If You Had $25k To Spend On Anything What Would It Be?

 If you had $25k to spend on anything what would it be? 

My answer? 

Professional development. Because to me there’s no greater investment than in myself.

A few weeks ago, I traveled to Vegas to attend an in-person mastermind event through a program designed for entrepreneurs looking to scale past 7-figures. I learned a ton and even got a few clients out of it!

I’ve been a part of some pretty high end mastermind groups over the years, and the investment ALWAYS pays off. Often times with a single piece of advice or a single exercise that gets me thinking in a whole new way. 

These groups are also a great place to make connections, and even friends!

Here are a few takeaways from this event:

• AI is the future of marketing and copywriting. Right now you can write long form sales letters, call scripts, ad copy and tons more using ChatGPT. They key to generating successful content is to train the AI with effective prompts and inputs. Pretty powerful stuff. Makes you wonder if THIS was written using AI ;-)
• The 1-3-1 rule. Don’t let your employees come to you with a problems. They come to you with their 1-3-1 when they have identified the 1 problem, 3 potential solutions, and 1 recommendation. 
• When your business gets big enough, look into forming an S Corp for the tax benefits. 
• I’ve been massively undercharging for one of my services! Speaking to my ideal customer at this event was enlightening and I discovered they would pay like 3x what I’ve been charging!

When was the last time you invested in your own professional development? Be it an online course, private lesson, training program, webinar…?

If you are an entertainment entrepreneur looking to scale your business, click here to learn more about my Entertainment Entrepreneur Incubator program.

We meet each week to go over bottlenecks and opportunities, stay accountable to your goals and KPIs, and get you closer to achieving high six-figures in your business.

It’s been amazing to see how the members of the group are already making major progress and helping each other along the way. Since we’re all in the entertainment industry, it’s a pretty cool group up to some awesome stuff.

CLICK HERE to learn more about the revenue-sharing group coaching program for entertaining professionals. 

Hope to speak with you soon. 

With gratitude,

Monica