Latest / Ambitious Podcast / EP. 40: Unfiltered: Your Top Questions Answered – Strategic Hiring, Marketing Mastery, and Launch Leadership
Transcript
- 0:08Hello, hello and welcome back to Ambitious.
- 0:11All right, ladies, we are diving into a series that you have
- 0:16heard on earlier episodes. It has been one of our favorite
- 0:21types of episodes that people are like, can we do more of
- 0:23these? Can we lean more into this?
- 0:25And so we are going to be having these as featured episodes more
- 0:28frequently because of all your feedback.
- 0:30So thank you so, so much for everyone who has messaged and
- 0:32said how much you love these types of episodes.
- 0:35The feature that I am referring to is what we call Ambitious
- 0:39Unfiltered, which is really a place where we are doing the
- 0:43equivalent of hot seat coaching. And so just for a little bit of
- 0:48reference, when you are on our page or even if you're on our
- 0:53website, you will see that there's a form for Ambitious on
- 0:57the podcast page. So if you literally go to
- 0:59www.kateperkovic.com and head to the podcast page that is
- 1:03featured on my website, you will see that there's a form there
- 1:07where you can actually submit questions.
- 1:09So my dream, and this is still something that is in the works,
- 1:12but my dream one day is to actually have like a full on
- 1:17call in show where you can literally have specific times
- 1:20where you can hop on and call in and I answer questions live for
- 1:25you where you're able to say, hey, here's what's coming up for
- 1:27my business. And we do some live coaching.
- 1:29But as a stepping stone to that, we have what's considered to be
- 1:33ambitious unfiltered, which is basically a place you can submit
- 1:35questions and I answer them, ask questions just like we're going
- 1:38to do today on an episode for you.
- 1:40So if you do want to submit a question of something that's
- 1:42coming up for you, for your business, or maybe just for
- 1:45yourself as the individual, as the CEO, you definitely can do
- 1:48so. So again, www.kateperkovic.com,
- 1:51go to the podcast heading and there is a form there that
- 1:55allows you to submit a question. By the way, these questions are
- 1:58entirely anonymous. So you can give me all of the T
- 2:02of anything that's coming up for you, numbers, facts, figures,
- 2:05anything specific as pertains to your business because we will
- 2:08always answer for those with 100% privacy.
- 2:11And so without further ado, let's get into today's ambitious
- 2:15unfiltered episode of some hot seat questions.
- 2:17So question numero Uno. How do I take my marketing from
- 2:22regional slash grass roots to a more national type of marketing?
- 2:27So this is something that especially with social people
- 2:30often have questions about, which is location in the sense
- 2:33of usually there's one of two buckets.
- 2:35Like some people find that when they post, they only basically
- 2:39go out to their existing network.
- 2:41And then other people find that when they post, they go out to
- 2:43sometimes communities that they don't want to go to or are
- 2:46really not technically what they had is their dominant or their
- 2:49targeted area, but ultimately is where their podcasts end up
- 2:52going out to. So for me, for example, I'm
- 2:55Canadian, so I'm from Toronto. And for me, most of my content
- 3:00goes out to everyone in the States and Europe.
- 3:03States, Europe and Australia are actually my top three places
- 3:07when it comes to where people consume my content, where people
- 3:10find my content. And that wasn't necessarily
- 3:13intentional, to be honest. It wasn't like I was trying to
- 3:15target, you know, the US or trying to target Europe by any
- 3:18means. But it was really something that
- 3:21over time started to take shape and then we became more aware of
- 3:24it. And then again, it just kind of
- 3:26started to integrate its way into our awareness for our
- 3:28business model. But sometimes when I coach
- 3:30people, they'll say, you know, well, how do I, how do I, if I
- 3:33feel like I live in Toronto, let's just say, and I feel like
- 3:36all my contents going into people in Toronto, how do I, how
- 3:39do I branch out and get in front of wider audiences?
- 3:43And so there's a couple things to not do if you're looking to
- 3:46try to get in front of a larger audience.
- 3:48So one of the things that I, I actually recommend to people
- 3:52when they're trying to appeal to a bigger audience is not speak
- 3:55so much about maybe what your location or your current like
- 3:59geographical area is in your content specifically.
- 4:03So like for me, a lot of people when they meet me don't even
- 4:07know that I am Canadian. And they're like, oh, like,
- 4:09where do you live exactly? And I was like, Oh, Toronto,
- 4:11like, Oh my gosh, you're Canadian.
- 4:12Like, and that's because 90% of my audience doesn't know that
- 4:16I'm Canadian and they just consume me like they consume any
- 4:19other American in their belief when they're when they're
- 4:21consumed my content. The other thing you can also do
- 4:24is actually do tagging and targeting of different types of
- 4:27areas. So like when you're putting up
- 4:29content, you can actually location tag with things to help
- 4:33to kind of basically plant the algorithm in your favor to put
- 4:36you in the realm of the content going out in those areas.
- 4:40But if I'm going to be honest, one of the most targeted ways,
- 4:43specifically with organic, if you're doing paid advertising,
- 4:47you have a little bit, well, I wouldn't say a little bit, I
- 4:49would say much more control over the types of audiences and like
- 4:53what geographical areas you're able to go for with ads because
- 4:56you're able to target them much, much more with organic.
- 5:00I think one of the most important things that you can do
- 5:03is really make sure that you're doing a lot of visibility based
- 5:06marketing and that basically means that it's not specific to
- 5:10location. For example, reels on Instagram
- 5:13are a great way to get put into non audience type content.
- 5:17Now, the thing that I will also say is that your VPN is also
- 5:23something that does impact where your content goes.
- 5:26So for example, like when I have people that I work with who have
- 5:29marketing agencies or social media managers, something that
- 5:32we're really cognizant of is like when someone's posting
- 5:35where the VPN says that they're posting from.
- 5:38Now, this may not be something when it comes to your account
- 5:40that you have changed or that you've altered, but sometimes
- 5:44people can have their content being sent to an audience that's
- 5:47not their ideal audience based off the fact that their VPN is
- 5:51actually basically rooted in another place or it's kind of
- 5:55like located or tagged to be in another location.
- 5:58And so that is also something that I would recommend looking
- 6:01into to see if there's anything potentially there that could be
- 6:04causing a change in location. But I will say it does take
- 6:07time. So like if you want to tap into
- 6:09a larger audience, like for example, I've worked with people
- 6:12in Europe who want to target Canada and US.
- 6:14I've worked with people in this in South Africa who want to
- 6:17target the US market and they've all been very successful at
- 6:20doing so. But I will say like it does take
- 6:23consistent reps and effort when it comes to the marketing to be
- 6:26able to allow you to do that and is really something that does
- 6:30take a little bit of time. So if you wanted to become much
- 6:33more known on a national basis than you are maybe in like a
- 6:36hometown or a kind of a core area, it is something I would
- 6:39say I would probably want to give you around like six months
- 6:42before really saying whether we've seen leaps and bounds with
- 6:46it. It's not something you're going
- 6:47to see necessarily change overnight with like a seven day
- 6:49period of posting marketing. So just something to kind of
- 6:52like more than anything help with like a setting of
- 6:53expectations around how quick you might see it alter.
