The Graham Cochrane Show

Are you afraid to start a business because you feel that the topic or niche you're serving is an oversaturated market?   Are you stuck in a business that you've already started and think it's because of market saturation?   What if I told you that market saturation is actually a good thing?   That might sound a bit crazy but trust me it's true.   Today I want to help change your mindset on market saturation plus give you three tips to start (or grow) your business even if the market is saturated!

There’s this “motivational” video on YouTube that’s a compilation of Elon Musk interviews (billionaire founder of Tesla and Space X) called WORK EVERY WAKING HOUR.   In it Musk actually shares some fascinating thoughts that I found very inspiring indeed - but I was intrigued to hear what this “work every waking hour” thing was really about.   About half way through the video it cuts to an interview where Musk says the following:    “When my brother and I were starting our first company, instead of renting an apartment we rented a small office and slept on the couch and we showered at the YMCA.   We had one computer, so the website was up during the day and I was coding at night. 7 days a week. All the time. I briefly had a girlfriend at that time and in order to be with me she had to sleep at the office.   Work hard. Every waking hour. That’s the thing I would say, particularly if you’re starting a company”   Wow! We have a lot to discuss...

In a world of powerful data and analytics tools at our fingertips, could looking at the numbers actually be hurting our business and growth potential?   I mean, the quote goes: "What gets measured, gets managed" right?! Maybe.   Today I want to uncover the darker side of our insatiable appetite for analytics and make the case that there's a better way to grow your business than looking at the numbers.

I’ve always heard the average millionaire has 7 or more streams of income. Meaning they earn income from 7 different sources.   As compared to say the average worker in America which has exactly one stream of income - their job.   Over the years I've slowly built up to 10 streams of income myself (not including my wife's business) and in today's episode I break down exactly what they are and give you 6 ways you can begin adding some more streams of income to your life!

Things ain't what they used to be when it comes to online business.   If you are running or building your business and presence online in 2020 like many of us did in the past 5 years you probably won't hit your income goals this year.   Or worse, you'll have to shut your online business down entirely.   Today I want to kick off the new year by sharing with you 3 huge mistakes I see online business owners making in today's landscape that will hold your business back in 2020.   Let's discuss!

As the New Year rolls in and everyone is excited about making resolutions and becoming a better person, I feel like there is a huge missed opportunity.   Instead of announcing bold new goals to the world for 2020 that have no basis in reality, there is something more strategic you and I can do.   In fact it's a simple question that you should ask yourself (and your spouse if you're married).   It's a question my wife and I ask each year as we wind down and look ahead to the next 12 months.   And it's a question that has so much potential to change your life.

We all are in the business of selling something and a transaction must take place in order to pay our bills - but are you too focused on selling your thing that you get the order of things backwards?   Instead of selling and then giving our customers the thing they bought (and hopefully good service) what if we gave BEFORE we ever sold anything?   Today I want to share with you not only WHY this is so powerful for your business (i.e. it will help you sell more) but 6 practical ways to actually implement this giving strategy in real life.  

Which would you rather have: a $1 Million product or a $1 Million launch?   It's kind of a trick question as million dollar launches are virtually impossible for most people to pull off and can create a TON of stress and pressure if the revenue is necessary for your survival.   Plus, even if you DO someone hit a $1M launch there's no guarantee you can repeat yourself.   Having a product sell $1M over a few years time nice and consistently with virtually no work is much more appealing - and realistic!   I'm a big fan of slow and reliable growth. It’s the tortoise vs the hare approach.   What does this look like practically? Building an evergreen model of online business verses a launch model. Let's break down the differences.

How often do we get tripped up in business (and life) because we are trying to run someone else's race and not our own?   How often does comparison and jealousy lead down the path of wasted time and discontentment?   What would it look like in 2020 if you simply ran your OWN race in business?   How much more joy and freedom would you have? How much more could you get DONE?!   The question becomes then: what does it take to practice "selective ignorance" and run your own race?   Today I have three things for you that will help you do just that!

In a sea of ever growing content and media it’s getting harder and harder to stand out. Safe, predictable, expected content won’t cut it. And I’d argue it never did. One of your power tools to growing your audience and consequently your income is to create polarizing content - content that divides. Sound scary? Welcome to the club. But you know what is scarier? Having nobody listen to what you have to say.