#50 We Are Not Drinking Beer Today. Zero Sales :(

iniartworksmallSometimes you just get lucky first go…and sometimes you don’t. This is an example of me not getting lucky.

Sometimes you just get lucky first go, and other times, you don’t. I remember, it would have been 3 or 4 years ago, I was still working as a pharmaceutical rep and I had a property blog and I had a little over 1,000 email subscribers, over 100 articles, less than 120.

Were getting a decent amount of traffic and I thought, you know, I need to make some money from this – I want to make some money from this. And so, I decided to create and launch a membership site where I would teach people how to find positive cash flow properties. So, what I did was I created a single page.

Literally, a single webpage that was password-protected. That was it. It’s a functionality within every single WordPress page or WordPress post – you can set a password on it.

So, I created that and I put a video on it or a couple of videos or something like that. It wasn’t even complete, the product. I sent out an email to my list saying, “Launching this product.

Here’s a 50% discount.” or something like that and I sold it for $50 and I had $2,000 in sales in the space of 1-2 days. Before then, the most I’d ever seen in terms of a month was maybe $300-$500 in AdSense revenue. So, for me, this membership site was a big kicker for me.

This membership site, eventually, over the course of a couple of years evolved into OnProperty Plus, which is now OnProperty Listings, which makes me a good 4-figures per month and means that I can work from home and I don’t need to have a job.

That was striking it lucky. I was very lucky to launch that and to get so much success off the bat with that. Just really struck a cord with the market and what they wanted. One that’s not so lucky is my public speaking course. Yup, no sales. We are not drinking beer today. We are not celebrating and getting drunk together because there are no sales for my public speaking course.

I sent out an email to my list of about 700-800 email subscribers talking about the course. Had a bit of traffic to the page, but absolutely zero sales, nada.

I was thinking that maybe today I create some free videos for outspoken.co, but at this point, I just don’t see the point because I’m not making any money from the site. I haven’t “nailed the coffin” so to speak. I haven’t given up on outspoken.co or given up on this product.

I will still give it probably a month to see do people go to it? Are people interested in it? Do I get any sales? All I need is one sale to really encourage me to push this site forward. But I know this is my first product that I’ve ever created and it may not be aligned with the market, it may not be what they want. It has a good learning experience for me, but I definitely did not strike it lucky with this course.

It’s not something that I just launched and I sold a whole bunch of copies to this course. So, I don’t know if that means it’s a dud course, I don’t know if that means that public speaking is a harder niche to monetise. I’m not 100% sure what it means, but definitely didn’t strike it lucky. So, I’ll wait a little bit longer and see what happens and then, maybe go again and create another course or try and market it in some other way.

So, yeah, I was hoping to strike it lucky. Hoping to get a little bit of traction with this course so I could then justify working more on oustpoken.co, but unfortunately, that’s not the case. So, I’m back to just focusing on OnProperty, focusing on creating more marketing materials for that. So, more free content and driving people to my products.

I am thinking about the long term and longevity of OnProperty and me and this business and what it’s going to look like moving forward. And something that I’m doing is at the end of each of my videos, I’m doing a call to action to one of my products. So, rather than just trying to get more and more email subscribers now – which I actually think is becoming less and less relevant, less and less valuable over time. But the content is going to hold it’s value and so I really have this sense that the value is in the content. The value is not in the email list, as people say.

Obviously, collecting people’s emails are very important. But when you’ve got people who are so segmented online now, so many people surfing the web through apps. So many people go into a lot of different websites using Facebook and stuff like that. But you still develop a relationship with the person.

So, whether you’re watching someone on Youtube or you’re watching their video on Facebook or you’re interacting with them on their website or they send you an email, it’s all the same person. And I think that as I grow this brand, as I build up this brand, I think email will become less and less important over time.

I can’t remember the last time I actually bought something from an email that was sent to me; which is really interesting. But I do know that I follow people like Gary Veynerchuk, I love all the stuff that he does. I follow his podcast or his Youtube channel. And he’s the same person there. He’s the same person on iTunes as he is on Youtube and when he has a book out or a call to action, I find it through the videos he does and I then go ahead and take action.

So, I’m thinking that emails aren’t as important as they used to be. Still important, but they’re not the be all and end all. And so, what I’m doing, because I believe the content will hold value for longer into the future than collecting email subscribers, I’m actually marketing my products at the end or within each of my videos. So, I’ll do a subject like I just did one about the biggest mistakes that people make when doing suburb research, when investing in property.

So, at the end of that and throughout that video, I was talking about I’m launching a course on suburb, which you can get at onproperty.com.au/suburb. So, I’m integrating it into the videos. I did other videos and marketed other products, like my course on how to find positive cash flow properties or my membership site, OnProperty Listings.I’ve been doing more of this free content with a call to action.

