Latest / The SmallBizChat with Melinda Emerson / Scaling SmallBiz: Be All In! with David Weiss
Transcript
- 0:003, 10, 1, 0, ignition, liftoff,
- 0:08Ending small business failure.
- 0:11Welcome to the Small Biz Chat podcast with a number 1 small business expert Melinda Emerson.
- 0:17Bolinda's goal is to end small business failure, and she'll give you the information
- 0:21you need to succeed and live the life you've dream of.
- 0:25Now here's the small Biz lady herself.
- 0:29Melinda Emerson.
- 0:31Hi, everybody.
- 0:32I'm Melinda Emerson.
- 0:33This small Biz lady, America's number one small business expert.
- 0:37Now the whole mission of small business chat is to end small business failure.
- 0:42We're all about helping people get peer to peer to advice in a comfortable setting when nobody
- 0:48goes through but asking a question on small risk chat.
- 0:50The reason why we do this is because we wanna get you guys an up close and personal access to
- 0:56some of the top small business experts in the country.
- 1:00And tonight's show is absolutely no exception.
- 1:04And we're really excited tonight because tonight's show is being sponsored by MixedMax.
- 1:09And let me tell you a little bit about MixedMax.
- 1:12It is a marketing automation tool that works on top of Gmail.
- 1:17So if you're like me, use Google Calendar, use Google Voice, and you use Gmail for your
- 1:22business.
- 1:23Next Max goes right on top of it.
- 1:25It shows you when people open your emails, it lets you email people your availability.
- 1:30So you don't do that all back and forth thing, you know, trying to tell people when you can
- 1:34meet with them.
- 1:35And it's a great way for you to automate emails to fill out.
- 1:38So check out mixmax.com.
- 1:40They've got a free trial, check it out, and that's mix max.com.
- 1:47I want to introduce my guest.
- 1:50David Weiss, He is a New York native and a sales beast where the company's selfie and they
- 1:57produce photos and edible trees to help your business stand out David, welcome to small fish
- 2:02jet ride.
- 2:04Hi.
- 2:04How are you?
- 2:04Thanks for being here.
- 2:06I think maybe just a quick note on that.
- 2:08I don't I don't know how much of an effort I am, but I I like to learn a lot, and I'm always
- 2:12reading new articles, trying to implement some new, tools, but I don't I don't think that
- 2:16anybody's ever in effort in anything.
- 2:18You gotta keep growing and really stay hungry after it, but I would I could share some of my
- 2:23expertise and how we've kinda scaled this business in the past two and a half years to a
- 2:28company of a pretty substantial size.
- 2:31I'd say that maybe the the first thing that I could say is is that you you kind of have to be
- 2:36all in.
- 2:36I mean, especially in this startup world that we're kind of living in and when we're trying
- 2:41to really, you know, get a bench press up there and get it, you know, clean, a clean hoist over
- 2:45your head, you really have to be all in.
- 2:48And just one of the sacrifices that I've had to make is not really having a life and having
- 2:53that work life balance.
- 2:54And that's just something that you're gonna have to commit to, and you have to be all in to
- 2:59it.
- 3:00And if you can't really give that, then you're not really gonna move the rock as far as you
- 3:04want to.
- 3:05It's gonna be a a sisypice the Greek god is destined to roll the rock uphill every day to
- 3:11just wind up at the bottom each morning.
- 3:14But, yeah,
- 3:15Alright.
- 3:15Well, tell us tell us about self e.
- 3:18What is that?
- 3:19How can we how can we get some?
- 3:21So so selfie selffee is the edible photo booth and live on sighted events.
- 3:31We print yes faces on demand onto food and drinks.
- 3:35So we print on about a 14 or 15 different food and drinks.
- 3:40But if you've ever wanted to eat a popsicle that has your face on it, we do that live at
- 3:45events.
- 3:45Then we're in we've scaled.
- 3:47We started the business two and a half years ago in New York, and we've scaled it to 12
- 3:51markets in the US, Canada, and the UK.
- 3:54And just about an in under two and a half years, and it's a really, strong come out.
- 3:59And I I think that a lot of this can really just be attributed to to just tenacity in our
- 4:06in our outreach, in our sales, and in our marketing, and just kind of, again, it done
- 4:11situation.
- 4:12I mean, one one thing that I could say is that if you're the type of person, it's gonna say,
- 4:16ah, you know what?
- 4:17Okay.
- 4:17Like, you know, 12 13, 14 hours.
- 4:21Oh, it's, you know, oh, it's 10 PM.
- 4:24I'm really tired.
- 4:24I've been working since 8.
- 4:26Oh, I need to, you know, turn off.
- 4:28It's like, I don't know.
- 4:29I I personally think that you should just go home because you're not you're maybe not ready
- 4:33for it, or you're not ready to get serious about it.
- 4:35When you're ready to get serious about it and you're ready to really stay after it, then it's
- 4:39a it's a beautiful thing.
- 4:40And some things that I felt, I'm pretty young also.
- 4:43I'm I'm thirty years old.
- 4:44I just turned 32 weeks ago, but I I actually feel like I've had transformational times in
- 4:52sales, specifically, in outreach.
