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You're never going to feel like your
audience is big enough, and going through

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the whole process of launching will actually
grow your audience because that is what forces

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you to show up intentionally. It
forces you to show up consistently. It

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forces you to show up with content
that is the right fit for the right

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people, and that's how your audience
grows. Welcome to Imperfect Action. I'm

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Steph Taylor. For years, I
read all the books, downloaded all the

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freebees, and did all the courses, but it wasn't until I started taking

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imperfect action that my business had its
first million dollars. Here, imperfect action

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is about doing things before you're ready, prioritizing consistent action over perfect action,

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and moving forward even when you're not
sure you're doing it right. On this

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show, you can expect mindset advice, actionable marketing tips and strategies to build

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a business that brings you more profit, more freedom, and even more joy.

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Are you on the list to get
my Daily Businesses? Every day I

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send you a bite sized prompt designed
to help you grow your business in a

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more intentional way. Sign up at
step taylor dot com, forward slash DBB,

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or at the link in your shot
notes. Hey, welcome back to

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Imperfect Action. This is episode six
hundred and seventy six. Today we're talking

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about launch profits when you have a
tiny audience. Now, if you are

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thinking of launching an online course,
group program, membership, or literally any

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other digital product or online offer,
but the thing that's holding you back,

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or that is limiting you or challenging
you is that you have a small audience.

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This episode is for you. Now. I'm going to start by covering

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off on some of the biggest mistakes
that I see business owners with the small

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audience making when it comes to launching, and then I'm going to share a

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couple of ways that I think you
can maximize your launch profits when you do

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have that tiny audience, because we
all have to start somewhere, right,

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So, biggest mistakes that I see
people making when they have a small audience

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when it comes to launching. The
first big mistake is waiting until their audience

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is big enough to launch their new
offer. And this happens mostly when it's

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the first time somebody is launching something
new and they're like, Oh, I

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want to launch this, and I
want to make sure I'm getting lots of

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sales at the launch so I'm just
going to wait until I have more people

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in my audience. But the problem
is, you're never going to feel like

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your audience is big enough, and
going through the whole process of launching will

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actually grow your audience because that is
what forces you to show up intentionally.

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It forces you to shop consistently.
It forces you to show up with content

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that is the right fit for the
right people, and that's how your audience

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grows. And one of the key
pieces of feedback that I hear over and

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over and over again from my launch
Magic students is that once they started showing

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up and sharing that strategic content for
the launch of their course or their program

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or whatever it was they were launching, they also, as a side effect,

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started getting more inquiries from potential clients
for their services because that content was

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growing their audience, it was resonating
with the right people, and those people

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wanted to work with them. The
second big mistake is launching once and then

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putting their course or their membership or
wherever into a shop on their website or

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it just lives there. There's a
call to action from your homepage, Join

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my course, join my membership,
and that's the extent of the sales process.

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Now, launching is a way to
sell your offer. It's not just

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something that happens the first time you
put it out into the world. I

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know it sounds it's very counterintuitive.
A launch is not just the one thing

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that happens the one time when you
create that thing and put it out there

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for sale the very very first time. And if you don't want to live

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launch your offer a few times a
year, if you don't want to do

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the whole webinar, cart, open
cart, clothes deadline, all of that

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thing, that's fine. But I
still recommend live launching it at least once

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or twice, because that's going to
give you a really good insight into the

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messaging and the strategy that's going to
work to sell it before you make it

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available all the time. Mistake number
three putting all of their eggs into the

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social media basket. The thing with
social media is that you are very much

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at the whim of the algorithm,
and your content only reaches such a small

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percentage of your followers. Yes,
even on Threads, and I will do

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a whole another episode about Threads another
day because there's a lot to unpack there.

