291: Turning a side project into a flourishing enterprise (and discovering your purpose along the way) - with Mark Masters

CRANK THE 3RD: Exploring the entrepreneurial + creative side of life post 50

This episode is for anyone who's closing in on 50 years of age, or maybe you're older but your professional purpose still eludes you.

Perhaps you've been running a business for ages but you want to extend your entrepreneurial boundaries and pivot into doing something different, something that is more interesting and meaningful than what you're doing currently?

If so, you're going to love this conversation with Mark Masters, founder of You Are The Media, as we discuss his journey of discovering purpose through continuous effort.

Mark's story is a testament to the power of persistence, as he shares how a side project evolved into a thriving community-driven business.

Mark takes us through his transformation from running a small but traditional marketing and advertising agency to building a fully sustainable marketing learning community called You Are The Media.

He emphasises the importance of finding your voice and choosing yourself, rather than waiting for opportunities to come knocking.

Evolution of a side project

We discuss how Mark's newsletter, which began in 2013, gradually grew into a multifaceted platform including:

• A paid membership space
• Live events across the UK
• Educational initiatives

Mark highlights the challenges and rewards of nurturing a side project into a full-fledged business, stressing the value of patience and persistence.

Building a community-centric business

A key theme of our conversation is the shift from a "me-centric" to a "we-centric" approach in business.

Mark shares insights on:

• Creating opportunities for community members to step up and lead
• Fostering a culture of mutual support and learning
• The importance of trust in delegating responsibilities

Finding purpose and staying relevant

For professionals in their third decade of business, Mark offers valuable advice on:

• Aligning your values with your work
• The power of continuous learning and adaptation
• Embracing new challenges to maintain relevance

We also touch on the loneliness of entrepreneurship and how joining communities can combat isolation and fuel personal growth.

Key takeaways for aspiring community builders

Mark provides practical tips for those looking to start their own communities:

1. Choose a medium you're passionate about and can consistently produce
2. Align your project with your core values
3. Focus on participation and engagement, not just content creation
4. Be patient and prepared for the long haul
5. Join other communities to learn and grow

This conversation is a must-listen for anyone looking to find their purpose, build a community-driven business, or stay relevant in an ever-changing professional landscape.

QUOTABLE QUOTES FROM MARK

"I realized that the strength is when you feel a part of a community with everybody, with everyone else on your side. Community is central to what I do."

"I am an example of how a community became the business and that's really empowering."

"Side projects can be risky, but they can also create the most joy and reward that we've ever stepped into."

"I'm with my heroes now and that's a liberating place to be."

CONNECT WITH MARK

• Website
• LinkedIn