“Success is the ability to go from one failure to another with no loss of enthusiasm” ~Winston Churchill
Welp, the hits just keep on coming…
We had been planning for this for quite awhile now.
Our very first official “launch” campaign where we’d start to get some real-life, paying members!
Quick background – on top of their content marketing expertise and experience – our third co-founder was brought on largely because they’d been for over a year or so, cultivating a fairly sizeable list of folks that were interested in contributing to notable blogs or being a guest on prominent podcasts – essentially exactly the service that our platform provides. These people had opted into receiving a straight-forward excel sheet chock full of contact info for various blogs and podcasters that were known for accepting guest contributors/interview guests.
All three of us were convinced that these type of folks would absolutely flip their lids over something as robust as AwesomeGuests compared to that simple little csv file. As accurate and long as that file is (and the many like it available online); it didn’t necessarily mean that the hosts listed on there were interested in hearing from whomever was randomly pitching their publications/shows. So although a resource like this is definitely a step in the right direction for finding opportunities; it’s not the same as an active matching type of environment.
So obviously, these 1,000+ folks looking to connect with bloggers and podcasters would be blown away with the opportunity to get in on the ground-floor of such a game-changing tool like ours, right? Right?!?!!
Oh man, were we wrong!
So fucking wrong.
We got seven paying members.
Seven. Out of over one thousand.
Yuuuuppp.
Turns out that we seriously misunderstood these people entirely. Now like all of my past business blunders; it’s all rather elementary and obvious after the fact.
Even though yes, all of the folks on this patiently amassed email list were all so very enthusiastic over a world-class tool like ours to greatly aid them in their quest for much better exposure; they were largely an amateur-level group of professionals. That is to say, not really actively dedicated to achieving the growth they stated that they wanted.
How did I arrive at this conclusion? They wouldn’t even pay seven dollars a month to access this sophisticated tool compared to the free list they initially were drawn by.
Wow, not even seven dollars.
Understandably, right now I’m feeling like this launch (and hey, maybe even our entire platform) is he biggest damn waste of time ever.
Despite how this all feels, I can see how these are precisely the kind of lessons that anyone doing this type of schtuff receives in droves along the way. This type of reaction is also why I only put a meager amount of stock in trying to grow truly new and innovative ideas via the “MVP” model since showing interest is rarely the same as actually putting down realy money. Even if you ask folks and they say they’ll put down money – you don’t have a real thing until they actually do. And so who will actually part dollars on something that is barely working (ie. a MVP). I can see how the MVP philosophy might work for some things out there but not for a solution or an experience like we’re promising.
Right now, I’m super raw from getting our asses handed to us like this. I think I can afford to lick my wounds for the next day or so and then I’ll put on my big-boy pants and have to start thinking better and faster to ascertain if there is indeed a real market out there for our robust, world-class platform.
Oh but wait, this week got even better…
The double whammy for me is that since I was feeling pretty good about all of the progress we’d made thus far with our platform and was juiced from all the activity in prepping our launch; I had decided to finally reveal the specifics of AwesomeGuests to a group of fun entrepreneurs and a world-class, bona fide influencer – the inestimable Pat Flynn!
Pat is absolutely one of the forces for good in the world of entrepreneurship. Out of the goodness of his heart, he convenes a monthly meetup here in San Diego where lots of entrepreneurs gather to hear the latest about what he’s learning as well as trouble-shoot each other’s pressing issues – all at no cost!
Well, we had launched our campaign earlier in the week and so this Wednesday, I had the group take a look at the platform as well as try out my initial 30-second elevator pitch-spiel thingy. I stumbled on my words, probably wasn’t very concise of benefits-focused in my introduction of the platform and for the most part, did a pretty good job of helping the group not care about what they were about to take a look at.
But hey, this group is always rather generous in spirit and so everyone took a look. And then they basically all ran into various issues with the website. And even when it did work – most just didn’t understand how this would make their life any better. And in the ways that they understood what it did – they all pretty said they’d have a hard time paying for the service at all.
Just a quick review: our platform saves podcasters/bloggers an incredible amount of time in finding high-quality, unique and compelling guests (1/10th of the make up of the group). And for those that want to grow their reach and influence as thought leaders (pretty much the entire group fits this category), our platform dramatically improves their life and efficacy by matching them with hosts that are actively looking for guests.
So with the above factors in play in terms of who was checking out AwesomeGuests for us that afternoon – it was disheartening to say the least that pretty much everyone was like “meh” to what they just experienced.
This sucks… I love everyone in that group but man, did I not enjoy my time with them at all this week. Shit man, why can’t people just fall in love with this damn thing?!
So for those of you keeping score at home; two freakin’ huge pieces of humble-ass pie for Joon versus no wins.
Damn, this was a rough couple of weeks… I’m sure I’ll stop crying and get back to the grind over the weekend.
But man, this hurt.
A lot.
See you next time true-believers!