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But with all social media platforms,
you are very much at that whim

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of their algorithms. So trying to
build your social media audience isn't necessarily going

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to be the best use of your
time, and a better use of your

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time would be building your email list, creating some kind of strategic lead magnet

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that's designed just for this particular offer
that you are launching, nurturing your email

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list, right, so I want
somebody's downloaded that lead magnet, the freebee

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that's going to get them onto your
list. Then nurturing those people with the

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content that's going to move them closer
to buying from you, and I'll talk

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about that a little bit more in
just a second. Mistake number four using

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their content to build hype in a
launch, Nobody else this is going to

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be as excited about your offer as
you are. Excitement isn't what sells,

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and trying to get your audience excited
in the hopes that they will buy from

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you that is never going to convert, as well as strategic content that's designed

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to nurture your audience so that they're
ready to buy when doors open. Mistake

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number five not giving a long enough
runway before doors open. So this is

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where when I say your audience is
going to grow as you launch. If

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you give yourself that sixty to ninety
days of lead up where you are sharing

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strategic content before doors open, that's
going to start to grow your audience with

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the right people as well as nurture
them. And a lot of the time

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there's this big misconception that if we
create, if we just create the right

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offer, then all we need to
do is find the right people who want

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what we're selling. And most of
the time, even the right people who

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want what we're selling, they still
have a little journey they need to go

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on before they'll be ready to buy. And I call this little journey the

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magician's gap. There's a little gap
between where they are right now and where

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they need to be to be ready
to buy, and your lead up,

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the content that you're sharing in the
lead up to doors open, is helping

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them to bridge that gap. It
has nothing. You're not talking about your

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offer, you're not telling them something
exciting is coming. You are sharing strategic

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content that is shifting them to where
they need to be. And that is

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why I usually would suggest at least
sixty days of that strategic content in the

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lead up to doors open, it's
going to be longer. It might be

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ninety days if you have a smaller
audience, or if there is a larger

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magician's gap, a larger gap that
they need to bridge to be ready to

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buy. Okay, So the key
idea that I want you to think about

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as we are going through today's episode
is I want you to think of your

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launch as a rinse and repeat process. It's not just something you do once.

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It's something you can do multiple times
a year with the same offer,

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each time bringing in a cash injection. Because launching is a sales process.

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It is a one way to sell
your offers. It is a vehicle for

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a sales system, a sales system
which is a strategic, repeatable process for

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selling your offers. For example,
we have launch Magic, my signature course

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that I created back in twenty twenty
and I've updated it since. But we

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launch it twice per year, and
each time that we launch it, we

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have a limited time kind of lead
up where we're sharing free content to nurture

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the audience and bridge that magician's gap. We have a limited time promotional period,

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cart open period, and a deadline
to sign up when doors close.

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We also have offer less Cell More, which unlike Launch Magic, is always

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open. Somebody can sign up for
offer Less Cell More at any point in

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time, whereas Launch Magic you can
only sign up for it twice a year.

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But we still do launches for offer
Less cell More, so we still

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have that free content to nurture the
audience podcast episode. I have a webinar

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that I've taught for it. We
still have a limited time promotional period where

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if somebody signs up in that cart
open period, they get bonuses, and

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we still have a deadline, even
though the deadline isn't doors closing, it's

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bonuses expiring. And this is how
you start to scale an offer by launching

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it again and again. So when
I first launched the podcast launch Plan,

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which is one my offers, it's
a two hundred and fifty dollars offer.

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The first time I launched it,
I think it made around two to three

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thousand dollars in sales at first launch, and twelve months later by launching it

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over and over again before I put
it on an evergreen sales process, twelve

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months later, it made eight hundred
thousand dollars in sales from just repeating those

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launches and then taking that strategy and
putting it into an evergreen automated process.

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But it would never have scaled if
I hadn't done those live launches multiple times.

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I think we did seven or eight
live launches in total. Now,

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how can you then, if you
have a tiny audience right now, how

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can you start to maximize those launch
profits? I'm going to share four things

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you can do. Firstly, focus
on building your email list with the right

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people. Building your audience on social
media, whatever platform it is. It's

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like building a house on sand and
at any point the algorithm can change and

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your audience can just wash away.
Whereas your email list, that's an audience

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that you own and even you know, I've got seventy thirty seven not seventy

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three thirty seven thousand followers on Instagram, and every time we do a launch,

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most of the sales still come from
our emails to our email list.

