Courage & Clarity Podcast Summary

Episode 141: The Real Cost of "Figuring It Out On Your Own"

Release Date: June 27, 2025
Host: Steph Crowder
Description:
In this insightful episode of Courage & Clarity, host Steph Crowder delves deep into the hidden costs of attempting to build a business independently. Drawing from her personal experiences and conversations with fellow entrepreneurs, Steph emphasizes the importance of strategic investments and the pitfalls of going solo without adequate support.

1. Introduction to the Mastermind Program

Timestamp: [00:00]

Steph Crowder opens the episode by announcing the enrollment for her year-long mastermind program, Sold Out Group Programs (SOGP). She highlights the program's benefits, including weekly coaching, live calls, daily community support, and comprehensive curriculum designed to help entrepreneurs scale their businesses effectively.

Notable Quote:
"If you've been wanting consistent, repeatable sales, you're tired of winging it and wondering when your next clients are coming and where they're going to come from... this is a limited capacity experience and we sell out every round."
([00:00])

2. The Pitfall of Going Solo

Timestamp: [04:30]

Steph addresses a common mindset among entrepreneurs: the belief that they can successfully navigate their business journeys alone. She shares that many individuals express satisfaction with their current progress but harbor doubts about making significant investments in programs like her mastermind.

Notable Quote:
"Things are pretty good... I could probably figure this out on my own. And this is the kicker. I want to be responsible with my money."
([05:15])

3. Steph's Personal Journey

Timestamp: [08:45]

Delving into her personal story, Steph recounts a challenging period in her business where her reluctance to invest in the right support led to significant setbacks. She openly discusses her feelings of financial hoarding and the misconception that saving money by not investing would safeguard her business.

Notable Quote:
"I used to say... I was totally the Walter White of business owners. I was lining the walls with cash."
([10:30])

She explains how this mindset contributed to her decision to step away from her business in 2021, highlighting the absence of a coaching relationship that could have provided both strategic and mindset support.

Notable Quote:
"I didn't realize at the time that I was running away. I just thought... this was the smart move."
([16:00])

4. The Importance of Strategic Investing

Timestamp: [20:00]

Steph emphasizes the necessity of viewing investments in business as opportunities for growth rather than mere expenses. She contrasts her past hesitation with her current approach, where she assesses investments based on potential returns.

Notable Quote:
"I see it as if I'm putting 15,000 in, how am I going to get $150,000 back out?"
([25:10])

Steph encourages entrepreneurs to adopt this mindset shift, ensuring that every investment made contributes meaningfully to their business objectives and growth trajectories.

5. Tools for Decision Making

Timestamp: [30:45]

Introducing a practical resource, Steph presents her Group Program Revenue Calculator. This tool is designed to help entrepreneurs quantify the potential return on their investments, making the decision to join programs like SOGP more informed and less daunting.

Notable Quote:
"If you want my Group Program calculator, I want you to really understand, put pen to paper. How many more clients would you need over the course of the year to cover your investment?"
([32:50])

She shares success stories, mentioning clients who have significantly multiplied their investments by leveraging her strategies and support systems.

6. The Cost of Inaction

Timestamp: [40:20]

Steph discusses the long-term ramifications of not addressing core business challenges. Using her own experience as a cautionary tale, she illustrates how avoiding necessary investments and support can lead to prolonged periods of stagnation and increased stress.

Notable Quote:
"The messy middle of entrepreneurship is not going to go away by itself."
([42:15])

She warns that delaying essential actions only results in extended periods of uncertainty and missed opportunities, urging listeners to take proactive steps towards their business growth.

7. Conclusion and Call to Action

Timestamp: [50:00]

Wrapping up, Steph reiterates the value of her mastermind program and the importance of timely investments in one's business journey. She encourages listeners to utilize the Group Program Revenue Calculator to make empowered decisions and invites them to join her program before enrollment closes.

Notable Quote:
"I'm wishing you the courage and the clarity to go after what you love."
([55:00])

Listeners are reminded to visit stephcrowder.com/SOGP to apply for the mastermind, access the free calculator, and engage with additional resources to enhance their entrepreneurial endeavors.

Key Takeaways:

• Strategic Investment: Viewing business expenses as investments with measurable returns can transform growth strategies.

• Importance of Support: Engaging with coaching and mastermind groups provides both strategic insights and mindset shifts essential for scaling a business.

• Avoiding Inaction: Proactively addressing business challenges prevents prolonged stagnation and fosters sustainable growth.

• Practical Tools: Utilizing resources like the Group Program Revenue Calculator aids in making informed investment decisions.

For more resources and to join Steph Crowder's Sold Out Group Programs Mastermind, visit stephcrowder.com/SOGP.