- 6:56OK. So question 2, how should I best
- 6:59look to scale into having full time employees?
- 7:05Well, one of the things that I would say is I think we first
- 7:09want to look at what's causing you to feel like you need to
- 7:11have somebody full time. And it's not to say that you
- 7:13don't need someone full time, by the way.
- 7:15It's just more a matter of I want to make sure that you're
- 7:17taking a second before you hire somebody full time and actually
- 7:20asking yourself why there's this big misconception.
- 7:24I think that because somebody's not full time in your business,
- 7:27they're not committed. And I've just seen with some of
- 7:31the contractors we've worked with, I don't necessarily know
- 7:33that that's true. Like, yes, do they sometimes
- 7:35have other things that they're doing?
- 7:36Sure. But I do think that people can
- 7:39be very, very committed to you and to your business even if
- 7:42they're not full time. So I also just want to kind of
- 7:44add that in there as a piece of consideration.
- 7:46Now, full time employees, when we're setting a salary, we
- 7:52really want to be clear when someone's full time that they
- 7:57are completely integrated into your business.
- 7:59So how to scale to four, four employees?
- 8:03I would really be looking at what are the four positions and
- 8:05ultimately the four different kind of subsections of problems
- 8:09that you need changed in your business or fixed in your
- 8:11business. So it might be like a person for
- 8:13marketing, a person for sales, a person for delivery, a person
- 8:16for back end, right. And you've got a full time
- 8:18person in each you really want to think less about.
- 8:21I think sometimes when people think salaries or they think
- 8:25about going full time, they just think about like I'm going to
- 8:27take whoever is doing 20 hours right now and just make them 40
- 8:30hours. But there really is a difference
- 8:32when someones an employee because you're getting them
- 8:34bought into your values, your principles as a business, your
- 8:38mission as a business. You've got also aspects of like
- 8:42growth plans. So how are you going to help
- 8:44that person to not just enter your company and be full time,
- 8:47but also grow within their full time role?
- 8:50Because we also recognize like people don't like to stay
- 8:53stagnant. People don't like to feel like
- 8:56nothing is changing, nothing is growing or that they're not able
- 8:59to evolve. And so it's really important
- 9:00that you also look at when you're hiring them, where, where
- 9:03is the trajectory of where you see them going, not just that
- 9:06you need them to execute 40 hours a week and salary.
- 9:10So here's the thing when it comes to full time employees,
- 9:13which is something why I have these like really intentional
- 9:15conversations with scaling entrepreneurs, because when you
- 9:18bring on someone full time, that's a big decision in your
- 9:20business. And that's because a lot of the
- 9:23time full time employees are connected to a yearly salary.
- 9:27And when we have a yearly salary, you have
- 9:29responsibilities. Now to this person, this is not
- 9:32necessarily often time somebody who has a variable, not that
- 9:35they can't be and be full time, but very rarely are they a
- 9:38variable type of compensation, meaning that their compensation
- 9:43changes and fluctuates with the fluctuation of the cash flow in
- 9:47the business. So because of that, if the
- 9:49person and their income doesn't fluctuate with the fluctuation
- 9:53of the cash flow in the business, it means that you have
- 9:56cost regardless of how much you bring in.
- 9:59If you don't bring enough in and you have that cost, you then
- 10:02have to lay people off. So like there really is like
- 10:04this domino of a level of security that the business
- 10:08ideally should be at before we really consider bringing on full
- 10:12time employees and not just like somebody who's maybe a
- 10:15contractor within your business. So scaling to full time.
- 10:19I would also say don't do it all at once.
- 10:22My biggest recommendation is really trying to bring on one to
- 10:25Max two people and onboarding them per quarter, especially if
- 10:29you're a small business and you're just starting to get your
- 10:31team up and rolling. Because the thing that otherwise
- 10:34happens is, and I just see this time and time again with teams,
- 10:37they bring people on. They don't really give them any
- 10:40aspect of training and they're like, OK, great.
- 10:42Like go do your job. And then when the person can't
- 10:44effectively do their job, they then get frustrated when really
- 10:47what it comes down to is the business or the leader doesn't
- 10:50have adequate time to train the person to make them a real asset
- 10:54to be helpful in the business. And so the expectations are
- 10:57completely skewed and people are basically throwing someone in
- 11:01and saying like press go. So when we think about bringing
- 11:04employees, you're thinking about investing in somebody in the
- 11:07long haul. You're investing into them by
- 11:09helping them to understand your values and your principles.
- 11:12You're investing into them by doing training.
- 11:15You're investing into them by giving, for example, like, you
- 11:17know, paid leave and paid vacations and things of that
- 11:20nature. Like bringing someone on as a
- 11:22full time employee is not a small decision in my opinion.
- 11:25And that's because I don't think it's a small decision because it
- 11:28shouldn't be taken lightly when you have that level of
- 11:30responsibility for someone's life and their compensation and
- 11:33all those pieces. We want to be really conscious
- 11:36of the fact of like, what does that mean when we bring somebody
- 11:39into that? So I would say bring on Max two
- 11:43people per quarter, make sure you have a very good
- 11:46understanding of what your team training is like who you guys
- 11:48are and how you operate and what you believe to be true and what
- 11:50your values are. And then also make sure you have
- 11:53position specific training for them.
- 11:55So again, like where can they go to have resources and things to
- 11:58reference that will help them to expand within their role.
- 12:01And then from there, once we have those clear, we then
- 12:05basically go into, OK, well, how can we take this, make it, rinse
- 12:07and repeat? The thing that helps us when
- 12:10we're hiring is to make those resources.
- 12:13Because when you make those resources around your values and
- 12:16your beliefs and your principles and all those things, you then
- 12:20now have us for other hires. So this is the other thing I
- 12:22also want to say around this. When you're training somebody to
- 12:25come into your team, you shouldn't be creating training
- 12:27for Sarah. You should be creating training
- 12:30for like your sales closer position, not for the person,
- 12:33it's for the position. And that's also the
- 12:36distinguishing factor that I think is a really big one for
- 12:38people that I, I would, I would focus on is looking at like, are
- 12:42we doing everything very specific to people, people,
- 12:45people, or are we looking at positions?
- 12:46Because positions really are what you're hiring.
- 12:49Those are just the people who are going to do them.
- 12:52And that was a big lesson that I learned when I was, you know,
- 12:55building team and expanding team.
- 12:57I was so focused on like, how am I going to get this person, this
- 13:00person, this person, when really what it comes down to is it's
- 13:03not about like Sarah or Susan or Stephanie.
- 13:06It's more a matter of like, I need a sales closer, a marketing
- 13:09role. And so and so and these are the
- 13:10people that fill those roles. But when you have turnover or
- 13:14change within a team, which can happen as you're scaling, you
- 13:17don't want to make all of your training and all your resources
- 13:20specific to who your team members are, but instead to the
- 13:23positions that the team possesses.
- 13:26Because then should a team member leave, you're not having
- 13:29to remove Sarah from everything and substitute it with Susan.
- 13:32You're just saying, hey, the sales closer role was blank and
- 13:35now I just have a different person who's doing that role.
