Hey Reader, Here are the 4 questions I ask myself when I'm not seeing my revenue grow: Are you spending enough time on your project or giving up to early? Give a business idea at least 6 months to a year before calling it quits. Typically, the growth I experience happens in leaps rather than a steady incline. So, you have to be consistent and patient. Are you selling something that people want? The biggest risk or riskiest assumption* in your business isn’t whether your product works — it’s whether people are willing to pay for your solution. An easy way to test this is to sell to 20 people in your audience. At least one person should buy it. If they say anything but yes, that's a no. Here’s a template: “Would you be interested in [dream outcome] in [time frame]? Best part, it’s [enter some kind of guarantee or ROI]. For example: Would you be interested in adding $10k+/mth to your business? Best part, its on a pay-on-results basis Are you getting your offer in front of enough people? You’re here if your customers like what you have, but sales are sporadic and inconsistent. You need more eyeballs to see your product, aka marketing. Building an audience is a long-term solution. So, post content, but focus on warm & cold outbound* - virtually knocking on doors. It’s the fastest way to make $10k/mo. Go on LinkedIn and message all your connections. People will respond! Are your customers churning When you provide a lot of value, customers want more from you. You have a leaky bucket if they're not asking for more. Master your process and ensure people are hitting their goals. Client results are the strongest marketing tool. *Riskiest Assumption = the belief or condition that, if proven false, would cause your entire business idea, strategy, or product to fail or lose significant value. *Warm Outbound = Reaching out to someone who has already shown interest or awareness of you, your brand, or your content. *Cold Outbound = Reaching out to someone without prior interaction with you or your business. |
Get 1 actionable tip every Saturday on how to grow your business and manage your ADHD!
Hey Reader, Today, I want to talk about how to book consistent calls and hit $10k/mo. When I launched my business, I struggled to make money. I didn’t know how to find leads. So, I posted content. I had 3 - 4 viral Reddit posts that generated a few $100/mth subscriptions, but it was inconsistent. It left me wondering How will I make any money? Does my idea suck? How can I iterate on my product if I don’t have users? Even worse, I almost ran out of money multiple times. Posting content is a...
Hey Reader, Today, I want to talk about how bad habits will steal all your time. This is an updated version of a post I made on Reddit! Bad habits are like slow leaks in a tire. You won’t see the damage right away. But they'll slow you down and leave you stranded. You can fill your tire with air, but it will eventually deflate again. When I had bad habits, I was constantly putting out fires that I created for myself. It felt like the world was stacked against me, but I was actually doing the...
Hey Reader, Today, I want to talk about how to keep your business alive. Your first idea probably won’t work, and that doesn’t mean your business career is over. You stay alive by trying something new, also known as a pivot. When you pivot, you change the Product Target audience or problem Business Model To some degree, your business should always be evolving. As you work, you will gain a deeper understanding of your users, product, and market. To win, you want to apply those learnings....