- 4:56And when you figure out that little kinda or that little bob or weave, it's really
- 5:03beautiful.
- 5:03And I've really felt like this transcendence feeling.
- 5:07It's kind of a a crazy a crazy thing to to feel.
- 5:10And so kind of kind of what I'm really playing with all the time, I mean, everything is
- 5:15positioning in outreach and how you're actually outbounding people So that's pretty much what
- 5:21I'm thinking about all the time all day, every day before I go to sleep first thing in the
- 5:26morning.
- 5:27Is is how do you actually what's the most effective way to really outreach people and fit
- 5:33fit the key to the
- 5:34talk about that?
- 5:35Let's talk about that.
- 5:36What are some of your favorite offline marketing tactics?
- 5:39Like, how do you go about doing that?
- 5:42Well, 1st of all, I mean, I'm all in, and this is my baby.
- 5:44So anybody that I talk to, I'm just always selling.
- 5:48I think that offline, I'm I I think that I'm more of a beast really online than offline, but
- 5:55I mean, it's it's really just just being the biggest, you know, just preaching, preaching
- 5:59your brand, preaching what you do.
- 6:00Also, we have the luxury.
- 6:02We we've we've created this category and recreating demand for something that wasn't
- 6:07currently there.
- 6:08You know, it didn't exist 3 years ago that somebody could be in an event, take a photo, an
- 6:14edible photo booth and then get their face on food and drink.
- 6:17It it wasn't available before.
- 6:19So nobody knows that they want something before somebody invents it.
- 6:22Right?
- 6:23So it's always kind of thing that we keep pushing this prerogative because there there
- 6:27was no market for it until we created it.
- 6:30So we kind of have the luxury, and I mean, we really thought about it a lot before we brought
- 6:35it to market, but we said, hey, photo booths are played out.
- 6:38Everybody has a photo booth.
- 6:39It's almost like a necessity and an event but honestly, I don't I they're just played out.
- 6:44We've seen them everywhere.
- 6:46So we said, hey.
- 6:47Let's make an update to it.
- 6:48Let's make it edible.
- 6:49Let's make it extremely shareable and extremely fun.
- 6:53And so I think that that just kind of goes throughout the brand.
- 6:57Sure.
- 6:57Sure.
- 6:58As we implemented MixedMax, our, open rates are 86%.
- 7:02Our reply rates are 52%, and our RSVP, yes, rates, 41%.
- 7:08My advice for other companies interested in Mixmax is definitely go for it.
- 7:12It's also a really easy onboarding process.
- 7:14It's very user friendly.
- 7:15It's easy to get in there.
- 7:17I wish we had started using it a lot sooner, and it's it's made my life much, much easier.
- 7:24When it comes to I know I know you're you're putting people's faces on anything edible, but
- 7:30what about all ask your business card?
- 7:31Are those dead?
- 7:32Do I need a popsicle with my face shield that you remember?
- 7:35I've I've I've actually we've done because we could do custom sheet cookies and custom shape
- 7:40products.
- 7:40So at a couple of trade shows, I've actually printed my business card on a cookie.
- 7:45It's not so it's not so great, actually, because people eat it, and then they don't have
- 7:49your number.
- 7:50You know, so then they I know, so it's not it's not such a great, really, strategy, but I'd I
- 7:55would say that it really depends on what your average sale price is.
- 8:00I mean, if you figure that in 3 years, that I'm gonna be giving away $500 worth of business
- 8:08cards, you know, 3 to 4000 business cards.
- 8:11And, I mean, we keep I buy them in, like, 1000, 1000 piece increments because we always keep
- 8:16updating them, tweaking them, adding markets that we've gone into.
- 8:20And so when you think about what your your selling price is that that kind of gives the
- 8:25answer.
- 8:25So in 3 years, you're giving away $500 in marketing materials know, to 10,000 people, I
- 8:32mean, we're I'm making sales out of it.
- 8:34Our average sale is anywhere from 5 to $25,000 for an event.
- 8:39So even just if we make one sale from 1 of the 10 to 15,000 business cards that I've given
- 8:45out, it's definitely worth think that if your, you know, if your average sale is, you know, I
- 8:50mean, another another vertical of our business is we do drop shipping.
- 8:54So you upload photos to our website.
- 8:56We drop ship you cookies, that's like a $40 sale.
- 8:59So it just kind of it's an equation that you have to think about and do the and just do the
- 9:03equation to your
- 9:04head.
- 9:04Alright.
- 9:05Well, let's talk about the biggest networking mistakes you see here.
- 9:09So you already talked about what you said putting your business card on a cooking not be
- 9:13such a good idea if it's a thing.
- 9:15Right?
- 9:16Yeah.
- 9:16Yeah.
- 9:16But but I but but still it's impactful and really memorable.
- 9:21And so in that way, it is it is in the mind and on the top of the mind of a lot of people
- 9:26because that's just something that's such an easy illustration to draw this this crazy
- 9:31cookie printer he gave me his card on a cookie.
- 9:33I don't know his name, but I know the concept and he can find it.