- 13:37It allows for a little bit more fluidity within the team
- 13:40expansion. So that would also be something
- 13:42that I would note for you. OK, question #3 what would you
- 13:44recommend to add in when someone is going into a launch and
- 13:49trying to create energy and hype going around their promotion?
- 13:53So, you know, I think the main, the main thing that I would say
- 13:57around promoting and creating hype, hype is not just alone.
- 14:03It's a piece of it is your energy, but it's not just your
- 14:06energy. When you're, you're trying to
- 14:07create hype into a promotion, there's actually stages of a
- 14:10launch, which I'm like, I'm going to do another episode on
- 14:14because I see so many people misunderstanding what launching
- 14:16is or what promotions are. And I want to do kind of an, an
- 14:19unpacking of that. But when it comes to leading
- 14:22into a promotion that you're doing, you want to remember that
- 14:25hype is not just energy type in launch is actually an
- 14:28intentional marketing campaign. So the way that I explain it is
- 14:30when you're doing Evergreen marketing, you're moving one
- 14:33person at a time down the buying process, right?
- 14:35So like someone sees your post, they move, someone sees your
- 14:38story, they move. You're moving a person at a time
- 14:40when you're launching, you're like hurting sheep, right?
- 14:44Like you're literally shifting people and a group of people at
- 14:47a time. So people who didn't think they
- 14:48had a problem now know they have a problem.
- 14:50People who knew they had a problem but thought they could
- 14:52solve it on their own now have shifted down to being like, no,
- 14:55I definitely want someone to help me solve this, right.
- 14:57So with a launch, you're really trying to shift a mass of
- 15:01people. So the way you're going to shift
- 15:03a mass of people actually in the sense of creating hype and
- 15:06momentum around your launch does start with the early teasing.
- 15:10So one of the things that's really important in launching is
- 15:12people oftentimes will just like drop an offer in like the link
- 15:15in their bio or on their website or they'll be like, you know,
- 15:18it's available now. And I see so many people who
- 15:21have really, really great offers, but they don't
- 15:23capitalize on them basically at all because they just don't know
- 15:27how to market them. They don't know how to promote
- 15:29them. They don't know how to create
- 15:29energy around them. So they really just lose the
- 15:34power of what they could do simply based off the fact that
- 15:37they haven't created any momentum around it.
- 15:39So to me, I would personally say teasing is one big thing that
- 15:43needs to happen. I like remember even with this
- 15:45podcast, I tease this podcast for like 9 months before it came
- 15:49out because then there was a lot of people who are like, hey,
- 15:51your podcast, your podcast, when's it coming out?
- 15:53People were energized about it. I also had a lot of teasing, for
- 15:57example, around our website that we did our new branding coming
- 16:00out. That was something I teased for
- 16:01like 3-4 months before it released.
- 16:03So like it's something that I think teasing is also something
- 16:06that creates a lot of curiosity in people, which causes them to
- 16:09kind of latch onto your marketing as you get closer and
- 16:12closer to your launch. I do also think that having an
- 16:15aspect of like problem really good problem aware is going to
- 16:18help people. And by problem aware, I mean
- 16:21doing really symptomatic type messaging and marketing really
- 16:24helps people to self identify. I think that that's a really
- 16:28important piece that helps people to be like, wait a
- 16:29second, that's me now I'm listening.
- 16:32I think also, you know, the media also helps a lot.
- 16:36So like media and the type of marketing you're putting out, I
- 16:38will tell you like the emotional type of marketing of like things
- 16:42that pull on your heartstrings in the sense of either create
- 16:44momentum and excitement in you kind of move, you shift your
- 16:48state in the sense of like really like awareness and
- 16:50inspiration and an insight. Like those types of pieces of
- 16:53media really get people activated.
- 16:56And again, the, the goal with creating hype is actually
- 16:58creating curiosity because you want to remember when you're
- 17:01creating hype around a launch, they don't know anything yet.
- 17:04Like you're not releasing details, you're not talking
- 17:06about the nuts and bolts of what you're doing.
- 17:08You're literally just basically marketing and selling, if you
- 17:12will, energy. And so how do we market and sell
- 17:15energy? Well, the way to market and sell
- 17:16energy is by creating curiosity. It's for people to feel like
- 17:21they can latch on to what the essence of what you're saying
- 17:24is, the feeling of what you're saying, the problems you're
- 17:27talking about, but they don't really have any logistical
- 17:29product, program or service yet to really understand what it's
- 17:33about. And so to create hype to me is
- 17:36your energy and that you're bringing to the marketing, for
- 17:38sure. It's the energy that comes
- 17:40through the media and the actual materials that you're releasing.
- 17:43It's the symptomatic self identifying type of messaging.
- 17:46And it's also the teasing and testing and making sure that
- 17:49you're really priming people that something's coming and
- 17:52doing so in an intentional way. So you have people locked into
- 17:55your marketing before the the more quote UN quote strategic or
- 17:59yeah, I would say structured stuff gets released.
- 18:02So really, really good question. Question number four, OK, what
- 18:04would you recommend focusing on as a brand?
- 18:06Should we do personal brand socials or have a dedicated
- 18:09business page if we're someone who's looking to build an
- 18:11agency? This is such a good question and
- 18:14it's actually something I get as a question quite often, which
- 18:16is, you know, do I have separate pages?
- 18:19Do I have the same page? And this is kind of like my, I
- 18:23would say, you know, core answer regardless of who you are, when
- 18:27we think about having separate pages, the only time that I
- 18:30recommend having separate pages is number one, if you can be
- 18:34consistent with creating content on two separate profiles, The
- 18:37amount of people who segment profiles and they're barely
- 18:40putting out content on their first one, let alone putting out
- 18:43content on two. If you don't have consistent
- 18:46content going out on your individual profile right now, I
- 18:48would by no means recommend you to add another profile or add
- 18:52another responsibility. So that's like my number one
- 18:55piece that will automatically answer the question for you
- 18:57potentially. Now say you are super regularly
- 19:00consistent and you're just like rapidly posting.
- 19:02I would say when it comes to creating a separate page, you
- 19:05want to ask yourself why do you feel the need to do so?
- 19:07I think there is this, you know, misconception that as a personal
- 19:11brand, you can't be multifaceted, you can't be multi
- 19:13passionate. And in my opinion, there really
- 19:17is an opportunity for you to post a lot of different things
- 19:20on one page. Like you can be a personal brand
- 19:22and have an agency and have those both on one page, assuming
- 19:27that they are the same ideal client.
- 19:30Like, for example, I have a client who has a fitness brand.
- 19:32She's a fitness influencer, and she's also the CEO of a full
- 19:37business agency in the sense of like does marketing, operation,
- 19:40sales, everything. And so because of that, she has
- 19:43two totally different audiences for her personal brand versus
- 19:47her agency. It's like they're not the same
- 19:49type of avatar at all. 1 is looking to solve a fitness and a
- 19:53more apparel around fitness type of problem.
- 19:56And then the other one is looking to solve the problem of
- 19:58like their business operations and functioning.
- 20:01So because the ideal client is different, it does make sense to
- 20:04separate the profiles. It's when your marketing
- 20:07yourself and your knowledge around marketing, let's just say
- 20:10you have a marketing agency, it makes sense to put it all on one
- 20:14page because the thing that you want to think about is.
