How to Monetize One Business Idea Profitably in Multiple Ways with Lorelle Maxime

Sep 23, 2020

Do you have an idea for starting a business but are stuck on how to actually make money with it? Or maybe you’re looking for a new way to monetize your current business product or service, but are not sure the best way to go about it?

Creating multiple streams of income with one idea can be daunting, but it is possible and important for business growth. Truly, monetizing ONE idea in multiple ways is the easiest way to maximize your time, business growth and make a profit.

In this week’s episode, Lorelle Maxime from The Kingdom Female Exchange joins the show to talk about how simple multi-monetization really is. Lorelle is an author, speaker, mother, and faith-led entrepreneur who teaches women how to grow their business with God as their CEO.

Lorelle’s superpower is teaching entrepreneurs to take one product idea and turn it into a multi-stream, profitable idea. This episode is packed full of examples on how to diversify your business idea, adding new profitable revenue streams to your business.

So my friend, if you are stuck and uncertain about how you’re actually going to make enough money on just one business idea, this episode is meant for you. Whether your business is based on products, services, or knowledge, you will walk away with many monetization ideas that you can try right away.

Here’s a sneak peek of the convo:

• [03:42] Lorelle describes her passion for leading kingdom female entrepreneurs.
• [07:30] The mindset you need to have about monetizing your business idea.
• [11:36] Why you need to start a business, even if you feel your offer is already available for free.
• [13:48] What does diversifying your business idea actually look like?
• [18:08] Various ways you can monetize your knowledge as a subject matter expert.
• [21:09] Expanding the ways you monetize in your product-based business.
• [28:17] What role does mindset play in leading you to monetize your business idea?
• [34:50] Lorelle shares her testimony that is guaranteed to encourage you as she talks about going through eviction and a profitable business, all by faith in God.

GRAB TODAY’S FREE RESOURCE: To download my free workbook Discovering Your God-sized Dream of Working for Yourself, along with resources mentioned in the episode, go to www.catchyourmoney.com/28

JOIN STARTING A BUSINESS THAT BANKS: My new 12-week eCourse with weekly group coaching calls will help you establish a strong business foundation, start a business with little-to-no money, and be ready to sell a product within 30 days or less. Sign up at: Starting a Business that Banks

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