- 9:37I mean, one thing I'm I'm actually in a I'm sorry if there's any feedback on the line, but
- 9:41I'm actually at this an AgTech conference that I just kinda slipped out for.
- 9:46So I'm I'm kind of doing networking everywhere all the time.
- 9:49And the one thing that I would really say that the biggest folly you can make is doing
- 9:56something like is is first of all, positioning it like you're networking at all.
- 10:02And if you're leading with a business card in your hand and it's such a thing where you're
- 10:08saying, Hey, well, I wanna talk to you specifically, and I need you to be my customer
- 10:13or something like that.
- 10:15I think that that's already kind of a misstep.
- 10:17And I I actually find that that I find the best VC people, the best future employees, the best,
- 10:25just friends and the best allies in my business by by intentionally not talking about my
- 10:32business and what selfie does but just trying to connect with somebody on a personal level,
- 10:37and then everything rolls from there.
- 10:38I mean, I I was, we were at, it's this tech startup conference in New Orleans called
- 10:44collision.
- 10:44They're actually moving it to Toronto this year, and we're gonna be there as well.
- 10:48But we were, we were at some networking tail event, something like that.
- 10:53I was like, everybody's just really transactional talking.
- 10:56Just it's so obvious what they want.
- 10:58You know, you see them walk up to you and you're like, okay.
- 11:01Yeah.
- 11:01Like, That's great.
- 11:02You know, good luck.
- 11:03That's awesome.
- 11:03You know?
- 11:04And then I'm just outside, and I'm talking to this guy.
- 11:07And I meet this guy who's a VC guy, and he manages, like, a $5,000,000,000 fund.
- 11:12And this was just literally by going and standing outside on the balcony and just kinda
- 11:18shoot in the breeze with somebody.
- 11:19Well, I know once you make a connection, email is still the the best way to follow-up.
- 11:24What are some of the your email tools that you like to leverage when you're using.
- 11:29Oh, oh, yeah.
- 11:31I this is I mean, I am I am not I mixmax in no way pays me.
- 11:36They are the most powerful outreach tool and email marketing tool that I've ever seen in my
- 11:42entire life.
- 11:43My operations director.
- 11:44I we have our whole entire team on Mixmax because it's so powerful.
- 11:50You you can try for free, it will it will literally change your game.
- 11:54I don't know how many times that my director of operations and I we're saying like, hey.
- 11:58When are they gonna make Mixmax for my personal life?
- 12:00And for texting because, like, there there's just so many useful tools on it that there's
- 12:05something even like a send later.
- 12:07So have you ever been up at, you know, 1 in the morning, 2 in the morning, writing that email.
- 12:11And you're like, oh, let me just save it as a draft.
- 12:13I don't wanna send it.
- 12:14It's not gonna hit at the right time.
- 12:16So Mixmax has a 2 it's send later.
- 12:18So all you do, you write the email.
- 12:20You say schedule to send tomorrow morning at at 6:45 in the morning, and then boom, it's off
- 12:26your plate.
- 12:27And that's really what it does a lot of is automating the the follow-up process and gets
- 12:33it kind of down to a science I and again, I am in no way.
- 12:38I I they are not paying me to say this.
- 12:41I just really love their service.
- 12:42I could not do my job without mix mats.
- 12:45We have about three people on the sales team, but I'm I'm I'm kind of working anywhere from
- 12:51from 2 to 500 open opportunities at a time, and I would not be able to do the follow-up without
- 12:59knickknacks.
- 13:00So that's everything from, you know, following up a person that I meet out somewhere.
- 13:04And so it does sequencing.
- 13:06So it's like, you send out your, you know, your standard email.
- 13:10Hey.
- 13:10Nice meeting you, blah blah blah.
- 13:11Whatever.
- 13:12You know, some nice photos and what you do, and then you can set what what's really called in
- 13:16the outreach game as a cadence.
- 13:18So you you could just set the cadence and the sequencing and follow-up to to auto do it.
- 13:24This is all done through MixedMax, which which again, like you said, is, is a native extension
- 13:28of, sorry, for the music, is a native extension on Gmail.
- 13:32So kind of just a winning equation that I find, and what I've done a lot of research on is that
- 13:37apparently 8 follow ups is the winning equation.
- 13:41So when your cadence is is 8 follow ups, somebody will respond to you.
- 13:48Alright, you guys.
- 13:48I thank you so very much, and this will not be possible tonight without our wonderful sponsor,
- 13:53MixedMax.
- 13:54If you use Gmail, you need MixMax, and I'm just saying it like that.
- 13:57Because that's what I use for my business.
- 14:00The mission of small business chat is to end small business failure.
- 14:04I am Melinda Emerson, small business lady, your host, until next time, remember that you never
- 14:09lose in business.
- 14:10Either you win or you learn.
- 14:12God bless.
- 14:16Thank you for listening to the Small Biz chat podcast with Melinda Emerson.
- 14:21For more resources and small business success strategies, visit succeed as your own boss.com.
- 14:27Subscribe to this podcast wherever you listen to podcasts and join us next Wednesday.