- 20:17Even if you had consulting and agency underneath your umbrella
- 20:20of your business, you want to remember that the pain points
- 20:23really are pretty similar, right?
- 20:26Like the pain points are are pretty, you know, spot on with
- 20:30an agency type of client as they are a consulting client for
- 20:32marketing. The main difference is one
- 20:34person in consulting wants to learn marketing, the other
- 20:37person wants to have someone do their marketing.
- 20:39And so at the end of the day though, they both want the same
- 20:42results from the marketing. And so that same profile is
- 20:47going to probably be the simplest option for you because
- 20:49you have the same ideal client that's on that one page.
- 20:53Now the thing that I will say is you can also have, which is the
- 20:56last piece niche profiles, which means like for example, for
- 20:59myself, for ambitious, we have Ambitious TikTok and we also
- 21:04have ambitious YouTube and we have Ambitious Instagram.
- 21:06And that's because those profiles are literally a place
- 21:10where people can just deep dive and binge everything as it
- 21:14pertains to ambitious. So if someone really, really
- 21:16likes ambitious, they're able to go to our Instagram on Ambitious
- 21:19and literally see all the clips of the episodes just for the
- 21:22podcast on there alone. So like maybe they follow me on
- 21:26my business content, but they really want to make sure that
- 21:29they're up to speed with the podcast.
- 21:30If that was intermingled with my main content, it really would
- 21:35get super muddled. And so for us, we tease a little
- 21:37bit of it on my personal profile, but it has its own full
- 21:40profile. So if someone's really invested
- 21:42in listening to the podcast, that they have the ability to
- 21:45kind of get all the updates in one core place.
- 21:47And so I also will say separate profiles can also be something
- 21:51that even if it is the same avatar, so for example, you are
- 21:54probably the same person who consumes my page, as you know,
- 21:57might consume ambitious page. All of that is the same person,
- 22:01but it's a different type of consumption in the sense of a
- 22:04different type of content that's going to be found in one place
- 22:06or another. So that's the only other
- 22:08situation where I would say sometimes a niche specific
- 22:11profile can be warranted. OK, so question #5 how do I push
- 22:15people through the sales buying process?
- 22:17I feel like I have a lot of interest, but my leads are not
- 22:19sold on making an investment and working with me.
- 22:24Oh, sales process. I feel like there's so much I
- 22:27can say around this because sales process questions for me
- 22:29are typically something that I feel like are like always like 2
- 22:33hours because there's just so many pieces.
- 22:35Is it an application? Is it a sales page?
- 22:37Is it DM selling? Is it a phone consultation?
- 22:40All of those pieces. So here's the thing, right?
- 22:42People are inquiring, but basically they're not closing.
- 22:46There's a variety of reasons why that happens.
- 22:48This is a very, very frequent and common problem that
- 22:51businesses experience. So also if you're going through
- 22:53this, hi, that's normal. These things happen, but there
- 22:57are ways to adjust it and to refine it.
- 23:00So you can also change and refine the results.
- 23:03So when it comes to people interested, but they're not
- 23:06converting, one of the reasons that that can be definitely can
- 23:10be the marketing messaging. So sometimes people, let's just
- 23:13say, are scoping out your, you're getting a lot of website
- 23:16clicks, you're getting a lot of application inquiries, but
- 23:18they're not quite converting. That can be a byproduct of the
- 23:21fact that people are not actually warm from your
- 23:23marketing. They're not quote UN quote pre
- 23:25sold on you and making an investment into you.
- 23:28And so often times that means we do need to be doing a little bit
- 23:32more legwork on the messaging and the marketing itself to get
- 23:35people to a place where through what they're seeing, they're
- 23:39ready to push down the buying process.
- 23:40So for myself, I, for example, with my website, what we found
- 23:46was there was a spot in our business, this is about over a
- 23:49year ago where we had a lot of people that were going to the
- 23:52website. But the people who are going to
- 23:54the website, there was a disconnect between visitors to
- 23:56the website, clicks on the application, how many people are
- 23:59actually going through? Come to find out I was OK, like
- 24:03just people going to try to find my offer through the
- 24:06application, but they're not moving.
- 24:08So what we ended up doing was we took down, we had originally
- 24:11just one sales page. We took that down, we replaced
- 24:14it just with our application and we got even more data which told
- 24:17us people were going to the application, but they weren't
- 24:19completing it. So I was OK.
- 24:21I know what this means. It's either the, the questions
- 24:24on the application are too much, but it wasn't that we were
- 24:28losing them on question #1 and so I was like, OK, this is a
- 24:31matter of like they're nurturing.
- 24:32That's what it is. So when we went and then
- 24:35investigated getting a website done, that was the basis of why
- 24:38we wanted to launch the website. So when we launched the website,
- 24:42we then put that up, which was a way for people to basically pre
- 24:45nurture and pre sell themselves. It was a way that on a random
- 24:48Tuesday, if somebody felt like, oh, OK, I feel kind of activated
- 24:52about what Kate said, that they're able to go check out the
- 24:55VIP day sales page or the accelerator sales page and kind
- 24:58of take that, investigate on their own and then take that and
- 25:01run with it. Whereas when we didn't have
- 25:03that, we found that we were losing people because they
- 25:06weren't fully understanding of what we offered and most
- 25:09importantly, what could support them.
- 25:11So by putting that in the front facing, by having a website that
- 25:15was really dialed in, it allowed people to kind of nurture
- 25:17themselves. And that drastically changed our
- 25:21application completion rates and it drastically changed how many
- 25:24people were booking calls because they were going to the
- 25:26website then the application, not just direct the application.
- 25:29So the thing I will say is there sometimes can be an aspect here
- 25:32of nurturing when people are seeing your stuff but not
- 25:34buying. If people are also seeing your
- 25:36application and not buying, it can very much have something to
- 25:39do with the process. So it could have something to do
- 25:42with the fact that you have way too many questions on your
- 25:44application or you're getting people booked into a call, but
- 25:48you have the most random available spots and times for
- 25:50people to book with you. It could be the fact that your
- 25:53call times are like 13 days out from when you're asking people
- 25:57at the initial inquiry. The next time you have available
- 26:00is 2 weeks from now. There's a multitude of reasons
- 26:03why people won't convert. The thing that I have found is
- 26:06there's there's kind of two sides.
- 26:08There's the marketing, which is the nurturing of the individual
- 26:10coming in. But if they get into your sales
- 26:13process, like they complete the application, they get on the
- 26:15phone or they're answering the DMS, whatever your process might
- 26:18be, that tells me that our issue is not marketing.
- 26:22That tells me that your issue is your sales process.
- 26:25And what I mean by that is like the way in which you're selling
- 26:27in DMS, the way in which you're selling on the phone, the way in
- 26:30which you're selling in whatever way.
- 26:32And you know, we even had this with a client.
- 26:34We just did a call with them like this past week.
- 26:38And the main kind of like, quote UN quote pain point was like, I
- 26:41feel like I have these people who are sliding my DMS.
- 26:43They're messaging me words like keywords to like, you know, be
- 26:47interested to work with me. And yet they're not buying.
