Ending the Launch-Based Adrenaline Addition - Conversation with Kristen Boss
Aug 8, 2024
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Kristen Boss, a coaching entrepreneur who revolutionized her business with launch-based marketing, shares her incredible journey from early morning Facebook Lives to generating millions. She candidly discusses the emotional toll of launch anxiety and the fatigue from chasing high expectations. Kristen emphasizes the importance of valuing relationships over transactions, transforming marketing strategies, and the shift toward sustainable revenue models. Her insights on navigating market dynamics and building trust in the coaching community are both inspiring and practical.
Sustainable business strategies require transitioning from a launch-focused model to creating monthly recurring revenue for enhanced stability.
Recognizing and addressing the emotional impacts of fluctuating launch results is essential for mental well-being and long-term success.
Deep dives
The Illusion of Successful Launches
Unrealistic expectations often arise from a single successful launch, leading entrepreneurs to believe they can replicate that success each time. This notion can distort reality, as it might give the impression that their audience is engaged, when in fact, that interest may not sustain. The psychological effects of navigating these launches include a surge of dopamine during high sales periods, followed by significant emotional lows when expectations are not met. This rollercoaster can contribute to a harmful mental state, making it crucial for entrepreneurs to recognize the need for more sustainable strategies.
Navigating Emotional Highs and Lows
The emotional aftermath of a significant launch can create feelings of anxiety and panic, especially when transitioning from a smaller to a larger audience. After experiencing a massive launch, individuals often fear losing that success, leading to a psychological spiral that can affect their overall mental health. These intense fluctuations in feelings can create a dependency on launch events as a source of validation and self-worth. To work through this, acknowledging these feelings and redefining one's emotional responses is essential for mental well-being and business sustainability.
Building a Sustainable Business Model
Shifting from a launch-focused business model to a sustainable one requires a profound transformation in how entrepreneurs view their offerings. Creating monthly recurring revenue can help cover operational costs, allowing launches to become a supplementary advantage rather than a necessity for survival. This kind of shift promotes a healthier approach, where launches serve as community-building events rather than the sole source of income. Embracing this hybrid model can lead to a more balanced relationship with launching, minimizing stress and enhancing emotional resilience.
Finding Value Beyond the Launch Cycle
It's crucial for entrepreneurs to cultivate their sense of worth outside of the results generated from launches, moving away from seeing themselves solely as salespeople. Fostering a community environment helps capture and maintain interest between launches, enhancing overall engagement and trust. Focusing on delivering consistent value can lead to more sustainable results and profitability, offering a safety net that alleviates the pressure surrounding each launch. By redefining the role of launches and integrating them with ongoing support, the experience can be transformed into a beneficial aspect of growth.
Kristen Boss's coaching business started in 2019 with pajama-clad Facebook lives at 6am. In the five years since, she's generated millions of dollars in revenue -- mostly using the launch-based marketing and sales model. After she listened to episode 19, she offered to come on the show to talk about the high highs and low lows she's experienced as a launch-based coach. I'm grateful Kristen would share her story in such an honest and vulnerable way.
Kristen serves network marketers, but I think new coaches would be wise to check out her work: https://kristenboss.com
Announcement: On May 1 I'm holding my first "Office Hours with Mark". Office Hours creates space and time for my fellow coaches to connect with me and get support. Go to https://mrkbtlr.com/office-hours to opt in for details.
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