Leveling Up with Eric Siu

I Blew $200k Trying to Start a Coaching Program


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In this episode, Eric shares the lessons that he learned from losing $200,000 trying to start a coaching program. He talks about not having sales nailed down, why good marketing alone is not enough to sell a product, and other key lessons he learned from this loss. To hear more, tune in today!

TIME-STAMPED SHOW NOTES:

  • [00:21] Before we jump into today’s interview, please rate, review, and subscribe to the Leveling Up Podcast!
  • [00:38] The benefits of doing a post-mortem after you complete a project.
  • [01:10] What prompted Eric to start a training program when the pandemic hit. 
  • [01:50] How the campaign for the program was received.
  • [02:15] The problem Eric faced by not having a sales team for the program.
  • [02:50] Some of the things that went really well for Eric.
  • [03:50] Lessons learned from the failure of the training course. 
  • [05:27] If you don’t have passion for your product, don’t pursue it.

 

Resources From The Interview:

 

  • Traction
  • Leveling Up

 

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    Leveling Up with Eric SiuBy Eric Siu

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