Onward Nation

Onward Nation

By Stephen Woessner (CEO of Predictive ROI) talks with today's top business owBusinessNewsBusiness News
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Onward Nation episodes

  • Becoming an Effective Leader, with Tevis Trower
    Becoming an effective leader can be attributed to many different things. Tevis Trower will teach you the steps to becoming an effective leader.

    Tevis Trower is the founder and CEO of Balance Integration Corporation, focused on helping build corporate cultures that allow employees to thrive. Their remarkable client list includes companies like Google, Yahoo, Disney, Viacom, AOL, Soros, Bloomberg, Morgan Stanley, and more. Tevis is considered a pioneer and leader in the field of cultural transformation at work, with significant expertise in imposter syndrome, trust, innovation, emotionally sustainable leadership, and fostering an environment of resilience. She has been featured in prominent media outlets such as Forbes, Business Week, Fortune CIO, The New York Post, Yoga Journal and many more.

    Early in Tevis's business career, she recognized that there is a need for more human-focused leadership in today's business world. Many companies say "people are their most valuable asset," but not enough companies focus on creating powerful people-focused cultures that allow their employees to shine. Tevis believes that the key to becoming an effective leader is to recognize and embrace the reality that you bring your whole self to work, both your strengths and your weaknesses.

    Tevis sees imposter syndrome as a sort of "default human state" that we all experience, created by our fear of failure and our strong need for success. She believes that what pushes many high performers to succeed is not a desire to win but a drive to avoid failure and the stigma associated with it. In her work, she helps people recognize their focus on the things that create discontent rather than the things that bring them joy, and she helps them reconnect with their heart and with the things they love.

    What you will learn from this episode about becoming an effective leader:
    • How Tevis's upbringing taught her the value of curiosity and how she realized the importance of leadership engagement
    • What are the smart ways of becoming an effective leader without compromising your company and the team
    • Why imposter syndrome is a common problem in the C-suite that often affects the people we least expect
    • Why Tevis started her company in 2002, and how the needs of her clients caused the company to evolve its focus to culture and wellness
    • How, after seventeen years in business, Tevis realized that something was missing from the work she and her team were doing, and what eye-opening realizations she had
    • Why Tevis realized the most important contribution she could make to her team was to back up and let them work through their own realizations about what needed to change
    • Why employees want their leaders to be vulnerable, human, and unpolished and want to feel a sense that their own voice is helping shape their company
    • Why people are trained their whole lives to believe that they don't have a role in shaping the culture around them and why this creates blind spots in leaders
    • Why getting input from your team doesn't mean that you are an indecisive leader and why that input can be a powerful resource for your business
    • Why self-awareness at work helps you further your leadership growth and form stronger relationships with the people around you
    • How you could start becoming an effective leader that your team is going to love
    Resources:
    • Website: www.balanceintegration.com
    • Twitter: @corporateyogi
    • LinkedIn: www.linkedin.com/in/tevistrower/
    • LinkedIn: www.linkedin.com/company/balance-integration-corporation/
    • Start becoming an effective leader through some guidance and mentorship
    Additional Resources:
    • Sell With Authority by Drew McLellan and Stephen Woessner: https://amzn.to/39y7x13
    • Predictive ROI Free Resource Library: https://predictiveroi.com/resources/
    • Stephen Woessner's LinkedIn: www.linkedin.com/in/stephenwoessner/
    • Listen to a related podcast about becoming an effective leader from our guest, Yigal Adato
    33 min
  • Register Your Trademark, with Joey Vitale
    Register your trademark to protect your company's brand. Learn from Joey Vitale on why it's so important to register your trademark.

    In today's podcast, Joey Vitale will discuss the importance of why you need to register your trademark. You will learn a lot because he is an attorney and business strategist for thriving entrepreneurs. As the Founding Attorney of Indie Law, Joey works with small business owners to protect their passions and give them the legal foundation they need to thrive and make an impact. Outside of his firm, Joey provides courses, presentations, and workshops that focus on the legal issues that matter most: trademarks, business formation, copyrights, and contracts. While based in Chicago, Indie Law serves business owners all over the country.

    What you will learn from this episode about why you need to register your trademark:
    • Why Joey decided to break out on his own and began working with small businesses to help them protect their assets
    • Why you need to register your trademark and how Joey helps his clients better understand and navigate these issues
    • Why niching down and becoming the expert in his niche has been tremendously helpful in growing Joey's business
    • Why half of the 500,000 trademark applications filed last year failed, primarily due to an existing or very similar trademark in place
    • Why trademarking descriptive words and phrases is becoming a major trend impacting sellers on e-commerce sites like Etsy
    • How Joey and his team help business owners monitor words and phrases that appear on their goods to help protect them from others who attempt to trademark those words
    • Why it is important for business owners to be proactive in protecting themselves, and what resources business owners can use to better understand trademark
    • How "common law trademark" and "registered trademark" differ, and how to use the Trademark Electronic Search System (TESS) located at https://uspto.gov
    • Why protecting yourself with trademarks proactively is far more cost-effective than trying to fix problems after the fact, and why an attorney's assistance is invaluable
    • How social media platforms are increasingly becoming protective of their names and are going after educators for using the platform name in the title of their courses
    • How you can protect your company's brand once your register your trademark
    Resources:
    • Website: https://indielaw.com/
    • Free Indie Law guide to the four biggest trademark mistakes to avoid: https://indielaw.com/freeguide-1/
    • TESS Trademark Database: www.uspto.gov
    • Instagram: www.instagram.com/joeycvitale/
    • Facebook: www.facebook.com/indielawfirm
    • Facebook Group: https://www.facebook.com/groups/levelupyourlegalside/?source_id=306914809658065
    • Get to know the basics before you register your trademark
    Additional Resources:
    • Sell With Authority by Drew McLellan and Stephen Woessner: https://amzn.to/39y7x13
    • Predictive ROI Free Resource Library: https://predictiveroi.com/resources/
    • Stephen Woessner's LinkedIn: www.linkedin.com/in/stephenwoessner/
    • Register your trademark by learning about these branding fundamentals
    38 min
  • Find and Follow Your Passion, with Joe Battista
    Find and follow your passion while setting attainable goals. Listen to Joe Battista's advice on how to find and follow your passion.