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But that's also because I've spent a
lot of time growing this email list with

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the right people. We've got offer
specific lead magnets, which is a freebee

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that somebody can opt in for by
giving us their email address. But they're

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not a shiny freebee that everybody wants. It's a freebee that is the right

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fit for the right person. Now, if you go back to episode six

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hundred and seventy four, I talk
a little bit there about how to create

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a lead magnet for a specific offer, lead magnet to fill your email list

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with the right people for one particular
offer. If you want the direct link

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to that episode, send me a
DM on Instagram. I'm there at Steph

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Taylor dot com. If you send
me the number six seven four, six

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hundred and seventy four, just numbers
numerals, I will send you a DM

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with the link to listen to that
episode directly, so you don't have to

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go and look for it. Second
thing you can do to maximize your launch

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profits with the tiny audience is being
intentional with the content you share in the

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lead up to the doors open.
So I talked about the magician's gap a

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little bit earlier in this episode.
Basically, there is a big gap between

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where your audience is right now and
where they need to be to be ready

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to buy your offer, and until
you bridge that gap for them, it's

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going to be a whole lot harder
to actually sell to them. For example,

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with my podcast launch plan offer,
it's a course on launching a podcast,

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somebody who is the right person for
the podcast launch plan. They're probably

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believing or they're probably thinking, yes, I want to launch a podcast,

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but they believe that the equipment is
too expensive or that they're not tech savvy

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enough to start a podcast. And
until they can see that actually, the

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equipment can be really cheap and you
can do you can start a podcast without

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being tech savvy, they're never going
to buy the podcast launch plan. I

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can get them really excited about launching
a podcast, but if they're still thinking,

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oh, I'm not tech savvy enough
to do it, then they're not

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going to take action. They're not
going to buy, they're not going to

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start their podcast. And this gap
exists with literally any offer. It's not

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just with courses and memberships and programs. It's with literally any other offer that

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you are selling. The only difference
is that when you are live launching,

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you can help your audience to bridge
that gap in real time. You can

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take them on a journey in real
time with you. And basically the entire

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purpose of your launch is to bridge
this gap. It's to help your audience

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to make a decision about whether your
offer is right for them. Or not.

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So having a longer runway, allowing
that sixty to ninety days and sharing

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content that bridges this gap. That's
going to help you to convert your audience

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a whole lot better. And I'm
running a free event where we're kind of

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deep diving into this. I'm running
this free event. It's only for people

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who are on the launch Magic waitlist, and I'll be teaching you Module one

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of launch Magic for free live on
Zoom, where we can start to uncover

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the magician's gap for your offer.
I am capping it at one hundred people.

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It's first in, first served,
and there won't be a replace.

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So if you want to get access
to this event, you need to jump

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onto the waitlist. It's happening at
the end of July. So if you're

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not on the launch Magic waitlist,
send me a DM on Instagram, send

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me the word magic. I'm there
at Steff Taylor dot co. Or if

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you prefer to just opt in the
old school way, you can go to

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Stephtaylor dot co slash Magic for the
wait list page. Okay, number three.

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The third thing you can do to
maximize your launch profits with a tiny

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audience. It's being strategic with how
you price and structure your offers. Now,

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if you want to make ten thousand
dollars in sales, you can sell

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a one hundred dollar offer to one
hundred people or a one thousand dollar offer

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to ten people. And when you
have a small audience, it's going to

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be way easier to sell to ten
people than it is going to be to

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a hundred people because you just don't
have that kind of reach yet. And

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it's actually not much harder to sell
a one thousand dollar offer than a one

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hundred dollar offer. You know,
in my experience, I've found it sometimes

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actually easier provided that I've nurtured that
audience really well. If you really do

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want to sell a one hundred dollar
offer, then you do also need to

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think about what kind of upsells you
can potentially add to it to maximize that

