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Why Smaller Lists Work Just As Well As Big Ones - Part Two

Why Smaller Lists Work Just As Well As Big Ones - Part Two

FromThe Three Month Vacation Podcast


Why Smaller Lists Work Just As Well As Big Ones - Part Two

FromThe Three Month Vacation Podcast

ratings:
Length:
25 minutes
Released:
Apr 28, 2018
Format:
Podcast episode

Description

Smaller lists work amazingly well, but there's a big task at hand You not only have to keep clients coming back, but prevent them from leaving as well. How do you do that? At Psychotactics we have many methods and it should give you some ideas as to where you can begin. If you have some ideas, do send them in. ---------- We'll focus on just three things that we can do with our tiny list 1- The first purchase: why you don't need thousands, or even hundreds of clients on your list. 2- How to willingly get clients to buy a second, third, fourth, even ten times in quick succession. 3- Monitoring the connectedness of your community. What makes a society feasible? No doubt, a lot of elements go into the making of a society, but two of the key components are: Are the rest a lot like me? Are they completely different from me? Our lists are small in comparison to most others in our field Our list now hovers around 25,000 people, and probably 5000 people open their e-mail. The membership site at 5000bc has just 600 members. Our workshops allow for just 35 people at a maximum, but often we'll have boutique workshops like the Landing page workshop, and admit only 15 participants. When you consider the size of other lists, and especially those who've been around as long as we have, you'll see there's a marked difference. But how come we're able to do this whole three-month vacation bit, take weekends off, etc. It's because of our belief in the small list, but there's a greater driving force We have community in the sense that's easier to manage when you're smaller. It wouldn't be over the top to state that we've personally met close to one fourth of our members in person. We've interacted with clients via e-mail several times, and on 5000bc, possibly hundreds of times. Even so, the community aspect only tends to work, if the client is willing to pitch in. And they only tend to pitch in, if their two questions are answered reasonably well. Are the rest a lot like me? Are they completely different from me? If the client feels socially overwhelmed, they will not participate in the community. Social overwhelm doesn't come from abnormally large groups. Instead, as one client told me: “I feel about 15 people is all I can manage”. Which is why you need to keep your clients to smaller groups, and for our workshops and training, we might take 35 people on the course, but split them into groups of 5-7 people. That avoids the social overwhelm. Then, we give them structure to introduce themselves to each other and to get to know each other. They get to know the likes, the dislikes—and this reduces isolation. The reason why a society exists is because the group members don't feel extremely different from each other. This fosters a sense of identity with your tribe. And in doing so, it also answers the question: Are the rest a lot like me? When a group is small, and get to know each other, they tend to stay longer The more the connectedness, the more they're likely to pitch in and help one another. Whether you're in business online, or have an offline service—say a clothing firm, or a bakery—there's always a chance to get your audience together. Lulu Melon, the fitness clothing store, for instance, has yoga classes every weekend. Others like the lawyers I worked with, would have seminars and then cheese, and really good wine. And if you're sitting in a land of 64 million sheep, far away from the rest of the world, you can connect with your audience, as we have over the years. To make this work in small groups, we use a ton of methods. Methods we've used so far: A) Offline meet-ups B) Online meet-ups C) Courses online and workshops (but restricted to groups of 7 people) D) Taking Action forum and Cave Guides E) Chocolate from New Zealand A) Offline meet-ups The toughest bit about workshops is all the preparation involved. It's exhilarating for me, as an extrovert, to conduct a workshop, but it's also a fair bit of work because we promise skill, not just
Released:
Apr 28, 2018
Format:
Podcast episode

Titles in the series (100)

Sean D'Souza made two vows when he started up Psychotactics back in 2002. The first was that he'd always get paid in advance and the second was that work wouldn't control his life. He decided to take three months off every year. But how do you take three months off, without affecting your business and profits? Do you buy into the myth of "outsourcing everything and working just a few hours a week?" Not really. Instead, you structure your business in a way that enables you to work hard and then take three months off every single year. And Sean walks his talk. Since 2004, he's taken three months off every year (except in 2005, when there was a medical emergency). This podcast isn't about the easy life. It's not some magic trick about working less. Instead with this podcast you learn how to really enjoy your work, enjoy your vacation time and yes, get paid in advance.