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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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freebies, 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 dollar year. Imperfect Action is

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

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

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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,

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

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a more intentional way. Sign up
at steptaylor dot co, forward slash DBB,

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

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Imperfect Action. This is episodes eight
hundred and eight. Today we're talking about

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

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of launching an online course, a
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 when they have a small audience when

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

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

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

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

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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 your

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

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

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forces you to show up 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 serf 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
cull 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, close, deadline, all of

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

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

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

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

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

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

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small percentage of your followers. Yes, even on threads, and I will

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

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there. But with all social media
platforms, you're 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 when somebody's downloaded
that lead magnet, the freebie that's going

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to get them onto your list,
then nurturing those people with the content that's

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going to move them closer to buying
from you. And I'll talk about that

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a little bit more in just a
second. Mistake number four using their content

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to build hype in a launch,
nobody else is going to be as excited

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about your offer as you are.
Excitement isn't what sells, and trying to

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get your audience excited in the hopes
that they will buy from you that is

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never going to convert, as well
as strategic content that's designed to nurture your

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audience so that they're ready to buy
when doors open. Mistake number five not

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giving a long enough runway before doors
open. So this is where when I

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say your audience is going to grow
as you launch. If you give yourself

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that sixty to ninety days of lead
up where you are sharing strategic content before

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doors open, that's going to start
to grow your audience with the right people

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as well as nurture them. And
a lot of the time, there's this

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big misconception that if we create,
if we just create the right offer,

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then all we need to do is
find the right people who want what we're

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selling. And most of the time, even the right people who want what

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we're selling, they still have a
little journey they need to go on before

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they'll be ready to buy. And
I call this little journey the magician's gap.

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

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to be to be ready to buy, and your lead up, the content

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

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bridge that gap. It has nothing. You're not talking about your offer,

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you're not telling them something exciting is
coming. You are sharing strategic content that

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is shifting them to where they need
to be. And that is why I

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usually would suggest at least sixty days
of that strategic content in the lead up

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to doors open. It's going to
be longer. It might be ninety days

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if you have a smaller audience,
or if there is a larger magician's gap,

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a larger gap that they need to
bridge to be ready to buy.

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Okay, So the key idea that
I want you to think about as we

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

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

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something you can do multiple times a
year with the same offer, each time

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bringing in a cash injection. Because
launching is a sales process. It is

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

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a sales system which is a strategic, repeatable process for selling your offers.

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For example, we have launch Magic, my sick course that I created

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back in twenty twenty and I've updated
it since. But we launch it twice

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per year, and each time that
we launch it, we have a limited

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time kind of lead up where we're
sharing free content to nurture the audience and

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bridge that magician's gap. We have
a limited time promotional period, cart open

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period, and a deadline to sign
up when doors close. We also have

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offer less sell More, which,
unlike Launch Magic, is always open.

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Somebody can sign up for offer Less
sell More at any point in time,

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

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we still do launches for offer Less
sell More, so we still have that

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free content to nurture the audience.
Podcast episode that have a webinar that I've

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taught for it. We still have
a limited time promotional period where if somebody

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signs up in that cart open period, they get bonuses, and we still

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have a deadline, even though the
deadline isn't doors closing, its bonuses expiring.

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And this is how you start to
scale an offer by launching it again

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

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one of my offers, it's a
two hundred and fifty dollars offer. The

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

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

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

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

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

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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, how

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

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

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

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

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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 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 freebie that everybody wants. It's a freebie 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, a lead magnet to fill your email

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

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

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

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six hundred and seventy four, just
in number numbers numerals, I will send

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you a DM with the link to
listen to that episode directly, so you

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don't have to go and look for
it. The second thing you can do

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to maximize your launch profits with the
tiny audience is being intentional with the content

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you share in the lead up to
the doors open. So I talked about

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the magician's gap a little bit earlier
in this episode. Basically, there is

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a big gap between where your audience
is right now and where they need to

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be to be ready to buy your
offer, and until you bridge that gap

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for them, it's going to be
a whole lot harder to actually sell to

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them. For example, with my
podcast launch plan offer, it's a course

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on launching a podcast, somebody who
is the right person for the podcast launch

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plan. They're probably believing that,
or they're probably thinking, yes, I

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want to launch a podcast, but
they believe that the equipment is too expensive

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or that they're not tech savvy enough
to start a podcast. And until they

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can see that actually, the equipment
can be really cheap and you can do

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you can start a podcast without being
tech savvy, they're never gonna buy the

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podcast launch plan. I can get
them really excited about launching a podcast,

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but if they're still thinking, oh, I'm not tech savvy enough to do

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it, then they're not gonna take
action. They're not gonna buy, they're

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not gonna start their podcast. And
this gap exists with literally any offer.

