The Foundr Podcast with Nathan Chan16 Feb 2016

79: How to use Instagram to Generate Millions of Dollars in Your Niche with Deonna Monique

One common trait among successful entrepreneurs is a sense of urgency—spotting a need and responding without hesitation in order to address and capitalize on it, even when that means taking a risk. Deonna Monique is a prime example. As a consumer of hair extensions, she had long struggled with finding the right product, and what she saw as a lack of authenticity in the market. But when she realized through social media that the problem was much bigger than her own, she started a company. “I thought I was on to something,” Monique tells Foundr. “So a week after I opened my business, I quit my job. I just went for it.” Despite some serious tests of faith along the way, Monique stuck with her company Boho Exotic Studio, and ended up earning seven figures in that first year, she says. Now approaching three years in business, and she has a strong foothold, all with her chief channel of marketing being social media platforms like Instagram. Monique’s lack of hesitation, no-nonsense approach to connecting with her customers, and faith in the quality of her product and service, have added up to a stunningly fast ascent, all in the face of serious business and personal hurdles. In this interview you will learn: How to let your customer be the face of your company What to do when it feels like you've hit rock bottom as an entrepreneur The best ways to hack social media marketing to further your brand and grow your audience The perils and benefits of diving straight into building a business as a new entrepreneur The importance of looking past all the doubters and believing in yourself and your dreams & much more!

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