In the latest episode of "The Stern Truth: Business Unfiltered," a crucial issue is addressed for entrepreneurs: Are your efforts genuinely driving your business forward, or are you trapped in a cycle of endless busyness? This episode highlights the common mistake of prioritizing tasks that exhaust you without contributing to meaningful growth. To combat this, listeners are encouraged to become intentional business owners by focusing on strategies and activities that truly matter.
A key tool discussed is the Energy Audit, a technique used to assess which tasks either drain or invigorate you. Understanding the impact of these tasks is essential since spending time on low-impact, energy-draining activities could be the reason for feeling stuck. By aligning daily actions with energizing, revenue-generating tasks, business owners can break free from burnout and create momentum.
The episode calls for a strategic shift towards building a sustainable business through focus and intentionality, rather than shouldering every task alone. Entrepreneurs are urged to listen to the podcast, conduct an Energy Audit, and align their activities with the desired outcomes of their business and life. Ultimately, success hinges not on doing more, but on doing what irrefutably impacts your business's growth.
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Too many small business owners fall into a dangerous trap tying their prices to their self-worth instead of the value they provide.
When you price based on doubt, imposter syndrome, or fear, you undercharge, overwork, and attract the wrong clients. But here’s The Stern Truth:
Your worth isn’t up for debate—your impact is.
Your clients don’t pay for your self-esteem; they pay for results. More revenue, more time, less stress—that’s what they value, and that’s what you should be charging for.
That’s where the real power is. Because when you price based on value:
- You attract clients who respect what you do and see it as an investment, not an expense.
- You free yourself from the endless cycle of overworking and undercharging.
- You set a standard that reflects the transformation you create.
So ask yourself: Are you pricing for value or pricing from self-doubt?
If so, it’s time to step into your power as a business owner.
And that, my friends, is the moment you step into the true power of being a business owner. AND THAT”S THE STERN TRUTH!
You can listen or watch more on this topic last week's THE STERN TRUTH: BUSINESS UNFILTERED episode.
