In this episode, I had the pleasure of welcoming Kirk Nugent as my guest. We delved into Kirk's background in computer engineering and web design, along with his passion for video production. Kirk generously shared his entrepreneurial journey, detailing the challenges he encountered while transitioning from offering free services to charging for them. Throughout our conversation, Kirk underscored the significance of faith and networking in the world of entrepreneurship. He also provided invaluable advice on monetizing expertise and creating compelling content tailored to your target audience.

Show Notes

[00:00:00] Start

[00:01:45] Kirk's Fitness Enthusiasm

Kirk shares that he is a fitness enthusiast and works out for the discipline it gives him and to be able to enjoy food.

[00:03:28] Starting Komposition with a K

Kirk explains how he and his wife started their business, Komposition with a K, which initially focused on web design and later expanded to include video production.

[00:06:11] The Definition of Ministry

Kirk discusses his definition of ministry as how you serve and make an impact, including how it can also be a source of income and sustainability.

[00:07:12] The Need for Web Design in the Church

Discussion about how Kirk's wife got into web design due to a need within the church body.

[00:08:08] Creating Video Content for the Church

Kirk's interest in video and videography, starting a fitness blog, and creating videos for the church during the pandemic.

[00:10:06] Starting a Business by Serving and Trying

The importance of serving and trying in order to discover one's unique abilities and skill sets, with examples from the guest's experience in the church.

[00:14:47] The shift to charging for services

Kirk Nugent discusses the shift from doing free work to charging for services and overcoming obstacles.

[00:16:43] The importance of holding firm on prices

Kirk Nugent talks about the necessity of holding firm on prices when transitioning to full-time entrepreneurship.

[00:20:11] Expanding beyond faith-based organizations

Kirk Nugent shares tips on branching out from faith-based organizations and finding opportunities in other industries.

[00:22:12] Finding your tribe and creating opportunities

Kirk discusses the importance of finding groups and spaces where your tribe exists, and how it can open up opportunities for growth and success.

[00:23:16] Collecting experiences and adding value

Kirk emphasizes the importance of collecting experiences and how they can add value to your interactions with others, as well as mentioning his own experiences and how they have shaped his life.

[00:24:01] Monetizing through service and referrals

Kirk talks about different ways to monetize a ministry or expertise, including providing services, making recommendations, and using affiliate links. He also shares his perspective on monetization and the importance of building a steady stream of referral-based opportunities.

[00:29:26] The challenge of overcoming weakness

Discussion on how parents struggle to overcome their weaknesses and how it affects their ability to help their children.

[00:30:26] Tapping into your story for content creation

Exploration of how personal stories can be used to create authentic and natural content that resonates with others.

[00:31:19] Monetizing your ministry and increasing impact

Explanation of how monetizing one's ministry can lead to increased income and impact, and the importance of connecting with Kirk Nugent for further guidance.