- 26:50And like I'm so frustrated because it's just like I'm
- 26:52having so many inquiries. There's so much potential
- 26:54business underneath my nose, but they're just not moving.
- 26:57So we actually went through piece by piece.
- 26:59I went through her sales page, I went through application, I went
- 27:02through all the pieces. Come to find out that the
- 27:04disconnect was actually in the DMS.
- 27:07So the DM conversations were taking way too long.
- 27:10They were very dragged out in the sense of like she was really
- 27:13wanting to like serve, but she's almost over serving people in
- 27:15the DMS to the point where it kind of was starting to bleed a
- 27:18little bit, almost in the coaching bucket.
- 27:20And so we put a little bit more structure around the way in
- 27:23which she was talking in the DMS.
- 27:24And once she did, she literally was like, Kate, this is going to
- 27:28be like a $60,000 month with some of these changes.
- 27:31Like she was taking the interest and now actually seeing them
- 27:34move through the pipeline. And it had nothing to do with
- 27:36her marketing, had nothing to do with her sales page.
- 27:38It was literally the DM flow itself.
- 27:41So I think you know my high level answer to this because
- 27:43again, as I said, I can go into, I can go into a sales pipeline
- 27:48training for probably like 3-4 hours because there's just so
- 27:51much to unpack with it and so many, so many lenses how you can
- 27:53look at it. But when we're looking at a
- 27:56pipeline, literally what I want you to think about, if you want
- 27:58to think of it as like a visual, think about like a chain of
- 28:01links. Each part of the links in the
- 28:04chain is information for us. So link #1 might be your sales
- 28:09page, link #2 is your application, link #3 is book a
- 28:13call, link #4 is. Then they go to a thank you
- 28:16page. Link #5 is they get a
- 28:18confirmation e-mail link number six, right?
- 28:20Like you can kind of see there's links in this.
- 28:23So depending on how each link is doing, it tells us where they're
- 28:28getting stuck. So for example, if someone's
- 28:31like Kate, I'm getting like 10 calls booked but no one's
- 28:34closing, what do you think is their problem?
- 28:38Probably not getting calls booked, meaning the marketing
- 28:41actually getting people on the phone with them is not the
- 28:44issue. So I'm not even going to
- 28:45investigate the marketing because if we're having people
- 28:47getting on the phone who are qualified, the marketing is not
- 28:50the problem. So if people are showing up to
- 28:52the call, but they're not closing, it tells me that
- 28:55there's something on the call that's not working.
- 28:58So the way that the person is communicating the offer, the way
- 29:00that they're structuring the call, the way that they're
- 29:02selling something about the call itself is where the disconnect
- 29:06is. And so the thing that I think is
- 29:08the biggest learning that I have around sales processes.
- 29:12And again, like it's, it's a very, to be thorough in this
- 29:14answer for you would take me a very long time because there's a
- 29:17lot to unpack. So what I've learned with sales
- 29:20processes is the fact that a sales process, if you don't
- 29:23understand how it's structured, means that you might actually be
- 29:29solving for the wrong problem. And I see this all the time.
- 29:34I see people who are like, Kate, I need more, I need more leads
- 29:36or, you know, oh, I need to refine my marketing.
- 29:39And then I go through their data of their marketing and I go
- 29:41through the data of their sales. And I'm like, this is not a
- 29:45marketing problem. This is a sales process problem.
- 29:49You're losing people in your links of your chain.
- 29:52It has nothing to do with the marketing.
- 29:54The unfortunate part, which is why I'm so bullish on people
- 29:59understanding these things and these understand these
- 30:00principles, is because when you do, you can actually solve the
- 30:05right problem. Because the thing you want to
- 30:07think about is if you have people who are stuck in your
- 30:09sales process, you're like, OK, more marketing, more marketing,
- 30:11more marketing. It's not going to make the
- 30:14problem better. If anything, it's actually going
- 30:15to make the problem worse because it means you're adding
- 30:18more leads through something that isn't working.
- 30:20So for me, it's really important in general with business for you
- 30:26to understand how to diagnose when you're experiencing X in
- 30:30business, what the root of that problem is.
- 30:33Because without being able to do so, it means that you might be
- 30:36solving for the wrong source of the problem, which then means
- 30:40you might actually be exacerbating what's happening
- 30:42right now. So just something I want to add
- 30:45with that is I think it's really important if you're feeling a
- 30:47disconnect with your sales process to make sure you
- 30:50understand what all the links in your and how to evaluate each
- 30:53one and the data in it so you can actually see where the issue
- 30:56is. Fun part about sales processes
- 31:01is that it's not a hypothesis. Like it's not AI wonder what's
- 31:05happening. You'll literally know.
- 31:07You'll literally know if you understand sales process and the
- 31:11links in the chain of a sales process and how to evaluate
- 31:13them. You will literally know what's
- 31:15going on in your business, in the sales department at all
- 31:17times and exactly how to fix it. Because with each link comes
- 31:22certain types of expectations of what we want to see.
- 31:24And then for each link, we also have what we want to see and
- 31:27then also what we do if it's not going the way that we want it
- 31:30to. And so all of it really helps to
- 31:32empower you to know exactly what to do to overcome it.
- 31:34So huge, huge fan on understanding sales process.
- 31:38So I would say to the question of them not working with you and
- 31:41not wanting to invest with you, I would be looking at build out
- 31:44the links of your sales process, audit each part and see where
- 31:48the bottleneck is because that tells you where to double down
- 31:50your efforts and making any changes.
- 31:53OK, how do you effectively communicate the results of a
- 31:55high ticket group program? I feel like it's so
- 31:57transformative and I'm so excited, but I can't seem to
- 32:00translate that excitement to potential buyers.
- 32:02Thanks so much, Kate. OK, so how do you communicate
- 32:08the results of a high ticket program?
- 32:11So the thing with high ticket offers, whether it's group
- 32:13program, mastermind, one-on-one coaching, VIP days, doesn't
- 32:17really matter what the offer is to be honest with you.
- 32:18It could even be an event. The thing that you want to think
- 32:21about with communicating the result is you have to be able
- 32:25with an offer to start have one core promise.
- 32:29And I think that many people's offers miss this because
- 32:33everyone feels like they're selling the same thing.
- 32:35Like for me, my offers don't sell scaling.
- 32:39For example, my VIP day that I do, which is an intensive I do
- 32:43with scaling entrepreneurs, those are deep dive intensives
- 32:47that are designed for intensive clarity.
- 32:50They're actually not for ongoing feedback, refinement and
- 32:53execution. They're literally for deep dive
- 32:55snapshot clarity and unpacking the gaps or the areas of your
- 33:00business that you're not aware of that could be problems
- 33:02sitting underneath your nose. So when we think about AVIP Day,
- 33:06the essence of why I sell that is clarity.
- 33:09Two, my Accelerator mastermind is actually an aspect of getting
- 33:12an actual understanding of the blueprint and overall strategy
- 33:16for scaling. It's based off the idea that you
- 33:18don't have the fundamentals to scale.
- 33:20For example, you might not know how to audit a sales process.
- 33:23That's a fundamental of scaling. So we teach people basically the
- 33:27commandments of what it means to scale inside Accelerator.
