get the world's best mompreneurship inspiration, motivation, and advice delivered straight to your inbox at https://www.momboss.academy
FOLLOW ME:
➳ Instagram: https://www.instagram.com/thechillmom
➳ Facebook: https://www.facebook.com/thechillmom
➳ Contact: [email protected]
ABOUT:
9 years ago, Michelle Hon started a blog from home and turned it into a more than half a million dollar revenue business. Today, she's an author, speaker, business coach, investor and she's leading 5 businesses, from F&B, publishing, digital marketing to education. Michelle's blog has generated more than 3 million views, and hundreds of students have completed her business growth online courses and videos. Her story has been featured on Channel News Asia, Lifetime Asia, The Asian Money, Parenting World and more. In 2019, Zine named her one of the Top 10 Mom Influencers in the World.
Recently I got a question from one of my subscribers about her sales struggles. She is struggling with these troubles: People can't afford her prices, aren't interested in buying right now and feel like she is too expensive than her competitors.
This is a very important topic for every entrepreneur out there today. So, I decided to shoot a podcast episode on "The 2 key things you need to focus on if you want to hit 10k/month in 2023."
In this episode, I shared:
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If you enjoyed this episode, please leave a review for the podcast!
Please subscribe if you don't want to miss any future episode or you can get the world's best mompreneurship inspiration, motivation, and advice delivered straight to your inbox at https://www.momboss.academy
FOLLOW ME:
➳ Instagram: https://www.instagram.com/thechillmom
➳ Facebook: https://www.facebook.com/thechillmom
➳ Contact: [email protected]
ABOUT:
9 years ago, Michelle Hon started a blog from home and turned it into a more than half a million dollar revenue business. Today, she's an author, speaker, business coach, investor and she's leading 5 businesses, from F&B, publishing, digital marketing to education. Michelle's blog has generated more than 3 million views, and hundreds of students have completed her business growth online courses and videos. Her story has been featured on Channel News Asia, Lifetime Asia, The Asian Money, Parenting World and more. In 2019, Zine named her one of the Top 10 Mom Influencers in the World.
Have you ever wondered what you would tell your younger self if given the opportunity?
If only you could go back and prepare for the challenges ahead.
Maybe there are a few things you wish you knew before starting a business. So, in this third episode of our MomBoss Chat we spoke to Diana Lai, Founder of Bunny Lashes and Jasmine Chua, Founder & Interior Designer of Frosh Design Studio on what they wish they knew before getting started.
What we covered in the chat:
Key takeaways from the chat:
If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram Stories, and tag me @thechillmom.
About MomBoss Chat
MomBoss Chat is a conversation led by Michelle Hon and MomBoss Academy students who share their personal stories, experiences and tips.
It provides uncensored insight into the realities of moms building a business while raising a family.
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If you're looking for coaching and support in your business journey, Momentum is the best place to get access to me!
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If you enjoyed this episode, please leave a review for the podcast!
Please subscribe if you don't want to miss any future episode or you can get the world's best mompreneurship inspiration, motivation, and advice delivered straight to your inbox at https://www.momboss.academy
FOLLOW ME: ➳ Instagram: https://www.instagram.com/thechillmom ➳ Facebook: https://www.facebook.com/thechillmom ➳ Contact: [email protected]
ABOUT:
9 years ago, Michelle Hon started a blog from home and turned it into a more than half a million dollar revenue business.
Today, she's an author, speaker, business coach, investor and she's leading 5 businesses, from F&B, publishing, digital marketing to education. Michelle's blog has generated more than 3 million views, and hundreds of students have completed her business growth online courses and videos. Her story has been featured on Channel News Asia, Lifetime Asia, The Asian Money, Parenting World and more. In 2019, Zine named her one of the Top 10 Mom Influencers in the World.
Have you ever wondered if you were born or made?
That's the topic we are covering in the second episode of MomBoss Chat with Diana Lai, Founder of Bunny Lashes and Jasmine Chua, Founder & Interior Designer of Frosh Design Studio, as we take a look at how motherhood can lead to entrepreneurship.
What we covered in the chat:
Key takeaways from the chat:
If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram Stories, and tag me @thechillmom.