    Joe Battista, our guest for today's episode, will teach you how to find and follow your passion then set a career path for you. He is a professional speaker, instructor, author, and Owner of Pragmatic Passion LLC Consulting. His first book "The Power of Pragmatic Passion" was released in September of 2018. He serves as Vice President and an Executive Coach for the National Athletic and Professional Success Academy. In 19 seasons as the head coach of the Penn State Icers his teams won 512 games and six American Collegiate Hockey Association (ACHA) national championships.

    Joe helped secure the largest gift in Penn State history from Terry and Kim Pegula ($88 Million) in 2010 to establish NCAA hockey teams and construct the Pegula Ice Arena. He was named Associate Athletic Director to oversee the project. The American Hockey Coaches Association (AHCA) named Joe the 2014 winner of the "Lou Lamoriello Award" for his career contributions to college hockey. Joe was a Vice President of the Buffalo Sabres and a Director of Amateur Hockey for the Pittsburgh Penguins.

    He is a member of the American Collegiate Hockey Association Hall of Fame and the Pennsylvania Sports Hall of Fame. Joe is a 1983 graduate of Penn State's Smeal College of Business and he resides in State College, PA with his wife Heidi and they have 3 children, Brianna (26), Jon (24), and Ryan (18).

    What you will learn from this episode about how to find and follow your passion:
    • How wise mentorship and coaching from others helped guide Joe to follow his passion into a career in the business and coaching sides of hockey
    • How to find and follow your passion while also setting attainable goals
    • How Joe's time at Penn State was capped by helping raise the largest single financial gift in the university's history to establish Penn State's hockey program
    • How Joe's book "The Power of Pragmatic Passion" has been a powerful networking and business development tool for his business
    • How Joe defines a "pragmatic passion", and why he believes passion alone isn't enough to succeed
    • How turning his "pragmatic passion" into a career has given Joe a deeper feeling of fulfillment and purpose
    • What Joe's "seven common sense principles" are, and how business leaders can integrate these principles into their leadership
    • Why you should give yourself a quarterly or semi-annual "you review" evaluation of where you are in life and in your career
    • Why purpose and passion can be incredible tools to help you get through the "grind" parts of your career
    • Why convenience store brand Sheetz employs someone specifically to figure out how to put the company out of business five years from now
    • Why you need to find and follow your passion as early as possible
    Resources:
    • Website: www.pragmaticpassion.com
    • Email: [email protected]
    • The Power of Pragmatic Passion by Joe Battista: https://amzn.to/2QCTmRN
    • Facebook: www.facebook.com/coachjoebattista/
    • Twitter: @coachjoeba
    • Find and follow your passion with the help of these book resources
    Additional Resources:
    • Sell With Authority by Drew McLellan and Stephen Woessner: https://amzn.to/39y7x13
    • Predictive ROI Free Resource Library: https://predictiveroi.com/resources/
    • Stephen Woessner's LinkedIn: www.linkedin.com/in/stephenwoessner/
    • Listen to another podcast on how to find and follow your passion from our guests, Drs. Brandon and Heather Credeur
    41 min
  • Why Use Digital Media, with Mark Smith
    Why use digital media for your business? Listen and learn from Mark Smith about business development and why use digital media.

    Why use digital media for your business? Listen to some essential insights from our guest, Mark Smith, on why some businesses need digital media to help them grow.

    Mark Smith is the Business Development Director of The ChannelPro Network, the premier resource for growing IT service companies. Mark was the Founder of Windows NT Magazine, with a reach of 1.5M unique enterprise IT professionals in 160 countries. Mark sold Windows NT Magazine to Penton Media for $100M. EH Media has helped customers generate thousands of leads, and Mark teaches these marketing automation techniques to MSPs through his online mentoring program called Recurring Profits Mastery.

    What you will learn from this episode about why use digital media:
    • How Mark helps media companies launch new products and do business development
    • Why use digital media to help grow your business
    • Why Mark chose podcasting and video over other media channels
    • How Mark found success as a media professional by niching down in the IT industry
    • The process and timeframe Mark followed to develop his webinar and online course
    • Mark's N.A.T.I.O.N. framework and how you can use it to generate traction within your market
    • The obstacles that entrepreneurs have to overcome to make progress as a media company
    • The litmus test (pyramid) Mark developed for his guest funnel
    • Why use digital media now and leverage the benefits as early as possible
    Resources:
    • Website: IoTPlaybook.com
    • Podcast: https://podcast.iotplaybook.com/
    • Twitter: https://twitter.com/IoTplaybook
    • LinkedIn:
      • https://www.linkedin.com/in/markhoustonsmith/
      • https://www.linkedin.com/company/iotplaybook/
    • Facebook: https://www.facebook.com/iotplaybook/
    • Need more insights on why use digital media for your business? Ask the experts
    Additional Resources:
    • Sell With Authority by Drew McLellan and Stephen Woessner: https://amzn.to/39y7x13
    • Predictive ROI Free Resource Library: https://predictiveroi.com/resources/
    • Stephen Woessner's LinkedIn: www.linkedin.com/in/stephenwoessner/
    • Listen to a related podcast on why use digital media from our guest, Robert Rose
    48 min
  • Increase Business Value, with Frank Lunn
    Increase business value, a podcast episode with Frank Lunn. Learn how to identify and understand the factors that increase business value.

