Thinking of Burning Your Online Business Down? Listen to This!
Aug 28, 2023
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The podcast talks about the temptation to burn down an online business, but suggests making thoughtful pivots instead. It emphasizes the importance of creating content for online businesses and the need for an awareness platform. It also highlights the significance of considering personal factors and making rational decisions in your online business.
Consistently creating quality content allows for audience engagement and adjustment based on response, without relying on paid ads.
Messaging and clarity of offers are crucial for profitability, focusing on benefits and outcomes rather than features.
Deep dives
The Importance of Content Creation
Creating a significant amount of content is crucial for online business owners to effectively market their business. Without paid ads, consistently putting out a large volume of quality content allows for audience engagement and the ability to make necessary adjustments based on audience response. A variety of platforms, such as TikTok, act as useful awareness platforms for businesses looking to gain visibility without having to rely on paid advertising. However, it is essential to strike a balance between creating content that resonates with both the business owner and the audience, allowing for sustainable and enjoyable content creation.
Messaging and Offers in Business
The messaging and clarity behind offers play a crucial role in their profitability. Business owners should ensure that their offers have easily understandable names and concise messaging that clearly communicates the transformation or value they provide. Instead of focusing on listing features, the emphasis should be on communicating the benefits and outcomes that the offer can offer to potential customers. By fine-tuning messaging, businesses can enhance the effectiveness of their offers and improve sales without needing to completely start from scratch.
Personal Considerations Before Making Drastic Changes
Before making any drastic decisions in business, it is important to consider personal factors that may influence perceptions and decision-making. Factors such as mental health, physical health, or major life events can impact how decisions are made. Avoid making permanent decisions while in a heightened state of emotion and rather wait until calm and level-headed. Small pivots or adjustments may be all that's needed instead of completely overhauling the business model. Additionally, it's worth noting that extensive announcements for small changes may not be necessary, as they might not be as significant to the audience as to the business owner themselves.
Oh, this was a juicy one! If you have an online business I'm sure you've been here at one point or another. Things aren't going right, marketing feels hard AF, you feel bored, you feel stuck and you say "F IT! LET'S BURN IT ALL DOWN TO THE GROUND!"
Hey, I'm all for a good pivot, but I can almost guarantee that you don't have to scrap everything and start over from scratch. In this episode I get into something to look at BEFORE burning it all down to the ground and some tweaks you can make to make things more sustainable.