So, we’ll just see how that goes and see whether that’s going to work. But I think in terms of long term strategy, I think that’s going to be the most successful way to do it, is to just have in-content discussions about my own products. I think that’s going to be pretty cool.

I am considering moving back to daily videos. I did this back in 2014, so last year. What I did was I release a new video, podcast, article every single day. So, the video gets transcribed into a blog post. It also gets converted into an MP3, into a podcast. And I saw huge growth over my site in that period of time and I’m still seeing upwards of 1,500 people visit my site every single day from the content that I produced partially during that period. Some of the content was before that.

I have noticed that as I release articles talking about the courses that I’m creating, like I’ve released some of my videos are sales videos, I’ve noticed that I’ve had sales that I feel are related to that – not to the emails that I sent out. And I know this because some of the people who purchased my product weren’t even email subscribers of mine. So the only way they could have found out about it was through the actual episodes themselves or through the menu tab on my website.

I think that it’s powerful. I think that getting people in the routine of listening to me, I think the idea of getting more and more content out there and just smashing my competitors in terms of how much content I have, how much I can be found in Google and have people find me is going to be super valuable. And I think the long term strategy of absolutely owning this space in terms of the market and getting people to come to me really allows me to have a more positive impact on people’s lives than if I was to do affiliate deals to try and sell my products and stuff like that.

I want to be like Apple and basically be fully integrated. Everything from my marketing to my products. I don’t want to make money selling other people’s products. I don’t want other people acting as affiliates for me. I want to do everything myself, which is, I guess, less like Apple, more like James Shramko and what he does over at SuperFast Business where he doesn’t have any affiliates marketing his stuff, but he just does it all himself. And I think that’s going to be the best long term strategy for me and for my business. And if I’m creating all these free content now and I’ve got the backend, like my virtual assistant Dipti, she’s absolutely awesome.

She can get all this stuff up. So I can create 3 videos in the space of a couple of hours. I then upload them, let her know about it and then, bam! She’s away, gets everything scheduled, gets everything ready and published on time. So I don’t have to worry about all that backend stuff anymore. It’s not sucking my time. So, I think it’s more achievable for me to do daily videos now than it used to be.

So I’m excited about that. That’s going to be good. I think we’ll move towards that I was doing 2 videos a day for a while and I’ve just started moving to 3 videos a day. I’m going to get my way up to 5 videos, so Monday to Friday there’s going to be a video every single day. And then, as soon as I have enough content and I feel like I can keep it up, then I’ll go ahead and I’ll do fully a video every single day.

I think that’s going to be exciting because then once I’ve created this course on suburb research and then I’ve created the course on how to evaluate an individual property, then I can just focus on marketing those courses.

The free videos could be all I do. That could just be the only stuff that I have to do on my business. It’s just, I do free videos and I do customer service, like emails and stuff like that. And then I could definitely work 5 hours per day. Working 5 hours a day has been pretty rough.

It’s been getting difficult to get into the habit. But I think now that I’m starting to do it, starting to get used to it. I think there’s massive value in it for me, for my family, for my wife – to help her out. But then, also for me, in terms of socially, I will then have more time. My wife will be less stressed, so she’s okay if I go for a surf or if I go to someone’s house and play Smash Brothers or something like that. I think it’s going to be good, I think it’s going to be long term.

I think I can definitely make enough money – if not more money doing just 5 hours a day than doing 8 or 9 hours a day. So, it’s definitely something that I’m going to be working towards and it’ll probably happen faster than I expected.

Anyway, I have rambled on enough. I’m excited to get on with the day to go ahead and make some videos. I’ve got 4 hours until I finish work. So, let’s see how many videos I can get done. If I get 3 done, I’d be happy. But why not push for 4 and then I’ve done 7 this week, hey? Well, we’ll see how we’d go. Hope you guys are having an awesome day. I hope that you are working on your business. I hope that sometimes you get lucky and you get a quick win like I did when I first launched my membership site for OnProperty.

Sometimes you just don’t get lucky and you need to re-evaluate and think, “What did I do wrong? What can I do better?” And also, I want to encourage you, it’s not about doing the grind and working 12-16 hour days. It’s about achieving what you want to achieve, having the biggest influence that you can – positive influence on people’s lives. And then living the life that you want. Living the life that you want is super hard to work out. So hard to work out what kind of life do I actually want. What I want to do for work? What I want to do with the rest of my time when I’m not working? But it’s totally worth it if you can work it out.

I’ll keep you guys up to date on that. Until next time, if you want instructions, go and buy some furniture.

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