    Frank Lunn is a life-long enTREPreneur leading other enTREPreneurs & enTREPreneurial companies in the creation of a collaborative enTREPreneurial support ecosystem and helping them increase business value! Frank is a proven small business entrepreneur with a passion for maximizing resources and inspiring both individual and business growth. Currently, he is the President/CEO of Kahuna Business Group Inc., a business development company for empowering entrepreneurship.

    As President of Kahuna, Frank has played a vital role in the vision, facilitation and leadership of KBGI and its client companies. His unique experience and entrepreneurial leadership has helped transform Kahuna Business Group, Inc. into a multi-million dollar enterprise.

    In addition to being an expert business leader and small business entrepreneur, Lunn is a respected authority on leadership, motivation and opportunity. In his books, Frank shares his own life changing experiences providing readers with the proven tools they need to convert life challenges into opportunities for success. Lunn's books include Stack the Logs!: Building a Success Framework to Reach Your Dreams, Carpe Aqualis! Seize the Wave, and Blessings in Adversity: Convert Challenges, Difficulties & Hardships Into Blessings & New Opportunities.

    What you will learn from this episode about how to increase business value:
    • Why not appropriately planning for an exit from his business ended up costing Frank millions of dollars, and how that experience sparked his current work
    • Why the business valuation process was a painful and eye-opening experience, and why Frank was unprepared for the results
    • How Kahuna Business Group came to be, why their focus is on helping entrepreneurs, and how the lessons Frank learned exiting his business play a part
    • What Frank considers to be the drivers of a business's value, and why some of the things that can increase business value may not be immediately obvious
    • Why it is important for the business owner to not be the real driver of the value of the business
    • Why having a great CFO who is willing to gently tap the brakes on your big ideas rather than slamming the emergency brake is key
    • Why you should be thinking about your future goals and making decisions based around those goals
    • What modern valuation tools are available to business owners, and why technology like cloud computing has created new opportunities for entrepreneurs
    • Why it is important to identify and understand what is truly helping you increase business value
    Resources:
    • Website: https://kahunaworld.com/
    • LinkedIn: www.linkedin.com/in/frank-lunn-5742648/
    • LinkedIn: www.linkedin.com/company/kahuna-business-group/
    • Get in touch with Frank in helping you increase business value
    Additional Resources:
    • Sell With Authority by Drew McLellan and Stephen Woessner: https://amzn.to/39y7x13
    • Predictive ROI Free Resource Library: https://predictiveroi.com/resources/
    • Stephen Woessner's LinkedIn: www.linkedin.com/in/stephenwoessner/
    • Learn how to scale and increase business value with our guest, Mike McDerment
    38 min
  • Episode 917: Overcoming fundamental flaws within a business, with Stephen Woessner

    Good Morning Onward Nation — I'm Stephen Woessner, CEO of Predictive ROI and your host. And holy bananas — it's a New Year and a brand new DECADE!

    This time of year is special…maybe it's because how much I love Christmas…or maybe it's the second chance to get things right that each New Year represents.

    Between Thanksgiving and New Years — I intentionally take time to reflect back on what was accomplished in the previous year — and — consciously direct my attention toward the year ahead.

    I map out strategies, action steps, draw out illustrations in my journal of how it will all coming together — and when it's done — I feel at peace with what is about to be put into place.

    Then with each passing day — as we get closer to January 1st — the excitement builds and I can't wait for the starting line to get here!!!

    Because that line was just a few day ago — I elected to focus today's solocast on two topics that will be helpful to you and your team if your goal for 2020 is to Double Down!

    And for covering the two topics — I'm going to take you behind the curtain to shine a light on some of the biggest obstacles to building and scaling that we experienced during the early days of Predictive ROI.

    I decided to share these lessons with you in full transparency — although embarrassing — because getting them right was a key to stabilizing and then growing Predictive. And — I wanted to share tangible examples with you…not marketing hyperbole or theory.

    I also decided to share these lessons in the hopes that if I can help you avoid some of the mistakes, missed opportunity, or gain traction faster than we did…well…that's rock solid awesome!

    So buckle in — here we go…

    The early years of Predictive ROI started over a decade ago.

    I wrote my first book — The Small Business Owner's Handbook to Search Engine Optimization — back in 2009. Shortly after it was published — I started getting offers to do side work projects for companies.

    At the time — I was part of faculty and academic staff at the University of Wisconsin – La Crosse and happy with my position within the College of Business. I was teaching at UW-La Crosse and several other UW campuses include the School of Business at UW-Madison.

    I was also involved in on-campus research, publishing, and serving our community through board seats and committee work.

    I loved being on campus and my plate was full.

    For a while — I just declined the side work that came as a result of my book. I said "thank you but no" because I didn't want there to be any conflict of interest with the university.

    But then I did some research — determined that it would be fine to say yes here and there — did a project — and holy bananas…it was a lot of fun.

    The side work grew to the point that I had to make a difficult decision. Was I going to stay at the university — or — take on the challenge of trying to build a company?

    I couldn't say no to the challenge — so I resigned from the university and most of the people who knew me thought I was making a mistake.

    Not going to sugar coat it for you — the first 5 years of Predictive ROI felt like an impossible grind. There were exceptionally long hours, we aimlessly wandered through wins, losses, and tried to figure out our identity.

    On the personal side — my wife and I invested everything we had into the company — and we racked up personal debt.

    We were beyond "all in."

    Now that we're on the other side of it — Praise God — I can see that we struggled because of several fundamental flaws within the business.

    One — we lacked clarity around a vision for Predictive.

    Two — we had zero idea of what an ideal client or prospect looked like.