- 33:31And that's the kind of core promise that we position to
- 33:33people. That's how they scale.
- 33:35So VIP day, you scale with clarity accelerator, you scale
- 33:38with the principles, one-on-one coaching, one-on-one coaching.
- 33:41The the sale on that or the promise on that is, yes,
- 33:45obviously I'm going to teach you strategy.
- 33:47But the actual reason someone invests in that is not just
- 33:50about the information, but also the, the access or the intimacy
- 33:53in coaching with myself. And so when people come into
- 33:57that, what we're selling is not just coaching, but mentorship
- 34:00like actual like CEO personal development guidance as the
- 34:05individual as well as a strategy that individual is executing.
- 34:10And So what I find is when they go invest in private, they're
- 34:15actually investing equally as much in having someone like hand
- 34:18in hand and partnership in their business as they are strategy.
- 34:21So private to me, the essence of it really of how we sell it as
- 34:25the core promise is partnership, having someone equally as
- 34:28invested in your business kind of thing as you are.
- 34:31So when we experience things like that and we're going
- 34:34through these different offers and we're looking at, we're
- 34:36seeing what we want to buy. You want to think about what is
- 34:39the core promise that someone sees from your marketing, from
- 34:42your sales page, from your call that you're having.
- 34:45And it's really important when you're trying to sell an offer
- 34:48because if you're trying to communicate, this is the
- 34:51outcome. What is the promise of what
- 34:54you're trying to achieve? Is it helping them to get
- 34:55clarity? Is it helping them to make
- 34:56money? Is it helping them to learn a
- 34:59specific thing? Like what is the one thing that
- 35:01they're gonna walk away with? Now, once I have that thing,
- 35:05then they almost want you to think about like you put that
- 35:08one thing in the middle. So I might put like clarity in
- 35:10the middle of a piece of paper. And around that I wanna be able
- 35:13to explain in A50 different ways, how do I get somebody
- 35:18clarity? If I get them that thing, what's
- 35:20gonna happen? So for example, if someone does
- 35:24AVIP with me, the essence is clarity.
- 35:27So clarity for me could be for a business helping them to
- 35:30discover their blind spots. Well, how is that impactful for
- 35:33them? Well, if I help you to discover
- 35:35your blind spots, it means that you might have potential
- 35:39opportunities in your business in this given moment that are
- 35:43right underneath your nose that you could capitalize on to be
- 35:47able to double or triple your business.
- 35:49But I would say think about the one core promise.
- 35:50Why should someone, and this isn't that I would love for
- 35:53everybody listening to take a second and ask themselves, why
- 35:58should I invest with you? Like if I was to put you against
- 36:05the other top performing individual in your space, why
- 36:09should I invest with you specifically?
- 36:13And the amount of entrepreneurs I've asked this question to you
- 36:15who can't answer it. Well, you know, like the number
- 36:19one answer I get is I give really good support.
- 36:25Don't you think every other entrepreneur on the Internet is
- 36:29going to say the same thing? I give really good support is
- 36:33not enough of a distinguishing factor for why your offer and
- 36:37your business are unique. You need to be able in any offer
- 36:42that you're marketing to be able to communicate why I
- 36:45specifically should work with you and why you're helping me to
- 36:48solve a problem in a bigger, better, easier, or different way
- 36:54than anybody else in the market. Tell me how you're doing it
- 36:57uniquely and why you if you couldn't have the reason be
- 37:02because you give really good support, OK.
- 37:05And it's a really important question because so many people
- 37:07cannot answer this. And it's something that I'm
- 37:11asking you because your ideal client is asking themselves that
- 37:16question. Your ideal client is asking
- 37:18themselves, why should I hire Sarah instead of Stephanie?
- 37:23And if you can't even answer that question for yourself
- 37:26around your business, that means you can't possibly market that
- 37:30clarity through your messaging so that the person investigating
- 37:33your services has it as well. And so it's a really important
- 37:36question that you have to be able to answer if you are
- 37:38someone who not only wants to see your offer succeed, but
- 37:41potentially who has multiple offers you want to see succeed.
- 37:45OK, so then we go to question #7 how do I scale when I'm at
- 37:49capacity? OK.
- 37:52We just, I have so many things I want to say to this question.
- 37:55There's so much. This is a good question.
- 37:57I feel like that should be its own podcast.
- 37:58I might do that. I'm going to mentally, mentally
- 38:00note that down for later. There's only a couple categories
- 38:03of what I look at when the person is at capacity #1 is the
- 38:08overall big picture or the strategy, which is the fact that
- 38:12you may be at capacity because what you're currently doing
- 38:14right now is actually not something scalable.
- 38:17So like say, for example, I only did one-on-one clients, it might
- 38:21mean that I need to actually genuinely change the way that
- 38:23I'm doing business because I can't have 52 one-on-one
- 38:25clients. Like it just wouldn't work.
- 38:27So it could be a little bit about the fact that your actual
- 38:30current strategy is genuinely not scalable.
- 38:32And so because that you need a new approach to be able to go to
- 38:36the next level because you've you've hit the peak of the
- 38:39capacity, you can with the current picture.
- 38:42That's with you. The second thing that I would
- 38:44say is processes. So basically either number one,
- 38:49get a different perspective on your strategy #2 getting
- 38:52processes in place and automations in place.
- 38:55So getting a way that is systematized in the way that you
- 38:57do things that you can then look for opportunities to automate
- 39:01those or systematize those. But it all starts with getting
- 39:04an understanding of your process.
- 39:05You cannot automate or systematize something that isn't
- 39:07properly documented. So like for example, if somebody
- 39:11doesn't have a really good like onboarding process that's
- 39:16working manually, we have no reason that we should be
- 39:18automating it or putting it into a system because it's not
- 39:21working alone as it is. So why we make it into something
- 39:24that happens without us involved.
- 39:26So you really want to make sure that you do have consistent
- 39:28processes and outcomes that you can then take that and
- 39:31systematize it and automate it. That's a way that let's just
- 39:33assume your strategy was good and you're like, OK, like I do
- 39:36have scalability here, but I want to try to refine.
- 39:39Then we go into trying to create more automations and more
- 39:41systems for you. So things are happening without
- 39:43you necessarily having to work or be on the entire time.
- 39:46Now let's just say we've done those things.
- 39:48Your strategy is dialed in, your systems and your automations are
- 39:51dialed in. Then if we can't adjust the
- 39:54strategy any more than we have and if we can't automate or
- 39:57systematize any more than we have for where you're currently
- 40:00at in business, the next stage really is to delegate, which is
- 40:03really looking at taking one of the processes that you just
- 40:06documented. And instead of having those done
- 40:09by a machine or an automation, we would have those done by a
- 40:12person instead. And so we'd have somebody own
- 40:14that department or that outcome for you with the business.
- 40:18And so for me, I really think that what we're looking at like
- 40:21what do I do when I'm at CAP? It's kind of a tiered system
- 40:25because I think the first thing that people do is I'm just going
- 40:27to hire somebody. I'm just going to hire somebody.
