#118: The Art of Profiting From Your Ideas
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Mastering the art of profiting from your ideas involves more than just inventing concepts. As Dr. Terri Levine puts it, “The act of inventing ideas means nothing if you are not actively spreading those ideas to the world.” Once you’ve identified a profitable concept, the key lies in actively working on it and showing up in your market.
Actively showing up in your market helps you build a unique position, shielding you from the constant pressures of price comparison and emphasizing the distinctive value that only you can offer.
In today’s episode, Dr. Terri Levine unveils the secrets to breaking free from the constant struggle of price comparisons. Drawing from the movie ‘The Social Network,’ she discusses her perspective on leveraging ideas for success.
She outlines the steps to profit from your ideas and shares a compelling case study showcasing the effectiveness of actively sharing your ideas with the world.
Tune in for valuable insights!
You can also watch the full episode on Youtube: https://youtu.be/fuJGXmcrx3M
Key Highlights From The Episode:
[00:45] Today’s focus; How to stop price comparison
[01:44] Dr. Terri Levine’s review of ‘The Social Network’ movie
[02:44] The art of profiting from your ideas
[03:27] Steps to profit from your ideas
[03:32] #1 Humility
[03:56] #2 Actively share your ideas with the world
[04:38] A case study highlighting the effectiveness of actively sharing your ideas with the world
Golden Nuggets:
• Good movies offer new details and perspectives upon rewatching. [01:29]
• “Inventing new ideas means nothing if you are not actively spreading those ideas to the world.” ~Dr. Terri Levine [03:02]
• Actively sharing your ideas with the world puts you in front of your market and reminds them of your presence. [04:25]
• Actively showing up in your market helps you build a unique position for yourself in the market. [06:16]
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Want More!?
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167 episodes