    And Three — because of points One and Two…we said "yes" to every project and every client, which cost us time and money each and every time but we were too blind to see it.

    But thankfully — with the help of incredible mentors and lessons learned from our generous Onward Nation guests — we began to see that in order to be excellent at points 2 and 3 — we had to get our vision for the business down on paper and begin living by it.

    So we dug in. And when we did — we learned that "vision" actually meant three things:

    1) defining our core values

    2) getting clear on our purpose

    3) constructing a mission that embodied a bold and audacious goal for Predictive

    We didn't have any of these in the early years.

    Because here's the reality. We were working hard just to survive and we didn't give ourselves the time to think strategically about the direction of the business.

    Candidly — I would have rolled my eyes at the notion of taking the time to work on it. I likely would have said, "Yeah, that's all well and good — but I have sales to make."

    It's really hard to think about vision when the pressure of making payroll is upon you.

    Sound familiar?

    Ever heard the expression, "Running a business feels a lot like fixing the plane while flying it". Whoever came up with that line was so spot on.

    My team and I did a lot of "fixing while flying" and we knitted the early years of the business together.

    Then — we got a little breathing room. Then a little bit more. We paid off several chunks of debt and began to see the sun through the clouds.

    But as nice as the breathing room was — we also felt some obstacles to going further. We could see ahead but also felt stuck.

    Then it clicked — we had taken Predictive as far as we could without putting a proper foundation into place.

    Thanks to lessons from our mentors (Drew McLellan and Brett Gilliland if you're reading this…THANK YOU!), and the hard work put in by my leadership team — and all of our teammates — we now have a foundation (vision) for Predictive that include values, purpose, and mission.

    You can find our core values on PredictiveROI.com here.

    And funny thing…

    As we were going down the path of doing our vision work — I was also interviewing successful business owners for Onward Nation episodes — and I kept hearing our guests talk about the importance of vision, values, purpose, and mission and how completely that work made a huge difference in the trajectory of their companies.

    Quick aside for a second…

    Have you ever bought what you think is a unique car? And then "all of a sudden" as you're driving along — you see versions of your new car driving down the road?

    The cars were of course there all the time but you didn't see them because of the "reticular activating system" — or RAS — inside your brain.

    Your brain was literally blocking your ability to see the other cars. But your RAS let them in once there was commonality and that data point became relevant to you.

    Weird how our brains work, right?

    The lessons around vision were always there in front of me — either from mentors or Onward Nation guests — but my brain blocked the knowledge until I was ready to receive it.

    So I'm hopeful that if your goal is to DOUBLE DOWN in 2020 — you'll be open to what I'm sharing with you.

    Getting your vision down on paper, building the right team around your vision, and having a structure in place to measure progress is critical if you're going to scale to an 8-figure business and reach $10 million+ in annual revenue.

    I'm going to share two resources that will be helpful as you do your visioning work.

    First — I recommend reading some of Jim Collins' earlier work. You may be familiar with Jim as the author of "Good to Great", which is a rock solid awesome book to be sure.

    But in my opinion — Jim's earlier and a lesser-known book, "Beyond Entrepreneurship" is better because of the deep dive around vision, values, purpose, and mission.

    You can find Jim's book on Amazon here.

    Second — I encourage you to attend the free training that I'm co-hosting tomorrow (January 9th) with Brett Gilliland, CEO of Elite Entrepreneurs. As I mention earlier — Brett is one of my mentors and he's also a 2-time alum of Onward Nation.

    Before founding Elite Entrepreneurs, Brett was one of the key executives at Infusionsoft that helped grow the company from $10 million in annual sales to over $100 million. He now teaches his Elite members the principles he and the team at Infusionsoft used to build, scale, and dominate their industry.

    Because I felt the tremendous impact of working through vision alongside Brett and his team — I asked if he would be open to sharing his expertise in a free training session so you could learn directly from him, too.

    He graciously agreed. The free training is TOMORROW, January 9th at 1:00 Eastern. This is a private training — just for you and other business owners in our community.

    You can find the details here. If you can't make it live — still register so you get the recorded replay.

    Okay — just a couple more insights around the visioning work we did at Predictive.

    One — it doesn't have to take you and your team years to get the work done. I wish we put ours on paper WAY BEFORE year 8 in our journey. Good grief.

    Learn the framework from Brett on January 9th, study Jim's book, and get your vision down on paper…quickly.

    If you do that — you will be YEARS ahead of your competition as you step into 2020. Most of them are aimlessly wandering through the wilderness — but you won't be and that's a powerful advantage.

    And Two — no matter what you put down on paper…just recognize it will evolve over time.

    As you bring more people onto your team — they will make it better by pushing against it in new ways. And they will add things to it that you would have never thought of and likely help make it even more audacious. Awesome.

    Stop waiting. Push the fear to the curb — take an afternoon. It won't kill your business if you step away for a few hours (you just think it will — trust me — been there).

    Promise yourself that you'll get it done.

    Good?

    Okay — I look forward to hearing more about your 2020 plan with your newly defined — or updated — vision. Drop me a line at [email protected] — would love to hear from you.

    Now that the foundation of a vision has been set in your business — let's work through how to go about building a sales funnel to ensure you have enough opportunity flowing into your business…so there's enough cash to fund all of the things you need to get done in order to DOUBLE DOWN in 2020.

    And let's start off with setting some expectations and some definitions around what sales funnels are — and — what sales funnels are not.

    I'm starting us here because there is so much marketing hyperbole around sales funnels that I can barely spend time on Facebook any more.

    If I have to see one more Facebook ad from "business coach" claiming that all I need to do in order to build my business is to download his or her 7-figure email swipe file…I think I might scream.