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It's not just with courses and memberships
and programs. It's with literally any other

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offer that you are selling. The
only difference is that when you are live

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

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You can take them on a journey
in real time with you. And basically

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

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your audience to make a decision about
whether your offer is right for them.

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Or not. So having a longer
runway, allowing that sixty to ninety days

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and sharing content that bridges this gap, that's going to help you to convert

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your audience a whole lot better.
And I'm running a free event with where

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we're kind of deep diving into this. I'm running this free event. It's

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only for people who are on the
launch Magic waitlist, and I'll be teaching

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you Module one of launch Magic for
free live on Zoom, where we can

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start to uncover the magician's gap for
your offer. I am capping it at

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one hundred people. It's first in, first served, and they won't be

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a replay. So if you want
to get access to this event, you

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need to jump onto the wait list. It's happening early June, So if

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

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send me the word magic. I'm
there at Stephtaylor 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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Steff Taylor dot co slash Magic for
the waitless 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 is 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 a

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

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

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

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

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actually not much harder to sell a
one thousand dollar offer than a one hundred

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

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

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

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about what kind of upsells you can
pretend add to it to maximize that launch

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

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on one coaching to the offer a
checkout that can I tick a box to

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add three coaching sessions for one thousand
dollars and that's increasing the order value,

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

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If someone buys my one hundred dollar
offer and then there's no way for

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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 amount of sales you can make. But if they finish your offer and

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then something there's something else there that
they now need help with and you can

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help them with, and they sign
up for another offer, whether it's one

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hundred dollars five hundred dollars, you've
now increased your sales from that person in

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your audience. Okay, the fourth
thing you can do to make more sales,

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maximize your profits and your next launch
with a small audience is intentionally and

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

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tool anymore, but most people still
treat it like it is, and I

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like to think of it as more
of a place to nurture your existing audience.

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

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When I say intentionally getting in front
of your audience, that does not mean

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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 the algorithm's

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not really showing your content to new
people. And if you are struggling to

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reach new people right now, guess
what. You can't keep doing more of

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the same thing and hoping that by
just doing the same thing something's going to

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change. One day. You have
to try something new, and it's probably

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going to feel really scary and hard, because doing something new is always going

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to be uncomfortable, and that's something
new. Might look like doing podcast interviews

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on somebody else's show to get in
front of your ideal clients. It might

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look like doing collaborations and partnerships.
It might look like working with affiliates,

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networking, going to events, speaking
at events wherever you can get phis or

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virtually in front of new audiences,
and then you can send them back and

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say, hey, follow me on
Instagram or follow me at wherever, join

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my email list, whatever. That's
fine, but we need to actually get

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in front of those new people first. We can't rely on the algorithm to

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

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with a question that I get asked
quite a lot which is should you invest

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in paid ads for the first launch
of a new offer? And my answer

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to this is it depends can you
invest that money into paid ads with an

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expectation of zero return and be okay
with that because in reality, you don't

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

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until you get your offer out there
and you ask people to pay money for

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it. And the same offer that
has been launched with two completely different strategies,

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two completely different versions of messaging,
can have two completely different results.

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You don't know what's going to land
just yet, which is why launching is

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

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Let's see if this messaging works,
Let's see if this messaging works. We

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still even though we've launched launch Magic
like nine times, and if every time

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we launch it, we tweak the
messaging a little bit to see if we

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can optimize it and make it better. And yes, you can do a

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lot of audience research. You really
do need to do some audience research,

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but even all audience research in the
world won't guarantee that your launch will succeed

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until you get it out there and
you test it Now in a little under

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a month, I'm opening updoors to
launch Magic again for the second time this

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year, the second and final time
this year. Join me inside Launch Magic.

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00:16:29,679 --> 00:16:33,480
You can create a rinse and repeat
launch strategy to make more sales of

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00:16:33,639 --> 00:16:37,159
your digital products and offers more on
demand cash injections and more freedom in your

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00:16:37,200 --> 00:16:41,240
business. Anytime that you want it, you can get on the waitlist,

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00:16:41,279 --> 00:16:44,039
and if you're on the waitlist,
you will also score that invite to my

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00:16:44,120 --> 00:16:48,120
free virtual event where I'm teaching Module
one of launch Magic for free. Shoot

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00:16:48,159 --> 00:16:51,799
me a DM at stephtaylor dot co, send me the word magic and I'll

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00:16:51,799 --> 00:16:55,159
add you to the waitlist. Or
if you prefer the website version, go

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to stephtaylor dot co slash magic and
you can join the weightlist over there.

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That is it today's episode. Thank
you so much for listening. Catch you

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next time.