- 40:29Well, yes. And sometimes, again, that makes
- 40:32sense. But when you're hiring someone,
- 40:34it should only be when you've hit a certain piece or a place
- 40:38in your business where you feel like you've documented enough to
- 40:41warrant hiring someone. When people hire somebody on to
- 40:45their business, but they have no documentation or they haven't
- 40:47tried to really systematize any of it, it often times doesn't
- 40:50work because you're not bringing someone into a sound structure
- 40:53to begin with. And so that's kind of how I
- 40:55would approach understanding your capacity.
- 40:57Obviously, this is a very, it's a very loaded question in the
- 41:01sense of the fact of it depends on capacity and what capacity in
- 41:04your marketing capacity, in your sales capacity in your your
- 41:08delivery, There's a lot of different aspects that
- 41:11contribute to capacity. So obviously, if you do need
- 41:14more targeted answering, just shoot a message over to me and
- 41:16the D Ms. happy to kind of dive in with you.
- 41:18OK, question #8 what systems do you recommend to implement in a
- 41:21coaching business to simplify things and really maximize your
- 41:24time? So great question.
- 41:28So here's the thing, systems, I think there's a, there's a big
- 41:31difference between a process, a system and then a platform.
- 41:35So I'm assuming you're saying platforms because usually when I
- 41:38get this question, often people mean platforms.
- 41:40So I'll give you kind of my current platform suite.
- 41:43So currently right now, I would say the big hub for our business
- 41:46is click up. We use that for basically
- 41:49everything in our business. At this time.
- 41:51We have a couple things that are still on Air table, which is
- 41:53where we used to house a lot of our business stuff.
- 41:55And then we're starting to just kind of move away from Air Table
- 41:58and more just entirely into cook up.
- 42:00I would say for our platform for client delivery, we use Cartra
- 42:04and we've been really enjoying that quite a bit.
- 42:06It's always been something that's kind of been part of our
- 42:08business for the last couple years now.
- 42:10So Cartra and then we also do Dubsado.
- 42:12Dubsado is for our contracts and our payments.
- 42:16Outside of that, I wouldn't say we have a lot of extra things
- 42:19that we do. Like we have in the sense of
- 42:20like, you know, obviously we use Riverside for our podcast and we
- 42:24use frame dot IO for video editing feedback and D script
- 42:27for some of the editing. Like we have different behind
- 42:30the scenes systems that we use or platforms that we use, but
- 42:33that's more of the platform specific.
- 42:35And I really do think platforms are really based off of like
- 42:37what kind of functionality you need to have.
- 42:39So for example, you know, in Kartra, when you're a scaling
- 42:43business, you have a lot of payments coming and going.
- 42:45It's very difficult to make custom payment links inside of
- 42:48Cartra easily, which was actually why we moved over to
- 42:51Dubsado. And this brings me back to a
- 42:52point that I really want to, you know, hit home on with building
- 42:58out any kind of system or building out any kind of
- 43:02anything. Like if someone wants to like
- 43:04really refine their onboarding or really adjust their
- 43:06offboarding or like will frankly just change anything or
- 43:10systematize anything in their business.
- 43:12The first question I'm going to ask you is what's the problem
- 43:15you're trying to solve? Because the thing that I see a
- 43:17lot of the times that people are trying to create these really
- 43:20complex systems and automations and all of these really complex
- 43:25processes in their business, when frankly that problem
- 43:29doesn't exist. So like my rule is you only
- 43:33create a process for something that's a problem.
- 43:37Like if you're not going to have, let's just say someone's
- 43:42like, I really want to build out a really fancy onboarding
- 43:45portal. One of the things that I'm going
- 43:47to ask is how many clients do you have?
- 43:49Because if you have two clients, you have no reason to be
- 43:54building out an onboarding portal.
- 43:56Or like if someone is like a team of one, you don't need a
- 44:00massive click up build out by yourself with all of these, you
- 44:04know, intricacies necessarily. If you don't have somebody to
- 44:07manage the thing that you just built, now you've built yourself
- 44:10by building this massive thing, a part time job to oversee it
- 44:13and manage all of the tasks and the subtasks and the
- 44:16notifications, right? So like, I think that it's
- 44:19really important when we're thinking about building out
- 44:22anything in a sense of systems or automations or processes to
- 44:25also be very conscious of why we're doing it.
- 44:29And for me, I think I have also myself, I want to be very
- 44:32transparent. I have definitely fallen into
- 44:34like shiny object syndrome of what a system could look like or
- 44:38what a system could do for me. But it also doesn't mean it's
- 44:41always warranted and it doesn't mean it's actually going to help
- 44:43me in my business in any way. And what I see people do is they
- 44:46get like really nerding out on the back end of their business,
- 44:50but then nothing really changes once they build it.
- 44:52Like you build, you build the click up or you build the
- 44:54Dubsado where like you build the thing and then when you build
- 44:56it, nothing changes. And that's because there wasn't
- 44:59an actual problem for the reason that you created that in the 1st
- 45:03place. So because of that, because
- 45:05there was no problem to solve, you're not feeling any relief
- 45:07once you created it. So I'm a firm believer of like
- 45:10expand your platforms and expand your systems and automations as
- 45:14your business develops. Like our client management
- 45:16system was a byproduct of having too many clients like and not
- 45:20having what we needed to keep track of everybody, right?
- 45:22That's how we created it. Our onboarding was a byproduct
- 45:25of the fact that our program was expanding and developing and we
- 45:27didn't have an onboarding that really represented all the
- 45:31supports in a really easy and concise way for people to
- 45:34understand. That's how that came to be.
- 45:35So it's not really a matter of just like sitting down on a on a
- 45:39Friday and coming up with all the systems and automations you
- 45:42can create. Sure, you could do that as an
- 45:45opportunity for development for the next stage of where you're
- 45:47going. But again, even that in itself
- 45:49is a problem to solve. You might say, OK, well right
- 45:52now I have 20 clients and I want to have 50 clients.
- 45:55So if I had 50 clients, what would break?
- 45:57You might identify a problem that way and then go to develop
- 46:00it. But again, you always should do
- 46:02this with a problem in mind because otherwise if not, you're
- 46:05really just getting sucked into the the shiny object syndrome in
- 46:08my opinion. So question #9 should I put
- 46:13pricing and service descriptions on my website?
- 46:17Oh boy, this is a, this is a lot.
- 46:20A long winded one, but I'll keep it short.
- 46:22OK, here's my synopsis of pricing on the website.
- 46:27So, OK, so there's so there's so many things I want to say, OK,
- 46:34I'm going to break it down into categories.
- 46:36Category 1, putting pricing on your website, pros and cons, pro
- 46:42people can see your pricing. So if someone wants to work with
- 46:46you, they already know what your rates are, they know what it's
- 46:47like to invest with you. And so because of that, you're
- 46:49not going to get anybody typically who's getting on the
- 46:52phone with you who doesn't want to invest because they already
- 46:56know what your investment to work with you is.
- 46:58So option one having on your site, it's good in that way.
- 47:02It's bad in the sense of the fact that people will see your
- 47:06price and sometimes right off the offer just on the price tag
- 47:09alone and nothing else. And we just know the one-on-one
- 47:14of sales is that sometimes when you have a sales experience with
- 47:17somebody, IE they can really talk to you about the offering
- 47:19and how it's going to help you. It does obviously help with the
- 47:23sale in the sense of the fact that people are like, Oh, well,
- 47:25like now that I know the experience connected to the
- 47:28dollar, I see a little bit differently.
