We are firm believers in waiting to invest until the time is right. That said, we never imagined how much we could benefit from using a free product. In fact, how much more money we would make — we’re talking over $125k in 9 months.
Holy moly guacamole. Are you ready for this? Now, some of you might have already heard the breakdown of our Strategy Academy launch, but this gives you a good picture of what else happened in the month of June. Also, it’s nice to see what we actually made, even though we had a $97k launch. #Perspective
When it comes to starting a business, there are usually a lot of overhead costs. Let’s be honest, those overhead costs can get overwhelming rather quickly, can’t they? You have people coming from every angle recommending that you use this cool new tool that they use because it got them one billion followers. Well, that’s a slight exaggeration, but you know what I mean!
Want to know the hardest part about opening your business? Simply getting started. That’s the only thing you need to focus on. You need the bare minimum to get the ball rolling on this cool new idea that you’re ready to show the world, but you’re overwhelmed by starting and worrying about how to afford to launch without putting it all on your credit card or taking out a loan.
Alright, friends, gather round. It's time for a story and it's one you absolutely want to hear today.
When I was a younger woman, I thought to myself, "Gee Golly. Wouldn't it be nice to turn my hobby into a business?" Wearing rose tinted glasses, I spent many days and nights planning out what I wanted to do, eager to create this business that would leave me feeling productive and satisfied. In fact, I had this crazy vision of what working for myself would look like. You know you want to hear about it.
Raise your hand if selling to your favorite store tops your business bucket list? But as exciting as it is to see your products on the shelf of a store, there’s a whole new set of challenges that come with developing wholesale and retail partnerships. One of the not-so-sexy sides of developing a wholesale/retailer business? You have to get comfortable with having some awkward and, at times, unpleasant conversations.
All good things take time. And time we took. May was not only profitable, but it was a time for us to prepare for our largest launch to date in June. We spent weeks behind the scenes working with our current students, preparing bonuses and other awesome new materials and even working on some alternative ways to bring in more cash. See how May shaped up today.
Ever feel like you need to hide that your business is small?
Early on in my handbag business when I had no one working for me, I would use phrases like, "Thank you for calling us. A customer service representative will contact you within one business day."
I used my first and middle names as my business name to give the company a big "designer" image. And I'd do everything I could to hide that I was 18 years old for fear that I wouldn't be taken seriously.
A couple of years in, I had a big realization.
Need to prioritize building your email list as a small business, but struggling to pin down which platform to start with? During the last ten years, I’ve been with four different email marketing software companies, and Flodesk by far the longest. If I had to start over and choose again, I’d STILL pick Flodesk.