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The Experience Formula

Meaning Vs Money: The One Thing You Need to Build a Meaningful, Profitable Business that Makes a Difference in The World

I’ve watched it happen again and again

Talented, hard working entrepreneurs who give everything they’ve got to build a profitable business.

They invest thousands of dollars — sometimes hundreds of thousands — on high end business programs, retreats, and top coaches.

They learn all they can about online business strategies, sales and marketing.

They network like there’s no tomorrow.

But they fail, anyway.

Some end up in debt. Some go back to the 9-to-5 world, their spirits crushed.

And, all the while, the solution was right in front of them.

Yes, it’s important to focus on profit (a business is not a business without profit — it’s a hobby) but so often we get caught up with creating income that we forget the ONE thing that will keep the business alive today, tomorrow and for years to come…

I’m talking about the BIG, bold reason why your business exists.

The truth is most people (and this includes me) find it challenging — even impossible — to consistently motivate themselves when it’s just about the money.

That’s why focusing on a greater cause — a cause that’s beyond personal gain — is crucial.

If you want a business that stands the test of time…

A business that inspires excitement, enthusiasm and energy

A business that gives you fulfillment because you know you’re doing something significant, something meaningful

You need to think about more than money.

You need to think about impact… about giving back.

You need to think about how you want to contribute and serve on a bigger scale.

I’ve worked with thousands of entrepreneurs over the years and if there’s one thing I know for sure, it’s this…

You’ll let yourself drop the ball — or even give up — when you know the only person you’re letting down is you.

But when you know you’re playing for much higher stakes…

When you know that giving up on your business means giving up on a bigger cause, you’ll find the drive, persistence and motivation to push through the obstacles, challenges and problems that are a big part of an entrepreneur’s journey.

Finding that bigger meaning — the larger reason why your business exists — isn’t just something you should do, it’s something you must do.

This is a message I share with my students and clients and it’s a message that I’m integrating more and more in my own business.

When we were in the early stages of planning my signature course, Experience Product Masterclass, I decided to give my students “superbucks” if they hit “mission accomplished” within the duration of the program (the mission is to design, market and make $2,000 or more in 10 weeks or less with an Experience Product).

Students who hit the goal received 10% of what they earned — up to $1,000 in superbucks — which they could use as credit towards future work with Live Your Message.

Everyone loved the idea and it worked really well for a couple of years but then something unexpected happened…

I started to realize that getting my students to purchase more products from Live Your Message with their hard-earned superbucks didn’t feel like enough of a “big, bold reason.”

It didn’t feel like I was contributing or giving back all that much.

I wanted to continue offering the superbucks experience but I was ready to make it even more meaningful, more impactful, more empowering and motivational for my students and for myself.

For a while I felt stuck and uncertain about how to move forward… then I had a breakthrough.

What if gave my students more options?

What if they could also choose to use their superbucks to sponsor someone else to go through Live Your Message programs?

Or contribute to the Live Your Message Foundation which is a scholarship fund I’ve set up for people who can’t afford to go through my programs and products?

Essentially, these “pay it forward” opportunities would allow my students to give back and make a difference in someone else’s life.

And I know for sure that the chance to use their superbucks to help others will prove to be far more motivating for a lot of my students than just using their superbucks to help themselves.

Re-designing the “superbucks experience” inspired me to reflect on a deeper question…

How I can go even bigger and bolder with Live Your Message?

Here’s what I came up with…

I want the Live Your Message Foundation to ultimately fund international art, media and entrepreneurship projects…

Projects that ignite our imagination and inspiration

Projects that allow us to reimagine, re-envision and — eventually — recreate the world we live in.

This is my biggest boldest reason to be in business right now and it inspires me to keep going, keep growing and keep doing what I do so I can make a real difference in the world.

Knowing that I’m moving toward a powerful, potentially world-changing cause gives me a level of drive and inner purpose that’s beyond anything, I’ve ever experienced.

It’s a feeling that gets me through the toughest days.

It’s a feeling that motivates me and fires me up…

It’s a feeling that’s beyond compare.

It’s what I want for you to experience in your business and in your life.

So, let me ask you…

What’s the biggest, boldest reason for your business? The one that’s going to turn your drive, inspiration, creativity and persistence all the way up to the max?

The one that will bring you the success and impact that you desire?

Think about it right now, and share in the comments below…I’d love to know!

Love it? Hate it? Let me know...

  1. Eilat Avatar
    Eilat

    Hi Marisa
    Thank you for this post. It is both inspiring and affirming for me. I have been in this mindset for my business based on my about-to-be-published book “If you loved yourself, what would you do now?’ which is a simple tool to learn how to listen to your Truth and follow it. It’s very much in line with what you teach. I know that speaking about and teaching this topic is incredibly nourishing for me but I also see the massive impact it has on people as they become liberated to listen to their own knowing and follow their Truth to the life they long for. I absolutely love it. I see them pop into their ‘light-body’ right in front of my eyes.
    What is the greater impact? Its helping to create a world that is love-based and authentic, where people feel self-respect and enthused to be here and shine in their full glory.
    Your post gives me the impetus to focus on that even more and I know that will excite and empower me even further for this path I am on. My Truth.

    1. Marisa Murgatroyd Avatar
      Marisa Murgatroyd

      Aw Eilat, thank you SO much! And I LOVE your message. You’re providing an amazing gift to the world — one that we all desperately need right now. Keep it up! 🙂

  2. EmpowernatorJune Avatar
    EmpowernatorJune

    EmpowernatorJune(tm) Business exists because I want every person, company and country to excel by utilizing technology that makes a difference in their lives.

    1. Marisa Murgatroyd Avatar
      Marisa Murgatroyd

      This is great! But how will technology help them specifically? I’d invite you to get very detailed to really ground yourself in the impact you’re making in the world.

  3. DEEPAK BHATTARAI Avatar
    DEEPAK BHATTARAI

    Great! loved the information

    1. Marisa Murgatroyd Avatar
      Marisa Murgatroyd

      Thank you!

  4. bailiane.com Avatar

    An impressive share! I’ve just forwarded this onto a coworker who had been doing a little research on this.
    And he actually ordered me breakfast simply because I found it for him…
    lol. So let me reword this…. Thanks for the meal!! But yeah, thanx for spending some time to talk about
    this issue here on your blog.

    1. Marisa Murgatroyd Avatar
      Marisa Murgatroyd

      Lol wow, that’s amazing! So glad you and your friend got so much out of it! 🙂

    1. Marisa Murgatroyd Avatar
      Marisa Murgatroyd

      Thank you! 🙂 So glad you enjoyed it

  5. gralion torile Avatar

    You have mentioned very interesting points! ps decent site.

    1. Shannon Avatar
      Shannon

      We appreciate it!

  6. vídeos corporativos Avatar

    Some truly nice and useful info on this site, also I conceive the pattern has superb features.

    1. Shannon Avatar
      Shannon

      Thank you for sharing! Marisa and the team appreciate it so, so much!

  7. cena zlata Avatar

    Hi, i think that i saw you visited my website so i came to “return the favor”.I’m trying to find things to enhance my website!I suppose its ok to use some of your ideas!!

    1. Shannon Avatar
      Shannon

      Sure thing!

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