How to Quadruple Your Income by Building In Public
If you want to quadruple your income, there's no need to look any further. All you have to do is take a page from the playbook of some of the world's most successful tech companies.
These businesses don't keep their products and services under wraps until they're perfect – instead, they build them in public, letting customers see everything along the way.
This approach has helped them create trust with their customers and generate more revenue in the process. So how can you apply this strategy to your own business? Keep reading for tips on how to get started!
When you build in public, you're essentially bringing your customers along for the journey. This means being open and transparent about everything – from your successes to your failures. Customers appreciate this type of honesty, and it helps to create a sense of trust between them and your business. In turn, this can lead to more sales and revenue for your company.
So how can you get started with building in public? Here are six tips:
Be open and honest about what you're working on. Customers will appreciate your transparency, and it will help create a sense of trust.
Engage with your audience as much as possible. Respond to comments, answer questions, and give feedback when requested. The more engaged you are, the more likely customers are to stick around.
Keep your product or service up to date and ready for public consumption before beginning to build in public – nothing kills customer confidence quite like starting to build something in public only to have it be unfinished or outdated.
Be prepared to make changes based on feedback. As your customers get a look at what you're working on, they may have suggestions for improvements. Be open to making changes – it will show that you're responsive to customer needs and wants.
Don't be afraid of criticism. It's inevitable that you'll receive some negative feedback when building in public. Just remember that not everyone is going to be happy with everything – so don't take it personally!
Have a plan for how you're going to handle customer data. When building in public, you'll likely collect a lot of data from your customers (such as email addresses). Make sure you have a plan in place for how this data will be used, stored, and protected before beginning to build.
Building in public can be a great way to generate more income for your business. By being open and transparent with your customers, you'll create a sense of trust that can lead to more sales and revenue. So what are you waiting for? Get started today!
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Kadena Tate
Hi! I am Kadena Tate. As a revenue strategist and subscription business model designer, I empower women small business owners to scale with subscriptions and unlock their path to riches.
https://www.kadenatate.com