Meghan Alonso, who owns Imua Services, is known for her medical device podcast, videos, and industry connections. She’s a patriotic military wife, pet parent, and has founded 4 businesses. After guiding several companies through medical product development, she just launched her program “Invention Idea to Profitable Product” to help thousands more.

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Resources Mentioned:

• Audible – Get a FREE Audiobook & 30 day trial if you’re not currently a member!
• Infusionsoft – Meghan’s small business resource
• The Purpose Driven Life – Meghan’s Top Business Book
• Connect with Meghan on Twitter, LinkedIn, Facebook or on her website
• The Freedom Journal – Set & Accomplish your #1 goal in 100 days!
• Skills on Fire – Get quick and powerful tutorials on Snapchat, Instagram and Facebook Live!

3 Key Points:

1. An entrepreneur’s scope of work is always going to change.
2. Look at adding value in other peoples’ lives.
3. Make any partnership or business relationship formal.

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Time Stamped Show Notes

(click the time stamp to jump directly to that point in the episode.)

• [01:14] – There’s always a need out there
• [02:19] – Value Bomb Drop: Focus and do market research. Spend time defining your product requirements
• [04:10] – Before showing people you can boil the ocean, boil a cup of water first
• [05:10] – What is something you’ve changed your mind about in the last 6 months? Getting into first class. A colleague gave some advice: Try to get in first class as much as you can when you’re flying
• [05:40] – You should always talk to people on planes
• [06:09] – Always be looking to add value to other peoples’ lives
• [08:38] – Worst Entrepreneurial Moment: I helped someone start a company a few years back and I was overly optimistic. I worked with this guy building a $2.5M biz, but had nothing formalized. It ended up not working out
• [11:08] – You can make things happen
• [12:14] – Entrepreneurial AH-HA Moment: When I first started, I was the big connector. After a while, I realized I should become the resource
• [13:53] – What is the one thing you are most FIRED up about today? Spending time meeting peoples’ needs with a system
• [14:13] – Meghan’s system and program that gets people from bootstrapping to knowing whether the idea is business worthy
• [14:57] – Beta version of Invention Idea to Profitable Product available for Fire Nation
  • [15:05] – There are 10 slots FOR FREE
  • [15:15] – Once the program is refined, persons with slots can go through it again for FREE!
  • [15:17] – If you’re listening, go to Imua Services to sign-up
  • [15:43] – Text the word Invention to 44222
  • [15:52] – The first five to send an email to Meghan right after signing up get a signed Freedom Journal!
• [18:10] – The Lightning Round
  • What was holding you back from becoming an entrepreneur? – The confidence to lead the charge
  • What’s the best piece of advice you’ve ever received? – Not everyone you meet will respect you right away
  • What’s a personal habit that contributes to your success? – Setting and accomplishing goals with The Freedom Journal
  • Share an internet resource, like Evernote, with Fire Nation – Infusionsoft
  • If you could recommend one book to our listeners, what would it be and why? – Put a Shark in Your Tank (coming out this winter!) & The Purpose Driven Life
• [21:21] – Find out what your purpose is and always go after that
• [21:32] – Connect with Meghan on Twitter, LinkedIn, Facebook or on her website

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!

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