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I think that the entire selling process, regardless of how you are selling,

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is going to be less of this
highbee value this is what you get in

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it, and more of a like, hey, how can I help you

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make a decision in a you know, how can I make sure all of

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your questions answered? How can I
help you to decide is this right for

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you? Is this not right for
you? Like we don't want the wrong

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people to buy our courses because then
they don't get results either. So I

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think there's going to be a big
that that's going to happen as well.

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Welcome to imperfect Action. I'm Steph
Taylor. For years, I read all

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the books, downloaded all the freebies, and did all the courses, but

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00:00:38,320 --> 00:00:42,799
it wasn't until I started taking imperfect
action that my business had its first million

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dollar year. Imperfect action is about
doing things before you're ready, prioritizing consistent

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action over perfect action, and moving
forward even when you're not sure you're doing

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00:00:54,560 --> 00:00:59,159
it right. On this show,
you can expect mindset advice, actionable marketing

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00:00:59,200 --> 00:01:03,960
tips and strategies to build a business
that brings you more profit, more freedom,

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00:01:03,040 --> 00:01:08,400
and even more joy. You want
the list to get my daily busbusters.

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00:01:08,840 --> 00:01:12,159
Every day I'll send you a bite
sized prompt designed to help you grow

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your business in a more intentional way. Sign up at Steph Taylor dot Co,

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00:01:17,480 --> 00:01:23,439
forward slash DBB, or at the
link in the show notes. Hey,

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00:01:23,680 --> 00:01:26,920
welcome back to in Perfect Action.
This is episode seven hundred and sixty

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three. This is the third part
of the three episodes of biz Besti's chat

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that I did with my friend Anita
Sikh where we both went In the last

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two episodes, we went behind the
scenes and shared a little bit about our

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lessons from twenty twenty three in our
businesses. We did a little launch debrief

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on what worked in our launches in
twenty twenty three. So if you haven't

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listened to those two episodes, scroll
back and go and listen to both of

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those. We're pretty candid and pretty
open about what worked and what didn't work

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in our businesses. And in this
episode today, we are sharing our predictions

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for twenty twenty four. So what
do we think is going to happen in

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the online business space? What do
we think are going to be some of

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the big shifts happening in launchers?
And I'm really excited about this episode because

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Anita and I actually had very different
opinions on one particular topic. That topic

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big social media. So jump in
and listen to the episode and let us

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know. Reach out to us on
Instagram. I'm there at Steph Taylor dot

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com, Anita is there at Anita
seek is I e K and reach out

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and let us know what you think
of our opinions and our predictions for twenty

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twenty four, because we both love
to hear from you. So let's jump

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into the chat that Anita and I
had. Hello, Welcome back to our

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third little installment of I'm going to
call it biz Bestie Chats. Maybe we

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could make that one going thing.
Yeah, so we missed our last two.

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We did a little recap of our
lessons that we learned in twenty twenty

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three, we did a little debrief
of our launchers from last year, and

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then this episode we're going to do
our predictions for twenty twenty four. So

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Anita, do you want to kick
it off? What do you think is

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gonna happen this year? You know
what? I think one of the big

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key predictions, which, to be
honest, I think I mentioned this maybe

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even last year, but I think
last year big rise of AI and Chatti,

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Oh you stole one of my words
chats and I haha, that's why

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you should go first always. But
anyway, big convos right last year,

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Chat GPT, AI Chat chop still
all oh child, and then we realized,

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oh wow, like it's actually like
it's great. Don't get me wrong,

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Chat GPT is really powerful advocate over
here. But I think with the

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rise of AI and automations, we're
craving a human We're craving genuine talking about

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like genuine human connection. And I
think one of my biggest predictions is the

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fact that brands who anything in the
realm of humanization. So I'm talking about

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whether or it's personal brand, whether
or not it is the element of just

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personalizing a customer experience, whether or
not it is community like building communities.

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I think is going to be one
of my biggest predictions because I think also

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in the last two three years,
more rise and competition as well. So

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I think anything that is going to
get the one thing that is very hard

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to copy, which is human connection, is going to be I think a

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big focus for a lot of absolutely. So I wrote in my notes one

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of my bullet points was AI is
going to get smarter. So where can

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you be more human? Oh?
I love that. It's true. It's

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true. Yeah, I literally have
our brains work the same way. And

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also on that, I think it's
also it's not going to be just content.

