Many business, especially startup ones go about testing and checking their idea by starting their marketing small, seeing who responds and making adjustments slowly along the way.
This is completely wrong. It’s a bad idea and this is why.
In business, and in anything in life for that matter the one thing that is most valuable and can NEVER be replaced is time, right? I mean, if you lose money it’s a bummer but you can make it again.
But time is the most important thing we all have, so we don’t want to waste it. And I’m not saying its important for your business, although it is. It’s also important in your life.
So unless you want to miss out on seeing your kids grow up, or you’re not fussed about moving into your dream house or owning a sports car when you’re 60 (instead of 40) then take this seriously.
OK. So lets take this one step further and accept that we’re going to fail several (possibly many) times before we succeed. That means… …when we fail, we have to fail fast! No point dragging a dead idea around for months and months, letting it get smellier and dirtier looking. If it’s not gonna work then find out straight away and cut it loose. I’m going to explain in copywriting terms because hey, I’m a copywriter and it’s easy for me to explain this way.
So let’s say you’re launching a new product or service. Could be online or offline, doesn’t matter. Now, conventional wisdom is that you write a small sales letter yourself and see if it works. And then you wait a few weeks for some response, maybe dabble in a bit of SEO, get some traffic. And the results are reasonable. Not too bad considering you’re not getting really targeted traffic, your sales copy is average and you haven’t really put much effort into your offer.
So you try again. This time after you’ve made a couple of changes. And things keep looking reasonable but not enough to say it’s defintely a winner.
So you try again…
All of a sudden the leaves have started to fall from the trees and you realised you started this whole thing off when the trees were starting to get green! 6 months are gone and what have you got to show for it?
Probably a product which MIGHT be a go-er. You just need to do a few more tests and changes. But what have you LOST?
For a start you’ve lost a heap of time you COULD have spent working on a winning idea instead of this one which might still turn out to be a flop. And you’ve probably blown more money than you’d care to add up. But just like the casino its “just one more thing” to try. But worse than this, you’ve lost all that time you could have spent with your family, and you’re 6 months older with nothing to show for it.
Wouldn’t you rather spend your time working on a successful project instead of looking for one?
That’s why you need to fail…and fail FAST. Come up with the idea, do everything you can to test it out and see how it goes.
Get a professional website. Get professional sales copy. Get the best product and make up a completely irresistable offer. Because if it fails after you’ve thrown everything at it…
…you’ve got a dud. Forget about it and move on. If your best efforts couldn’t make it work then nothing’s going to help this little sucker.
But if it makes money, then start testing different things and see if you can make it even more profitable.
No point wasting 6 months on a failure when you can try and fail quickly, then do it all over again. Often in the space of a few short weeks.
That’s why the biggest entrepreneurs keep making money. They try out things quickly and if they don’t work that’s too bad. They get the next one going. In fact they could have several ideas on the go at once. Each being tested quickly and rejected just as fast. But the general public only ever hear about the ones that make it, not the dozens that get quickly discarded.
Hope I’ve given you something to think about.
Next week I’m going to tell you why repelling certain prospects is almost as important as attracting other ones. It’s not often discussed but it’s critical if you want to make more money in less time.
All the best,
Hugh
PS If you’d like to run your project past me, you can take me up on my new offer here: http://tinyurl.com/2awsek6
<Are you looking for a copywriter for your next project? Contact Hugh at www.salescomefirst.com to discuss your needs>


