Launch a premium event with minimal financial risk, even without a large audience. First, set a date and find a location. Then, use DMs to get soft commitments from a few ideal attendees. This validation covers initial costs before you officially book the venue or launch publicly.
Charging a small fee (e.g., $15) for a launch event weeds out passive onlookers and attracts committed participants. This strategy yields a much higher show-up rate (60-70% vs. 10-20% for free events), ensuring your marketing efforts reach a smaller but significantly more engaged and convertible audience.
Don't wait until a campaign to focus on audience growth. Proactively schedule dedicated list-building activities (like a new quiz or free workshop) on your calendar during your 'off-seasons.' This builds a warm audience and strong relationships before you need to make an ask, leading to more successful launches.
Instead of shouldering the full financial and promotional burden of a first-time event, partner with other companies. By splitting costs and co-promoting to a shared target audience, you significantly lower risk and can test the marketing channel more affordably.
The speaker advocates a four-step model: Validate, Pre-sell, Deliver, then Build. This approach prioritizes collecting payment based on a well-defined offer document before investing resources into product development, ensuring market demand and initial cash flow from day one.
Avoid the classic bootstrap vs. raise dilemma by using customer financing. Pre-sell your product or service to a group of early customers. This strategy not only provides the necessary starting capital without giving up equity but also serves as the ultimate form of market validation.
Marketing high-priced in-person events requires less "shtick" than digital equivalents. The inherent scarcity (limited seats), tangible experience, and human craving for connection are powerful, built-in marketing hooks that digital products struggle to replicate authentically.
Instead of a single public launch, validate demand with content to build a waitlist. Launch a limited, discounted lifetime deal to this list. Use feedback from these first users to iterate, then launch a second, slightly more expensive beta cohort before the full public release.
Contrary to the 'value first, pitch last' model, present the full offer before your launch event even begins. Then, create urgency by offering a new, valuable bonus each day that expires within 24 hours. This strategy leverages peak attendance on day one and frames the purchase as an opportunity to gain extra value rather than a hard sell.
Validate market demand by securing payment from customers before investing significant resources in building anything. This applies to software, hardware, and services, completely eliminating the risk of creating something nobody wants to buy.
Position a premium, in-person event as the aspirational pinnacle of your brand. Even if most customers can't afford it, its existence builds immense credibility and social proof. This "legitimacy anchor" makes your more accessible digital products an easier sell.