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I think it's going to have a
flow on effect to courses, programs,

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all of that. I think there's
going to be more of a need

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for the higher touch personal programs.
I think there's going to be less of

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a focus on the twenty seven dollars. You know, this is all of

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the information or especially I think courses
where where they just followed up with information

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rather than giving you the action steps. Because if you want to go and

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find information now it's only going to
get easier. But I think where there

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is going to be this gap is
you, as the expert, know what

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somebody needs to do to be able
to implement and get those results. And

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there's going to be a Actually,
I think there's going to be a big

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gap in turning that new knowledge into
action. And the things that live in

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the gap are that support that community, the mindset support especially you know,

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when somebody's procrastinating on taking action on
what you taught them, there's going to

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be a need there for that human
connection of how can I help you to

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take that action? Yes, one
hundred percent. You know what that reminded

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me of in terms of the second
thing that I'm predicting, value stacking is

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out. Isn't too much value stacking? Okay, elaborate on that? How

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please? I feel like that worked
when we were all locked down. You

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want to do? You want to
explain what value stacking is for our listeners

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who don't know. All right,
yea, So value stacking you're imagining a

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salad page for a course. Let's
just say when you're scrolling, Mike,

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squroll scroll instead of just being like, this is the course, value stacking

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is when you're like you get this, but you also get this and this

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and this and this and this and
this and this. That's value stacking.

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Like a head you get the stake
knives. Yeah, Like like at Hamburger,

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Like you also get the cheese and
the baby and a double patty and

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the mayo. Like it's value stacking. So that's what I mean when it

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comes to value stacking, not to
say bonuses are out. I think bonusesn't.

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Having an element of a bonus will
still be powerful. And I think

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ten plates cup may still be helpful, but I think this strategy and idea

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of value stacking like a lot may
overwhelm me, is my prediction. I

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agree, I think people aren't buying
as much based on oh, this is

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a really good deal. I'm getting
ten thousand dollars worth of staff for one

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thousand dollars just because you said that
it was worth ten thousand dollars. Like

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most of the time, it's not
right. But I do think I think

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bonuses play such an important role in
overcoming objections, and I think they're going

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to only play more and more of
a role in that. And also,

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having said that, I think that
the entire selling process, regardless of how

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you are selling, is going to
be less of this highbee value this is

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what you get in it, and
more of a like, hey, how

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can I help you make a decision
in a you know, how can I

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make sure all of your questions answered? How can I help you to decide

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is this right for you? Is
this not right for you? Like we

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don't want the wrong people to buy
our courses because then they don't get results

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either. So I think there's going
to be a big that that's going to

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happen as well. I'm going to
add one of mine because now I've kind

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of piggybacked on both of yours.
I think so a lot of people started

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businesses in twenty twenty, right that
was now four years ago. They are

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yeah, whoa yeah, and you
know a lot of them are now kind

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of getting to that messy middle point
in their businesses where they are taking an

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okay income, but they're just constantly
peddling and they can't seem to get out

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of that level where they are at
right now. They can't take on more

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clients, so they can't make more
money. They can't let go of clients

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because then they'll lose money, but
then they might have some free time.

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So they're kind of in this I
don't know, like they need more clients

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to make more money, that they
can't take on more clients in this tricky

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situation. And I predict that they're
either going to some of them are going

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to take the time to step back, put in the foundations, the systems,

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change the business model, do what
needs to be done to grow and

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evolve. But I also think there's
going to be a huge chunk of people

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who burn out and unfortunately give up
and as sad as that is. I

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think that's what's going to happen because
we did see so many new online businesses

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pop up, and unfortunately, nobody's
really equipped these new business owners with the

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basic business knowledge of this is what
your business model is going to be?

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Like, maybe think about how you
want to scale, what's your vision for

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the business, how are the offers
that you're selling serving that vision, all

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of those bits and pieces, and
yeah, you kind of get to a

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point where it's a lot and then
you can either change something or give up.

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Unfortunately, that is such a good
call out. I agree. I

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didn't even have I didn't even like
think of that, but it's so true

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because I think there's a there's a
difference I always say, between being really

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good at what you do, yeah, and being well known for what you

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do. And just because you're very
good at doing something does not mean you

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shouldn't necessarily start a business in it, because you're soon going to find out

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that it's not just about being good
at wh yeah, absolutely like yeah,

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being good at what you do what
you do is just the standard. Absolutely.

