I Wish I Knew These Five Things Before Starting a Content Business (411)
Sep 11, 2023
auto_awesome
Learn from the host's personal experiences starting a content business in 2007 and the five important lessons he wishes he knew back then. Discover the advantages of focusing on key areas, starting a business in a niche market, and the timing of starting a business. Understand the key considerations for starting a content business, such as reevaluating your target audience and seeking guidance from mentors.
Building a loyal following first and tailoring products to meet audience needs is crucial for success.
Targeting a niche market can lead to devoted fans and establish expertise in the industry.
Deep dives
Focus on Audience First, Product Second
When starting their company, the speaker initially focused on creating specific products without considering their audience's preferences. However, after receiving feedback from their audience, they realized the importance of building a loyal following first and then tailoring their products to meet their audience's needs. This shift in approach saved them time and led to the development of successful core products such as training and events.
Embrace a Niche Market
The speaker emphasizes the advantage of targeting a niche market when starting a business. Despite initial concerns from others about their narrow audience of marketers handling content in large organizations, the speaker found that catering to this specific group allowed them to build devoted fans who then spread the idea of content marketing to a broader audience. This strategy helped them establish themselves as leading informational providers in the rapidly growing content marketing industry.
I started my first business in 2007. I squandered about two years time because I didn't understand these concepts. Here are five distinct ways you can grow your content business (that I wish I knew then).
This episode is sponsored by Lulu.com If making money with your content seems like an uphill battle, I have good news. The 2023 Content Entrepreneur Research is out: Books are among the top 3 most profitable and most utilized tactics to monetize content.Turning your content into a printed book with Lulu has never been easier.