    Most of those ads are gimmicks and are being promoted by coaches who don't really have an actual business. They have built a revenue stream by selling you a thing that will show you have to build a similar revenue stream by selling the same thing to other people just like you.

    Do you remember back in the day the classified ads…mail in $7.00 and you will get this thing that will show you how to place classified ads and you will make a ton of money?

    Same game — it's just now being played on Facebook.

    That's not a business. And that's not a sales funnel that will help you build a 7-figure or 8-figure business delivering real value to your clients.

    And here's another reality check about those 7-figure business coaches we see and hear on Facebook.

    Did you know that…

    According to the US Department of Labor — only 4% of the 28 million businesses in this country ever…like ever…reach over 1 million in annual sales.

    And I'm pretty sure that the majority of coaches and quasi-experts making the 7-figure claim haven't truly reached a million dollars in their business, they haven't owned an actual business, or they've never built and scaled a company like what you and I are building.

    So our discussion around how to build a sales funnel is going to be much different.

    You and I are going to focus on the content you need to create to establish yourself as THE AUTHORITY in your market — and — how to structure your service offering into a VALUE LADDER that actually works for filling the sales pipeline in your business.

    No gimmicks. But instead — it will take time and effort but you will have something in the end that is actually helpful to your business.

    Good?

    The speed at which you build and scale your business will largely depend on two things:

    1) your ability to teach and share your expertise to build and nurture your audience through consistent cornerstone content…

    And 2) how well you construct your value ladder.

    Okay — let's tackle each of these.

    How do you build and nurture your audience?

    You do that by creating "Cornerstone Content" and sharing it with your audience.

    So what is cornerstone content?

    Drew McLellan, CEO of Agency Management Institute and host of the Build a Better Agency Podcast, and I recently finished writing a book entitled, Sell with Authority. So here's how Drew defines Cornerstone Content…it's content that's:

    • Meaty enough to produce lost of smaller pieces
    • Significiant enough to serve as the epicenter of your promotion, activity, and eventual fame within your circle of influence
    • Consistent in how often you create content and how much you stay focused on one topic or area of subject matter
    • Sales-free. This is about teaching and helping. Stop. Period. End of story.
    • It's always about your audience. That should be your primary goal.
    • It's a long term play. No one's going to recognize you as an Authority after three months.

    Now do you see why I think the 7-figure email swipe file sounds ridiculous? Argh.

    Cornerstone Content is meaty, dense content that gives you plenty of opportunities to slice and dice into what Drew and I call, smaller "Cobblestones."

    Depending on the channel you choose for your cornerstone content, you might only need to create it once a year — like a research study — or in the case of a video or podcast series…it should be once per week.

    As you and your team talk through how, what, where, why that you should be creating cornerstone content for your 2020 content strategy — I encourage you to go back to Episode 676 of Onward Nation…because I break it all down.

    I think it will be helpful to you and your team.

    And it is through consistent cornerstone content that you will build and nurture your audience.

    Drew and I are often asked, "But…how long will it take?" And as you may have guessed — the answer is…it depends and there are several factors…

    First — the consistency of your content creation. Are you disciplined with a weekly schedule?

    Second — the quality of your content. Are you saying something fresh or just repeating old news?

    Third — the amount of time and effort you spend promoting and sharing your content.

    Fourth — the hunger of your audience. Some of them are starving and will gobble up everything you share. Others may only consume the tastiest of offers.

    Fifth — the level of competiton and how narrow you decide to go. If you're writing about general healthcare marketing, for example, it's going to be a long haul. If you're writing about marketing to women over 50 with breast cancer…you'll have much quicker adoption.

    And sixth — those luckly-strike moments like having someone else with a similar audience share your content in their world.

    But as I said earlier — building a nurturing your audience is not a get rich quick scheme. Drew and I will often say that you should count on taking six months to a year before you reap any significant benefit from your efforts. By year two, you should be dancing a jig at how well it's working, and by year three, you should be well-established as the authority you are.

    If you go back to Episode 864 of Onward Nation — I walk through the pros of going narrow…and how going narrow is the secret to monetizing faster.

    Now that you have a framework for your 2020 content strategy — we can turn our attention to how your content ought to be structured in a sales funnel that will act as a pipeline to grow your business. In order to do that…you need to think of your audience in four different categories.

    You have a MACRO audience…a MICRO audience…a NANO audience…and an EXISTING audience.

    Let's break each of these down.

    When someone is part of your MACRO audience — they engage with your cornerstone content from the sidelines…at a distance. They consume…they may even subscribe to your podcast via iTunes or your YouTube series…but they are not addressable. Meaning — they yet haven't stepped forward and shared their email address with you in exchange for a downloadable thing or some other resource.

    Website visitors, most social media traffic, and podcast subscribers are all part of your MACRO audience.

    For example, iTunes doesn't allow you to download an email list of your podcast subscribers. You also can't download an email list of everyone who visits your website on a daily basis.

    Yes, your website visitors can be retargeted through paid ads — but even then — they're still not addressable one-to-one via email.

    So your goal is to grow your MACRO audience while remaining focused on your niche. You don't need a million downloads of your podcast episodes if you're focused on serving a small, super profitable niche.

    Now for MICRO…

    Once someone decides to share their email address with you in exchange for a piece of content like an eBook or some other resource…they become part of your "addressable" MICRO audience.

    They have moved to the second stage of your sales funnel. MACRO is stage one — and MICRO is stage two. They have raised their hand and said — "Okay — you have earned enough of my trust that I am willing to give you my email address to get access to X resource."

    Yes, one could argue that social media followers are addressable because you could send a direct or a private message to a specific follower.

    Or…you could download the email addresses of all your LinkedIn connections and send them an email campaign.

    All true.