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Yeah. Also, be good at
sales, you need to be good

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at marketing, you need to be
good at systems, you need to be

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good at finances, and if you're
not good at all of those things,

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then you need to either learn how
to be good at those things or you

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need to hire somebody who's good at
those things. One hundred percent. It's

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probably one of the biggest I feel
like, like hard truths that I mean

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even me, even me right,
like probably use YouTube and my husband Dean,

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who all have businesses. It's just
like you're like, I love to

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write, I am really, but
like then you start to realize, well,

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Okay, being good at running it's
not just the only thing that you

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need to focus on. There's so
many other things that you need to consider.

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Okay, do you have the right
product suite? Like does the product

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suite? I'm lie? So?
Also how you want to create impact?

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Right? So I'm with you there, Yeah, I think it's either it's

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a very important time, I think
for people to actually take stock and consider

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what their product's suite or offer suite
looks like and how they not a guru

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out there being like heros, how
are your make seven figures? Oh ah?

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Is like what do you want?
Though? Absolutely a very important question

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to think for yourself. What do
you actually want the success actually mean for

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you. Yeah, like, what
does the next five years of your business

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look like? Not just the next
months? Like it's so easy when you're

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starting out to be in such a
short term mindset, and fair enough because

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you're really in like business survival mode
where it's like, oh, this is

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how I'm going to keep the lights
on for the next month or three months.

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You're not thinking about five years ahead, because the idea that your business

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might be around in five years time
when you're just starting out, that's a

169
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pretty big concept. But if you're
not thinking five years ahead, then you're

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going to end up down a pathway
of a business that's maybe not aligned with

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what you want in the long term. I've been there. I think you've

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00:12:09,799 --> 00:12:15,519
been there as well, and it's
a lot easier to figure it out or

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get it right the first time round
than it is to go down that path

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and then burn everything down and start
again. Yes, I think that really

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closely goes with the what are we
up char I don't even know? Three,

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I don't even know, prediction,
I don't know. I think this

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year people are going to be asking
some questions reflecting a lot, and one

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of the things would be especially because
of the wobbliness of the economy, and

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you know what, we're still in
the thick of it in a way at

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the moment. But it's like the
last three four years since the pandemic has

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been like it's like a corkscrew on
a rollercoaster. But I think people are

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going to be asking a lot of
reflective questions, like does my messaging still

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align? Does my office suite still
align with what I want to create?

184
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Because we in the beginning of the
pandemic, we had to like move quickly,

185
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which I think is both a pro
and a con right pro because it's

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amazing has so many businesses pivoted and
moved and you know, things that were

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00:13:22,279 --> 00:13:26,360
in person were moved online. But
it's like then they were just like keeping

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it going into the best degree that
they can. But it's like I don't

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know, like I feel like they
could be now like, ooh, is

190
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this is our old way of operating
going to actually help us get to that

191
00:13:35,879 --> 00:13:41,320
next level? It like, I
think a lot of reflective work would be

192
00:13:41,440 --> 00:13:46,080
my next prediction. Reflective work in
the realm of your brand, your messaging,

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your marketing, your office suite.
I agree, Oh absolutely, I

194
00:13:50,159 --> 00:13:54,600
think and I mean this might not
apply to all businesses, but I think

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00:13:54,600 --> 00:13:56,799
for most businesses, if you're still
using the same messaging that you're using in

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00:13:56,799 --> 00:14:01,600
twenty twenty, it might be time
for a refresh. Yeah yeah, yeah,

197
00:14:01,720 --> 00:14:03,559
yeah. You should always be tweaking
your messaging always. I mean,

198
00:14:03,600 --> 00:14:09,799
I don't need to tell you that
I bias, but definitely be tweaking your

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00:14:09,840 --> 00:14:16,519
messaging to align with the current economy
and conshumant behavior one hundred percent. All

200
00:14:16,600 --> 00:14:18,320
right. The next one I had
on my list, which is actually the

201
00:14:18,399 --> 00:14:22,399
last one I had on my list, was I think there's going to be

202
00:14:22,559 --> 00:14:26,080
an even bigger shift away from social
media. You might disagree. I know

203
00:14:26,120 --> 00:14:28,440
you're a bit more of a social
media user than I am, but I

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00:14:28,519 --> 00:14:31,840
like, certainly in the last year, and this is a bit of a

205
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sentiment I've noticed as well with a
lot of my audience is people are starting

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to spend less and less time on
social media, specifically when it comes to

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their businesses. They're like, oh, like, I don't want to have

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to show up. I don't want
to have to be on doing stories and

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doing carousels and doing reels and all
of the things. Uh So, I

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don't know, I think there's going
to be a bit more of a negative

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sentiment towards it. I've predicted this
for the last two years, and each