About MomBoss Chat
MomBoss Chat is a conversation led by Michelle Hon and MomBoss Academy students who share their personal stories, experiences and tips.
It provides uncensored insight into the realities of moms building a business while raising a family.
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If you're looking for coaching and support in your business journey, Momentum is the best place to get access to me!
-------
If you enjoyed this episode, please leave a review for the podcast!
Please subscribe if you don't want to miss any future episode or you can get the world's best mompreneurship inspiration, motivation, and advice delivered straight to your inbox at https://www.momboss.academy
FOLLOW ME: ➳ Instagram: https://www.instagram.com/thechillmom ➳ Facebook: https://www.facebook.com/thechillmom ➳ Contact: [email protected]
ABOUT:
9 years ago, Michelle Hon started a blog from home and turned it into a more than half a million dollar revenue business.
Today, she's an author, speaker, business coach, investor and she's leading 5 businesses, from F&B, publishing, digital marketing to education. Michelle's blog has generated more than 3 million views, and hundreds of students have completed her business growth online courses and videos. Her story has been featured on Channel News Asia, Lifetime Asia, The Asian Money, Parenting World and more. In 2019, Zine named her one of the Top 10 Mom Influencers in the World.
Hear how Michelle coached Jaymie on how to upsell and get her clients to continue working with her.
This is an episode for coaches and service providers who work on a longer term basis with their clients.
Links mentioned in this episode:
MomBossGoal: https://www.momboss.academy/mombossgoal-waitlist
Jaymie's Becoming Peaceful Course: https://mymumdiaries.com/course/
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If you enjoyed this episode, please leave a review for the podcast!
Please subscribe if you don't want to miss any future episode or you can get the world's best mompreneurship inspiration, motivation, and advice delivered straight to your inbox at https://www.momboss.academy
FOLLOW ME:
➳ Instagram: https://www.instagram.com/thechillmom
➳ Facebook: https://www.facebook.com/thechillmom
➳ Contact: [email protected]
ABOUT:
9 years ago, Michelle Hon started a blog from home and turned it into a more than half a million dollar revenue business. Today, she's an author, speaker, business coach, investor and she's leading 5 businesses, from F&B, publishing, digital marketing to education. Michelle's blog has generated more than 3 million views, and hundreds of students have completed her business growth online courses and videos. Her story has been featured on Channel News Asia, Lifetime Asia, The Asian Money, Parenting World and more. In 2019, Zine named her one of the Top 10 Mom Influencers in the World.
I launched my very first online program, #MomBossGoal via a live webinar. In fact, we ran the launch even before the program was fully ready.
We acquired 1500 leads and made more than $21,000 in revenue from that very first launch.
Since then, live webinar launches have been our main strategy for filling up our courses, programs and memberships.
In today's episode, I shared:
And if you are interested to learn how to run a successful webinar launch, join me on my NEW live training - Million Dollar Webinar Blueprint where I will share the 7 steps you need to fill your programs, courses and sell your products via a webinar.
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If you enjoyed this episode, please leave a review for the podcast!
Please subscribe if you don't want to miss any future episode or you can get the world's best mompreneurship inspiration, motivation, and advice delivered straight to your inbox at https://www.momboss.academy
FOLLOW ME:
➳ Instagram: https://www.instagram.com/thechillmom
➳ Facebook: https://www.facebook.com/thechillmom
➳ Contact: [email protected]
ABOUT:
9 years ago, Michelle Hon started a blog from home and turned it into a more than half a million dollar revenue business. Today, she's an author, speaker, business coach, investor and she's leading 5 businesses, from F&B, publishing, digital marketing to education. Michelle's blog has generated more than 3 million views, and hundreds of students have completed her business growth online courses and videos. Her story has been featured on Channel News Asia, Lifetime Asia, The Asian Money, Parenting World and more. In 2019, Zine named her one of the Top 10 Mom Influencers in the World.
I am so excited to share this episode with you. This is our first ever MomBoss Chat series where I brought in 3 amazing mompreneurs - Elaine Felicity, Co-Founder & Educator of The Home Education Online, Jasmine Chua, Founder & Interior Designer of Frosh Design Studio and Rosy Lim, Founder of Cherelle Beauty, to share how they balance having a family and running a business.