    But — in reality — you have a business to run and will not likely have the time to do much one-to-one messaging on social — and — GDPR made downloading the email list of a LinkedIn connections and hitting "send" — pretty risky.

    So — in thinking about what's realistic — MICRO for you is most likely when someone opts in for your e-newsletter or downloads a helpful resource from your website.

    Before we move on to NANO — I want to share another lesson from Drew that had a significant impact on me…and my guess is…it will be helpful to you, too.

    And that is that someone may stay in your MICRO audience for a day or a decade. All you can do is be helpful over that period of time. Provide them with helpful resources, great recommendations they can take and apply, and be patient.

    When someone in your MICRO audience feels comfortable — and you have delivered the best of what you've got — and have done that for years — and have always put their interest ahead of your own — some of them will be ready to move on to stage three…or NANO.

    NANO is where the monetization happens.

    A whole lot of trust needs to be built before someone moved to NANO.

    For example, if one of the podcast guests who happens to be a member of your "Dream 25 Prospect List" decides to engage you and team for a project…or a guest books you teach a workshop, deliver keynote at their conference…or you offer a course to your MICRO audience and it sells…these are all examples of monetizing at the NANO level.

    But — and this ties directly into the next chunk of what I wanted to share with you during this solocast. It will be difficult for you to monetize at NANO — or to build a consistent sales pipeline for your business if you haven't taken the time to build out a value ladder.

    Your value ladder provides new and existing clients with defined ways to begin or continue doing business with you. It starts with a low price point and limited scope of work…and progressively increases in price and scope.

    When you have your value ladder fully built out — it might include 3, 5, or 8 different rungs that go from free all the way up to your highest priced, and most valuable service level.

    But for the ease of discussion and getting started…I want you to think of just three rungs on your ladder…and then you can build it from there and make it more sophisticated over time.

    The price point on the first rung on your ladder is FREE. So if you've completed the MICRO stage in the sales funnel…you've already got the first rung of your value ladder built.

    But don't stop with just one downloadable eBook, guide, or tip sheet. Because if you offer up one thing…it will appeal to a segment of your MACRO audience…but of course…not everyone.

    So I encourage you to build out a Resource Library where you are offering your MACRO audience many FREE resources that can be helpful to them across a number of different situations or scenarios.

    The Resources Library on PredictiveROI.com could be a helpful example as you and your team build out your own.

    Okay — the second rung on your value ladder should be a service offering that you can provide a client priced at about 10-15% of your desired gross profit. Gross Profit is your revenue less any cost of goods sold.

    So let's say your ideal client represents annual gross profit of $50,000 to $200,000 for your company…then the second rung on your value ladder would be scope of work that you could price anywhere between $5,000 and $20,000 in gross profit.

    The goal of the second rung is for your prospect client to step into a relationship with you. To evaluate what it's like to work with you and your team. To see if you can deliver what you promise for a $5,000 project before they commit to a $50,000 spend with you.

    So maybe that's you and your team building out a strategic plan for them. Doing some research with defined scope. Maybe delivering a training program on-site for their team that they can take and apply internally for the remainder of the year.

    You decide how you want to knit it together — but the second rung on the ladder is your foot in the door — and your opportunity to demonstrate the smarts of your team in action.

    With that said — will some clients step into a larger relationship with you right away and essentially by-pass rung two?

    Yes, it will happen and has likely already happened with you.

    But you also know — that it doesn't always happen that way, and my guess is, if your sales strategy is to only present your full scope of work at the maximum price point…you have lost more opportunity than you have won.

    So if rung one is free…and rung two is 10-15% of your ideal client spend…then rung three is 50-100% of the ideal clients spend.

    Or in this example…$50,000 to $200,000 in annual revenue.

    This is where your team is delivering everything. Putting all of their smarts to work in order to solve a client's business challenges. You're delivering the best of what you have to offer at rung three — and — this is where you are establishing what will hopefully turn into a long-term relationship with your new client because you and your team have demonstrated how you can deliver significant value.

    So let's sum up a few points before we close out and say goodbye.

    Building a scaling a business is hard — I know you don't need me to tell you that — but sometimes having someone from the outside acknowledge the struggle and the super courageous thing you are doing…well, quite frankly…it feels good.

    Next — get your vision down on paper. Read Jim Collin's book "Beyond Entrepreneurship" and attend tomorrow's webinar with Brett Gilliland.

    After that — build your strategy for cornerstone content.

    Then take that content strategy and map it against the MACRO, MICRO, and NANO sales funnel.

    And lastly — build your value ladder so it's as easy as possible for a prospective client to move from MICRO into the NANO stage and begin a relationship with you and your team.

    Okay — with that said – I'm over the moon excited for you as you step into 2020.

    This is the start of more than just the New Year. It's the start of a new decade…and my bold prediction is…if you take and apply even just slices of what you and I reviewed during this solocast…you and your team will Double Down in some key areas in 2020.

    That's darn exciting and I'm grateful to you for giving me this opportunity to walk alongside you on the path.

    And one last thing before we close out and say goodbye, Onward Nation — I want to give you a very big thank you…in fact…let's call it a virtual hug.

    There's absolutely no way we'd be approaching 1,000 episodes — and — there's no way we'd have this opportunity to serve business owners in 120 countries without your support, your encouragement, and your feedback.

    Here's the reality — you help us get better every day, Onward Nation.

    To have you here means a lot — so THANK YOU!

    I look forward to being back with you again next week – until then – Double Down – and move Onward with Gusto into 2020!

    43 min
  • Develop Your Leadership Skills, with Kevin Kruse
    Develop your leadership skills and start your roadmap for success. Join Kevin Kruse and learn how to develop your leadership skills.