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time I'm noticing it, it gets
more and more negative sentiment. So I'm

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curious your thoughts on this. Oh, that's interesting, as in less of

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a preference for social media. Yes, as in less time spent on it,

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less of a positive feeling towards it, more negativity towards it. Yeah,

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I'm probably my opinion here differ with
you on this one. I think

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we're still going to crave an element
of social media, but I think what

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I'm predicting is how what we expect
on social media might be different. I

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think gone other days where you can
just regurg to take the same old things

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that I can probably get on Google. I don't think reels are going to

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be as hot of a I know, slightly controversial, but I don't think

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reels and you know that is going
to be the hot topic. I do

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think that we start looking and wear
more smarter with us using social media strategically

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to drive an audience offline. I
think hopefully more businesses are going to start

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to see that social media well,
I mean a moment of silence for all

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the social media managers. But it's
like it's going to change all the time,

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like every single week, every single
month, every single year. It's

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going to continue continuously change. But
I think I'm predicting, and this goes

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back to what I was saying before, just more humanness. I think we'll

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still use social media, but I
think the type of content that we would

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want to be consuming is more human
based content on social media channels, and

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the other ones are a bit more
I don't know, faceless months, they're

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a little for me. Anyway,
I'm predicting you may get lost in the

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noise. Yeah, no, I
agree with that. I also think longer

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form content is going to be much
more. You know, anyone can create

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00:17:02,240 --> 00:17:07,319
short short form content consistently, I
mean consistently, it's a little bit harder,

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but creating long form content like you
and I do with the podcast consistently

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is a lot of work and it
takes a lot of dedication commitment to be

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able to do it consistently. So
I think that's going to be what really

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separates the people who are serious about
growing their business from those who are kind

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00:17:26,680 --> 00:17:29,279
of just like, oh yeah,
Like I'm going to show up when I

242
00:17:29,319 --> 00:17:33,839
feel like it and then not for
a while. Yeah, like a content

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00:17:33,720 --> 00:17:37,799
business yea. Any way, even
though you're not in a con like I

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00:17:37,839 --> 00:17:41,200
know a lot of people listening may
not have like your content business or like

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00:17:41,200 --> 00:17:44,799
a content running business. But what
I mean is more and more. This

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00:17:44,839 --> 00:17:49,480
is my final prediction, is the
idea that the ability to translate what's in

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00:17:49,519 --> 00:17:53,799
your mind into words out there.
And it could be voice, it could

248
00:17:53,880 --> 00:17:59,039
be a blog, it could be
I don't know, another like h long

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00:17:59,160 --> 00:18:02,960
form evil, I don't know,
but your ability to translate what's in your

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00:18:02,960 --> 00:18:08,680
mind out there into words is going
to be key because yeah, you can

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00:18:08,680 --> 00:18:12,000
go on Google, Yeah you can
listen to so many different podcasts, but

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your ability to inject in your insight
and take one concept and translate it into

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five different formats that I feel like
is the secret source for so many great

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00:18:23,160 --> 00:18:29,039
quality content creators like yourself, Steph. Like being able to take one hero

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00:18:29,160 --> 00:18:34,400
piece of content and having a system
to then cross pollinate that instead of you

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00:18:34,440 --> 00:18:38,359
know, for seeing all of these
platforms as new, new, new new

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00:18:38,480 --> 00:18:45,599
you Hello, overwhelmed, Hello,
no way that proof? Yeah? All

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00:18:45,720 --> 00:18:49,880
right? Any other predictions before we
wrap up? I think that's it.

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Yeah, it's it for me as
well as well. Thank you you guys

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for tuning in too. What Steph
has now coined the bestI chats where you

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00:19:00,000 --> 00:19:03,759
guy's gonna hang out with us like
a fight on the wall to some more

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00:19:03,759 --> 00:19:07,759
of these, So I hope you
guys enjoyed it. If this is the

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00:19:07,759 --> 00:19:10,559
first episode you've tuned in, A
said little heads up, We've got two

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00:19:10,559 --> 00:19:15,759
episodes as well with YouTube and John, which is the twenty twenty three Lessons

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00:19:15,440 --> 00:19:21,400
Learnings Faalu and Learnings, and also
debriefs of our launches what went well,

266
00:19:21,559 --> 00:19:25,799
what didn't go so well, So
definitely tune into those, but make sure

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00:19:25,799 --> 00:19:32,400
you hit subscribe so that you can
be all over any episodes that we hit

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00:19:32,640 --> 00:19:34,200
lithon. Thank you so much for
tuning in.
