Itâs time to take the training wheels off.
Half the reason people can't get their startup off the ground is because theyâre too focused on one thing;
money
Theyâre so tunnel-focused on making money that they skip important steps.
Obviously, every founder should be working towards their first sale, but there are right and wrong ways to do itâŠ
A wrong way would be to send out spammy emails to a huge list of contacts and hope to God you get a response. You might get a sale or two but thatâs a pretty sh*tty strategy if thatâs the only thing youâre doing.
A right way would be the following 3-Step method:
As long as your product isnât complete garbage youâll get sales because youâve already proven yourself by providing upfront value. Plus, youâll have a loyal audience that will be your very own printing press if you donât f*ck up.
So how do you provide real value?
Whether you have 10 followers or 10,000 followers you can start providing value today if you know the different kinds of value.
Hereâs a list:
Opinion: Share an opinion on a topic related to the industry your startup is in. This might not seem like âvalueâ but it provides a different perspective on something your target audience is probably interested in.
Lessons Learned: At some point, you probably sht the bed while building your startup. If youâre new to the scene, you can share a time you sht the bed in your professional career and how it helped you start your business. Explain what went wrong and what you learned from it.
Curate a list: If you know how to read, you can share a list of books that you found helpful during your startup journey. Otherwise, compile a list of tips from successful entrepreneurs and share them while giving credit. Seriously, tag who youâre taking from. Donât be an a**hole.
Share your industry knowledge: Chances are, if youâre launching a business in a certain industry, youâre somewhat knowledgeable in the space. Ask yourself, what would you want to know if you were a total n00b in the industry?
Be a connector: Do you know some solid social media accounts you know that provide value? Share them and describe how youâve found their posts helpful. This is a no-brainer that anyone can do.
Keep in mind, the platform youâre on will determine how long your content should be.
Medium, Facebook, and LinkedIn can be long-form.
Short-form content should stay on Twitter, Reddit, and Instagram.
People have sh*t to do. If you start posting 3-page long content on Twitter youâre going to look inept. Read the room.
Schedule for Success
Alright you know what kinds of value you can create.
Now what?
Create a schedule that includes posts from each value type.
An example schedule might look like this:
Monday: 1 Opinion Post & 1 Lesson Learned
Tuesday: 1 Industry Knowledge Post & 1 Curated List
Wednesday: 1 Connector & 1 Opinion Post
Thursday: 1 Curated List & 1 Lesson Learned
Friday: 1 Opinion Post & 1 Industry Knowledge Post
Post once in the morning and once in the afternoon.
Get Eyes On It
Letâs be honest, youâre probably not dripping with followers. If you are, good for you.
Something I recently learned is that value is only as good as the number of people who see it.
To get eyes on your content, you need profile visits.
To get profile visits, you need people to see your account.
To get people to see your account, you need to engage.
Provide some quick value to peopleâs posts who have an audience already. Itâs free publicity and as long as youâre not spamming links to your landing page, youâll get some attention.
Keep in mind, the beginning is rough, but everything will start to compound and youâll be glad you made it through the trenches.
Hope you enjoyed this.
If you like content like this, feel free to subscribe to my newsletter at https://founderschoice.co and follow me on Twitter @KozaDerek
That's a good practical mother*** piece of advice âșïž
"Sell a product that provides incredible value for the cost"
So you mean lower the price? I don't think lower price equals more customers, so you might as well increase it to the highest reasonable level, rather than trying to provide more for less money.
Hey Ivan,
It depends on a few factors I think.
Depending on your audience, a lower price would make it more affordable which could equate to more customers.
I know that's not always the case, but the overall message there was that your customers should feel they got more value than what they paid for.
To me, that increases loyalty and your chance of returning customers.
Plus, it's hard to pinpoint the EXACT price that would allow your customers to feel they got EXACTLY what they paid for. So when a founder is just starting out, it'd be best to price low, overdeliver, and then increase the cost when you have proof of concept.
I guess you're right there, at least about the launch. I'm launching my app soon and it will have a lifetime license in the beginning. But when your product it large enough, it's definitely time to increase
thanks for sharing this post but but m***