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Passion Doesn't Equal Profit (Why Your Idea Might Fail)

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Manage episode 511362743 series 2955891
Content provided by Sam Vander Wielen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sam Vander Wielen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

So you love something—cooking, crafting, wellness, design—and you think, this is it, this is going to be my dream business! But then… crickets. No sales, no growth, no happy dance notifications from Stripe. Sound familiar?

Here’s the thing: passion is wonderful, but passion alone doesn’t pay the bills. In this episode, I’m sharing my own story of turning my love for cooking into a failed business (ouch) and the exact lessons I learned that helped me build a seven-figure business the second time around.

I’m breaking it all down into three “chapters” so you can see how to go from high passion/low strategy → sustainable, profitable business you actually love running.

In this episode, you’ll hear…

  • Why starting a business on pure passion can actually set you up for burnout and disappointment
  • The most common mistake new entrepreneurs make when turning a hobby into a business (I made it too!)
  • How to shift from thinking about what you want to what your audience actually needs
  • What to do when the excitement wears off and the sales don’t come rolling in
  • How to tweak your idea so it’s both fulfilling and profitable

Click here to find the full show notes and transcript for this episode.

RESOURCES:


CONNECT:


DISCLAIMER

Mentioned in this episode:

Register for the LIVE legal workshop" Five Steps to Legally Protect and Grow Your Online Business Before 2025 Ends" https://www.samvanderwielen.com/live-legal-workshop

  continue reading

266 episodes

Artwork
iconShare
 
Manage episode 511362743 series 2955891
Content provided by Sam Vander Wielen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sam Vander Wielen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

So you love something—cooking, crafting, wellness, design—and you think, this is it, this is going to be my dream business! But then… crickets. No sales, no growth, no happy dance notifications from Stripe. Sound familiar?

Here’s the thing: passion is wonderful, but passion alone doesn’t pay the bills. In this episode, I’m sharing my own story of turning my love for cooking into a failed business (ouch) and the exact lessons I learned that helped me build a seven-figure business the second time around.

I’m breaking it all down into three “chapters” so you can see how to go from high passion/low strategy → sustainable, profitable business you actually love running.

In this episode, you’ll hear…

  • Why starting a business on pure passion can actually set you up for burnout and disappointment
  • The most common mistake new entrepreneurs make when turning a hobby into a business (I made it too!)
  • How to shift from thinking about what you want to what your audience actually needs
  • What to do when the excitement wears off and the sales don’t come rolling in
  • How to tweak your idea so it’s both fulfilling and profitable

Click here to find the full show notes and transcript for this episode.

RESOURCES:


CONNECT:


DISCLAIMER

Mentioned in this episode:

Register for the LIVE legal workshop" Five Steps to Legally Protect and Grow Your Online Business Before 2025 Ends" https://www.samvanderwielen.com/live-legal-workshop

  continue reading

266 episodes

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