- 47:30It's a very common practice in businesses.
- 47:34So if you have pricing on your website and you just have it
- 47:36there, yes, you will probably get less consults because people
- 47:40are seeing your price and again, kind of maybe pre qualifying
- 47:43that they they're not ready for it or don't want to invest it.
- 47:45So that could happen. You also, yeah, we'll have
- 47:49though people when they do get on the phone with you that they
- 47:50already know your price and they're more primed and kind of
- 47:52ready to buy because they came and eyes wide open.
- 47:55So there's that second piece on the other side of the spectrum
- 48:00would be not sharing your pricing at all, which is what I
- 48:02do for my business technically. So I don't my pricing on my
- 48:05website. I just have like low 4 figures,
- 48:07low 4 figures, high 5 figures, whatever it might be.
- 48:10And with my pricing on my website, I basically don't have
- 48:17it on there because after talking to so many clients, they
- 48:19literally told me they're like, Kate, if I had known your price
- 48:23before I talk to you, there's no chance I would have booked a
- 48:26call. Like there's no chance.
- 48:27I would have been so scared just on the investment alone because
- 48:30like some of my clients have invested like, you know, $60,000
- 48:35and they're like, I wasn't, I didn't go in when I was looking
- 48:38for a business coach being like, I want to spend $60,000.
- 48:40But like, that's just what they ended up spending.
- 48:44But they fully told me they would not have spent it or have
- 48:47got through the whole process to see all the pieces of what was
- 48:50the potential in working with me if they had just seen the price
- 48:53tag because like the price tag would distracted me and I would
- 48:56have not almost been able to like look away kind of thing,
- 48:58right? So in hearing so much of that
- 49:02feedback, for me, it was kind of like confirming or reaffirming
- 49:06of the fact that I don't want to share my prices because I want
- 49:10to have at least an opportunity to be able to showcase to
- 49:13somebody what our team or myself in coaching can do for someone.
- 49:18And if I feel like the pricing is kinda going to like deter
- 49:20them, then I wanna make sure that I have an opportunity to
- 49:23talk to them. Now, I wanna also clarify, it
- 49:25doesn't mean you ask it on the phone with me.
- 49:27Like if you message me and you're like, hey, I'm interested
- 49:28in working with you, I'll ask you 2-3 questions and I'll send
- 49:31you the price in DMS. So it's not like I'm like really
- 49:33like massively withholding it. It's just more a matter of the
- 49:37fact that I'm not, I'm not plastering it everywhere
- 49:40necessarily. So that's that.
- 49:42Now in the middle though, we have the hybrid approach, which
- 49:46I'm a big fan of as well. So I, for example, had a client
- 49:49who was a website designer and she used to have all her pricing
- 49:52on her website. And when she did, the problem
- 49:55was she was like Kate. Like I have tons of people
- 49:56clicking my website, but none of these people are buying.
- 50:01Like none of them. Like she's like, I have no idea
- 50:03who they are. I just see the clicks on my
- 50:05website. I've got a lot of traffic, but
- 50:06nobody's moving. And what I kind of came to
- 50:10identify or realize with her was the fact that I was like,
- 50:13listen, we can't just leave these leads to like die on your
- 50:18website. We think we really need to find
- 50:19something else that allows us to be able to capitalize on the
- 50:23leads that are in your world. So what we did was we took the
- 50:26pricing down off her website. So we still the services
- 50:28available. We still had, you know what she
- 50:30did for clients and stuff available, but we didn't have
- 50:33the prices specifically on there.
- 50:34So what we did instead was that we actually had put a package
- 50:39and pricing guide on her website.
- 50:41So we had an opt in. So what we did, she said, click
- 50:43here to down my package and pricing guide.
- 50:45And So what ended up happening was she was able to collect
- 50:47their name, their Instagram handle and their e-mail.
- 50:50And so now she actually was able to go and follow the people who
- 50:54were downloading her package and pricing guide and saying, hey,
- 50:56if you have any questions, feel free to reach out.
- 50:58And we also had them part of a, a nurtured and e-mail sequence
- 51:02after that point that allowed them to kind of be like ongoing
- 51:04nurtured and activated. And so the amount of emails that
- 51:08we added to her list was insane. The amount of opportunities that
- 51:11we gave her to have touch points to nurture people was insane.
- 51:15And so, yeah, I would just say like across the board, it just
- 51:18on all facets was much, much better than just having it on
- 51:21the site. Because by leaving on the site,
- 51:23we really had no data. We had no information to move
- 51:26from. So just by putting it behind an
- 51:28e-mail wall, that alone did leaps and bounds in the sense of
- 51:32how many emails we were able to collect.
- 51:33And then from there, obviously the next steps that we could
- 51:35take. So I when it comes to should I
- 51:38put my pricing on my website, it's really individual like, I
- 51:41don't think there's a right or wrong with this.
- 51:43I genuinely will say it's personal preference.
- 51:45My personal preference is not to put it on my website, but I also
- 51:49have a lot of clients and peers who do.
- 51:51And then I also have people kind of like that client I was just
- 51:53describing who are kind of like a hybrid of both.
- 51:55So this is one of those buckets where I think you kind of have
- 51:57to do what feels right for you. And I think that's totally OK.
- 51:59And there's, there's a strategic way to do all of them.
- 52:02So there's there's wins in every single bucket.
- 52:05So all about to say, you guys, holy smokes, that hour flew by
- 52:09quickly. I absolutely love doing these
- 52:11episodes. I feel like these are very
- 52:13common questions that I even get like in coaching, these are
- 52:16things that I'm hearing in conversations behind the scenes
- 52:18at like masterminds. Like these are all just such
- 52:21such good questions. And I think just also so
- 52:23immensely helpful for other people to be able to listen
- 52:25into. And so I also want to encourage
- 52:27you, if you have something that maybe jog is kind of like a
- 52:30question for yourself today, take a quick second, head to the
- 52:33website, submit the submit the form and pop your question in.
- 52:36As I said, this is something that is entirely anonymous.
- 52:38We do not share any personal insight about people on the show
- 52:42at all. It really is just something that
- 52:43we have as a way to #1 be able to serve you and any questions
- 52:46that you may have for your business.
- 52:48But also is really just something that allows these
- 52:51episodes to be so specifically targeted to what you're
- 52:53experiencing in your business and what's coming up for you.
- 52:56So all of that to be said, my friends, thank you so, so much
- 52:59for tuning in this week. Always a blast to be able to get
- 53:01to hang out with you and talk, talk business and talk all the
- 53:05things I've I've next steps and scaling.
- 53:07As always, if you have anything that's coming up for you, if
- 53:09there's anything that I can do or a team can do to support you
- 53:12in any way, feel free to slide in my DMS.
- 53:14I always love hearing from you guys, your feedback of how the
- 53:16show resonated, what kind of landed for you, and also maybe
- 53:19even any other topics that you feel would be super supportive
- 53:22for you and for where you're at right now.
- 53:24But all that being said, we will see you next week and as always,
- 53:28stay ambitious.