Listen to the latest episode of trailblazers.fm listen now
Business, Creatives, Entrepreneurship

After over 10 years as a powerhouse sales executive at Fortune 500 companies, Nicole Walters quit her job live on Periscope in front of 10,000 people to start her own business.

Less than one year later, she’d grown The Monetized Life™ into a transformative lifestyle brand and helped hundreds of entrepreneurs generate millions in revenue.

Through online courses, consulting and networking, Nicole teaches everyday entrepreneurs how to use the strategies she mastered in the corporate world to build multiple streams of income out of their passions, reclaim financial independence and find provision in their purpose.

Listen On Apple Podcasts

Connect with Nicole:

Resources Mentioned:

Tweetables:

Key take aways from Nicole:

  • I am grateful for the health of my family.  They are all thriving!  We just moved to Atlanta, Georgia, and the transition went beautifully.  They started school and they’re fitting in.
  • On a business note, we just closed out Cycle 8, the 8th round, of my $1K1Day Academy Students, and everybody is just thriving.  So much growth has happened.  I’m always amazed at what God can do in just 6 weeks, and it’s just a beautiful season to be in, where I’m seeing a lot of winning in a lot of different areas. I’m just enjoying the harvest right now.
  • I am living the dream right now.  I can’t even believe.  We live in a house with 2 separate offices.  My husband just had his “quit” day.  It’s really unbelievable.  It doesn’t mean that my life is perfect.  We always have our stuff, right.  But don’t know if it can get much better than this, but I’m just grateful.
  • We, $1K1Day,  get people who are brand new to the world of entrepreneurship, but we also get people who are established in their specific fields.  So having someone like you who just understands marketing, understands branding, in that space but working on your own stuff is so valuable to everybody else because you can contribute so much.
  • You, Stephen, have so much knowledge to give and you’re not hesitant to share.  So, I’m glad that you learned and enjoyed it as well, but honestly, you were a blessing to all of us.
  • I was still on my 9 to 5 when I got the vision for $1K1Day.   I had worked in Corporate America for 10 years monetizing major corporations, so this wasn’t a huge shift for me because I was already on the product development side and the business development side.
  • I got into my Senior Executive role and I had to hit the ground running.  I had to go out there and win and meet my goals.
  • It was terrifying.  I was 26 and the next person above me was 47.  I truly was a fish out of water — a newbie, trying to make it work.  It was pretty scary but I also thought “there’s a way through all of this.”  All I need to do is formulate a system.  It was testing; it was strategizing;  and that same system is what I teach in $1K1Day — about looking at a company, a business, an opportunity and saying, “Where are the areas where we can put in a monetization strategy? How can we make this work and generate more income?”
  • In $1K1Day I look at my students like I looked at any of these businesses and applied that same thing.
  • So $1K1Day is something that was in practice for 5 years before I actually turned it into a formulated product for other people to apply as well.
  • The first round of $1K1Day I called a beta round, and that’s what everyone should call their first go at anything.  I’m out there trying to test and launch something, but I also recognize that it’s not finished until I get feedback.
  • Why would I want to automate the relationship when I can automate the systems?
  • I focus on getting the systems automated so that I can be dedicated to the relationship; and I’m there every single day answering those questions, and trying to get the results.  Because if people aren’t winning then I’m not winning.
  • I actually fundamentally don’t agree with the pre-sell concept.  I feel like that is out of integrity with the way that I like to run my business, and it’s out of alignment with the way I’ve seen corporations build.
  • Nicole Walters on what aspiring entrepreneurs should do to cope and maximize their time now while they’re still punching the clock:  The first part is your mindset and the second part is action.  One of the biggest shifts that I made that allowed me to not just prepare myself for the entrepreneurial world but also to tolerate the corporate world was to begin thinking of my workplace, my 9 to 5 job, as being preparation for my entrepreneurial life.
  • I looked at is as a training ground.  So everyday I went in enthusiastic and said to myself, “What can I take and learn from here that I’m going to apply for myself?; instead of what am I going to come and give and leave here, so that I have nothing left?”
  • It excited me and encouraged me to look at the workplace as something that was going to benefit me in my future.
  • You need to build a place to go.  A lot of us feel like we’re waiting for a magic number to be in our bank account or a certain visibility or if my instagram hits a certain amount of followers.  We set all these pretend milestones for ourselves and say, “When we get to THIS POINT — this is when I know I’ll be able to quit.”  But the truth of the matter is that it’s kind of like having kids — there’s no magic time that’s right.   You will always be a hot mess, and you will never know what’s gonna happen.  So, the reality is you just build the best that you can.
  • Hear from Nicole Walters, how to prepare for your business ventures as you prepare for life.  Go and get your website set up.  Get the education that you need.  If you haven’t figured out your brand, and you don’t know how that aligns with your audience, you need to be in this beta with Stephen!  These are simple things you can do today, that will make sure that you build a place to go tomorrow; and it will give you that confidence in knowing that you are starting on the right foot, and that you are speaking a language that your people are really going to appreciate.
  • Nicole’s currency and code operates from a place of unapologetic authenticity – what you see is what you get.
  • She also says, “Stop doing a lot of things for free!”
  • Nicole shares her genius about being strategic about each and every move.
  • Authenticity is important to my business and personal brand because it’s just easier.  It’s a lot of work to fake the funk all the time.
  • Authenticity is also important because it allows people to know that they can be authentic, too.
  • People forget that we are looking for your own brand of you.  You will speak to people who are like you.
  • There’s reel life and there’s real life.
  • We all have the ability to be a strategic thinker inside of all of us.  Strategic thinking has kept me alive.  It’s a part of survival.
  • You have the ability to be strategic in your business as well.  It really is just looking at the people that you want to serve; doing things like figuring out the alignment of your brand — who you are and your messaging.
  • “Trust me.  It’s a journey, and I need you to be excellent in the moment.”  The only way I can get people to trust me like that is because I’m very clear where they’re going.
  • I’m not a good consultant, I’m not a good business owner, if I’m not actually passing on the ability to think for yourself, independently.  I have no desire for you to be my student forever and all time, because it means I didn’t do my job.
  • My goal is to make you my peer.  My goal is to make you surpass what I’ve succeeded at.
  • No one’s ever been mad about having #Richfriends!
  • Prioritize your activities based on your revenue-related goals.  Do future casting and consider where you want to be six months from now.  That should be dictating the revenue-generating activities that you do today.

One Action To Blaze Your Trail:

  • Get on Stephen’s email list to make sure that you have great brand alignment, because no one can work with you, if you don’t have complete and total clarity — knowing who you are, why you do what you do, and who you are trying to serve.
  • Start working on building your brand.

 

Thanks for Listening!

Please help us expand the reach of this podcast. Follow and share the podcast with your friends on:
Twitter: @TBPod
Instagram: @TBPod
Facebook: /TBPod

If you're on Apple Podcasts, help us reach more trailblazers by leaving us a 5 star review! Ratings, reviews and subscribes are extremely helpful to expanding our reach within the Apple community.

MORE EPISODES