    Kevin Kruse is the Founder and CEO of LEADx, offering the world's first leadership trainer and coach powered by IBM Watson. Kevin is also a New York Times bestselling author of nine books including Great Leaders Have No Rules: Contrarian Leadership Principles to Transform Your Team and Business.

    So if you want to develop your leadership skills, start it today by listening to Kevin's advice in this podcast episode.

    What you will learn from this episode about how to develop your leadership skills:
    • How Kevin first discovered the power of leadership, and how that lesson became the focus of his book Great Leaders Have No Rules
    • Why the ubiquitous "open door policy" actually causes more harm than good, and why "closing your door and opening your calendar" is the key to empowering those you lead
    • How to develop your leadership skills with the help of the first AI-powered leadership trainer, Coach Amanda, developed by Kevin and his team
    • Why every time Kevin wants to start a company, he starts a podcast and then turns the content of the podcast into a book first
    • How being a nine-time bestselling author positions Kevin to be an expert and trusted thought leader, and what strategies he suggests for people wanting to write a book
    • Why Kevin strongly recommends launching a podcast for anyone wanting to move into thought leadership, and what advantages a podcast can allow you to leverage
    • Why focusing on adding value for your audience will help you grow your business exponentially
    • How to use, reuse, and repackage your content to be able to share it across many different channels
    • How Kevin learned to define success not as a number but instead as the freedom to spend his time how he likes
    • Why you need to develop your leadership skills to find success for your agency
    Resources:
    • Great Leaders Have No Rules by Kevin Kruse: https://amzn.to/2qTAt34
    • Websites:
      • https://leadx.org/
      • www.norulesleadership.com
    • Onward Nation episode 126 with Kevin Kruse: https://predictiveroi.com/podcasts/kevin-kruse/
    • Twitter: @kruse
    • LinkedIn: www.linkedin.com/in/kevinkruse67/
    • Facebook: https://business.facebook.com/KruseAuthor/
    • Develop your leadership skills further by reading to this blog
    Additional Resources:
    • Sell With Authority by Drew McLellan and Stephen Woessner: https://amzn.to/39y7x13
    • Predictive ROI Free Resource Library: https://predictiveroi.com/resources/
    • Stephen Woessner's LinkedIn: www.linkedin.com/in/stephenwoessner/
    • Develop your leadership skills by reading into these lessons from our guest, General Robert Mixon
    35 min
  • Solving Customer Problems, with Dr. Mik Kersten
    Solving customer problems creates value for your agency. Join Dr. Mik Kersten on how you can identify and start solving customer problems.

    Dr. Mik Kersten spent a decade creating open-source developer tools for solving customer problems before realizing that programming was not the bottleneck of large-scale software delivery. Since that time, he has been working on creating a model and tools for connecting the end-to-end software value stream.

    He has been named a JavaOne Rock Star speaker and one of the IBM developerWorks Java top 10 writers of the decade. He was selected as one of the 2012 Business in Vancouver 40 under 40 and has been a World Technology Awards finalist in the IT Software category. Kersten is the editor of the new IEEE Software Department on DevOps.

    Prior to founding Tasktop, Mik created the Eclipse Mylyn open source project as part of his Ph.D. in Computer Science, pioneering the integration of development tools with the delivery pipeline.

    What you will learn from this episode about solving customer problems:
    • How Mik recognized that the way business software is designed often doesn't meet the real needs of its users, and why he founded Tasktop to help in solving customer problems
    • How Mik's background as a developer gives him an informed foundation to understand customer pain points and problems and insights into how software can address them
    • Why maintaining a focus on solving the problems found in business software and customer needs helped Mik pivot Tasktop more effectively
    • Why Mik was inspired to move into the realm of thought leadership and write his book Project to Product
    • How listening to his customers and understanding their stories was a transformative experience that helped shape Mik's thought leadership and reframe his beliefs
    • How thought leadership has helped to elevate Mik's message and helped him better align with his customers' needs and future proof his business against economic recession
    • Why the overwhelmingly positive reception to Project to Product was in direct response to Mik's effort to serve and help his readers
    • Mik shares key points and information from Project to Product about his Flow Framework methods and how businesses and software can be better aligned with each other
    • How key lessons learned from his mentor helped Mik learn to focus on both long term success in solving customer problems and near term profitability
    Resources:
    • Website: http://projecttoproduct.org/
    • Twitter: @mik_kersten
    • Project to Product by Mik Kersten: https://amzn.to/2XKSAEx
    • Need more help from Dr. Mik on solving customer problems? Register for the webinar here!
    Additional Resources:
    • Sell With Authority by Drew McLellan and Stephen Woessner: https://amzn.to/39y7x13
    • Predictive ROI Free Resource Library: https://predictiveroi.com/resources/
    • Stephen Woessner's LinkedIn: www.linkedin.com/in/stephenwoessner/
    • Listen to a related podcast on solving customer problems from our guest, Ari Meisel
    43 min
  • Growing Your Firm, with Ken Hardison
    Growing your firm is no easy journey. Let's learn from expert Ken Hardison about smart ways of growing your firm.

    Ken Hardison has fought for people's rights as a trusted personal injury lawyer for over 35 years. His ethics, integrity, and passion for his clients helped to build one of North Carolina's most successful firms, Hardison & Cochran, and a successful Social Security disability firm, Carolina Disability Lawyers, in Myrtle Beach, South Carolina. Now, as owner and publisher of the law firm management website, Law Practice Advisor, and founder and president of PILMMA, the Personal Injury Lawyers Marketing & Management Association, Ken devotes his time to helping attorneys build their own preeminent law practices with proven marketing strategies and management resources. There's no doubt that growing your firm is not an impossible task as long as you have Ken around.

    Ken has been recognized as one of the top 100 Trial Lawyers in North Carolina and is a member of the exclusive Million Dollar Advocates Forum. Systematic Marketing is his tenth book. Ken has authored 5 books on marketing and managing law firms. He is a sought-after speaker throughout the country on marketing and managing law firms.