What we covered in the chat:
Key takeaways from the chat:
If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram Stories, and tag me @thechillmom.
About MomBoss Chat
MomBoss Chat is a conversation led by Michelle Hon and MomBoss Academy students who share their personal stories, experiences and tips.
It provides uncensored insight into the realities of moms building a business while raising a family.
------
If you're looking for coaching and support in your business journey, Momentum is the best place to get access to me!
-------
If you enjoyed this episode, please leave a review for the podcast!
Please subscribe if you don't want to miss any future episode or you can get the world's best mompreneurship inspiration, motivation, and advice delivered straight to your inbox at https://www.momboss.academy
FOLLOW ME: ➳ Instagram: https://www.instagram.com/thechillmom ➳ Facebook: https://www.facebook.com/thechillmom ➳ Contact: [email protected]
ABOUT:
9 years ago, Michelle Hon started a blog from home and turned it into a more than half a million dollar revenue business.
Today, she's an author, speaker, business coach, investor and she's leading 5 businesses, from F&B, publishing, digital marketing to education. Michelle's blog has generated more than 3 million views, and hundreds of students have completed her business growth online courses and videos. Her story has been featured on Channel News Asia, Lifetime Asia, The Asian Money, Parenting World and more. In 2019, Zine named her one of the Top 10 Mom Influencers in the World.
How do you write an email or a caption that grabs your customer's attention?
It's not talent. It's not with fancy words.
Let's face it - most of our communication with our customers these days happen online and in written form.
What do you need to know so that the words you use, can increase leads and sales conversion for your business?
And in this episode, I'm sharing a snippet of our copy & content creation training inside Momentum Membership at MomBoss Academy. We covered:
Listen in!
Join the waitlist for Momentum: https://www.momboss.academy/momentum
If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram Stories, and tag me @thechillmom.
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If you enjoyed this episode, please leave a review for the podcast!
Please subscribe if you don't want to miss any future episode or you can get the world's best mompreneurship inspiration, motivation, and advice delivered straight to your inbox at https://www.momboss.academy
FOLLOW ME: ➳ Instagram: https://www.instagram.com/thechillmom ➳ Facebook: https://www.facebook.com/thechillmom ➳ Contact: [email protected]
ABOUT:
9 years ago, Michelle Hon started a blog from home and turned it into a more than half a million dollar revenue business.
Today, she's an author, speaker, business coach, investor and she's leading 4 businesses, from F&B, publishing, digital marketing to education. Michelle's blog has generated more than 3 million views, and hundreds of students have completed her business growth online courses and videos. Her story has been featured on Channel News Asia, Lifetime Asia, The Asian Money, Parenting World and more. In 2019, Zine named her one of the Top 10 Mom Influencers in the World.
Ask yourself these very confronting questions and then have the courage to build your life around your answer.
Most people would rather bury their heads in the sand and then wonder, "What had I done with my life?" when it's too late.
But not you. If you truly care about what you do and you work diligently at it, there's almost nothing you can't accomplish.
Discover Your Calling Challenge: https://www.momboss.academy/discover-your-calling
If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram Stories, and tag me @thechillmom.
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If you enjoyed this episode, please leave a review for the podcast!
Please subscribe if you don't want to miss any future episode or you can get the world's best mompreneurship inspiration, motivation, and advice delivered straight to your inbox at https://www.momboss.academy
FOLLOW ME: ➳ Instagram: https://www.instagram.com/thechillmom ➳ Facebook: https://www.facebook.com/thechillmom ➳ Contact: [email protected]
ABOUT:
8 years ago, Michelle Hon started a blog from home and turned it into a more than half a million dollar revenue business.
Today, she's an author, speaker, business coach, investor and she's leading 4 businesses, from F&B, publishing, digital marketing to education. Michelle's blog has generated more than 3 million views, and hundreds of students have completed her business growth online courses and videos. Her story has been featured on Channel News Asia, Lifetime Asia, The Asian Money, Parenting World and more. In 2019, Zine named her one of the Top 10 Mom Influencers in the World.
From the publisher's feed