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launch profit. For example, can
you give somebody the option to add on

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one on one coaching to the offer
a checkout that can they know tick a

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box to add three coaching sessions for
a thousand dollars and that's increasing the order

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value and then also starting to think
about what is the next step after this

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offer? If someone buys my one
hundred dollars offer and then there's no way

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for them to work with you after
they finished that offer. Then your lifetime

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sales from this one person in your
audience is one hundred dollars. And since

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you don't have a lot of people
in your audience, you're not really maximizing

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the number of the amount of sales
you can make. But if they finish

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your offer and then something there's something
else there that they now need help with

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and you can help them with,
and they sign up for another offer,

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whether it's one hundred dollars five hundred
dollars, you've now increased your sales from

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that person in your audience. Okay, The fourth thing you can do to

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make more sales maximize your profits in
your next launch with a small audience is

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intentionally and consistently showing up to grow
your audience. Social media isn't really an

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audience growth tool anymore, but most
people still treat it like it is,

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and I like to think of it
as more of a place to nurture your

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existing audience. So instead, how
are you intentionally getting in front of your

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audience? When I say intentionally getting
in front of your audience, that does

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not mean showing up on social media
right Intentionally getting in front of new audiences,

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I should say, does not mean
showing up on social media, because

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the algorithm is not really showing your
content to new people. And if you

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are struggling to reach new people right
now, guess what. You can't keep

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doing more of the same thing and
hoping that by just doing the same thing

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something's going to change. One day. You have to try something new,

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and it's probably going to feel really
scary and hard, because doing something new

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is always going to be uncomfortable,
and that's something new. Might look like

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doing podcast interviews on somebody else's show
to get in front of your ideal clients.

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It might look like doing collaborations and
partnerships. It might look like working

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with affiliates, networking, going to
events, speaking at events wherever you can

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get physically or virtually in front of
new audiences, and then you can send

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them back and say, hey,
follow me on Instagram or follow me or

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wherever, join my email with whatever. That's fine, but we need to

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actually get in front of those new
people first. We can't rely on the

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algorithm to show us to those new
people. Okay, I'm going to wrap

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this up with a question that I
get asked quite a lot, which is

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should you invest in paid ads for
the first launch of a new offer?

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And my answer to this is it
depends can you invest that money into paid

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ads with an expectation of zero return
and be okay with that because in reality,

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you don't know how your launch is
going to convert the first time.

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You don't know until you get your
offer out there and you ask people to

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pay money for it. And the
same offer that has been launched with two

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completely different strategies, two completely different
versions of messaging, can have two completely

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different results. You don't know what's
going to land just yet, which is

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why launching is really an experiment.
A lot of the time it is testing,

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tweaking. Let's see the messaging works, Let's see if this messaging works.

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We still, even though we've launched
Launch Magic like six times, seven

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times, I've lost count. Every
time we launch it, we tweak the

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messaging a little bit to see if
we can optimize it and make it better.

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And yes, you can do a
lot of audience research. You really

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do need to do some audience research. But even all audience research in the

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world won't guarantee that your launch will
succeed until you get it out there and

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you test it. Now in a
couple of weeks time, I'm opening updoors

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to launch Magic again for the second
time this year, the second and final

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time this year. Join me inside
Launch Magic. You can create a rinse

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and repeat launch strategy to make more
sales of your digital products and offers,

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00:16:38,919 --> 00:16:42,679
more on demand cash injections and more
freedom in your business. Any time that

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you want it. You can get
on the waitlist, and if you're on

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00:16:45,960 --> 00:16:48,480
the weight list, you'll also score
that invite to my free virtual event where

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I'm teaching Module one of Launch Magic
for free. Shoot me a DM at

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00:16:52,000 --> 00:16:56,480
steff Taylor dot co, send me
the word magic and I'll add you to

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the waitlist, Or if you prefer
the website version, go to stef Taylor

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dot com slash magic and you can
join the waitlist over there. That is

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it for today's episode. Thank you
so much for listening. Catch you next time.