    Ken is known as the "Millionaire Maker" due to his coaching clients doubling and quadrupling their law practices and income following Ken's practice growing advice and insights.

    Ken lives in North Myrtle Beach, SC where he enjoys playing golf and fishing when he is not helping lawyers grow their practices.

    What you will learn from this episode about growing your firm:
    • Ken shares his career journey that ultimately led to founding the Personal Injury Lawyers Marketing & Management Association (PILMMA)
    • How Ken first recognized the importance of legal marketing, and why he chose to learn the intricacies of the business
    • Why Ken decided to focus on personal injury clients and worker's compensation and disability cases
    • How Ken and his partners scaled their firm from one office to eight across North Carolina, and what sort of growing pains Ken experienced
    • Why Ken's decades of experience working in the trenches sets him apart from his competitors
    • Why keeping a clear focus and managing your time are the keys to growing your firm, and what steps Ken takes to avoid "time vampires" throughout his day
    • What important lesson Ken learned from his mentor Dan Kennedy about delegating work to others and accepting that "good is good enough"
    • Why you should leverage your strengths and then hire the right people to complement your weaknesses
    • Why Ken's experience shows that law firms who focus on a defined mission, clear values, and a shared vision are the ones that are growing the fastest
    • What key steps business leaders can take to clarify their goals and align others within their organizations to their vision
    • How you can start growing your firm and take action on it today
    Resources:
    • Website: www.pilmma.org
    • Email: [email protected]
    • Grow Your Law Firm podcast: www.pilmma.org/grow-your-law-firm-podcast/
    • Listen to this podcast on growing your firm from PILMMA
    Additional Resources:
    • Sell With Authority by Drew McLellan and Stephen Woessner: https://amzn.to/39y7x13
    • Predictive ROI Free Resource Library: https://predictiveroi.com/resources/
    • Stephen Woessner's LinkedIn: www.linkedin.com/in/stephenwoessner/
    • Listen to this podcast on growing your firm through community and collaboration
    37 min
  • Develop a Healthy Relationship with Money, with Erin Bradley
    Develop a healthy relationship with money and grow yourself as an entrepreneur. Learn how to develop a healthy relationship with money today.

    In 2007, Erin Bradley became self-employed in pursuit of "freedom and flexibility." Unfortunately, she did so with no game plan and no safety net to speak of. By 2008, she was so broke, she had to ride her bicycle to meet a new client as she didn't have money for gas. When Erin's card was declined for a small coffee as the client walked through the door, she realized something had to give…

    Erin spent the next 3 years studying the habits of highly successful entrepreneurs, and ultimately developed a strategy to promote her value in a way that felt authentic, easy and FUN! She also started investing in real estate, which now affords her the opportunity to live her dream life, in her dream home. (It's easier than you might think!) All this wouldn't be possible if she didn't start to develop a healthy relationship with money.

    By 2012, she had gone from broke to 6 figures… and she promptly burned out. Erin had no systems in place to manage the growth and found herself trading her time for money. Pregnant with their second child, she was drowning in life and in business. She tried convincing herself to be "grateful" because they finally had money to pay the bills, but she was ready to throw in the towel altogether.

    Luckily, Erin didn't quit! She sought help, built systems, and started hiring. By 2015, the business had doubled again. Today, their business continues to grow and Erin does much less in order to do much more. She focuses on the essentials and shows others how to do the same!

    What you will learn from this episode on how to develop a healthy relationship with money:
    • Erin shares why she became self-employed, and she shares her powerful story of realizing she had to make changes to her strategy after hitting financial rock bottom
    • How Erin's limiting beliefs about money held her back from growing as an entrepreneur, and how she got past that roadblock
    • How to develop a healthy relationship with money and start enjoying your dream life
    • Why Erin had to learn to accept that she deserved the success she earned for herself, and why finding the right coaching was the key to that realization
    • Erin explains the difference between viewing money as "tangible" versus "intangible", and how the way you view money impacts your goals
    • Why eliminating financial stress and attaining financial freedom were Erin's primary goals for herself and her family
    • Why Erin chose to move into thought leadership and creating content through her writing and her podcast
    • How Erin grew and scaled her business after realizing she couldn't do everything by herself
    • What the "25% rule" is and how it has helped Erin focus on the right priorities and guide her business strategy
    • How Erin plans her day with a careful balance to help her maintain a positive level of energy throughout the day
    • Why setting boundaries and staying present in the moment are important pillars of Erin's success
    • Why your team also needs to develop a healthy relationship with money and how it can benefit your organization
    Resources:
    • Website: www.pursuingfreedom.com
    • Email: [email protected]
    • Instagram: @pursuingfreedomofficial
    • Pursuing Freedom Podcast: www.pursuingfreedom.com/podcast
    • Erin Bradley's Live Workshop: www.pursuingfreedom.com/webinar
    • Pursuing Freedom by Erin Bradley: https://amzn.to/2QnzeTW
    • Learn how to develop a healthy relationship with money and start building wealth through real estate
    Additional Resources:
    • Sell With Authority by Drew McLellan and Stephen Woessner: https://amzn.to/39y7x13
    • Predictive ROI Free Resource Library: https://predictiveroi.com/resources/
    • Stephen Woessner's LinkedIn: www.linkedin.com/in/stephenwoessner/
    • Learn how to develop a healthy relationship with money to avoid these costly mistakes
    38 min

About Onward Nation

From the publisher's feed

America's best podcast for learning how today's top business owners Think, Act, and Achieve. Onward Nation is a five-day-a-week podcast hosted by Stephen Woessner, CEO of Predictive ROI. Business…