Episode 665: What I Wish I Knew When I Started My Digital Business (And Had To Learn The Hard Way)
Mar 11, 2024
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Exploring lessons learned in digital business, the importance of perseverance, launching without perfectionism, embracing expertise, and autonomy. Also, delving into accomplishment values, direct response marketing, and a digital business success training event.
Launch products without perfection to avoid delays.
Focus on one project, persevere through challenges, and keep moving forward.
Adapt offers based on feedback to find success, no need for external validation.
Deep dives
Create Before Perfecting
Don't wait to have a perfect finished product before launching, as it can lead to delaying progress. The speaker used to spend months perfecting a product before realizing that not having a finished website was their first mistake.
Focus and Persistence
Chase one project at a time and persist through challenges without giving up. The podcast highlighted the importance of focusing on one project, mentioning the value of perseverance when faced with obstacles, with a focus on continuously moving forward.
Evolution of Offers
Evolve offers based on audience and market feedback to find success. Understanding that it might take a few iterations to find the ideal offer for your audience was a key point discussed in the podcast, emphasizing the value of adapting and refining offers over time.
Permission and Expertise
Recognize that expertise does not require external validation or permission. The concept of not needing external validation to consider yourself an expert or to move forward with your goals was highlighted in the episode, empowering listeners to acknowledge their expertise independently.
The Importance of Taking Responsibility in Business Growth
Taking responsibility for the outcome of a business is crucial as the business reflects the individual's efforts. This responsibility necessitates personal growth to foster business growth. The reluctance to accept responsibility is common and often seen in scenarios like group projects where one person carries the workload. Embracing responsibility is key for personal and business development.
Transitioning from Individual Contributor to Egoless Leadership
Transitioning from being the star performer to a leader who empowers others is a significant shift in egoless leadership. Letting go of the need for personal achievement and recognition is essential for effective leadership. Teaching others to excel in their roles is a hallmark of mastering a skill or task. This transformation from individual contributor to conductor of a team acknowledges the importance of fostering growth beyond personal accolades.
Are you new to the digital, product-based or personal brand-based business? Maybe you’ve been in business for awhile now, but you’re just not getting the traction you want? I struggled for a long time and I’m always reflecting on my past and how I got to where I am today, and that’s why in this episode, I want to share the things that I wish I knew when I started, in order to help guide you on your journey!
Save these dates, June 6th, 11th and 13th, because it’s almost time again for our once a year 3-part LIVE training, The Rise of the Digital CEO! It’s where I pull back the curtain and share the most valuable pieces of what I’ve done over 17 years to now have a $12 million to $13 million a year business selling digital products, and how to do it in a fast and ever-changing market. No matter where you’re at in your business, I guarantee that you are going to hear something that you’ve never heard before, that you can apply now and that will change your business forever. So stay tuned because we have some really cool stuff coming that will absolutely blow your mind, and don’t forget to save that date, June 6th, for the start of The Rise of the Digital CEO!
We want to hear from you! If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram Stories and tag us, @jameswedmore and @jeunejenni.
In this episode you’ll hear:
How I learned that launches don’t have to be stressful
The very first big mistake I made when I started my business and one that I want you to avoid
A reminder of the role that effective communication will play in your success
How you need no more than 90-days to produce the result or outcome that you’re looking for
Why it’s often your second (or third), not your first, that will be your “home run” offer
The reason you need to understand that you’re in the direct response business, and just having marketing is not enough to be successful in this business
